Bill Gates speaks during the Global Fund’s Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Gates topped The Chronicle of Philanthropy’s annual list of the 10 largest charitable gifts announced by individuals or their foundations in 2022. This year’s list totaled nearly $9.3 billion. Gates gave $5 billion to the Bill & Melinda …
Holtec International Inc. has applied for a $7.4 billion federal loan to fund expansion expected from future sales of a company-designed nuclear reactor. Holtec would tap the loan to boost capacity to make parts at its existing U.S. facilities, and to build and commission “at least four” SMR-160 advanced light water reactors. It also expects …
NuScale Power Corporation has submitted an application for approval of its updated small modular reactor design to US nuclear regulators. The company has also signed a contract with Romania’s RoPower Nuclear S.A. for front-end engineering and design work toward the deployment of a VOYGR-6 SMR power plant at Doicești. The NuScale Power Module, on which …
South Korean shipbuilder Samsung Heavy Industries (SHI) has completed the conceptual design for the CMSR Power Barge – a floating nuclear power plant based on compact molten salt reactors – and obtained the basic certification of the design from the American Bureau of Shipping (ABS). In December 2020, ABS said it had completed a new …
Turkey’s government and private companies are in talks with the US for purchases of small nuclear reactors, as the country looks to wean itself off coal. “There is a serious interest in nuclear as a way to replace coal-fired power plants,” Justin Friedman, senior advisor for commercial competitiveness in nuclear energy at the US State …
How the floating unit could look (Image: Rosatom) Rosatom says that the development of nuclear fuel for its Modernised Floating Power Units project – featuring RITM-200S reactors – has been completed. The project for the upgraded floating power unit includes two of the reactors on a barge, with a nominal thermal power of 198 MW each. …
A BN-1200 fuel rod (Image: Rosatom) Experimental fuel assemblies for the BN-600 reactor incorporating BN-1200 fuel rods have been manufactured at the Siberian Chemical Combine in Seversk with the intention they will be loaded into the BN-600 fast neutron reactor at Beloyarsk, Russia, in 2023, Rosatom has said. The BN-1200 is a fast sodium reactor …
(Image: BEIS) The UK government’s funding of GBP60 million (USD 74m) for research into High Temperature Gas Reactors, a type of Advanced Modular Reactor (AMR), aims to help get a demonstration project up and running by the end of the decade. The UK government’s funding announcements on Tuesday also included GBP4 million for the AMR …
The demonstration High Temperature Gas-Cooled Reactor-Pebble-bed Module (HTR-PM) at the Shidaowan site in Shandong province of China has reached its initial full power with “stable operation under the mode of ‘two reactors with one machine’”. The plant features two small reactors that drive a single 210 MWe turbine. It is owned by a consortium led …
X Energy Reactor Co., a developer of small modular nuclear reactors and fuel technology, is merging with a special purpose acquisition company backed by private equity firm Ares Management Corp., X-energy announced Tuesday. The deal would establish a combined publicly traded company valued at $2 billion. The company will receive about $1 billion in cash in …
