Keel laying ceremony for the first of Russia’s new generation floating nuclear power plants took place at China’s Wison Heavy Industries Co yard in Nantong on August 30. Photo: Rosatom Three years after “Akademik Lomonosov” started to produce electricity for the remote Siberian community of Pevek, the first of four in a new generation of …
A new Memorandum of Understanding (MoU) between the two companies will see NuScale Power support Fermi Energia in evaluating the deployment of a NuScale small modular reactor (SMR) plant in Estonia by 2031. Fermi’s plans for SMR deployment are growing in popularity in Estonia, according to the company’s latest survey.\ NuScale’s technology was one of …
Share Rolls-Royce SMR has signed an exclusive agreement with Dutch nuclear energy development company ULC-Energy BV to collaborate on the deployment of Rolls-Royce small modular reactor (SMR) power plants in the Netherlands. ULC-Energy – established in 2021 and based in Amsterdam – aims to accelerate decarbonisation in the Netherlands by developing nuclear energy projects that …
X-energy said it completed the basic design of its high-temperature gas-cooled reactor, a milestone development announced by the U.S. Department of Energy’s nuclear office. Maryland-based X-energy has received funding from DOE to further develop its Xe-100 advanced reactor design and TRISO-X particle fuel. The six-year project resulted in X-energy completing the Xe-100’s basic design and fabricating its first …
Holtec’s SMR-160, 160 MW Electric Nuclear Reactor We hail the passage of the Inflation Reduction Act, which includes landmark provisions to support deployment of nuclear power and other clean energy technologies. This Act will turbocharge the rise of nuclear energy in the U.S., including Holtec’s SMR-160 small modular reactor power plants, which are engineered to …
Small modular nuclear reactors can be developed with a levelized cost of electricity of about $60/MWh, Jon Ball, executive vice president of market development at GE Hitachi Nuclear Energy, said Friday on a panel hosted by the U.S. Energy Association. The company is developing the 300-MW BWRX-300 small modular reactor. A recent poll by the Nuclear Energy Institute predicted …
A night view a Hualong-1 construction site at Changjiang Nuclear Power Plant. /Photo provided by Hainan Nuclear Power China’s self-developed third-generation nuclear power unit Hualong-1 has entered the quantity production phase after the unit’s first commercial operation in January last year. Two new Hualong-1 units are under construction at the Changjiang Nuclear Power Plant in …
Dive Brief: The push for carbon-free energy will drive the growth of small modular reactors, or SMRs, with 300 of them expected to be online by 2050 supplying 731 TWh of power, according to the results of a survey the Nuclear Energy Institute conducted with a subset of its member utilities and released Aug. 5. The 19 …
The world’s first commercial land-based small modular reactor, or SMR, is under construction in southern China’s Hainan Province. Our reporter Zheng Yibing visited the power plant where the unit is located. China’s building the demonstration project of the “Linglong-1,” a small modular reactor in the country’s southern island province of Hainan. It’s the world’s first such type …
TerraPower undertakes a large private capital fundraise in support of advanced nuclear deployment. TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million. This is one of the largest advanced nuclear fundraises to-date. The fundraise was co-led by SK Inc. and SK Innovation (collectively, …
