Wyoming’s power play: Nuclear project could be the catalyst for economic diversification

Last summer’s bombshell announcement that Wyoming will be home to a first-of-its-kind nuclear demonstration project has energized the Cowboy State’s efforts to wean itself from dependence on fossil fuels. Best known for its abundant, high-quality and affordable coal reserves, Wyoming has been almost desperately seeking other economic drivers to diversify an economy that’s shrinking faster …

Japan’s Mitsubishi, energy body join Gates’ nuclear project

A logo of Mitsubishi Corporation, the parent company of Mitsubishi Heavy Industries, is displayed on a sign outside its headquarters in Tokyo, Nov. 26, 2021. Mitsubishi Heavy Industries and the Japan Atomic Energy Agency have signed an agreement to participate in a next-generation nuclear energy project with TerraPower, a company started by Bill Gates. Mitsubishi …

Installation complete of new Isotope Production System at Bruce Power, paving way for production of life-saving medical isotopes

Bruce Power and Isogen (a partnership between Kinectrics and Framatome) have completed the installation of a groundbreaking Isotope Production System (IPS), making Unit 7 the first power reactor in the world with installed capability to produce Lutetium-177 (Lu-177). Lu-177 is a medical isotope used in the treatment of various cancers, such as neuroendocrine tumours and …

In tiny Wyoming town, Bill Gates bets big on nuclear power

In a small Wyoming town that has relied on coal for over a century, a company founded by the man who revolutionized personal computing is launching an ambitious project to counter climate change: A nationwide reboot of nuclear energy technology. Until recently, Kemmerer was little-known for anything except J.C. Penney’s first store and some 55-million-year-old …

Business secretary hails Hinkley Point C progress as MPs approve nuclear financing bill

The minister was joined by EDF’s chief executive at the plant in Somerset Business secretary Kwasi Kwarteng has said that Hinkley Point C will help protect the UK from “volatile” wholesale gas prices during a visit to the nuclear power plant in Somerset. Mr Kwarteng praised the progress made during construction of the plant as …

Could Floating Nuclear Powerplants Decarbonize Shipping?

An FPSO-style production plant might be able to pump out green ammonia at a bargain price The Palo Alto-based Electric Power Research Institute (EPRI) has released a novel proposal to manufacture green fuels using electricity from a small nuclear power plant – at sea. EPRI’s researchers suggest that the shipbuilding industry’s know-how could be combined with next-generation …

Japan vows to boost nuclear tech development in energy talks with U.S.

Japan will bolster the development of next-generation nuclear power technology in cooperation with the United States and other partners, industry minister Koichi Hagiuda said Thursday during talks with his U.S. counterpart. Hagiuda told U.S. Energy Secretary Jennifer Granholm during video talks that the Japanese government will urge more local energy companies to join an international …

Crypto miners look to nuclear power

Cryptocurrency mining is hugely energy intensive, and with the United States now the leading source of Bitcoin production, companies are looking to nuclear plants to power their operations The global Bitcoin mining network consumed an estimated 67TWh of electricity in 2020, according to Cambridge university’s Bitcoin Electricity Consumption Index (BECI). This has already been surpassed …

Energoatom explores cooperation with British developer of small modular reactors Rolls-Royce

On January 5, 2022, Energoatom’s senior managers held an online meeting with representatives of the British company Rolls-Royce, during which the latter showcased the UK SMR technology. Rolls-Royce representatives briefed the Ukrainian side on plans to build 16 UK SMR power units in the UK by 2050. The UK SMR project is expected to be …