On a conference-room whiteboard in the heart of Silicon Valley, Jacob DeWitte sketches his startup’s first product. In red marker, it looks like a beer can in a Koozie, stuck with a crazy straw. In real life, it will be about the size of a hot tub, and made from an array of exotic materials, …
TerraPower has chosen the Naughton power plant in Kemmerer as the site of its first Natrium nuclear reactor, the company said Tuesday. The decision comes nearly six months after the nuclear developer and regional utility Rocky Mountain Power announced plans to build the demonstration reactor at one of four retiring Wyoming coal plants. Also in contention were …
The historic Infrastructure Investment and Jobs Act has passed into law. The package provides almost $2.5 Billion dollars through Fiscal year 2025 for the Department of Energy’s contribution to the Advanced Reactor Demonstration Program, which selected X-energy and Terrapower to demonstrate their advanced nuclear reactors before the end of the decade. Each company will split …
The second reactor of the High Temperature Gas Cooled Reactor-Pebble-bed Module (HTR-PM) at the Shidaowan plant in China’s Shandong province has reached criticality for the first time, China Huaneng has announced. The first of the unit’s twin reactors achieved first criticality in September. According to China Huaneng – the lead organisation in the consortium to …
London: Rolls-Royce says the AUKUS security agreement between Australia, the United Kingdom and the US paves the way for Australia to embrace small modular nuclear reactors. This week Rolls-Royce announced it had raised nearly £500 million ($915 million) in government and private equity funding to build its small modular reactor design. Currently, no such reactors exist …
The locations of the small-sized nuclear reactors in Romania will be decided under a study that started last year, but some of them may coincide with the coal-fired power plants that were closed or are going to be closed, confirmed Teodor Chirica – CEO of Romanian nuclear company Nuclearelectrica, which recently sealed with the US …
General Electric (GE) has announced plans to split into three separate companies, breaking up into publicly traded groups for its energy, healthcare, and aviation divisions. The company on Nov. 9 said the GE Power, GE Renewable Energy, and GE Digital groups will be combined into one business, with the company pursuing a tax-free spin-off of …
· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids · Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050 · Only Generation IV reactor technology will improve the economics of nuclear power …
RICHLAND — Near the Columbia River, Clay Sell hopes to launch a new era of nuclear power with four small reactors, each stocked with billiard ball-sized “pebbles” packed full of uranium fuel. Chief executive officer of Maryland-based X-energy, Sell aims to bring the project online by 2028 as part of a broader attempt to develop safer, …
Rolls-Royce (LSE:RR., ADR:RYCEY) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology. Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a …