Bill Gates’ nuclear venture plans reactor to complement solar, wind power boom

A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power. The effort is part of the billionaire philanthropist’s push to help fight climate change, and is targeted at helping …

Carbon Free Power Project Advances To Next Phase

Los Alamos County’s Carbon Free Power Project (CFPP) will advance into the next phase. The motion to approve continuing the project passed 5-2 during Tuesday night’s County Council meeting. Councilors Randall Ryti and Antonio Maggiore opposed the motion. With this approval, the project’s next phase includes a financial commitment from the County totaling $1,046,849 to …

X-Energy submits its SMR for Canadian Vendor Design Review

US company X-energy announced on 11 August  that it had initiated a Vendor Design Review (VDR) for its Xe-100 small modular reactor (SMR) design with the Canadian Nuclear Safety Commission (CNSC). In preparing to site the advanced nuclear technology reactors in Canada, with partners across the Canadian supply chain, X-energy has found the ideal environment …

Investors Get Charge Out Of Small Modular Nuclear Reactors

The opportunity to provide carbon-free power to pair with renewables, combined with promises of increased safety over traditional nuclear plants, appear to be opening the door to the use of small modular reactors (SMRs) as a source of baseload power. “The world isn’t getting smaller,” said Chris Colbert, chief strategy officer for SMR designer NuScale Power. “Not …

Ontario Power Generation launching Centre for Canadian Nuclear Sustainability

Ontario Power Generation (OPG) is launching the Centre for Canadian Nuclear Sustainability in Pickering, a world class facility that will attract skilled jobs, innovative businesses and economic development to the Durham region as well as advance solutions for minimizing nuclear materials and recycling clean materials. “OPG and the nuclear industry in Ontario are already recognized …

Next Generation Nuclear Reactors: IAEA and GIF Call for Faster Deployment

The IAEA and the Generation IV International Forum (GIF), an initiative involving 13 countries focused on next generation nuclear power technologies, called for greater efforts to support the early deployment of innovative nuclear reactor systems to address climate change. The appeal came during the annual 14th GIF-IAEA Interface Meeting, a gathering of senior IAEA officials …

£40 million to kick start next-gen nuclear technology

This funding will unlock thousands of green jobs by developing the next generation of nuclear energy technology. The UK government today announced £40 million of funding to unlock thousands of green jobs by developing the next generation of nuclear energy technology. Part of this funding will support 3 Advanced Modular Reactor (AMR) projects, which are …