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 …
Installation work has started within the reactor building of the Changjiang SMR (Image: CNNC) Equipment installation work has commenced at the ACP100 small modular reactor (SMR) demonstration project at the Changjiang nuclear power plant on China’s island province of Hainan. Welding began in the JR110 room of the R11 area of the nuclear island reactor …
The agreement was signed by NCBJ Krzysztof Kurek and JAEA President Koguchi Masanori in Tokyo on 22 November (Image: JAEA) A new agreement between the Japan Atomic Energy Agency (JAEA) and Polish National Centre for Nuclear Research (NCBJ) has added the basic design of a research reactor to their ongoing collaborative R&D on high-temperature gas-cooled …
The Philippines will have to wait 10 years to see a working nuclear power plant, a top official of the Department of Energy (DOE) said Tuesday. “If we do it the regular way. You have to have siting, you have feasibility studies, then you have to develop the siting to make sure it’s durable enough …
How a VOYGR-6 plant at Idaho National Laboratory might look (Image: UAMPS) The latest cost estimate for a project to build the first NuScale small modular reactor (SMR) power plant in the USA underscores the need for scalable advanced nuclear technology that can produce cleaner, safer and cost competitive energy, the CEO of NuScale Power …
The National Reactor Innovation Center (NRIC) is a national Department of Energy (DOE) program led by the Idaho National Laboratory (INL) that allows collaborators to harness the world-class capabilities of the U.S. National Laboratory System. NRIC supports the construction and demonstration of advanced reactor systems through a suite of services and capabilities. “Our vision is …
Rising steel prices, interest rates could push NuScale SMR cost to $100/MWh, threaten UAMPS project NuScale Power Higher steel prices and interest rates are driving up the projected cost of energy from Utah Associated Municipal Power Systems’ planned 462 MW small modular reactor project, multiple municipal utilities have reported. Previous cost estimates were for the project …
A rendering of a BWRX-300 plant (Image: GEH) Ontario Power Generation (OPG) has submitted an application for a Licence to Construct a small modular reactor (SMR) at the Darlington site, where it plans to build Canada’s first commercial, grid-scale SMR. This licence is required before any nuclear construction work on the SMR at Darlington can …
4. This graphic visualizes the thorium-based molten salt reactor (TMSR-LF1) engineering design. A 2-MWth version of the TMSR is under commissioning in China. Courtesy: SINAP China’s Ministry of Ecology and Environment on Aug. 2 gave Shanghai Institute of Applied Physics (SINAP) the green light to commission the experimental 2-MWth thorium-based molten salt reactor (TMSR-LF1) at …
The Japanese government plans to consider developing and building next-generation nuclear reactors. One of them is known as a high-temperature gas-cooled reactor. One feature of such a reactor is the use of helium gas to cool the reactor’s core. That theoretically makes it possible to extract extreme heat in an efficient manner compared with existing …