Rwanda signs agreement with NANO Nuclear

US microreactor technology company NANO Nuclear Energy Inc has signed a memorandum of understanding with the Rwanda Atomic Energy Board (RAEB) that could lead to the deployment of small modular reactors and microreactors in the African nation. NANO Nuclear said the MoU establishes a framework under which it will work alongside the RAEB to facilitate …

TerraPower Selects Sargent & Lundy to Design Kemmerer Training Center at Natrium™ Demonstration Site

TerraPower announced today its selection of industry experts Sargent & Lundy to design the Kemmerer Training Center (KTC); another major milestone for TerraPower’s Natrium Reactor Demonstration Project in Kemmerer, Wyoming. The 30,000 sqft Kemmerer Training Center will host all Natrium operation training activities, for both the demonstration project as well as future Natrium plants. The …

Rebranded SNC-Lavalin seeks as much as $75M in taxpayer dollars to build more powerful Candu nuclear reactors

AtkinsRéalis wants to develop a new Candu reactor to sell around the world, but an industry insider says the company’s past could be a ‘big problem’ to getting funding  A company formerly at the centre of one of the biggest scandals of the Trudeau government is now looking for as much as $75 million in …

Oklo’s microreactor project pipeline jumps 93% ahead of 2027 planned deployment

Data centers account for 600 MW of Oklo’s roughly 1,350 MW in business currently under negotiation with customers, CEO Jacob DeWitte said on the company’s Q2 2024 earnings call. Oklo has non-binding letters of intent for approximately 1,350 MW of microreactor capacity as of this month, a 93% increase from about 700 MW in July …

AI, manufacturing spur SMR interest, but project complexity weighs on deals: NuScale

CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators. The July enactment of the Advanced Nuclear for Clean Energy, or ADVANCE, Act and the U.S. Department of Energy’s June announcement of up to $900 million in funding for early small …

Florida’s Byron Donalds announces major legislative push for nuclear energy

Florida Republican Rep. Byron Donalds announced his “Summer 2024 Nuclear Push,” composed of 10 aspects in a bid to promote nuclear energy in the U.S. That includes six pieces of legislation and four letters to “leaders of top international institutions with nuclear financing capabilities.” Below is a list of Donalds’ upcoming legislation: H. RES. 1395 – USA …

New York could see electricity demand grow 90% by 2042: ISO

Long-duration batteries, small modular nuclear reactors, hydrogen and fuel cells may be needed to replace 25 GW of fossil generation by 2040. New York’s electricity demand could increase by 50% to 90% over the next two decades, driven by the electrification of heating and transportation and the development of energy intensive projects and industry, the state’s grid …

India Pledges Support for Nuclear, Coal, and Pumped Storage Projects

Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July …