A large holding company is looking to build in Butte, and their plans include utilizing nuclear energy. At Wednesday night’s Council Of Commissioners meeting, the head of XGen informed the local legislative body of their intentions to relocate here from Florida. XGen has the backing of Westinghouse and is seeking to build a nuclear power …
Holtec International is on the verge of doing something that’s never been done before in the nuclear sector: bringing a nuclear plant back to life. The company is working to repower the Palisades Nuclear Generating Station in Michigan by 2025 and received a conditional commitment of up to $1.52 billion in loan guarantees from the U.S. Department …
Molten salt reactors (MSRs) represent a fascinating intersection of nuclear history and modern innovation. The concept of using molten salts as both a coolant and fuel carrier dates back to the 1950s, with the pioneering work of Alvin Weinberg and his team at Oak Ridge National Laboratory (ORNL). In 1965, ORNL successfully operated the Molten …
Russias state agency Rosatom has extended an enticing offer to Bangladesh, proposing the establishment of several small-scale nuclear power plants known as Small Modular Reactors (SMRs) in Bangladesh. These innovative reactors boast a maximum capacity of 300 MW, gaining traction globally for their streamlined construction processes compared to their larger counterparts. On March 2, 2024, during a meeting, …
Refiner looks to build SMRs for clean power use in refineries Indian Oil’s R&D director Sharma speaks in New Delhi State-run Indian Oil Corp. Ltd. is in preliminary talks with India’s atomic power monopoly to build small nuclear units, an early-stage technology seen as a cost-effective alternative to larger plants. The refiner and fuel retailer is exploring …
The U.S. Department of Energy (DOE) today released an information guide for communities considering replacing their retired or retiring coal power plants with nuclear power plants. The guide is based on a technical study that found transitioning from a coal plant to a nuclear one would create additional higher paying jobs at the plant, create hundreds of additional jobs …
TerraPower announced today the submission of its construction permit application to the U.S. Nuclear Regulatory Commission (NRC) for the NatriumTM reactor1 demonstration project. TerraPower is the first to submit its construction permit application for a commercial advanced reactor to the NRC. TerraPower is leading the way in bringing the next generation of nuclear energy to market. TerraPower …
South Korea’s Ministry of Science & ICT (MSIT) has signed a memorandum of understanding with eight Korean companies to cooperate on the development of next-generation nuclear reactors. “While nuclear power is emerging as a core strategic technology due to the global climate crisis and reorganisation of the energy supply chain, competition for next-generation nuclear reactors …
The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s. On March 19, Nucor, Microsoft and Google announced the Advanced Clean Electricity request for information, or RFI, a joint initiative to stimulate development and deployment of reliable, low- or zero-carbon electricity generation technologies like advanced …
Bill Gates at TerraPower with a mock-up of metal fuel pin bundles for his planned SMR. TerraPower, a company founded by Bill Gates, says it plans to start building the first of a new generation of nuclear power plants in the US in June, joining a race with Russian and Chinese rivals to develop and …