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 …

The fifth tier of the inner containment of the reactor building installed at the Unit 3 of Akkuyu NPP (Turkiye) construction site

The welded metal structure of 396 tons and 6.5 meters high was moved to its regular place by a crawler crane. The fifth tier of the inner containment (IC) has been installed at the Akkuyu NPP Unit 3 (Turkiye). The ring-shaped welded metal structure of 396 tons and 6.5 meters high, assembled at a special …

Rosatom ships the reactor hall equipment for Unit 4 of Xudapu NPP (China)

The work on this projects is an example of constructive partnership that opens up new prospects for cooperation in the field of peaceful nuclear energy. On August 14 the reactor vessel and steam generator for Unit 4 of Xudapu NPP were shipped from the production site of Atommash (Mechanical Engineering Division of ROSATOM). The nuclear …

Sweden Considers Borrowing $28.5 Billion to Finance Nuclear

The model includes both state-backed loans and CfD contracts Program is designed to support four full-scale reactors Sweden could borrow 300 billion Swedish kronor ($28.5 billion) to help finance a new fleet of nuclear reactors in the coming decades. A government study released Monday in Stockholm highlighted several features of its preferred model in order provide certainty …

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 …

China Is Rapidly Building Nuclear Power Plants as the Rest of the World Stalls

The world’s second-largest economy is expected to leapfrog France and the US as the top source of atomic power. Within sight of mango and pineapple fields on the Chinese holiday island of Hainan, workers at Linglong One are finishing what will become the world’s first small modular nuclear reactor built for commercial purposes. It’s part of a …

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 …

Construction starts on several projects at nuclear power plants, accelerating China’s clean-energy development

Construction or upgrading began recently on several projects at nuclear plants in China, a significant development in the country’s nuclear power and clean energy landscape. Construction began on Sunday at a new unit of the Ningde Nuclear Power Plant in East China’s Fujian Province. The first concrete pour for the nuclear island of Unit 5 …

US working with Kyiv on future power generation plans

Jennifer Granholm, U.S. Secretary of Energy, delivers a keynote address during the opening event of the fifth meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) in Bucharest, Romania, July 23, 2024. Inquam Photos/Octav Ganea via REUTERS/File Photo Purchase Licensing Rights  The United States is working with Ukraine on a roadmap for its post-war energy …