The company has selected high-temperature gas-cooled reactors (HTGRs), using tri-structural isotropic – or TRISO – particle fuel, with a power output of about 25 MWe. It said it selected this small modular reactor (SMR) technology “due to their inherently safe characteristics”. In the first year, Allseas aims to finalise initial design studies for offshore and …
Nuclear-power demand is set to grow with Meta-Constellation deal The four executive orders recently signed by President Donald Trump help to address the importance and growth of the U.S. nuclear-energy sector in domestic power generation, but it’ll be quite a challenge for the nation to provide the uranium it requires to quadruple nuclear-energy capacity in …
The inauguration of Lee Jae-myung is fueling renewed concerns that the nuclear energy industry may once again face setbacks in its path to revitalization, given that the newly elected president from the liberal Democratic Party views nuclear energy as a “hazardous and unsustainable source.” Though he didn’t entirely rule out nuclear power energy and voiced openness …
Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy. Beginning in 2027, the tech giant will purchase about 1.1 gigawatts of power from Constellation’s Clinton Clean Energy Center in Illinois. Without Meta’s backing, the plant was in danger of premature closure. Tech companies, including Amazon, Google and Meta, signed a pledge …
A Republican Florida congressman is looking to codify several of President Donald Trump’s executive actions pertaining to domestic energy production through legislative action he took Monday. Rep. Byron Donalds, who has been endorsed by Trump to replace term-limited Florida Gov. Ron DeSantis, introduced the “Strengthening American Nuclear Energy Act” in an effort to codify four of the …
Kentucky is among several states in recent years that have put together initiatives to attract nuclear developments to their part of the country. The latest wave of executive orders from the desk of President Donald Trump seeks to speed up the development of the country’s nuclear energy infrastructure and overhaul the industry’s safety regulator, the Nuclear Regulatory Commission. …
Nuclear advocates welcomed proposed regulatory reforms while cautioning that NRC and DOE staff cuts could “undermine” progress. One skeptic said NRC changes would compromise safety. Dive Brief: The White House wants to deploy 300 GW of net new nuclear capacity by 2050 and have 10 large reactors under construction in the U.S. by 2030 while …
President Donald Trump ordered the Nuclear Regulatory Commission to decide on applications for new nuclear plants within 18 months. Trump’s order could help launch small modular reactors in the U.S. by late 2030, GE Vernova CEO Scott Strazik said. The reactors are viewed as the future by many in the industry. President Donald Trump’s executive orders on …
Two new nuclear power units, utilizing domestically designed third-generation Hualong One nuclear technology, began construction on Friday in the southern Chinese port city of Fangchenggang, marking a major expansion of the country’s key nuclear energy base. The new No. 5 and No. 6 units at the Fangchenggang nuclear power station will each have a capacity …
Nuclear-power startup Oklo (OKLO) along with S&P 500 nuclear giants Constellation Energy (CEG) and Vistra (VST) soared at the stock market open on reports that President Donald Trump will sign executive orders Friday to ease regulatory requirements on approvals for new nuclear reactors and enhance fuel supply chains. Trump is expected to sign the executive orders to support the nuclear energy …