This next-generation nuclear power plant is pitched for Washington state. Can it ‘change the world’?

RICHLAND — Near the Columbia River, Clay Sell hopes to launch a new era of nuclear power with four small reactors, each stocked with billiard ball-sized “pebbles” packed full of uranium fuel. Chief executive officer of Maryland-based X-energy, Sell aims to bring the project online by 2028 as part of a broader attempt to develop safer, …

Rolls-Royce announces funding secured for Small Modular Reactors

Rolls-Royce (LSE:RR., ADR:RYCEY) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology. Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a …

Westinghouse micro-reactor feasible option for Canada, study finds

The eVinci micro-reactor can provide necessary, clean and cost-competitive energy to decentralised, off-grid markets in Canada, a feasibility report prepared by Bruce Power and Westinghouse has found. The report comes a year after the two companies agreed to explore applications of Westinghouse’s eVinci technology programme within Canada. A 12-page executive summary, providing a market overview of …

U.S. ‘very bullish’ on new nuclear technology, Granholm says

GLASGOW, Scotland — In an interview at the U.N. Climate Change Conference, Secretary of Energy Jennifer Granholm told Yahoo News on Friday that the Biden administration is “very bullish” on building new nuclear reactors in the United States. “We are very bullish on these advanced nuclear reactors,” she said. “We have, in fact, invested a …

Why Nuclear Energy Is Making a Comeback

Could it be that the seedlings of a renaissance are beginning to take hold in the nuclear energy industry? As the world grapples with the necessity of massively reducing greenhouse gas (GHG) emissions, politicians are increasingly turning to nuclear energy as a potential solution. That growing momentum of support has led to a handful of notable policy announcements so far …