Japan’s JGC invests in NuScale Power

Japanese engineering, procurement, and construction firm JGC Holdings Corporation (JGC HD) has agreed to invest USD40 million in small modular reactor developer NuScale Power. It will also partner with Fluor Corporation – NuScale’s majority investor – on the deployment of NuScale power plants. JGC HD said it will invest USD40 million in NuScale through a …

V.ISO: Resignation of Vice President, Exploration

Vancouver, BC, April 1, 2021 – IsoEnergy Ltd. (“IsoEnergy”) (TSXV: ISO; OTCQX: ISENF) announces that Mr. Steve Blower, Vice President, Exploration has resigned, effective April 30, 2021. Tim Gabruch, President and Chief Executive Officer commented: “On behalf of the Company, I would like to thank Steve for his efforts and contribution since 2016 in his role …

Nuclear industry calls for state policy focus as resource outstrips coal generation in US

Dive Brief: While the Biden administration has indicated support for nuclear energy and advanced reactors, state policies valuing the resource continue to be necessary to keep existing plants on the grid, the Nuclear Energy Institute (NEI) said in its annual State of Nuclear Energy address on Tuesday. The nuclear industry group applauded the introduction of …

BWXT Awarded $28 Million Contract for Continued Mobile Microreactor Design

BWX Technologies, Inc. (NYSE: BWXT) today announced a $28 million, 12-month contract award from the Department of Defense’s (DoD) Strategic Capabilities Office (SCO) for the final design of a transportable microreactor prototype under the second phase of its Project Pele initiative. SCO is partnering with the U.S. Department of Energy to develop, prototype and demonstrate …

Regulators must learn from each other, says head of ASN

Nuclear regulation requires “humbleness and openness”, Olivier Gupta, Director-General of France’s nuclear safety regulator, told OECD Nuclear Energy Agency Director General William Magwood in a WebChat yesterday. Gupta has been Director-General of the Autorité de Sûreté Nucléaire (ASN) since 2016 and has been chair of Western European Nuclear Regulators Association (WENRA) since 2019.   “We …