smr

A U.S. bank that supports technology exports to international groups is committing $98 million toward development of a small modular reactor (SMR) project in Romania. The board of directors of EXIM, the U.S. export-import bank, on October 2 announced approval of a final commitment for a loan for pre-project services for the SMR, which would […]

This month, Virginia Gov. Glenn Youngkin and the Commonwealth’s largest utility, Dominion Energy, announced a request for proposal (RFP) for the development and construction of an advanced nuclear small modular reactor (SMR), and the governor signed Senate Bill 454 designed to facilitate the research, design, construction, and deployment of what will be America’s first commercial […]

Nuclear power has consistently provided about 19% to 20% of total annual U.S. electricity generation since 1990. It provides significant amounts of electricity in many other countries as well. According to data from The World Nuclear Industry Status Report (WNISR), a total of 414 reactors were operating in 32 countries, as of July 1, 2024. […]

Russian President Vladimir Putin arrived in Uzbekistan on May 26 to meet with his counterpart Shavkat Mirziyoyev. Among topics high on the leaders’ discussion list was energy. In addition to Russia reportedly being open to broader cooperation on gas supplies with Uzbekistan, the two countries also signed a protocol in the presence of the two […]

The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups helping to revive and expand the UK’s nuclear industry is the University of Sheffield Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the High […]

A group established by Microsoft founder Bill Gates is preparing to begin construction of a new generation of nuclear power plants in June, according to the company’s chief executive. Chris Levesque, CEO of TerraPower, on March 18 said the company is ready to move forward with work on its Natrium reactor at the site of […]

Nuclear regulatory agencies from the U.S., Canada, and the UK will collaborate on technical reviews and share best practices for advanced reactors and small modular reactor (SMR) technologies. The measure is aimed at improving regulatory efficiency and effectiveness as more reactor technologies seek approval in the three countries. A trilateral memorandum of cooperation (MOC)  signed […]

There are literally dozens of small modular reactor (SMR) and microreactor designs being developed by different companies around the world, and some of the work has been going on for decades. Yet, only two

Community Nuclear Power (CNP), the UK’s only independent small modular reactor (SMR) development company, will spearhead a project to build four Westinghouse AP300 small modular reactors (SMRs) in North Teeside, Northeast England, anticipating commercial operation by the early 2030s. Nuclear technology powerhouse Westinghouse on Feb. 8 said it signed a memorandum of understanding (MoU) with […]

The decarbonization of power generation is fostering research and development of new energy technologies, and some companies are reimagining what’s possible when it comes to power plant design. That includes pairing nuclear power with solar power, in a system that could repurpose a brownfield site—for example, a closed or soon-to-retire thermal power plant with transmission […]

X-Energy Reactor Co. LLC, a developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, reported on Jan. 17 that it has successfully completed milestones in the Canadian Nuclear Safety Commission’s (CNSC’s) pre-licensing Vendor Design Review (VDR). The company submitted the design of its Xe-100 advanced small modular reactor (SMR) to […]

Energy Northwest, a Washington state public power joint operating agency, announced an agreement with Bellevue-based Puget Sound Energy (PSE), which it says will “accelerate the agency’s program examining the feasibility of developing and deploying a next-generation nuclear energy facility.” The agreement, a $10 million investment by PSE in Energy Northwest’s new nuclear project feasibility phase, […]

A UK-based nuclear energy group is working with an Italian technology company to support decarbonization of the chemical industry, including hydrogen production. The agreement announced Jan. 10 between newcleo, a developer of small modular reactors (SMRs) and producer of MOX (mixed oxide) fuel, and two subsidiaries of Italy’s MAIRE will enable development of a conceptual […]

A report published by the Pueblo Innovative Energy Solutions Advisory Committee (PIESAC) says the closure of Comanche Unit 3, a coal-fired power plant capable of generating about 800 MW gross, will have “devastating impacts on the economy of Pueblo unless the community, Xcel Energy, and other stakeholders begin planning now for replacement of the highly […]

NuScale Power, among the best-known companies developing small modular reactor (SMR) technology, said it would cut 28% of its workforce as the company looks to save $50 million to $60 million annually. Rumors of job cuts surfaced last week with online news service HuffPost reporting employees were told of the restructuring plan at a meeting […]

POWER magazine’s website gets millions of pageviews every year. Looking over the stats from 2023, the following five articles were the most-viewed by our audience, which includes many power industry professionals. Were you among the hundreds of thousands of readers of these stories? 5. Westinghouse Secures First Customer for eVinci Nuclear Microreactor (Nov. 27, 2023) […]

China National Nuclear Corp. (CNNC) announced on Dec. 6 that China’s independently developed high-temperature gas-cooled modular pebble bed (HTR-PM) reactor demonstrator had commenced commercial operation. The HTR-PM project was constructed at a site in Rongcheng, Shandong Province (Figure 1), roughly midway between Beijing and Shanghai in eastern China. Touted as “the world’s first commercially operational […]

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corp. (NuScale) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a small modular reactor (SMR) project that was planned for construction on Idaho National Laboratory (INL) property near Idaho Falls, Idaho. “Despite significant efforts by both parties to advance the CFPP, it appears […]

PORTLAND, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report). The inaccurate and deceptive “research” is riddled with speculative statements with no basis in fact and demonstrates a limited understanding of small modular nuclear reactors […]

Standard Power, a provider of infrastructure as a service to advanced data processing companies, has chosen NuScale Power’s small modular reactor (SMR) technology to power two facilities it plans to develop—one in Ohio and the other in Pennsylvania. ENTRA1 Energy, an independent global energy development and production company, will support Standard Power’s two projects. “We […]

Six nuclear designs will advance to the next phase of the UK’s Small Modular Reactor (SMR) competition, a fast-track measure that could result in a government contract within the next 10 months as part of a strategy to deliver operational SMRs by the mid-2030s. EDF, GE-Hitachi Nuclear Energy (GEH), Holtec Britain, NuScale Power, Rolls Royce SMR, […]

There are many reasons for the nuclear power industry to feel optimistic about the future. For example, the entry of Vogtle Unit 3 into commercial operation on July 31 was a significant milestone and one worth

There are many reasons to be optimistic about the prospects for nuclear energy. As a carbon-free energy source, it is a great option for power generation in a world trying to reduce greenhouse gas emissions and stop climate change. The fact that nuclear reactors can operate at baseload with capacity factors regularly greater than 90% […]

Canada’s federal government has committed C$74 million ($55 million) to support SaskPower’s potential deployment of a 300-MW small modular reactor (SMR) in the mid-2030s. Federal agency Natural Resources Canada on Aug. 19 confirmed that up to C$50 million is designated for SaskPower from the agency’s C$250 million Electricity Predevelopment Program. Another C$24 million will be […]

The Nuclear Regulatory Commission (NRC) on July 31 accepted a standard design approval (SDA) application for NuScale Power’s VOYGR-6, a plant design that will be featured in the 462-MWe Carbon-Free Power Project (CFPP) proposed at an Idaho National Laboratory (INL) site. The milestone comes on the same day that CFPP submitted a limited work authorization […]

BREA, CA ­– July 14, 2023 – Curtiss-Wright’s Nuclear division announced today that its Brea, CA facility has received ISO 9001:2015 certification for its quality management system (QMS). This globally-recognized certification allows the company to provide valves, vessels, actuators, control systems, and engineering services for use in construction of next generation Advanced Reactor (AR) and […]

A Finnish group announced construction of a reactor-based heating plant that would provide residential and district heating, saying the project would advance the district energy model and support decarbonization and electrification in Europe as more countries move away from the use of fossil fuels for energy. Steady Energy, a company spun out of the VTT […]

Advancements in nuclear power technology have brought several new companies into the sector, many of them working on innovative reactor designs and fuels to move the industry forward. One of those groups is newcleo, a company based in the UK with additional operations in Italy and France. The company began operating in 2021, and in […]

Building a nuclear power plant is a difficult job. It takes years of planning and sometimes more than a decade to complete. The risk of schedule delays is great, especially on first-of-a-kind projects, and the financial implications of such setbacks can ruin a company. Yet, the Tennessee Valley Authority’s (TVA’s) president and CEO, Jeff Lyash, […]

PORTLAND, Ore. – NuScale Power Corporation (NYSE: SMR) and Nucor Corporation (Nucor) today announced the two companies have signed a Memorandum of Understanding (MOU) to explore co-locating NuScale’s VOYGR™ small modular nuclear reactor (SMR) power plants to provide clean, reliable baseload electricity to Nucor’s scrap-based Electric Arc Furnace (EAF) steel mills. The companies will also […]