NUCLEAR POWER Direct

Municipal power utility Idaho Falls Power (IFP) has announced it is negotiating a power purchase agreement (PPA) with Aalo Atomics, a 2022-founded nuclear engineering firm inspired by Idaho National Laboratory (INL’s) MARVEL microreactor. Aalo on Sept. 16 confirmed it signed a memorandum of understanding (MOU) with the utility to explore the deployment of a fleet […]

The International Atomic Energy Agency (IAEA) said generation capacity of nuclear power worldwide is expected to rise more than the group previously expected, to as much as 950 GW of generation by 2050. The IAEA in a report published Sept. 16 revised its annual projection for a fourth straight year, saying global nuclear capacity could […]

The recent release of proposed regulations to the Clean Hydrogen Production Credit by the U.S. Department of the Treasury and Internal Revenue Service (IRS) has stirred significant interest in the energy sector. These changes mark a pivotal moment in advancing toward a cleaner, more sustainable energy economy. Ongoing review and analysis will be crucial as […]

A government agency in Russia has published a draft plan for the expansion of nuclear power in the country that calls for construction of as many as 34 new reactors by 2042. The Unified Energy System of Russia recently released the plan (translated from Russian), writing that it is open for consultation for the next […]

Chinese researchers have confirmed the first of two units of the 200-MWe high-temperature modular pebble bed (HTR-PM) demonstration project at the Shidao Bay site in Rongcheng, Shandong Province, successfully

BWXT Technologies has won a contract from the National Nuclear Security Administration (NNSA) to evaluate options for deploying a centrifuge pilot plant that could establish a new domestic uranium enrichment capability suitable for national security purposes. The Lynchburg, Virginia–based company on Aug. 26 said the NNSA contract would kick off a yearlong engineering study as […]

The Tennessee Valley Authority (TVA’s) board of directors has approved an additional $150 million for the public power utility’s $200 million New Nuclear Program to boost continued design work and development of potential small modular reactors (SMRs) at TVA’s Clinch River site near Oak Ridge, Tennessee. The combined $350 million funding for the project will […]

While global nuclear power capacity has remained at a consistent level over the past decade, newly released data from the International Atomic Energy Agency (IAEA) suggests that more than two-thirds of the world’s nuclear reactors are more than 30 years old, and nearly a third have been in operation for 40 years. According to the […]

State-run China Energy News reported that officials on August 19 approved construction of 11 nuclear reactors across the country, part of a wave of new reactors that could see China surpass both the U.S. and France in terms of operating reactors by the end of the decade. CGN Power Co., a subsidiary of China’s state-owned […]

A leading nuclear science and technology group in Canada, along with the investment arm of one of the country’s top banks, said they together would invest about CA$20 million ($14.6 million) to support development of commercial fusion energy. Canadian Nuclear Laboratories and BDC Capital, part of the Business Development Bank of Canada, on August 8 […]