NUCLEAR POWER Direct

Westinghouse and Radiant Industries have secured a $5 million Department of Energy (DOE) award to advance their microreactor designs for testing at the Demonstration of Microreactor Experiments (DOME) testbed at Idaho National Laboratory (INL)— the world’s first facility, specifically designed to support fueled reactor experiments for advanced nuclear technologies. The two companies, along with Ultra […]

Canada’s AtkinsRéalis Group announced it has an agreement to build two new CANDU nuclear reactors in Romania, which would be the first new reactors of that type built since 2007. The Montreal-based company on Nov. 15 said the Romanian project is a joint venture with Fluor Corp., Ansaldo Nucleare, and Sargent & Lundy. The contract […]

President-elect Donald Trump announced that Chris Wright, the CEO and founder of Denver, Colorado-based Liberty Energy, will lead the Department of Energy (DOE) in the new administration. “I am thrilled to announce that Chris Wright will be joining my Administration as both United States Secretary of Energy, and Member of the newly formed Council of […]

Officials from the U.S. and Ukraine said the countries will partner on building small modular reactors (SMRs) to replace the latter’s coal-fired power generation, with the SMRs used to help Ukraine decarbonize its steel industry. A statement from the U.S. State Dept., released at the U.N. Climate Change Conference in Baku, Azerbaijan, on Nov. 16, […]

Oklo has moved to acquire Atomic Alchemy, a U.S. firm specializing in high-value radioisotopes, in a $25 million all-stock transaction. The acquisition will add radioisotope production capabilities to Oklo’s advanced reactor and fuel recycling operations, creating a new revenue stream and strengthening the resilience of the isotope supply chain, the company said. Radioisotopes, unstable atoms […]

The Federal Energy Regulatory Commission (FERC) has rejected an amended interconnection agreement that would have supported expanded co-located load at an Amazon Web Services (AWS) data center connected to the 2,520–MWe Susquehanna nuclear power plant in Pennsylvania, citing grid reliability and cost fairness concerns. FERC on Nov. 1 voted 2–1, with Commissioners Mark Christie and […]

Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which the company will seek to secure new ownership while ensuring uninterrupted operations. The company’s Oct. 29 filings at the U.S. Bankruptcy Court for the District […]

A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose technology builds on recent fusion advances at two U.S. national labs, is the latest U.S.-based group to join a growing list of companies working on […]

A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light water small modular reactors (SMRs) in the U.S. It will also provide funding for “fast follower” deployment support by addressing critical gaps that have long […]

In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small modular reactor (SMR) projects by 2039, starting with an initial four-unit 320-MWe Xe-100 plant with regional utility Energy Northwest in central Washington. Separately, Amazon signed […]