NUCLEAR POWER Direct
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Nuclear
SMR Leader NuScale Cuts 154 Jobs as Nuclear Company Restructures
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 […]
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Nuclear
DOE Awards Civil Nuclear Credits to Diablo Canyon
The Department of Energy (DOE) will award credits under its Civil Nuclear Credit (CNC) program to bolster the continued operation of Diablo Canyon Power Plant (DCPP) Units 1 and 2, Pacific Gas and Electric Co.’s (PG&E’s) 2,240-MW nuclear plant in San Luis Obispo County, California. A record of decision published by the agency’s Grid Deployment Office on […]
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Commentary
2023: A Transformative Year for Small Modular Nuclear Reactors
The small modular reactor (SMR) concept has long been viewed by many within the nuclear sector and by policymakers as somewhat of an arriviste—an upstart with bold promises but lacking credibility and a track record. SMRs were touted to save the nuclear industry from its original sins of delays and cost overruns, typical for all […]
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Nuclear
Siemens Energy Poised to Partner with Oklo on Aurora Nuclear Reactor
Siemens Energy may be poised to become a crucial equipment and consulting partner for Oklo’s Aurora powerhouse, a liquid metal-cooled fast nuclear reactor. A memorandum of understanding (MOU) Oklo unveiled on Dec. 19 designates Siemens Energy to become Oklo’s potentially preferred supplier for the rotating equipment in the conventional island of the Aurora powerhouse, including […]
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Nuclear
California Regulators Vote to Keep Diablo Canyon Nuclear Plant Open Another Five Years
California’s Diablo Canyon nuclear plant can continue operating at least through much of 2030 after state energy regulators on Dec. 14 voted to keep the facility open an additional five years. The state’s Public Utilities Commission (PUC) on Thursday agreed to extend the closure date for Diablo Canyon, which originally was scheduled to shut down […]
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Trends
COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels
Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]
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Power
Kairos’ Hermes Secures First NRC Green Light for Advanced Nuclear Non-LWR Reactor
The Nuclear Regulatory Commission (NRC) has approved a construction permit for Kairos Power’s 35-MWth Hermes molten salt “non-power” demonstration reactor, which the firm has proposed to build at the East Tennessee Technology Park Heritage Center (ETTP) site in Oak Ridge. The NRC on Dec. 12 directed staff to issue the construction permit for the test reactor […]
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Nuclear
South Africa Looking at Nuclear Power to Solve Load-Shedding Crisis
South African officials, faced with continued power outages that are hurting the country’s economy, are turning to nuclear power in an effort to support a more reliable supply of electricity. The country has experienced intermittent blackouts, part of a process known as load shedding, since 2008. The outages, imposed by state-owned utility Eskom, have escalated […]
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Nuclear
Impressive Milestones Achieved on Chinese Advanced Nuclear Power Projects
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 […]
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Nuclear
U.S. Set to Lead Global Research for Nuclear Fusion
U.S. climate envoy John Kerry said the U.S. is ready to work with other governments on research and development of nuclear fusion, as part of efforts to produce more carbon-free energy and combat climate change. Kerry made the announcement Dec. 5 at the COP28 climate conference in Dubai, United Arab Emirates. Fusion has long been […]