advanced nuclear fuel

Two much-watched advanced nuclear fuel technology companies—Oklo and Lightbridge—will consider co-locating their commercial metallic fuel fabrication facilities to explore synergies and potentially accelerate innovation across the nuclear supply chain. Under a Jan. 28–announced memorandum of understanding (MOU), the companies plan to conduct a feasibility study that will explore co-locating a Lightbridge Commercial-scale Fuel Fabrication Facility […]

Nuclear energy is surging back in a big way. Case in point: Energy Secretary Jennifer Granholm’s comments last week on plans to restart the Palisades nuclear power plant in Michigan. To bolster the effort, she announced a $1.5 billion conditional loan guarantee to cover work required to restart the plant after a two-year shutdown. And […]

Centrus, a firm poised to demonstrate high-assay, low-enriched uranium (HALEU) production, will partner with microreactor technology developer Oklo on several pioneering steps to build out the HALEU front-end supply chain, including pivotal commercial deconversion capabilities. The landmark collaboration could also make Centrus one of Oklo’s first commercial power off-takers for two reactors planned in Southern […]

The Department of Energy (DOE) has ramped up efforts to explore recycling spent nuclear fuel (SNF), or used nuclear fuel (UNF), from the nation’s fleet of light water reactors (LWRs), doling out $38 million in federal awards to a dozen projects on Oct. 21. Teams will receive funding under the DOE’s March 2022–launched “Converting UNF […]

Marking the first time a utility has taken an ownership stake in a small modular reactor (SMR) project, Ontario Power Generation (OPG) formed a joint venture with Seattle-based Ultra Safe Nuclear Corp. (USNC) to build, own, and operate a proposed Micro Modular Reactor (MMR) demonstration at the Chalk River Laboratories (CRL) site in Ontario, Canada.  […]