Hermes
-
nuclear technologyTVA Inks First U.S. Utility PPA for Gen IV Nuclear Power in Landmark Three-Way Deal with Google, Kairos
The Tennessee Valley Authority (TVA) has signed a first-of-its-kind power purchase agreement (PPA) with advanced nuclear technology firm Kairos Power to buy power from the company’s planned Hermes 2, a molten salt nuclear reactor in Oak Ridge, Tennessee. The deal makes TVA the first U.S. utility to contract for electricity from a Gen-IV reactor. Under […]
-
NuclearAnother Fourth-Generation Nuclear Reactor Begins Construction in the U.S.
Construction of Hermes, Kairos Power’s 35-MWth iterative non-power demonstration molten salt nuclear reactor, has officially kicked off in Oak Ridge, Tennessee. The effort marks another major step for the burgeoning advanced nuclear industry, which celebrated the groundbreaking of TerraPower’s Kemmerer 1, a pioneering sodium-cooled fast reactor demonstration, in June. Site work and excavation for the Hermes […]
-
NuclearKairos Power Gets NRC Green Light for Second Molten Salt Nuclear Facility
The Nuclear Regulatory Commission (NRC) has wrapped up its final safety evaluation for Kairos Power’s Hermes 2 “low power” advanced test facility, comprising two 35-MWth test molten salt reactors—similar to the Hermes 1 “non-power” demonstration reactor for which the regulatory body issued a construction permit in December 2023. The NRC’s action, announced on July 22, […]
-
NuclearDOE, Kairos Unveil Milestone-Based Funding Agreement for Advanced Nuclear Demonstration Project
Kairos Power will secure $303 million from the Department of Energy (DOE) under a novel performance-based, fixed-price milestone approach to support the design, construction, and commissioning of its 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. […]
-
PowerKairos’ 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 […]
-
Nuclear
NRC Accepts Application for Kairos Pebble-Bed Reactor Construction Permit
The Nuclear Regulatory Commission (NRC) will review Kairos Power’s construction permit application (CPA) for its Hermes non-power demonstration reactor, which the firm has proposed to build at the East Tennessee Technology Park Heritage Center site, in Oak Ridge, and begin operating by 2026. The NRC formally accepted the CPA for review on Nov. 30, noting […]
-
NuclearProgress on Kairos Power’s Advanced Nuclear Reactor Demonstration Project
Leaders in Tennessee and officials from Kairos Power announced last week that a privately funded project to establish a low-power demonstration reactor at the East Tennessee Technology Park in Oak Ridge is moving forward. Alameda, California-based Kairos Power plans to invest $100 million and create 55 jobs to deploy its demonstration reactor, called Hermes. The […]
-
NuclearTVA, Kairos Partner to Deploy Molten Salt Nuclear Reactor Demonstration
In a notable, dedicated effort by a major U.S. utility to boost the development of an advanced reactor technology, the Tennessee Valley Authority (TVA) and Kairos Power, developer of a novel fluoride salt-cooled, high-temperature nuclear reactor, on May 6 said they will team to demonstrate Kairos’ Hermes test reactor at the East Tennessee Technology Park […]