nuclear fuel
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Nuclear
The Uranium Renaissance: Revitalizing America’s Nuclear Supply Chain
As the global demand for clean energy intensifies, nuclear power is enjoying a resurgence not seen in decades. However, this renewed interest has exposed a critical vulnerability in the U.S. energy sector: a massive disconnect between uranium consumption and domestic production. As a guest on The POWER Podcast, Thomas Lamb, president and CEO of Myriad […]
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Nuclear
Japan’s Nuclear Group Will Work with newcleo On Next-Gen Technologies
Newcleo, a European developer of advanced nuclear reactors, and the Japanese Atomic Energy Agency (JAEA) have signed a collaboration agreement to test key materials for newcleo’s Lead-cooled Fast Reactor (LFR) technology. The partnership announced October 1 will leverage the world-class expertise and experience of JAEA, making use of Joyo, a sodium-cooled fast reactor located in […]
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Power
Oklo Breaks Ground on INL Nuclear Fast Reactor Project, Launches Private Fuel Recycling Facility
Advanced nuclear technology firm Oklo has broken ground on its inaugural 75-MWe sodium-cooled fast reactor at an Idaho National Laboratory (INL) site. The project—one of three awarded to the company under the Department of Energy’s (DOE’s) newly established Reactor Pilot Program—is targeting operations between late 2027 and early 2028, though that timeline is contingent on […]
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Nuclear
Centrus Completes 900-kg HALEU Delivery to DOE in U.S. Nuclear Fuel Enrichment Milestone
Centrus Energy has produced and delivered 900 kilograms (kg) of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy (DOE), completing Phase II of its pioneering enrichment contract with the agency. The shipment marks the first significant domestic production of HALEU—a specialized fuel required for many advanced reactors now under development—and stands as a […]
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Legal & Regulatory
DOE Allocates First Round of HALEU to Five U.S. Advanced Nuclear Reactor Developers
In a critical step aimed at bolstering advanced reactor development and their domestic nuclear fuel readiness, the U.S. Department of Energy (DOE) has issued its first round of allocations for high-assay low-enriched uranium (HALEU) under its HALEU Availability Program to five American nuclear developers. On April 9, the DOE said it made conditional commitments to […]
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Trends
Nuclear Fuel: The Unseen Barrier Ahead
As global nuclear ambitions surge, the industry’s fuel supply chain faces critical gaps. Can advanced fuels like HALEU (high-assay low-enriched uranium) and TRISO (TRi-structural ISOtropic particle fuel)
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Nuclear
Oklo’s $25M Move into Radioisotope Production to Expand Advanced Nuclear Revenue Stream
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 […]
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Nuclear
Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge
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 […]
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Nuclear
DOE Selects Four Companies to Boost U.S. HALEU Enrichment for Advanced Nuclear
The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched uranium (HALEU), a critical piece of the next-generation nuclear supply chain. The selected companies include Centrus Energy’s American Centrifuge Operating, URENCO’s Louisiana Energy Services, Orano […]
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Nuclear
DOE Picks Six Companies to Provide HALEU Fuel Services for Advanced Reactors
The U.S. Dept. of Energy (DOE) announced six companies have successfully bid to provide deconversion services for high-assay low-enriched uranium (HALEU) fuel to support advanced nuclear reactors. The DOE on October 8 announced the complete list of successful bidders. They include Nuclear Fuel Services, part of BWX Technologies (BWXT); American Centrifuge Operating, part of Centrus […]
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Trends
Nuclear Cogeneration Gains Momentum in Wyoming with New Microreactor Partnership
Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The microreactor project is an integral part of a contract with the Wyoming Energy Authority (WEA), which is assessing the viability of deploying small-scale nuclear reactors […]
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Nuclear
White House Launches Initiatives to Bolster New Nuclear Deployments
The White House has unveiled a suite of new measures aimed at slashing risks associated with new nuclear reactor development and construction, underscoring its policy push to champion nuclear. At a May 29 White House summit that showcased recent policy developments and industry investments, the Biden administration announced the formation of a nuclear working group […]
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Nuclear
High-Burnup Nuclear Fuel Rods Delivered for Examination After Having Completed Three Cycles of Commercial Operation
High-burnup fuel rods, manufactured by GE Vernova’s Nuclear Fuel business, Global Nuclear Fuel (GNF), have been delivered to the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory (ORNL) for examination after commercial operation. The rods completed three full cycles of operation at a U.S. nuclear power plant. “This shipment of these rods is another […]
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Nuclear
Congress Approves Ban on Imports of Enriched Uranium From Russia
The U.S. Senate on April 30 passed—by unanimous consent—a bill to ban imports of unirradiated low-enriched uranium (LEU) produced in Russia. The bill now heads to the president’s desk for signature into law. The Senate passed the Prohibiting Russian Uranium Imports Act (H.R. 1042), which the House of Representatives passed (also by unanimous consent) by […]
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Commentary
Nuclear Energy Seeing a Resurgence Unlike Any Other
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 […]
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Legal & Regulatory
NRC Sets Stage for Advanced Nuclear with New Part 53 Rule
The Nuclear Regulatory Commission (NRC) has directed its staff to publish a proposed rule and draft guidance to create Part 53, a much-awaited risk-informed and technology-inclusive licensing framework geared toward advanced technologies, including non-light-water-reactors (non-LWRs). In a staff requirements memorandum (SRM) made public on March 4, the commission directed staff to incorporate several changes to […]
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Nuclear
In First, NRC Approves Nuclear Fuel Fabrication Enriched up to 8% for Commercial Power Generation
The Nuclear Regulatory Commission (NRC) has granted Global Nuclear Fuel—Americas (GNF) the regulatory body’s first-ever authorization to produce nuclear fuel with uranium-235 (U-235) enrichments up to 8% for commercial power generation. GNF, GE Vernova’s nuclear fuel arm, on Feb. 15 said the NRC approved a license amendment that will allow its nuclear fuel fabrication facility […]
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Trends
UK Eyes Domestic HALEU Nuclear Fuel Production as Global Interest Ramps Up
The UK may be poised to become the first European country to launch domestic production of high-assay, low-enriched uranium (HALEU). New funding announced by the country’s government this week signifies global momentum to establish a reliable supply of the specialist fuel that will be required for advanced nuclear reactors. The UK’s Department for Energy Security […]
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Nuclear
INL Achieves Fabrication of Commercial-Grade Specialized Nuclear Fuel Pellets
Idaho National Laboratory (INL) has fabricated roughly two dozen commercial-grade fuel pellets of high-assay low-enriched uranium (HALEU) uranium dioxide (UO2), the Department of Energy (DOE) revealed on Nov. 20. The milestone demonstrates the national laboratory’s “unique ability” to provide customized nuclear fuel for industry and government partners, the DOE said. INL said researchers at the […]
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News and Notes
HALEU Fuel, Grid, and WTE Cooling System Projects Featured in Power News and Notes (Aug. 30, 2023)
A number of companies with ties to the power industry revealed new projects and other interesting developments this week. The following are some the more noteworthy announcements that POWER has been monitoring. BWXT to Manufacture HALEU Feedstock for Advanced Reactors BWX Technologies Inc. announced on Aug. 30 that it had entered into a contract to […]
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News
Centrus, Oklo Set Out to Solidify HALEU Fuel Cycle, Trade Advanced Nuclear Power and Fuel
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 […]
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Nuclear
Westinghouse Will Supply Nuclear Fuel for Russian-Designed Reactors in Slovakia
Westinghouse Electric Company signed a long-term agreement with Slovenské elektrárne to license and supply VVER-440 fuel assemblies to its nuclear power plants in Slovakia. Westinghouse said the agreement “supports Slovakia’s energy security and diversification of nuclear fuel.” Slovakia has five operating nuclear reactors (Bohunice 3 and 4, and Mochovce 1, 2, and 3) and one […]
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News and Notes
Busy Week: News and Notes from the Power Industry (July 27, 2023)
A number of companies in the power industry revealed new projects and other interesting developments this week. The following are some the more noteworthy announcements that POWER has been monitoring. BWXT to Provide Nuclear Reactor Engine and Fuel for DARPA Space Project BWX Technologies Inc. (BWXT) announced on July 26 that its reactor and fuel […]
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Power
Centrus Gets NRC Green Light to Introduce Uranium Into HALEU Nuclear Enrichment Cascade
The Nuclear Regulatory Commission (NRC) has allowed Centrus Energy—a firm contracted by the U.S. Department of Energy (DOE) to demonstrate high-assay low-enriched uranium (HALEU) production with domestic technology—to introduce uranium hexafluoride (UF6) into its uranium enrichment centrifuge cascade in Piketon, Ohio. The development marks yet another critical milestone for Bethesda, Maryland–headquartered company in its efforts […]
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Press Releases
Framatome achieves critical NRC approval in development of advanced nuclear fuel technology
April 25, 2023 – Framatome received approval from the U.S. Nuclear Regulatory Commission to apply the company’s suite of Advanced Codes and Methods to operating conditions with uranium-235 enrichments above the industry standard of 5 weight percent (wt%). This approval is a critical step toward the company’s goal of reload readiness by 2027 for nuclear […]
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Nuclear
Centrus Completes Construction, Initial Testing of HALEU Demonstration Cascade
Marking a major milestone, Centrus Energy—a firm under contract with the U.S. Department of Energy (DOE) to demonstrate production of high-assay low-enriched uranium (HALEU) with domestic technology—on Feb. 9 said it completed construction and initial testing of its advanced uranium enrichment centrifuge cascade as well as most of its associated support systems. Once the company […]
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Nuclear
How Does Uranium Price Increase Affect Nuclear Power Plant Profitability?
Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]
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Nuclear
China Approves Commissioning of Thorium-Powered Reactor
China’s Ministry of Ecology and Environment on Aug. 2 gave Shanghai Institute of Applied Physics (SINAP) the green light to commission the experimental 2-MWth thorium-based molten salt reactor (TMSR-LF1) at
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Nuclear
Nuclear Fuel Facility Unveiled for Natrium Fast Reactor Demonstration
A fuel fabrication facility that will create reliable fuel for TerraPower and GE Hitachi Nuclear Energy’s (GEH’s) 345-MWe Natrium pool-type sodium fast reactor (SFR) demonstration in Wyoming and future Natrium nuclear plants is taking shape at Global Nuclear Fuel–Americas’ (GNF-A’s) nuclear fuel fabrication plant in Wilmington, North Carolina. GNF-A, a 2007-established GE-led joint venture with […]
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Trends
U.S. Spent Nuclear Fuel Reprocessing May Be Making a Comeback—Here’s Why
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 […]