Small Modular Reactor
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Commentary
Holtec Bets on Nuclear Paired with Solar to Support Decarbonization
The decarbonization of power generation is fostering research and development of new energy technologies, and some companies are reimagining what’s possible when it comes to power plant design. That includes pairing nuclear power with solar power, in a system that could repurpose a brownfield site—for example, a closed or soon-to-retire thermal power plant with transmission […]
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Nuclear
SMR Developer X-Energy Completes Canadian Pre-Licensing Milestone, Projects Look Promising
X-Energy Reactor Co. LLC, a developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, reported on Jan. 17 that it has successfully completed milestones in the Canadian Nuclear Safety Commission’s (CNSC’s) pre-licensing Vendor Design Review (VDR). The company submitted the design of its Xe-100 advanced small modular reactor (SMR) to […]
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Nuclear
Puget Sound Energy Commits $10M to Nuclear Power Feasibility Work, X-energy SMR Technology a Leading Contender for Project
Energy Northwest, a Washington state public power joint operating agency, announced an agreement with Bellevue-based Puget Sound Energy (PSE), which it says will “accelerate the agency’s program examining the feasibility of developing and deploying a next-generation nuclear energy facility.” The agreement, a $10 million investment by PSE in Energy Northwest’s new nuclear project feasibility phase, […]
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Hydrogen
Nuclear, Sustainable Tech Groups Join to Decarbonize Hydrogen, Chemical Production
A UK-based nuclear energy group is working with an Italian technology company to support decarbonization of the chemical industry, including hydrogen production. The agreement announced Jan. 10 between newcleo, a developer of small modular reactors (SMRs) and producer of MOX (mixed oxide) fuel, and two subsidiaries of Italy’s MAIRE will enable development of a conceptual […]
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Nuclear
Study Finds ‘Advanced Nuclear Is the Clear Winner’ to Replace Comanche Coal-Fired Power Plant
A report published by the Pueblo Innovative Energy Solutions Advisory Committee (PIESAC) says the closure of Comanche Unit 3, a coal-fired power plant capable of generating about 800 MW gross, will have “devastating impacts on the economy of Pueblo unless the community, Xcel Energy, and other stakeholders begin planning now for replacement of the highly […]
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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
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
UAMPS and NuScale Power Terminate SMR Nuclear Project
Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corp. (NuScale) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a small modular reactor (SMR) project that was planned for construction on Idaho National Laboratory (INL) property near Idaho Falls, Idaho. “Despite significant efforts by both parties to advance the CFPP, it appears […]
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Press Releases
NuScale Power Comments on Inaccurate Short-Seller Report
PORTLAND, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report). The inaccurate and deceptive “research” is riddled with speculative statements with no basis in fact and demonstrates a limited understanding of small modular nuclear reactors […]
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Nuclear
NuScale Gets a Win with SMRs for Data Centers in Ohio and Pennsylvania
Standard Power, a provider of infrastructure as a service to advanced data processing companies, has chosen NuScale Power’s small modular reactor (SMR) technology to power two facilities it plans to develop—one in Ohio and the other in Pennsylvania. ENTRA1 Energy, an independent global energy development and production company, will support Standard Power’s two projects. “We […]