Small Modular Reactor

There are many reasons for the nuclear power industry to feel optimistic about the future. For example, the entry of Vogtle Unit 3 into commercial operation on July 31 was a significant milestone and one worth

There are many reasons to be optimistic about the prospects for nuclear energy. As a carbon-free energy source, it is a great option for power generation in a world trying to reduce greenhouse gas emissions and stop climate change. The fact that nuclear reactors can operate at baseload with capacity factors regularly greater than 90% […]

A Finnish group announced construction of a reactor-based heating plant that would provide residential and district heating, saying the project would advance the district energy model and support decarbonization and electrification in Europe as more countries move away from the use of fossil fuels for energy. Steady Energy, a company spun out of the VTT […]

Advancements in nuclear power technology have brought several new companies into the sector, many of them working on innovative reactor designs and fuels to move the industry forward. One of those groups is newcleo, a company based in the UK with additional operations in Italy and France. The company began operating in 2021, and in […]

PORTLAND, Ore. – NuScale Power Corporation (NYSE: SMR) and Nucor Corporation (Nucor) today announced the two companies have signed a Memorandum of Understanding (MOU) to explore co-locating NuScale’s VOYGR™ small modular nuclear reactor (SMR) power plants to provide clean, reliable baseload electricity to Nucor’s scrap-based Electric Arc Furnace (EAF) steel mills. The companies will also […]

“Everywhere we look, we’re seeing demand surging,” Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), said. “When we talk about demand for nuclear, we’re talking about the future of our planet, the future that our children will inherit.” Korsnick spoke those lines on May 15 as part of her “State of the […]

Nuclear has re-invented itself as a compelling pathway to achieving net-zero. It is said that everything is cyclical—where there are periods of expansions and contractions. Could this be true of nuclear energy? Can the benefits outweigh the fears and flip the switch from decommissioning to accelerated growth? In the late 1960s, federal nuclear energy programs […]

The nuclear power industry is banking on development of small modular reactor (SMR) technology to support global growth. Canada is at the forefront of the SMR market, with at least four Canadian provinces involved in a joint strategic plan to advance the deployment of SMRs. ARC Clean Technology Canada recently signed a Memorandum of Understanding […]

The Enel Group and nuclear technology company newcleo signed an agreement under which they will work together on Generation-IV (Gen-IV) nuclear technology projects. Under the deal, Enel will collaborate with newcleo by providing “specialized expertise” through the sharing of “a number of the company’s qualified personnel.” newcleo, for its part, will secure an option for […]

Many experts believe small modular reactors (SMRs), which are generally classified as nuclear power reactors with an electrical output of 300 MW or less, offer great promise for supplying the world with carbon-free energy. Several SMR designs are under development by companies around the world including NuScale Power, GE-Hitachi, Terrestrial Energy, TerraPower, Toshiba, X-energy, and […]