smr

In its quest to drive down costs while boosting safety, the nuclear industry has ramped up efforts to streamline operations and maintenance (O&M). New approaches target efficiency and resilience. If there

A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light water small modular reactors (SMRs) in the U.S. It will also provide funding for “fast follower” deployment support by addressing critical gaps that have long […]

In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement to facilitate the development of a 500-MW fleet of molten salt nuclear reactors by 2035 to power Google’s data centers. The first reactor is expected […]

The European Industrial Alliance on Small Modular Reactors (SMRs) has identified nine SMR projects it will support as its first batch of project working groups (PWGs). The effort marks a significant first step toward the alliance’s goal of deploying SMR technologies across Europe by the early 2030s. The alliance, a collaborative public-private platform launched by the […]

A U.S. bank that supports technology exports to international groups is committing $98 million toward development of a small modular reactor (SMR) project in Romania. The board of directors of EXIM, the U.S. export-import bank, on October 2 announced approval of a final commitment for a loan for pre-project services for the SMR, which would […]

This month, Virginia Gov. Glenn Youngkin and the Commonwealth’s largest utility, Dominion Energy, announced a request for proposal (RFP) for the development and construction of an advanced nuclear small modular reactor (SMR), and the governor signed Senate Bill 454 designed to facilitate the research, design, construction, and deployment of what will be America’s first commercial […]

Nuclear power has consistently provided about 19% to 20% of total annual U.S. electricity generation since 1990. It provides significant amounts of electricity in many other countries as well. According to data from The World Nuclear Industry Status Report (WNISR), a total of 414 reactors were operating in 32 countries, as of July 1, 2024. […]

Russian President Vladimir Putin arrived in Uzbekistan on May 26 to meet with his counterpart Shavkat Mirziyoyev. Among topics high on the leaders’ discussion list was energy. In addition to Russia reportedly being open to broader cooperation on gas supplies with Uzbekistan, the two countries also signed a protocol in the presence of the two […]

The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups helping to revive and expand the UK’s nuclear industry is the University of Sheffield Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the High […]

A group established by Microsoft founder Bill Gates is preparing to begin construction of a new generation of nuclear power plants in June, according to the company’s chief executive. Chris Levesque, CEO of TerraPower, on March 18 said the company is ready to move forward with work on its Natrium reactor at the site of […]