smr

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 […]

Building a nuclear power plant is a difficult job. It takes years of planning and sometimes more than a decade to complete. The risk of schedule delays is great, especially on first-of-a-kind projects, and the financial implications of such setbacks can ruin a company. Yet, the Tennessee Valley Authority’s (TVA’s) president and CEO, Jeff Lyash, […]

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 […]

Westinghouse has officially unveiled the AP300, a “downsized” version of the company’s flagship AP1000 Generation III+ pressurized water reactor (PWR) technology. While the small modular reactor (SMR) will enter a nuclear market already rife with development, the AP300’s “nth-of-a-kind” basis positions it as a strong competitor, the company told POWER. The 300-MWe/900-MWth AP300, launched on May 4, […]

The term “nuclear renaissance” was very popular in the early 2000s. Nuclear power plant operators had substantially improved existing plant performance, and many new plants were being considered around the

The Tennessee Valley Authority (TVA), Ontario Power Generation (OPG), and Synthos Green Energy (SGE) will collaborate to shape a standard design for GE-Hitachi Nuclear Energy’s (GEH’s) BWRX-300 small modular reactor (SMR) to speed up the technology’s regulatory acceptance and spur future deployments. The three companies, which have separately begun a regulatory process for potential BWRX-300 […]

Last Energy, a U.S.-based micro modular nuclear technology firm and project developer, has secured power purchase agreements (PPAs) for 34 PWR-20 small modular reactor (SMR) units with four industrial partners in the UK and Poland. The deals, which represent a combined $18.9 in power sales, mark “the largest pipeline of new nuclear power plants under […]