SMRs

Advanced nuclear developer Oklo announced it has successfully completed borehole drilling for site characterization work at its Idaho National Laboratory (INL) site, marking a pivotal milestone as the company progresses toward constructing its first commercial Aurora Powerhouse—a liquid sodium–cooled fast reactor designed for scalable deployment. The standard nuclear project development step, involved “drilling of several […]

A new report from GlobalData, a data and analytics group, projects global nuclear power capacity will hit 494 GW by 2035. The group said capacity gains will be tied to advancements in deployments of small modular reactors (SMRs), along with the continuing worldwide shift to cleaner forms of energy.

The U.S. Department of Energy (DOE) has reissued a $900 million funding opportunity to accelerate deployment of Generation III+ small modular reactors (SMRs), removing community benefit requirements and shifting the focus solely to technical merit—a move that reflects the Trump administration’s revised energy and industrial priorities. The funding opportunity announcement (FOA)—officially designated DE-FOA-0003485—was first issued […]

The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the 800-MW Palisades Nuclear Plant in Michigan. The funding, a key step in reviving the shuttered facility, reinforces a loan guarantee initially issued under the Biden […]

A coalition of large energy users—including Google, Amazon, Meta, Occidental, and Dow—have pledged their support for tripling global nuclear capacity by 2050. The cross-industry commitment, announced on the sidelines of CERAWeek by S&P Global in Houston, marks the first time large energy users beyond the nuclear sector have collectively backed such an extensive expansion of […]

Data center power demand is accelerating, pushing the grid to its limits and prompting tech giants to bet on next-generation nuclear reactors. But given steep costs, regulatory hurdles, and uncertain

Government officials in Italy have implemented a new law that allows for nuclear energy to return in the country, four decades after voters banned the technology in a 1987 referendum. Prime Minister Giorgia Meloni has called the measure, adopted by the government on Feb. 28, a move toward energy security for Italy. The law, which […]

TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy advanced nuclear reactors to power existing and future facilities. TerraPower on Jan. 21 said it will work with Sabey Data Centers (SDC) on “a strategic […]

Constellation Energy said the company is applying for federal funding as it evaluates whether to put one or more small modular nuclear reactors (SMRs) at its Nine Mile Point nuclear power plant in New York. Constellation in a news release on Jan. 15 said the New York State Energy Research and Development Authority (NYSERDA) has […]

Advanced nuclear firm Oklo has partnered with Switch, a Las Vegas-based data center designer, builder, and operator, to deploy 12 GW of Aurora powerhouses through 2044 in a  historic deal hailed as “one of the largest corporate clean power agreements ever signed.” The two companies announced a groundbreaking Master Power Agreement on Dec. 18 to […]