SMRs

  • Advanced Nuclear Developers Raise New Capital as 2025 Investment Hits Record Levels and Demonstrations Near

    Three advanced nuclear developers—Radiant, Last Energy, and ARC Clean Technology—announced the closing of major private funding rounds in mid-December 2025, signaling renewed investor momentum behind microreactors and small modular reactors (SMRs) as the companies move from design and licensing into pilot deployment and early commercialization. The announcements—which span a new $300-million-plus round at Radiant, an […]

  • Amazon Unveils ‘Cascade’—Energy Northwest’s Xe-100 SMR Project, Targeting Construction by 2030

    Amazon has unveiled detailed plans and renderings for the Cascade Advanced Energy Facility, an initial 320-MW small modular reactor (SMR) complex that will serve as the first major project in its broader 5-GW nuclear partnership with advanced reactor developer X-energy, announced last year. The project will be owned, built, and operated by Energy Northwest just […]

  • Modular Reactors, Modular Delivery: Scaling Clean Energy with Confidence

    As energy demand intensifies across data centers, industrial clusters, and electrification efforts, small modular reactors offer a scalable path forward. Yet, their success depends on preparing the ground—literally and figuratively—for rapid deployment.

  • NRC Accepts COLA for Fermi America’s Behemoth Four-Unit AP1000 Nuclear Plant in Texas

    The Nuclear Regulatory Commission (NRC) has accepted for review initial portions of a combined license application (COLA) from Dallas-based Fermi America to build and operate four Westinghouse AP1000 reactors in Carson County, Texas. The proposed project—which will be called the “President Donald J. Trump Advanced Energy and Intelligence Campus” (also known as Project Matador)—is slated […]

  • Oklo Completes Key Siting Milestone for First Commercial Nuclear Fast Reactor at INL

    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 […]

  • Group Projects 100-GW Rise in Global Nuclear Power Capacity Across Next Decade

    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.

  • DOE Reissues $900M Nuclear SMR Opportunity, Scraps Community Criteria to Focus on Technical Merit

    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 […]

  • Trump Administration Backs $1.52B Loan for Palisades Nuclear Restart

    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 […]

  • Tech and Industry Giants Pledge to Triple Global Nuclear Power by 2050

    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 […]

  • The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom

    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

  • Italy Passes Law to Bring Back Nuclear Energy

    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 […]

  • Bill Gates’ TerraPower Has Deal to Use Nuclear Power for Data Centers

    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 Seeking Permit for Small Modular Reactor at Nine Mile Point

    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 […]

  • Another Big Data Center Win for Nuclear: Oklo and Switch Sign Historic 12 GW Deal

    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 […]

  • Enhancing Nuclear Plant Safety, Efficiency, and Compliance Through Video Borescope Inspections

    This article explores the role video borescopes play in nuclear plant inspections, emphasizing the value they bring in terms of safety, efficiency, and long-term plant integrity. Nuclear power plants operate

  • Can Nuclear’s Big Recent Wins Propel a True Global Revival?

    While the past year has marked stunning triumphs for nuclear energy, experts caution that high costs, regulatory bottlenecks, and the need for market alignment remain major hurdles on the path to a true

  • U.S. Has Agreement to Help Build SMRs for Ukraine Power Generation

    Officials from the U.S. and Ukraine said the countries will partner on building small modular reactors (SMRs) to replace the latter’s coal-fired power generation, with the SMRs used to help Ukraine decarbonize its steel industry. A statement from the U.S. State Dept., released at the U.N. Climate Change Conference in Baku, Azerbaijan, on Nov. 16, […]

  • DOE Finalizes $1.52B Palisades Loan for First-Ever U.S. Nuclear Plant Recommissioning

    Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $1.52 billion loan guarantee to Holtec International to support the recommissioning of the 800-MW Palisades nuclear plant in Covert Township, Michigan. Separately, the U.S. Department of Agriculture (USDA) awarded electric cooperative Wolverine Power […]

  • UK SMR Competition Narrows Contenders to Four Nuclear Designs

    The UK government has narrowed its shortlist of technologies competing in its flagship Small Modular Reactor (SMR) competition to four candidates. On Sept. 25, it announced that Westinghouse, GE-Hitachi Nuclear Energy (GEH), Holtec Britain, and Rolls-Royce SMR remain in the running to negotiate potentially multi-billion-pound nuclear technology development contracts under the fast-track initiative aimed at […]

  • Google Could Use Small Nuclear Reactors to Power Data Centers

    Google’s top executive confirmed the company is working on large-scale data centers that would use more than 1 GW of power. Sundar Pichai, CEO of Google and Alphabet, in a speech last week at Carnegie Mellon University in Pittsburgh said small modular nuclear reactors (SMRs) could possibly be used to generate the needed electricity. Pichai […]

  • Idaho Falls Power Negotiating PPA for MARVEL-Inspired Aalo-1 Nuclear Fleet

    Municipal power utility Idaho Falls Power (IFP) has announced it is negotiating a power purchase agreement (PPA) with Aalo Atomics, a 2022-founded nuclear engineering firm inspired by Idaho National Laboratory (INL’s) MARVEL microreactor. Aalo on Sept. 16 confirmed it signed a memorandum of understanding (MOU) with the utility to explore the deployment of a fleet […]

  • Nuclear Milestone: China’s HTR-PM Demonstrates Inherent Safety

    Chinese researchers have confirmed the first of two units of the 200-MWe high-temperature modular pebble bed (HTR-PM) demonstration project at the Shidao Bay site in Rongcheng, Shandong Province, successfully

  • South Africa Extends Koeberg Unit 1’s Lifespan, Stands Firm on Nuclear Expansion Plans

    South African state-owned utility Eskom has garnered the National Nuclear Regulator’s (NNR’s) approval to continue operating Unit 1 of the 1,860-MW Koeberg Nuclear Power Station for another 20 years, until July 21, 2044. The nuclear regulator’s approval effectively extends the lifetime of the 930-MW unit to 60 years. The unit’s current 40-year license was set […]

  • White House Launches Initiatives to Bolster New Nuclear Deployments

    The White House has unveiled a suite of new measures aimed at slashing risks associated with new nuclear reactor development and construction, underscoring its policy push to champion nuclear. At a May 29 White House summit that showcased recent policy developments and industry investments, the Biden administration announced the formation of a nuclear working group […]

  • Prodigy and Westinghouse Targeting Launch of eVinci Floating Nuclear Plant in Canada by 2030

    Westinghouse has revealed it is designing a transportable nuclear power plant (TNPP) featuring an eVinci microreactor with Canadian firm Prodigy Clean Energy, aiming to deliver a first project in Canada by 2030. The project will potentially integrate a single or multiple 5-MWe eVinci microreactors within a Prodigy Microreactor Power Station—a purpose-designed floating facility that will […]

  • OPG, Capital Power to Explore Small Modular Nuclear Reactors in Alberta

    Ontario Power Generation (OPG) and North American power producer Capital Power Corp. will jointly examine the feasibility of developing small modular reactors (SMRs) in Alberta, including possible ownership and operating structures. The companies on Jan. 15 announced they signed a two-year commitment agreement to assess the feasibility of jointly owning and operating SMRs in Alberta […]

  • U.S. Pledges to Help Philippines Develop Nuclear Power

    The U.S. will help develop a nuclear power industry in the Philippines after both countries signed an agreement Nov. 17 during the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California. U.S. Secretary of State Antony Blinken, speaking Friday during the meeting, said, “The United States will be able to share equipment and material with […]

  • The POWER Interview: Nuclear Set to Energize, Decarbonize Industry

    A variety of industries are looking at nuclear power as a way to reduce their carbon footprint and provide a reliable source of electricity. Technology companies, along with industries such as mining and shipping, are exploring the use of nuclear energy as a way to cut emissions and electrify their operations. Tech companies such as […]

  • India Begins Commercial Operation of First Domestically Designed 700-MWe PHWR Nuclear Reactor

    India has begun commercial operation of its first domestically designed 700-MWe pressurized heavy water reactor (PHWR) at the Kakrapar nuclear power plant in Gujarat, state-owned Nuclear Power Corp. of India Ltd. (NPCIL) reported on Aug. 30. Commercial operation of  Unit 3 at Kakrapar Atomic Power Project, which is located near the city of Vyara in the […]

  • Hydrogen Production, SMRs Touted for Virginia Data Center Hub

    Two companies supporting different technologies in the energy sector have formed a joint venture to develop an industrial park in Virginia that could feature data centers powered by hydrogen gas generators and small modular reactors (SMRs). Green Energy Partners (GEP), a Pennsylvania-based group better known for its development of solar power, and IP3 International—a nuclear […]