SMRs

Government officials in the Netherlands have earmarked more than $350 million to fund further development of nuclear energy in the country, including extending the operating license of the 485-MW Borssele

Days after Korea Hydro & Nuclear Power (KHNP) announced it would participate in a consortium to develop floating nuclear power plants, the owner and operator of South Korea’s 25 nuclear power plants joined forces with TerraPower to bolster the demonstration and commercialization of Natrium, TerraPower’s sodium-cooled fast reactor integrated energy system. The deals were announced […]

GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to UK authorities, kicking off a key regulatory process that could give the advanced nuclear technology a competitive edge as the country races to potentially triple its nuclear capacity to up to 24 GW by […]

NuScale has signed a first task order and a statement of commencement with Polish mining and processing firm KGHM Polska Miedź S.A., kicking off early work for a VOYGR nuclear power plant of up to 924 MWe that the partners could deploy as early as 2029 to support KGHM’s copper and silver production in Poland. […]

The Tennessee Valley Authority (TVA) will invest in a major program that will explore the construction of multiple advanced nuclear reactors—starting with a GE-Hitachi BWRX-300 small modular reactor (SMR) at its Clinch River site in Tennessee. TVA Board members during a meeting on Feb. 10 unanimously approved TVA’s “New Nuclear Program,” a broad new initiative […]

A subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy has announced it plans to invest another $3.9 billion into renewable energy in Iowa, with a project that would add more than 2 GW of wind power to the state. Des Moines-based MidAmerican Energy on Jan. 19 said the Wind PRIME project also includes solar power […]

Duke Energy has kicked off an effort to renew the operating licenses of all its 11 nuclear reactors for 20 more years, starting with Oconee Nuclear Station, its largest nuclear plant. The utility on June 21 filed an application with the U.S. Nuclear Regulatory Commission (NRC) for a subsequent license renewal (SLR) for the three-unit 2.5-GW […]

In a brief interview this February, Francesco Venneri, Ultra Safe Nuclear Corp. CEO, explained to POWER why the company’s development of its proprietary fully ceramic microencapsulated (FCM) fuel is significant for the future of advanced nuclear, and how the company plans to roll it out.  Seattle-based Ultra Safe Nuclear Corp. (USNC), developer of the 5-MWe […]

Another small modular reactor (SMR) design is moving closer to commercial operation after achieving a licensing milestone. GE Hitachi Nuclear Energy (GEH), which is designing the BWRX-300 SMR, on Dec. 1 said the U.S. Nuclear Regulatory Commission (NRC) has issued a final safety evaluation report for the first of several licensing topical reports (LTRs) submitted […]

Doubling down on its net-zero efforts, Duke Energy will retire all coal-only units in the Carolinas, multiply its renewable portfolio, and cease emitting methane in its natural gas business by 2030.  The company made the announcements on Oct. 12 at its first environmental, social and governance (ESG) day, a virtual event geared toward its investors. […]