TerraPower
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Nuclear
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 […]
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Nuclear
Bill Gates’ TerraPower Ready to Build New U.S. Nuclear Power Plant
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 […]
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Nuclear
DOE Launches Nuclear RFP for Uranium Enrichment to Expand Domestic HALEU Chain
The U.S. Department of Energy (DOE) has issued a request for proposals (RFP) for uranium enrichment and storage services as part of a measure aimed at stimulating a domestic supply chain for high-assay, low-enriched uranium (HALEU). The action follows an RFP released in November 2023 for services to deconvert enriched uranium into metal, oxide, and […]
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Nuclear
Nuclear Industry Giants Collaborate on European Projects While Japan Expands Partnership with U.S. Reactor Designer
Westinghouse Electric Company and Bechtel have together proposed a deal to supply the Czech Republic with as many as four AP1000 nuclear reactors. The proposal aims to construct one or two units at the Dukovany nuclear site and two additional units at the Temelin site. The Dukovany site currently has four Russian-designed VVER-440 nuclear units, […]
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Trends
South Korean Companies Snap Up Opportunities to Advance Floating Nuclear, Nuclear Hydrogen, SMRs
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 […]
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Commentary
America—and the World—Needs More Nuclear Power
Nuclear energy is making a comeback—at home in America and worldwide. The 118th Congress presents new opportunities to make sure America leads the world on this crucial clean energy technology. The drumbeat
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Nuclear
Updates on Five Big Nuclear Energy Developments POWER Was Watching in 2022
In January 2022, the U.S. Department of Energy’s (DOE’s) Office of Nuclear Energy (NE) published a list of five nuclear energy stories to watch in 2022. Here’s an update on the items the NE felt were important for industry insiders to keep an eye on. The Bipartisan Infrastructure Law The DOE noted in the January […]
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Power
Small Modular Reactors Aren’t Difficult Nuclear Waste Generators
Many experts believe small modular reactors (SMRs), which are generally classified as nuclear power reactors with an electrical output of 300 MW or less, offer great promise for supplying the world with carbon-free energy. Several SMR designs are under development by companies around the world including NuScale Power, GE-Hitachi, Terrestrial Energy, TerraPower, Toshiba, X-energy, and […]
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Coal
PacifiCorp, TerraPower Evaluating Deployment of Up to Five Additional Natrium Advanced Reactors
Regulated utility PacifiCorp has launched a joint study with nuclear technology firm TerraPower to evaluate the feasibility of deploying up to five additional Natrium pool-type sodium fast reactors (SFRs) and integrated energy storage systems at retired coal plant sites in the utility’s service territory by 2035. The joint study “will evaluate, among other things, the […]
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Nuclear
You’ve Heard of Offshore Wind; Now, Offshore Nuclear Is a Thing
CORE POWER announced that it and its partners, the MIT Energy Initiative and the Idaho National Laboratory, were granted funding by the U.S. Department of Energy’s (DOE’s) Nuclear Energy University Program (NEUP) for a three-year study into the development of offshore floating nuclear power generation in the U.S. “It is an important step forward for […]