Vol. 19, No. 43 
Legislation to remove Yucca Mtn. barrier to nuclear lifecycle plans might wait until new Congress, Fleischmann says
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Budget & Policy
House passes all six nuclear bills, Senate action awaits
The House of Representatives passed all six nuclear energy-related bills this week that address varying facets of the nuclear fuel cycle in an effort to streamline licensing and construct more nuclear capacity. On the first day back following the midterm election, six nuclear energy bills hit the House floor after advancing out of the House […]
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Reactor Licensing & Regulation
NRC issues construction permit for X-energy’s Texas SMR project
After completing X-energy’s environmental review in late October, the Nuclear Regulatory Commission issued the advanced reactor company a construction permit for its four small modular reactor (SMR) project in Texas. This licensing action marks the first time in over 50 years a high-temperature gas-cooled reactor has won a construction permit, according to X-energy’s Monday press […]
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Advanced Nuclear & SMRs
OPG pushes back operation target date for first Darlington SMR
The first North American-based small modular reactor (SMR) could take longer and cost more than earlier projected, Ontario Power Generation (OPG) reported this week. The Canadian company reported in its third quarter earnings results that Unit 1 of the Darlington New Nuclear Project is no longer expected to be in commercial operation by October 2030, […]
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News & Analysis
DOE ‘s $17.5 billion loan program, prioritizes big reactors, Kozeracki says
New developments in the Department of Energy’s $17.5 billion nuclear supply chain loans could be announced over the next few months, DOE’s Julie Kozeracki said at a Tuesday industry event. Kozeracki, acting chief investment officer at DOE’s Office of Energy Dominance Financing, addressed the U.S. Nuclear Industry Council’s New Nuclear Capital gathering in New York […]
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News & Analysis
GOP mainstay Fleischmann suggests nuclear advocates befriend new Democrats in Congress
Rep. Chuck Fleischmann (R-Tenn.) urged industry members at a Tuesday event to engage with Congress following the midterm elections to continue domestic nuclear power’s current momentum. Fleischmann told the U.S. Nuclear Industry Council’s New Nuclear Capital event in New York City that nuclear power has gained bipartisan support in Congress over time and can continue […]
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Contracts & Procurement
Oklo provides nuclear fuel supply chain business updates
Santa Clara, Calif-based nuclear company Oklo signed a nuclear fuel deal with Centrus Energy and began the research and demonstration phase of its isotope test reactor this week. Centrus HALEU Fuel Supply Deal On Thursday, Oklo signed multiple multi-year contracts with Centrus for high-assay low-enriched uranium (HALEU). According to the press release, the deals formalize […]
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Budget & Policy
Canada plans to invest C$518 million in national nuclear strategy
The Canadian government proposes to spend C$518.5 million (US $367 million) over the next five years to grow its nuclear power output as a part of its Nuclear Energy Strategy. On Nov. 5, Canada released its proposed 2026 federal budget that covers its 2026-2027 fiscal year and outlines several multi-year funding projections and trends. Canada’s […]
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News & Analysis
TVA board quorum could lapse come January 2027
The Tennessee Valley Authority (TVA) Board of Directors meeting scheduled for Tuesday could be the panel’s last meeting with a voting quorum for a while as two members’ face a ticking clock. TVA members Arthur Graham and Bobby Klein’s terms officially expired on May 18, but still serve on the board until the new congressional […]
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News & Analysis
Westinghouse hires Abeyaratne as chief commercial officer
Westinghouse has hired Dayan Abeyaratne to become the company’s chief commercial officer, succeeding Jacques Besnainou. Besnainou will move to an executive advisor role in a corresponding move. In Abeyaratne’s new position of chief commercial officer, he will lead Westinghouse’s “global new plant dealmaking and strategic external affairs,” according to the company’s Monday press release. Abeyaratne […]
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News & Analysis
Editor’s note: Did you get the email?
Hopefully, readers won’t notice any difference but Exchange Monitor Publications was affected by that big Microsoft Outlook outage on Thursday. The outage, sandwiched between Veterans Day on Wednesday and Friday the 13th, made for an interesting week. Our information technology folks informed us early Friday that our email traffic was resuming. That said, if you […]
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News & Analysis
Round Up: DOE’s NRIC, Purdue University to collaborate on advanced construction; BWXT completes facility expansion; Startup Project Omega raises $80 million; DOE’s Office of Science awards $8.5 million for fusion projects
The Department of Energy’s National Reactor Innovation Center (NRIC) and Purdue University’s Applied Research Institute have agreed to work together on new technologies aimed at lowering construction costs. The collaboration will take place under NRIC’s Advanced Construction Technology Initiative, a program designed to demonstrate advanced reactor construction technologies and techniques, according to DOE’s Nov. 5 […]