Vol. 18, No. 18 
Private funding key for new nuclear deployment, EnergySec says
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Advanced Nuclear & SMRs
Holtec, Hi Tech and Utah target “nuclear ecosystem” for SMRs
Holtec, Hi Tech Solutions and the state of Utah have recently entered into a memorandum of understanding (MOU) to develop a “nuclear ecosystem” for small reactors in Utah and the broader Mountain West. The initiative includes the deployment of small modular reactors (SMRs) with domestic manufacturing, operational training and workforce development, as stated in Hi […]
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Data Centers & Energy Demand
Google to fund the development of three nuclear units
Elementl Power has signed a strategic agreement with Google on Wednesday to develop three advanced reactors for the technology company. In the agreement, Elementl Power, a nuclear developer based in Washington, D.C, plans to provide at least 600 megawatts for each project, with the option for commercial off-take when completed, as said in the Wednesday […]
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Advanced Nuclear & SMRs
Kairos Power begins Hermes nuclear construction
Kairos Power has completed its first installation of safety-related concrete, kicking off nuclear construction for its Hermes Low-Power Demonstration Reactor in Oak Ridge, Tenn., the company announced Thursday. Under Nuclear Regulatory Commission (NRC) standards, safety-related concrete is designed to withstand certain levels of earthquakes and aftershocks. Last July, the California-based nuclear company broke ground for […]
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Uranium Enrichment & Fuel Cycle
Centrus reports increase in first quarter revenue
Earnings rose at Centrus Energy, based in Bethesda, Maryland, in the first quarter, which the uranium broker and enrichment technology developer attributed to resolved contracts and supply orders. Net earnings for the first quarter ended were $27.2 million, or $1.60 a share, compared to $6.1 million, or $0.38 a share, in the year-ago quarter. Quarterly […]
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Budget & Policy
Fleischmann emphasizes need for nuclear in U.S. energy future
U.S. Rep. Chuck Fleischmann (R-Tenn.) called for more investment in new nuclear power to address the United States and global demand for electricity, in an April 28 opinion piece posted in the Washington Times. “We are at a pivotal moment in energy production that will define our nation and the world for the remainder of […]
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Budget & Policy
Newhouse pushes for nuclear tax credits to stay
U.S. Rep. Dan Newhouse (R-Wash.) is urging House Ways and Means Committee Chair Jason Smith (R-Mo.) to retain tax credits for nuclear energy developments in the reconciliation bill. Federal tax incentives aimed to support investment in and operation of nuclear plants are important to a nuclear resurgence, Newhouse said in a letter sent on May […]
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Reactor Licensing & Regulation
NRC continues review of DOE’s Fort St. Vrain spent fuel license amendment
The Nuclear Regulatory Commission has docketed the Department of Energy’s license amendment application for the Fort St. Vrain independent spent fuel storage installation in Colorado. The NRC published the notice of docketing the amendment Monday in the Federal Register. In September 2024, the DOE submitted an amendment that would modify particular license conditions and technical […]
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Advanced Nuclear & SMRs
Round Up: OPG green-lit to build Canadian SMR; DOE to cap research funding; DOE noms clear Senate panel; Amentum opens Oak Ridge nuke center;
On Thursday, Ontario Power Generation received approval from the Province of Ontario to build its first small modular reactor at the Darlington New Nuclear Site in Clarington, Ontario. With a target date of 2030 for operation, OPG will build its first BWRX-300 SMR at the Darlington site. The company intends to build a fleet of […]