Vol. 19, No. 06 
Dispose of defense high-level waste first, ECA panel says
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Uranium Enrichment & Fuel Cycle
Centrus, Fluor team up for Piketon uranium enrichment plant expansion
Centrus Energy has agreed to a strategic partnership with Fluor, which will serve as engineering, procurement and construction contractor for the planned expansion of an Ohio uranium enrichment plant. The Bethesda, Md.-based Centrus will collaborate with Fluor through subsidiary American Centrifuge Operating, according to its Wednesday press release. The subsidiary operates the American Centrifuge Plant […]
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International
Nuclear power generation set record in 2025, IEA says
Nuclear energy hit a record high in power generation in 2025 and could play a larger role in the world’s power mix going forward, according to a February International Energy Agency report. In the report “Electricity 2026”, published Feb. 6, nuclear power produced 2,850 terawatt-hours (TWh) globally in 2025, indicating a 1.2% increase from 2024 […]
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Budget & Policy
Gallego, Risch introduce nuclear financing bill in Senate
Sens. James Risch (R-Idaho) and Ruben Gallego (D-Ariz.) reintroduced a bill this week to reduce financial risk for new nuclear projects. The 18-page Accelerating Reliable Capacity (ARC) Act establishes a risk reduction program for new reactors by placing safeguards against potential costs through financing terms and a limited federal cost share, according to the senators’ […]
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Advanced Nuclear & SMRs
DOE approves Radiant’s safety analysis for its pilot reactor
The Department of Energy approved the preliminary documented safety analysis for Radiant Nuclear’s Kaleidos demonstration reactor Monday. El Segundo, Calif.-based Radiant becomes the second company to have its safety analysis approved by DOE under its advanced reactor pilot program, with the first being Antares Nuclear. Through the program, DOE has set a goal of at […]
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Uranium Enrichment & Fuel Cycle
Startup company seeks to recycle spent nuclear fuel
A new nuclear technology company, Project Omega, said this week it will focus on developing nuclear fuel recycling technology. The Rhode Island-based private company said it will develop and deploy “cutting edge technologies and processes to recycle spent nuclear fuel into long-duration, high-density power sources, and critical materials for the nuclear industry,” according to the […]
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International
U.S., Armenia sign nuclear energy deal
The United States and Armenia signed an agreement to collaborate in civil nuclear power Monday. Within the deal, it will allow up to $5 billion in U.S. exports to Armenia and an additional $4 billion in longer-term fuel and maintenance contracts, Vice President J.D. Vance said during the Monday press conference. The agreement is also […]
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Contracts & Procurement
Amentum reports mixed earnings; CEO bullish on nuclear
Earnings rose at Amentum, Chantilly, Va., in its first quarter, which the international engineering and technology company attributed to surging interest in nuclear both to power the grid and to support space exploration. Net earnings for the first quarter of fiscal 2026 ended Jan. 2 were $44 million, or $0.18 a share, up from $12 […]
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Uranium Enrichment & Fuel Cycle
Five companies tapped for DOE nuclear fuel recycling awards
The Department of Energy has awarded over $19 million to five nuclear companies to research and develop fuel recycling technology for spent nuclear fuel. According to DOE’s Feb. 5 press release, the five selected companies were: Chicago-based Alpha Nur will research and validate a process that recovers highly enriched uranium from used fuel by domestic […]
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Contracts & Procurement
Centrus earnings dip in fourth quarter
Earnings fell at Centrus Energy, Bethesda, Md., in the fourth quarter, which the uranium broker attributed to the decreased revenue from its uranium sector. Net earnings for the fourth quarter ended Dec. 31 were $17.8 million, or $0.79 a share, down from $53.7 million, or $3.20 a share, in the year-ago quarter. Quarterly revenue was […]
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Reactor Licensing & Regulation
NRC dockets Duke’s Belews Creek early site permit application
The Nuclear Regulatory Commission has accepted Duke Energy’s early site permit application for the Belews Creek Station near Stokes County, N.C. NRC staff found that the application contains enough information for the agency to formally docket the case and begin its detailed technical reviews, according to its press release. Docketing the application does not mean […]
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Uranium Enrichment & Fuel Cycle
BWXT cites progress on TRISO fuel production for Antares
BWX Technologies said it has made “significant progress” in the production of tri-structural isotropic (TRISO) for Antares Nuclear and is on track to have it completed by the July 4 deadline. Antares is one of 10 companies that were selected for DOE’s advanced reactor pilot program. The program seeks to have at least three reactors […]
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Contracts & Procurement
Amentum signs new UK nuclear contracts
Électricité de France (EDF) recently awarded Virginia-based Amentum a handful of new nuclear services contracts valued at roughly $730 million (£540 million). Under these contracts, Amentum will be expanding the critical solutions for the United Kingdom’s current nuclear reactor fleet, in addition to the construction of a new gigawatt power station at Hinkley Point, according […]
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National Laboratories
Round Up: DOE approves Valar Atomics PDSA; DOE to its digitalize national labs; NuScale, ORNL team up for AI-based fuel management; BWXT promotes Bender to chief digital officer
The Department of Energy has approved the preliminary documented safety analysis for Hawthorne, Calif.-based nuclear company Valar Atomics’s demonstration reactor Thursday. The announcement of the completed safety analysis was made by DOE Idaho Operations Manager Robert Boston in a Friday LinkedIn post. Valar becomes the third demonstration reactor under DOE’s pilot reactor program to get […]