Vol. 19, No. 18 
Mammoth nuclear investment needed for U.S. goal of 400 GW by 2050, McKinsey says
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Advanced Nuclear & SMRs
NRC looks at microreactor spent fuel transportation process
ROCKVILLE, Md. – As the Nuclear Regulatory Commission (NRC) moves toward a risk-informed approach across the agency, the agency began to examine its approach to transporting incoming microreactor technology at its Thursday meeting. During the meeting, the commission and high-level NRC management discussed the transportation of microreactors and their used fuel en route to refueling […]
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Advanced Nuclear & SMRs
California lawmakers backtrack on removing state nuclear ban
California state lawmakers have recently pivoted from ending the state’s nuclear moratorium to instead conducting a study on the potential role of advanced reactors to meet state’s clean energy goals. The shifting of the bill, AB 2647, to a study came after the author of the bill, California Assembly Member Lisa Calderon (D), office received […]
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Uranium Enrichment & Fuel Cycle
NRC gives Framatome greenlight to expand uranium enrichment in Washington state
The Nuclear Regulatory Commission approved Framatome’s license amendment Wednesday to fabricate higher-enriched uranium at the company’s Richland, Wash.-based facility, which is adjacent to the Department of Energy’s Hanford Site. This regulatory approval allows for Framatome to enrich uranium higher than 5% specifically at the Richland facility, which has been in operation since 1969. Manufacturing at […]
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Advanced Nuclear & SMRs
GE Vernova, Blue Energy plan gas-plus-nuclear plant
GE Vernova and nuclear startup company Blue Energy have agreed to work together to bring a 2,500-megawatt gas and nuclear power plant to Texas. Blue Energy, founded in 2023, said in its Tuesday press release the gas and nuclear hybrid power plant could be a new near-term approach to help meet projected growing energy demands […]
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Advanced Nuclear & SMRs
NRC to review Radiant’s R-50 microreactor factory application
Radiant Nuclear’s application for its R-50 production facility in Oak Ridge, Tenn. has been accepted for review by the Nuclear Regulatory Commission (NRC), the company said this week. El Segundo, Calif.-based Radiant’s Title 10 Code of Federal Regulations Part 70 – 10 CFR Part 70 – license application review will be on an accelerated timeline […]
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Uranium Enrichment & Fuel Cycle
Centrus sees mixed first quarter earnings to start off 2026
Earnings fell for Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]
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Recommissioning & Restarts
Brookfield, Nuclear Company’s new joint venture to lead V.C. Summer project
Brookfield and Columbia, S.C.-based The Nuclear Company formed a new company to fulfill the role as project manager for the completion of Units 2 and 3 of Virgil C. Summer Nuclear Plant in Fairfield County, S.C. The company will combine Brookfield’s global assessment management and energy infrastructure development abilities with The Nuclear Company’s nuclear project […]
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Data Centers & Energy Demand
Fermi America denies former CEO’s special meeting for shareholders
Tempers continue to flare between Fermi America and Toby Neugebauer as the company has rejected the former CEO’s call for a special meeting for shareholders, calling it invalid earlier this week. On Tuesday, Neugebauer, who is also the co-founder of Fermi, called for a special meeting on May 29. According to Neugebauer’s statement, the special […]
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Contracts & Procurement
Fluor earnings rise, revenue down in first quarter 2026
Earnings rose at Fluor, Irving, Texas, in the first quarter, which the international engineering and construction company attributed to awards in nuclear and other sectors. Net earnings attributable to Fluor for the quarter ended March 31 were $160 million or $1.08 a share up from a $241 million loss, or a $1.42 loss per share […]
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Advanced Nuclear & SMRs
Sister utilities in Kentucky team up with X-Energy to explore SMR deployment
Louisville Gas and Electric Company and Kentucky Utilities have entered into an agreement with Rockville, Md.-based X-Energy to explore building X-Energy’s small modular reactors in the Bluegrass State. The three companies have already started early project feasibility work and will explore ways for using X-Energy’s Xe-100 SMR deployments to support Kentucky’s long -term energy goals, […]
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International
Canada to release new nuclear strategy this year
The Canadian government plans to unveil a new energy strategy centered around bolstering its domestic nuclear industry, according to an April 29 press release. The new plan, Nuclear Energy Strategy for Canada, will be released by the end of this year. Canada’s Minister of Energy and Natural Resources Tim Hodgson made the announcement during the […]
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Contracts & Procurement
Westinghouse selects Poirier to lead global operating plants business
Westinghouse has hired Gaby Poirier to become the president of the company’s global operating plants business unit. Poirier comes from the global aluminum producer Alcoa, where he oversaw its Northern American operations and served as president of Alcoa Canada, according to Westinghouse’s Tuesday press release. In Poirier’s new role with Westinghouse, he will lead the […]
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Advanced Nuclear & SMRs
Round Up: DOE approves Aalo’s safety analysis; NRC OKs Oklo’s topical report; U.S.-U.K. companies collaborate on fusion plant and more
The Department of Energy Idaho Operations Office approved Aalo Atomics documented safety analysis for the company’s Aalo-X critical test reactor April 30, the company said Tuesday. This approval under DOE’s authorization for the reactor pilot program puts Aalo into its final pre-operational phase, the operational readiness review, Aalo said. The Austin, Texas-based microreactor developer joins […]