Publications: Nuclear Energy & Radwaste Monitor

Earnings rose at NuScale Power, Corvallis, Ore., in the first quarter, which the small modular reactor developer attributed in part to a technical license agreement for the RoPower Dolcești power plant. Revenue for the first quarter ended at  $13.4 million up from $1.4 million in the first quarter in 2024. NuScale had a net loss […]

The Nuclear Regulatory Commission staff this week outlined efforts underway to expedite its licensing for fuel facilities and spent fuel storage facilities at its commission meeting in Rockville, Maryland. Since April 2024, the NRC has completed 30 fuel licensing actions. The agency’s staff said Tuesday it currently has 20 fuel licensing actions and expects 63 […]

Canada’s Nuclear Waste Management Organization has announced a multi-contractor team, including WSP Canada, to design the deep underground spent fuel repository planned for Ontario. In a Monday press release, the Nuclear Waste Management Organization (NWMO) said it has chosen a team of WSP Canada, Peter Kiewit Sons, Hatch Ltd., Thyssen Mining Construction of Canada Ltd. […]

Nuclear Regulatory Commission Chair David Wright’s term with the agency is set to end on June 30. As of 1:30 p.m. on Wednesday, the White House had not announced plans to renominate Wright. Wright was originally sworn in as a commissioner for the NRC on May 30, 2018. He was appointed by president Donald Trump […]

Ontario Power Generation has awarded Aecon Kiewit Nuclear Partners a construction contract for the Darlington New Nuclear project in Clarington, Ontario. Aecon, a Canadian construction company, announced a press release.May 8 that its partnership with Kiewit Nuclear Canada, was awarded the alliance construction contract. Aecon said its share of the contract is worth $1.3 billion […]

South Carolina Gov. Henry McMaster (R) recently wrote a letter to his state’s Congressional delegation urging them to extend tax credit and loan programs for nuclear energy developments. In the May 9 letter, McMaster wrote that South Carolina is working to usher in its “nuclear renaissance” to address its and the country’s need for energy. […]

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 […]

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 […]

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 […]

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 […]

WASHINGTON – Advanced nuclear reactor development will be driven by private funding with the help of federal money, Secretary of Energy Chris Wright said this week.  Wright spoke before the House Appropriations Energy and Water subcommittee on Wednesday about the Department of Energy’s budget request highlighted in the fiscal year 2026 “skinny” budget. The skinny […]

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 […]

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 […]

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 […]

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 […]

The Department of Energy has awarded a contract up to $74.8 million to a women-owned small business in Richland, Wash. to provide professional support services at the DOE’s Oak Ridge, Tenn. nuclear environmental cleanup site. The DOE’s Office of Environmental Management (EM) announced the contract with the company, Independent Strategic Management Solutions, Inc. (ISMSolutions), in […]

The Donald Trump administration released the fiscal 2026 budget proposal and topline discretionary funding request Friday, calling for a 13% increase in defense spending and a 22.6% decrease in non-defense spending. The request, obtained by the Exchange Monitor, said the Department of Defense would “re-establish deterrence” in coordination with Trump’s “peace through strength” agenda. The […]

The Nuclear Regulatory Commission’s Atomic Safety and Licensing Board will hear oral arguments May 15 on an amended petition by several organizations opposing the staff environmental assessment for restart of the Palisades Nuclear Plant in Michigan.  Joint petitioners Beyond Nuclear, Don’t Waste Michigan, Michigan Safe Energy Future, Three Mile Island Alert and Nuclear Energy Information […]

The Department of Energy and Idaho Gov. Brad Little (R) announced late Tuesday they have agreed to a “targeted waiver” of certain aspects of a 1995 settlement agreement designed to expedite removal of old spent nuclear fuel from Idaho National Laboratory. The agreement, which was later modified in 2019, calls for removal of most spent […]

Washington D.C. – President Donald Trump’s nominee for assistant secretary of energy for nuclear energy said Wednesday if confirmed he intends to focus on deployment of advanced reactors and addressing waste storage. Nominee Thedore (Ted) Garrish, who previously served in the role in the late 1980s, said in his prepared statement to the Senate Energy […]

During the first 100 days of President Donald Trump’s second term he has moved aggressively to reduce the federal workforce and the Department of Energy’s nuclear weapons complex has not been immune. Trump’s second term, which started Jan. 20, hit the 100-day mark this week on April 30.  A document shared with Exchange Monitor in […]

Earnings fell at Fluor, Irving, Texas, in the first quarter, which the engineering and construction company that serves the Department of Energy and other federal clients attributed mostly to its non-government work. Net earnings for the first quarter ended March 31 reflected a loss of $241 million, or $1.42 a share, down from earnings of […]

Tennessee Valley Authority CEO Don Moul said the organization has recently submitted an environmental report to the Nuclear Regulatory Commission, as part of its construction permit application for a small modular reactor at the Clinch River site in Oak Ridge, Tenn. Moul was appointed TVA CEO April 9 replacing Jeff Lyash who retired.  Moul said […]

Arizona Gov. Katie Hobbs (D) recently vetoed a bill that would have removed some of the oversight and regulations for small modular reactor deployment in Arizona. House Bill 2774, sponsored by state House Rep. Michael Carbone (R), would have permitted large industrial energy users to build an SMR in their facility without having a certificate […]

The Nuclear Company announced last week it is opening a primary engineering and construction office in Columbia, S.C. The private new nuclear deployment company is pursuing a “design once, build many” approach to accelerate deployment of a new fleet of nuclear energy units. The company took the approach as a response to the United States’s […]

Eric Epstein, who has previously served as the chairman of Three Mile Island Alert, has filed a petition opposing the proposed name change for Three Mile Island Unit-1 to “Christopher M. Crane Clean Energy Center”. In the petition, filed on April 18, Epstein requested a hearing to challenge the name change as he claimed the […]

The story “DOE’s consent based siting consortia federal manager steps down” [Radwaste & Materials Monitor, April 18, 2025] should have said that Vincent Ialenti was the federal manager of DOE’s consent based siting consortia. Marla Morales is the director of the DOE’s consent based siting program.