Publications: Nuclear Energy & Radwaste Monitor

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.  

President Donald Trump has nominated several officials to lead key Department of Energy branches serving nuclear energy and the weapons complex, and some are making progress through the confirmation process.  The nominees would report to the already confirmed Secretary of Energy Chris Wright. Exchange Monitor will update the nominees’ progress from time to time. James […]

The Tennessee Valley Authority plans to submit a construction permit application to the Nuclear Regulatory Commission for a small modular reactor at the Clinch River nuclear site in Oak Ridge, Tenn. by June 2025. The Tennessee Valley Authority (TVA) informed the Nuclear Regulatory Commission (NRC) in an April 17 letter of notification of intent. TVA […]

WASHINGTON, D.C. – Christopher Hanson, commissioner for the Nuclear Regulatory Commission, said Monday he does not know where the future of the agency stands under the current Donald Trump administration, the executive order threatening diluting power, and the current lawsuit against the agency. “I don’t know,” Hanson said with a laugh in answer to a […]

Sam Altman, co-founder and chief executive officer of OpenAI, is stepping down as chairman of the board of nuclear power company Oklo, according to a company statement Wednesday. Jacob DeWitte, Oklo CEO and co-founder, will serve as chairman and board member in Altman’s place. “As Oklo explores strategic partnerships to deploy clean energy at scale, […]

White House director of the office of science and technology policy Michael Kratsios has called for a restoration in American Innovation in the science and technology industry. Kratsios, who was confirmed by the Senate in March, recently spoke at the Endless Frontiers Retreat in Austin, Texas on April 14. In his first public statement since […]

The Department of Energy said on Tuesday it is awarding Holtec its third loan reimbursement worth $46.7 million to support the company’s efforts to restart the Palisades nuclear plant. The loan comes as another installment of the DOE’s $1.52 billion loan guarantee for the restart of Palisades, an 800 megawatt plant in Michigan. Last month, […]

Uranium Energy Corp ( CEO, founder and president Amir Adnani has been appointed to the World Nuclear Association’s Board of Management. “It’s an honor to join the WNA [World Nuclear Association] Board of Management at such a pivotal time for our industry,” Adnani stated in a Uranium Energy Corp (UEC) press release from April 17. […]

TerraPower has taken its first steps in the regulatory process for its advanced nuclear reactor in the United Kingdom. TerraPower, backed by Microsoft co-founder Bill Gates, announced in an April 16 press release that it has submitted a letter to the U.K. Department of Energy Security and Net Zero establishing its intention to enter the […]

Orano USA and Curio announced on April 9 to have agreed to a Memorandum of Understanding (MOU) to partner up to create a new pathway in advanced nuclear fuel management. Orano USA, based in Maryland, and Curio, based in Washington D.C., both specialize in nuclear technology centered around nuclear waste management.  Through the MOU, Orano […]

House Democratic leaders of the Energy and Commerce committee demanded answers from Secretary of Energy Chris Wright on the effects of mass firing at DOE. The letter, released April 14, was signed by full committee ranking member Frank Pallone, Jr. (D-N.J.), Energy subcommittee ranking member Kathy Castor (D-Fla.), and Oversight and Investigations subcommittee ranking member […]

EnergySolutions announced in a Tuesday press release it was awarded two government contracts that assist in nuclear waste management across prominent Naval sites in the United States. The Utah-based nuclear company was awarded new U.S. Navy Indefinite Delivery Indefinite Quantity (IDIQ) contracts that support waste management operations across numerous Naval Nuclear Propulsion Program sites. IDIQ […]