KAIROS POWER JOINS WITH BRUCE POWER, CONSTELLATION, SOUTHERN COMPANY AND TVA TO FORM ADVANCED NUCLEAR DEVELOPMENT CONSORTIUM ALAMEDA, Calif. – April 20, 2022 – Kairos Power has assembled leading North American utilities and generating companies to launch an advanced nuclear development consortium named Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA) to advance the development of the company’s advanced fluoride salt-cooled high-temperature reactor (KP-FHR) technology. Current member corporations include:...
“Our team has been working on this application for over three years, putting our all into this process to ensure we meet each and every requirement associated with operating a HALEU and TRistructural ISOtropic (TRISO) based fuel facility, from receipt of incoming uranium to processing and shipping of final product fuel elements,” said Dr. Pete Pappano, President of TRISO-X. “In the end, it all came together in a series of documents that we’ve submitted to the NRC, with a great amount of pride.”...
NuScale Power, LLC (“NuScale” or the “Company”), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”) technology, and Spring Valley Acquisition Corp. (NASDAQ: SV, SVSVW) (“Spring Valley”), a publicly traded special purpose acquisition company, today announced that Nucor Corporation (NYSE: NUE) (“Nucor”) has committed to a $15 million private investment in public equity (“PIPE”) in furtherance of the NuScale-Spring Valley business combination. This increases the total PIPE commitment for this transaction to $236 million...
GSE Systems, Inc. (“GSE Solutions” or “GSE” or the “Company”) (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, recently signed several follow-on agreements with nuclear utility clients, reinforcing GSE’s role as a valuable partner for those navigating the zero carbon energy landscape...
On March 9, 2022, the U.S. Department of Energy (DOE) approved Part I of Holtec International’s loan application for building small modular reactors (SMRs) and invited the company to apply for a federal loan to help build four SMR-160s and to expand the company’s manufacturing capacity to build the first wave of nuclear reactors in large numbers...
TerraPower and Southern Company recently finalized a subrecipient agreement to design, construct and operate the Molten Chloride Reactor Experiment (MCRE) – the world’s first critical fast-spectrum salt reactor – at Idaho National Laboratory (INL)...
Oklo Inc. and Argonne National Laboratory (Argonne) have signed an agreement to formalize both parties’ commitment to commercializing advanced fuel recycling technology. The partnership is an outcome of a cost-share project awarded by the U.S. Department of Energy (DOE) Technology Commercialization Fund (TCF), authorized in the Energy Policy Act of 2005. The TCF is a nearly $30 million funding opportunity that leverages R&D funding in the applied energy programs to mature promising energy technologies with the potential for high impact...
TerraPower today announced that it has signed a memorandum of understanding with the Japan Atomic Energy Agency (JAEA), Mitsubishi Heavy Industries and Mitsubishi FBR Systems to share data and resources related to the development of advanced sodium fast reactor (SFR) technology...
GSE Systems, Inc. (“GSE Solutions” or “GSE” or the “Company”) (Nasdaq: GVP) a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, is proud to announce that our long standing 10-year relationship with NuScale Power has resulted in the delivery of their three Energy Exploration (E2) Centers which employ GSE Solutions’ state-of-the-art simulation technology...
BWX Technologies, Inc. (NYSE: BWXT) has reached a critical milestone in the nation’s pursuit of space nuclear propulsion by delivering coated reactor fuels to NASA in support of its space nuclear propulsion project within the agency’s Space Technology Mission Directorate...
The Nuclear Regulatory Commission (NRC) approved the transfer of the Palisades Power Plant to Holtec International after the facility permanently shuts down in the spring of 2022. The approval also allows the transfer of Entergy’s decommissioned Big Rock Point facility near Charlevoix, Michigan, where only the Independent Spent Fuel Storage Installation (ISFSI) remains. The NRC review confirmed that Holtec met the regulatory, legal, technical and financial requirements to merit qualification as the successor licensee of the plant...
Wilmington, Delaware (Monday, December 6, 2021) – Moltex Energy is delighted to join the United States Nuclear Industry Council (USNIC), the leading U.S. business advocate for advanced nuclear energy. Moltex is equally pleased to share its crowdfunding success story during USNIC’s New Nuclear Capital event on December 8-9 (NNC2021)...
The U.S. Nuclear Industry Council (USNIC) has released the joint USNIC and Nuclear Energy Institute (NEI) November 5, 2021 submission to the Nuclear Regulatory Commission (NRC), which provides Comprehensive Industry Comments on NRC’s Rulemaking on “Risk-Informed, Technology-Inclusive Regulatory Framework for Advanced Reactors (RIN-3150-AK31; NRC-2019-0062)” (better known as Part 53).
WATCH: C3 Solutions interview with Bud Albright, CEO at the U.S. Nuclear Industry Council. He is the former Under Secretary of the U.S. Department of Energy. In that role, as the third most senior official at DOE, he provided leadership for energy and environment programs, including: energy research and development; demonstration and deployment; environmental cleanup; legacy management and radioactive waste management, all with a total budget of nearly $15 billion. Albright was appointed by President Bush and was unanimously confirmed by the U.S. Senate. To celebrate National Nuclear Science Week, we are interviewing 4 top experts in the field. Tune in for this one and check out our schedule for the others!
The United States Nuclear Industry Council (USNIC) writes Congressional leaders in support of America’s efforts to maintain progress and regain a leading role in the deployment and use of clean, safe, and efficient nuclear power.
The U.S. Nuclear Industry Council (USNIC) has released the results of its 2021 Advanced Nuclear Survey of advanced nuclear developers and presented them at the U.S. Nuclear Regulatory Commission (NRC) Advanced Reactor Stakeholders meeting on 26 August 2021. USNIC President and CEO Bud Albright recognized, “This represents a comprehensive survey that addresses a wide range of issues important to U.S. advanced nuclear developers, and demonstrates USNIC’s role to gather and present relevant information for government decision makers and industry.”
Washington, DC – The United States Nuclear Industry Council (USNIC) announced today that it is expanding its focus within the U.S. government to support the nuclear industry’s intergovernmental coordination for deployment of micro and small modular nuclear reactors...
Today the U.S. Nuclear Industry Council submitted a letter to President Biden on the importance of having a full complement of commissioners at the U.S. Nuclear Regulatory Commission (NRC) is to the U.S. Nuclear Industry.
The U.S. Department of Energy (DOE) recently released its Fiscal Year 2022 (FY22) Congressional Budget request which seeks a record $1.8 billion for the Office of Nuclear Energy (NE). This is a historic level of commitment by the Biden-Harris Administration and it clearly recognizes the important role our current nuclear fleet and future reactors will play in combating the climate crisis, creating clean energy jobs with the free and fair choice to join a union, and growing America’s economy through innovative science and technology.
TerraPower recently announced plans to build its Natrium reactor at a retiring coal plant in Wyoming... The U.S. Department of Energy is extremely excited about this project and is investing nearly $2 billion to support the licensing, construction and demonstration of this first-of-a-kind reactor by 2028.
New Monthly Internet TV Series to Feature Nuclear Industry Professionals Discussing Advanced Nuclear Technology to Include Topics Ranging from Small Modular Reactors (SMR’s) to new State-of-the Art Applications
The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep existing nuclear facilities from closing, bending to the reality that it needs these plants to meet U.S. climate goals, three sources familiar with the discussions told Reuters.
