Institutional investor BNF Capital has taken a 10.7 percent stake in Lightbridge Corporation, which is developing fuel for small modular reactors and existing light water reactors. BNF Capital is based in London, U.K. Lightbridge is located in Reston, Va.
Argonne investigates industrial SMR applications for postwar Ukraine
Argonne National Laboratory will play a leading role in planning and rebuilding a nuclear-generated clean energy infrastructure for postwar Ukraine as part of the lab’s focus on developing...
DOE to award $900 million for milestone-based SMR deployment projects
Yesterday morning as Amazon, X-energy, Energy Northwest, and Dominion Energy were sharing a spotlight celebrating their investment in X-energy’s high-temperature gas-cooled reactor...
American Nuclear Society applauds Google's and Amazon's investments in nuclear
ANS CEO Craig Piercy welcomes tech industry's plans to build nuclear energy projects
Washington, D.C. — Craig Piercy, CEO of the American Nuclear Society (ANS), issued the following statement:"The American Nuclear Society applauds the announced partnerships between Google...
White paper argues for SMRs over renewables for data centers
A white paper produced by Schneider Electric makes the case for using small modular reactors to meet the energy challenges of the data center sector. “Small Modular Nuclear Reactors...
Modeling physical security can help lower costs for nuclear power plants
Today’s nuclear power plants are the nation’s largest source of carbon-free energy, but they come with high operating and maintenance costs.Competition from other sources, especially...
IAEA’s updated Milestones for nuclear-curious nations include a focus on SMRs
The IAEA’s Milestones in the Development of a National Infrastructure for Nuclear Power was last revised back in 2015. Now, about nine years later and amid a resurgence of interest in...
General Atomics’ silicon carbide composite cladding is put to the test
Because of its hardness and its hardiness in the face of high temperatures, silicon carbide has been used for industrial purposes for decades. It has proven its worth as a key component of...
With $3.4 billion to spend, the DOE opens RFP for low-enriched uranium
The Department of Energy released an anticipated request for proposals on June 27 for low-enriched uranium enrichment. “Today’s action will help spur the safe and responsible build-out of...
TerraPower breaks ground on SMR project in Wyoming
A ceremony in Wyoming yesterday marked the official start of construction of TerraPower’s planned Natrium reactor demonstration project.While currently awaiting final review from the U.S....
NRC accepts TerraPower’s SMR construction permit
The U.S. Nuclear Regulatory Commission has formally accepted TerraPower’s small modular reactor construction permit application and is scheduling it for review.The company’s Natrium...
