As evidenced by the well-attended Climate Week NYC, there is a growing awareness that nuclear energy must be incorporated into national energy strategies if net-zero goals are to be achieved. In recent years, green bonds have found solid footing in the world of energy finance. These eco-friendly issuances have evolved from supporting just wind and solar projects and are increasingly being used to power much-needed growth in the civil nuclear sector. Green bonds that have been issued over the past several years in Canada, France, Finland, and the United States are now being used to support investment in nuclear projects, from breathing new life into old reactors to in certain instances supporting nuclear new build projects. However, a question remains: Can this liquidity be deployed where and when it is needed most—to support ambitious new nuclear project buildouts?

BWX Technologies announced today plans to expand and add advanced manufacturing equipment to its manufacturing plant in Cambridge, Ontario, Canada.

A $36.3 million USD ($50M CAD) expansion will increase the plant’s size by 25 percent—to 280,000 square feet—and another $21.7 million USD ($30M CAD) will be spent on new equipment to increase and accelerate its output of large nuclear components. The investment will increase capacity and create more than 200 long-term jobs for skilled workers, engineers, and support staff, according to the company.

At the World Nuclear Exhibition in Paris this week, Ontario Power Generation announced contracts with Canadian, French, and U.S. companies to ensure a fuel supply for the first of four GE Hitachi Nuclear Energy BWRX-300 small modular reactors planned for deployment at OPG’s Darlington nuclear power plant.

Westinghouse Electric Company and Ontario Power Generation have signed a memorandum of understanding establishing a framework to identify potential areas of cooperation for the deployment of nuclear technologies in Canada, the companies jointly announced this morning. (While based in Cranberry Township, Pa., Westinghouse is owned by Canadian firms Brookfield Asset Management and Cameco.)

Dustin Duncan, Saskatchewan’s minister responsible for SaskPower (from left), and Todd Smith, Ontario’s minister of energy, at the master services agreement announcement in Regina, Saskatchewan. (Photo: OPG)

Ontario Power Generation and its Laurentis Energy Partners (LEP) subsidiary have announced details of a master services agreement with SaskPower to further Saskatchewan’s plans for small modular reactor deployment.

The agreement, announced on November 20, runs for up to five years and serves as a foundation for a long-term strategic partnership to streamline SMR development in the province. LEP is tasked in the agreement with program management, licensing, and operational readiness activities.

In response to Ontario’s ambitious nuclear development plans—including the plan by Ontario Power Generation to construct four small modular reactors at its Darlington nuclear site—Celeros Flow Technology has committed to expanding its Burlington, Ontario, facility to make it the first Ontario-based manufacturer of nuclear-qualified pumps, OPG announced last week.

This past January, Wilmington, N.C.–based GE Hitachi Nuclear Energy and Canadian firms Ontario Power Generation, SNC-Lavalin, and Aecon signed a contract for the deployment of the American firm’s BWRX-300 small modular reactor at OPG’s Darlington nuclear plant in Clarington, Ontario.

Ontario Power Generation (OPG) subsidiary Laurentis Energy Partners has opened, in partnership with EnergySolutions Canada, a new 42,000-square-foot facility in Kincardine, Ontario, that will minimize waste associated with nuclear energy generation in the Canadian province, the company announced this week.

Ontario Power Generation has achieved another milestone in its massive Darlington nuclear plant refurbishment project, and in rather impressive fashion: The Unit 3 CANDU reactor has been reconnected to Ontario’s electricity grid 169 days ahead of schedule, according to a July 18 OPG media release.

Tennessee Gov. Bill Lee has announced appointments to his Tennessee Nuclear Energy Advisory Council, established recently via executive order to help position the Volunteer State as a national leader in nuclear innovation.

If we’re in a new nuclear renaissance, its capital would appear to be Ontario. On July 7, just two days after debuting a collaboration with Bruce Power to build up to 4.8 GW of new nuclear generation at the Bruce plant, the government of Ontario announced that it is working with Ontario Power Generation to begin planning and licensing for the deployment of three additional GE Hitachi Nuclear Energy (GEH) BWRX-300 small modular reactors at that utility’s Darlington site.

The government of Ontario announced Wednesday that it is starting predevelopment work with Bruce Power—operator of the eight-unit Bruce nuclear plant—to site the first large-scale nuclear build in Canada in more than thirty years.

Ontario Power Generation—owner and operator of Canada’s Darlington and Pickering nuclear plants—and Poland’s ORLEN Synthos Green Energy (OSGE) have signed a letter of intent (LOI) that builds on the companies’ existing cooperation on the deployment of small modular reactors in Europe, OPG announced last week.

Lee

In his latest effort to promote the growth of nuclear energy in his state, Tennessee Gov. Bill Lee signed an executive order on Tuesday to establish the Tennessee Nuclear Energy Advisory Council.

“Tennessee is ready-made to lead America’s energy independence and drive continued economic growth with safe, clean, and reliable nuclear energy for the future,” Lee said at a news conference held at the University of Tennessee’s Knoxville campus to publicize the document. “Today, I’m signing an executive order that will continue our work to make Tennessee the number-one state for nuclear energy companies to invest and thrive, bringing greater opportunity and quality jobs for Tennesseans.”

Atomic Energy of Canada Limited (AECL), Canadian Nuclear Laboratories (CNL), and Global First Power (GFP) have announced plans to site a gas-cooled microreactor where a staff parking lot now sits on the campus of Chalk River Laboratories in Ontario.

Canada’s Bruce Power, operator of Ontario’s eight-unit Bruce nuclear power plant, has announced the issuance of C$600 million (about $446.3 million) in green bonds in support of the company’s net-zero-by-2027 goal. (Investopedia defines green bonds as fixed-income instruments specifically earmarked to raise money for environmentally friendly projects.)

“I’m glad you came to our party!” said GE Hitachi Nuclear Energy (GEH) chief nuclear officer Nicole Holmes as she prepared to announce that Wilmington, N.C.–based GEH will develop a standard design for its BWRX-300 boiling water small modular reactor with not one but three power producers representing three countries: Tennessee Valley Authority (TVA), Ontario Power Generation (OPG), and Synthos Green Energy (SGE). Celebration was a theme throughout the March 23 event held in Washington, D.C., which was flush with dignitaries representing the United States, Canada, and Poland.

GE Hitachi Nuclear Energy’s (GEH’s) BWRX-300 technology has completed phases 1 and 2 of the Canadian Nuclear Safety Commission’s vendor design review (VDR) process, the Wilmington, N.C.–based company announced yesterday.

Wilmington, N.C.–based GE Hitachi Nuclear Energy and Canadian firms Ontario Power Generation, SNC-Lavalin, and Aecon announced this morning the signing of a contract for the deployment of a BWRX-300 small modular reactor at OPG’s Darlington nuclear site in Canada. According to the announcement, it is the first commercial contract for a grid-scale SMR in North America.

Another calendar year has passed. Before heading too far into 2023, let’s look back at what happened in 2022 for the American Nuclear Society and the nuclear community. In today's post that follows, we have compiled from Nuclear News and Nuclear Newswire what we feel are the top nuclear news stories from April through June 2022.

Stay tuned this week for the top stories from the rest of the past year.

But first:

• Click here for some of ANS’s activities for 2022
• Click here for the top nuclear news stories from January through March 2022