Small modular reactor developer ARC Clean Technology, Canadian utility New Brunswick Power, and nuclear plant operator Korea Hydro & Nuclear Power have signed a memorandum of understanding to explore opportunities for commercializing ARC technology in Canada, South Korea, and the United States, as well as in other regions where KHNP has business operations.

Advanced nuclear technology firm TerraPower announced today the selection of four suppliers to support its Natrium reactor demonstration project, in development near a retiring coal plant in Kemmerer, Wyo.

Concept art of a tank type sodium-cooled fast reactor. (Image: MHI)

The Japanese government has chosen Mitsubishi Heavy Industries (MHI) to head up the conceptual design and research and development of a demonstration sodium-cooled fast reactor, the Tokyo-based engineering firm announced recently.

MHI is to oversee the work in partnership with Mitsubishi FBR Systems Inc. (MFBR), an MHI Group engineering company established in 2007 to develop and design fast breeder reactors.

Conceptual design work is scheduled to commence in fiscal year 2024, with operation of the unit slated for the 2040s.

Reactor roadmap: According to MHI’s announcement, in the strategic roadmap for fast-reactor development adopted by the Japanese Cabinet in December 2018, a policy was defined to assess the efficacy of several types of technologies to be developed following a competition among private-sector companies. The roadmap was subsequently revised by the Cabinet in December 2022, at which time two decisions were made: (1) to select a sodium-cooled fast reactor as the target of the conceptual design of the demonstration unit and (2) to select a manufacturer to serve as the core company in charge of the reactor’s design and requisite R&D.

NuScale Power and TerraPower both signed agreements earlier this week with South Korean entities to support development of the American firms’ respective reactor technologies.

Portland, Ore.–based PacifiCorp—owner of the soon-to-be-retired Wyoming coal plant selected in 2021 as the future site of TerraPower’s Natrium reactor demonstration project—has released its 2023 Integrated Resource Plan, which recommends the addition of two more Natrium units to the company’s generation resource mix by 2033.

Nuclear technology firm TerraPower and utility partner PacifiCorp have launched a study to evaluate the feasibility of deploying up to five additional Natrium reactor and integrated energy storage systems in the utility’s service territory by 2035, the companies announced yesterday. (PacifiCorp’s business units—Pacific Power and Rocky Mountain Power—serve customers in California, Oregon, and Washington, and in Idaho, Utah, and Wyoming, respectively.)

U.S. nuclear technology company TerraPower announced yesterday the close of a $750 million equity raise—one of the largest advanced-nuclear investment drives to date, according to the announcement—with $250 million of that contributed by South Korean firms SK Inc. and SK Innovation.

Both firms are subsidiaries of the Seoul-based conglomerate SK Group, South Korea’s second-largest conglomerate, after Samsung Group.

In its latest show of interest in Central and Eastern European markets, Portland, Ore.–based NuScale Power has signed a memorandum of understanding with Kazakhstan Nuclear Power Plants LLP (KNPP) to explore the deployment of NuScale’s small modular reactor plants—recently christened VOYGR—in Kazakhstan.

Hands

The U.K. government has confirmed its selection of the high-temperature gas-cooled reactor (HTGR) for Britain’s £170 million (about $236 million) Advanced Modular Reactor Demonstration Program.

Greg Hands, minister for energy, clean growth, and climate change, delivered the news on December 2 via a speech at the Nuclear Industry Association’s annual conference. “Following evaluation of responses received,” Hands said, “I’m pleased to announce today that we will focus on HTGRs as the technology choice for the program moving forward—with the ambition for this to lead to a demonstration by the early 2030s.”

NNL approved: “As we look to the future and the part we play as a scientific superpower, the U.K.’s unparalleled experience in gas-cooled technologies makes HTGRs the common-sense choice for pursuing advanced nuclear,” said Paul Howarth, chief executive officer at the United Kingdom’s National Nuclear Laboratory. “Following announcements already made on financing for the next stage of the Rolls-Royce SMR program and the proposed Nuclear Energy (Financing) Bill to make large-scale plants more achievable, the U.K. is primed once more to be a global leader in nuclear technologies—large, small, and advanced.”

The U.K. government last week issued a “call for evidence” inviting stakeholders to weigh in on its choice of the high-temperature gas reactor for Britain’s £170 million (about $236 million) advanced modular reactor (AMR) demonstration program. The deadline for input on the government’s selection is September 9.

According to the Department for Business, Energy, and Industrial Strategy, the key objective of the AMR program is to demonstrate high-temperature heat production that can be used for low-carbon hydrogen production, process heat (for industrial and domestic use), and cost-competitive electricity generation in time for an AMR to support the government’s commitment to reduce greenhouse gas emissions to net zero by 2050. The target for enabling an AMR demonstration is the early 2030s.

New Brunswick Premier Blaine Higgs announces C$20 million in funding for the ARC-100 small modular reactor. Photo: ARC Canada

The Canadian province of New Brunswick has awarded C$20 million (about $15.7 million) to ARC Clean Energy Canada (ARC Canada) to support the development of the proposed ARC-100 advanced small modular reactor. The premier of New Brunswick, Blaine Higgs, announced the award during his state of the province address on February 10.

ARC Canada, headquartered in Saint John, New Brunswick, is a subsidiary of U.S.-based ARC Clean Energy, formerly known as Advanced Reactor Concepts. The company’s ARC-100 is a 100-MWe integrated sodium-cooled fast reactor that uses a metallic uranium alloy fuel. Based on Argonne National Laboratory’s Experimental Breeder Reactor-II, the reactor is designed to operate for 20-plus years without refueling.

In October 2019, ARC Canada announced that it had completed the first phase of the Canadian Nuclear Safety Commission’s (CNSC) vendor design review. (While the phase-one assessment provides detailed feedback regarding a vendor’s understanding of the CNSC’s requirements for a nuclear power plant in Canada, it does not certify the design or license the reactor.)