Europe Approves €300M for French SMR Development
France announced last week that the European Commission approved its bid to grant €300M ($321.6M) in aid to Electricité de France (EDF) Nuward subsidiary as it develops SMR technology.
Rachael Zisk
A Tax Credit for X-energy’s Fuel Facility
This week, the DOE, the Department of the Treasury, and the IRS jointly awarded X-energy’s fuel-focused subsidiary, TRISO-X, a $148.5M tax credit through the Inflation Reduction Act of 2022. The credit is meant to support construction of a tri-structural isotropic (TRISO) fuel production facility in Oak Ridge, TN.
Curio Secures $14M
Curio Legacy Ventures has secured $14M in new funding to support the development of its nuclear fuel recycling systems, the company announced on Thursday.
NASA Contracts a Nuclear Space System from Rolls-Royce
Across a few of its business arms, Rolls-Royce has been working on building nuclear systems that can keep things running in the space environment. Now, the company has secured a contract with NASA to develop additional supporting technology for those spacecraft.
Blykalla Secures a $7.3M Funding Round
A Swedish SMR developer just got funding to take the next step in development. Blykalla announced this week that it secured 80M SEK ($7.3M) in new funding from investors.
Tensions Escalate at Zaporizhzhya
The final hot reactor at the Zaporizhzhya nuclear plant in Ukraine is in cold shutdown after the site was targeted by a drone on Tuesday—an escalation of the conflict that could put the plant in jeopardy.
Oklo Signs On to Power Texas Oil Drilling
Even as the nuclear renaissance emerges, the fact remains that fossil fuels aren’t going anywhere. But that doesn’t mean that nuclear producers can’t wedge themselves into the oil market.
The NRC Needs to Do More, Says Watchdog
A government watchdog is wagging a finger at the NRC for its backward-looking approach when it comes to preparing for climate change.
TerraPower’s Time to Build
TerraPower’s construction permit application for an advanced nuclear plant is officially in the NRC’s hands.
A Q+A With Michael Ginsberg, US President of Tokamak Energy
Fusion startups are racing to develop the holy grail of clean energy: near-limitless power that’s free of carbon emissions and radioactive waste. According to US President of Tokamak Energy Michael Ginsberg, they can’t do it alone.