Texas wants to be the nation’s go-to destination for companies looking to build new nuclear capacity. It’s been weighing the pros and cons of a state fund to support new nuclear development, and it looks like the pros are winning out. On Wednesday, the Texas House of Reps passed House Bill 14, which would create […]
The first commercial nuclear reactor restart in US history is well underway, and the DOE just released a tranche of funding to make it happen. This week, the DOE issued a $46.7M loan disbursement to Palisades plant owner Holtec International to support the company’s ongoing push to restart energy production at the site. The story […]
US data needs aren’t slowing down, and with more data demand comes a corresponding increase in energy consumption. Every energy think tank and analysis group out there has projections for just how much energy data centers will need in the coming years, and the numbers are high across the board. Current energy demand from data […]
Last October, Pacific Fusion emerged from stealth with a splashy $900M Series A and a commitment to build an inertial fusion machine based on the technologies that made the National Ignition Facility (NIF) and the Z Machine successful. Now, the company has come out with a roadmap to build a net gain facility by 2030—and […]
The changing tide of public opinion has a real and tangible impact on the progress of nuclear fission adoption, and the next generation of nuclear companies relies on that support in the realms of funding, licensing, and site selection. Luckily for the industry, things are looking up. Polling company Gallup published new research on support […]
Months after picking the team that will supply domestically produced high-assay low-enriched uranium (HALEU) to the highly anticipated fleet of advanced reactors, the DOE has picked the first recipients of the bounty to come. HALEU is the fuel of choice for numerous companies developing SMRs and microreactors, but the US is sorely lacking in its […]
NANO Nuclear Energy ($NNE) is making plans for its first reactor build. Last week, the publicly traded SMR company announced an agreement with the University of Illinois Urbana-Champaign to build a research reactor on campus. The reactor, a version of the company’s flagship Kronos micro modular reactor, uses tech acquired from the now-bankrupt Ultra Safe […]
If you still have the idea that nuclear power isn’t an attractive energy source to the major industrial players, think again. Dow, one of the largest chemicals and plastics producers in the world, announced this week that it is working with X-energy to transition its industrial plant in Seadrift, Texas, to nuclear power in the […]
Another nuclear company is on its way to the public markets. Last week, Terrestrial Energy announced its plans to merge with HCM II Acquisition Corp., a SPAC, and list on the NASDAQ under the ticker $IMSR. The company joins fellow nuclear SPAC Oklo ($OKLO) on the public markets, as well as NANO Nuclear Energy ($NNE), […]
You wouldn’t just buy an engine. You want the whole damn car. That’s the driving philosophy behind Applied Atomics, a startup building not just the SMR but also the complete power plant surrounding it, along with plans to sell energy—not reactors—to power-hungry customers. The company officially emerged from stealth this morning with a $2M batch […]
