Vietnam has never had a nuclear power plant. That could be about to change. This week, Vietnam’s Minister of Industry and Trade, Nguyen Hong Dien, presented a draft energy law to the country’s National Assembly that proposes the state assume a monopoly on the financing, construction, and operation of advanced nuclear plants. The move is […]
The US is one step closer to a domestic supply chain for high-assay low-enriched uranium (HALEU). Five months after a ban on Russian uranium imports freed up $2.7B in federal funding, the DOE has picked four companies to handle domestic production. Drumroll please…the winners are: Each company will receive a minimum of $2M funded by […]
Soaring electricity demand, a complete AP1000 design, and growing recognition of the existing nuclear fleet’s role in slashing carbon emissions prompted the DOE to update its advanced nuclear report. The advanced nuclear report is part of the department’s Pathways to Commercial Liftoff series, which explores how and when key clean energy technologies could achieve widespread […]
The US DoD project to build a portable microreactor for military operations in the field is officially underway. On Tuesday, the Pentagon announced that it broke ground at a site near the Idaho National Lab to support the build of Project Pele, which aims to produce energy from a Gen IV nuclear reactor for the […]
At long last, the NRC issued its first permit for constructing a liquid-fueled advanced reactor. Abilene Christian University in Texas received the historic permit to build a Natura Resources molten salt reactor, dubbed MSR-1, at a $23M test facility on campus.
South Korea is taking its support for foreign SMR development to the next level.
Ghana took the next step toward its nuclear energy goals Thursday, striking an agreement with a US nuclear tech project developer to build the country’s first nuclear power plant—and an SMR at that. The details: Regnum Technology Group and Nuclear Power Ghana signed an agreement during the US-Africa Nuclear Energy Summit to deploy one NuScale […]
A recent shake-up in Japan’s nuclear sector spurred a watchdog agency to decide against restarting a reactor, citing concerns over seismic risks. A Nuclear Regulation Authority panel said determining the safety of a reactor at the Tsuruga nuclear power plant is difficult because it’s located over a fault. It’s the first rejection of a reactor […]
Korea’s fusion development is about to get a major government windfall as the nation races toward commercial opportunities. Last week, South Korea’s National Fusion Energy Committee, an office within the Science Ministry, announced that it would start a 1.2T won ($866M) program to bolster domestic commercial fusion development. The funding, separate from the vast amounts […]
Kairos Power has a second safety-approved reactor design on the books. The company announced this week that its Hermes 2 reactor—the follow-on to the Hermes demo reactor—has passed a key safety review by the NRC, notching a key milestone on the path to a construction permit. Build, baby, build: It’s been about a year since […]
