We’re still at least a handful of years from a working commercial fusion plant, but across the country and world, we’re getting closer every day. Fusion firms found success in fundraising, partnerships, and technological development this year in their quest to unlock the limitless power of the sun. Here’s our roundup of the highlights. Raising […]
We started covering the fission industry with Ignition’s launch back in February. At that point, we had no idea (OK, maybe an inkling) that this year would hold so many pivotal moments in fission development for the US market. Here’s our recap of the moments and trends that mattered most in the US fission sector. […]
The US is gearing up for another nuclear revolution, but there are a few snags in those plans. Over the last year, concerns have been rising over the continued availability of uranium to power the existing and future fleets of American reactors, and the DOE has been working to ensure that the domestic supply chain […]
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 […]
