Partnering Across the Pond
Pushing the fusion industry forward is all about public-private partnerships. At least, that’s the high-level takeaway from a meeting of UK and US fusion leaders yesterday in Washington, DC.
Commercial
NuScale Plans Its Comeback After a Hard Year
NuScale ($SMR) posted its Q4 and FY2023 financial results on Thursday. It was a tough year for the SMR developer, which missed its earnings targets in each quarter of 2023 and shuttered its much-anticipated Carbon Free Power Project in November. The company reported a $56.4M net loss in Q4 and a $180.1M net loss over […]
enCore Ships Its First Yellowcake From Rosita
A newly reopened US reprocessing plant is shipping its first batch of uranium after a 16-year hiatus. enCore Energy Corp. has produced the first shipment of reprocessed uranium produced at the Rosita plant in South Texas. The Rosita plant is acting as a central processing site for a handful of sites across the state, turning […]
AWS Taps Into Nuclear Data Center for $650M
Amazon is taking the nuclear route to power its next data center project.
Commercial Shipping Could Go Nuclear
In the global race toward an emissions-free transportation sector, commercial shipping presents a particular challenge—massive cargo ships depend on toxic, carbon-spewing heavy fuel oil, which they need loads of for their long journeys.
Deep Isolation Is Thinking Ahead
Deep Isolation and its partners have built a first prototype of a nuclear waste disposal canister. It’s an important step toward a working system to safely dispose of spent fuel in boreholes deep beneath the Earth’s surface. Buried deep: Deep Isolation is on a mission to develop a long-term solution for disposing of nuclear waste […]
DOE Gives Kairos a Milestone-Marked Path to $303M
The ball is officially rolling on Kairos Power’s reactor deployment contract with the federal government.
Welding Just Got a Futuristic Upgrade
Despite the hype for the relative simplicity and lower building costs of SMRs, they can still take years to construct and cost billions of dollars in the process. A British engineering company called Sheffield Forgemasters thinks it can heat things up.
Four Reactors are Better than One, UK Says
Privately-funded SMRs are hitting the UK for the first time. On Thursday, energy giant Westinghouse announced that it signed an agreement with Community Nuclear Power, Ltd. (CNP) to deploy four of its AP300 SMRs in the English North Teesside region. Under the agreement, CNP and Westinghouse hope to get a fleet of four AP300s up […]