The US nuclear fleet is seeking a new lease on life. Constellation Energy, the nation’s largest nuclear operator, has filed two plant renewal applications with the NRC since the start of 2024, with more than half its fleet expected to follow suit over the next decade.
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.
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.
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.
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.
A UK nuclear trade group has submitted newcleo’s reactor design to the UK government for justification—the country’s first ever application of its kind for an advanced nuclear technology.
The DOE has doled out a $1.52B loan guarantee to Holtec International to reboot the Palisades nuclear plant in Michigan. If the energy tech firm can deliver, it may be the first time in US history a closed plant reopens its doors.
Oklo, the nuclear fission startup backed by OpenAI CEO Sam Altman, is one step closer to bringing its fast fission technology to market.
Tokamak Energy, a UK-based fusion company, is developing an updated laser measurement technology to improve its ST40 fusion machine.
Amazon is taking the nuclear route to power its next data center project.
