Catch up on the latest insights into the nuclear industry.
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Ontario Shoots to Build the West’s First SMR
Watch out, America. Canada wants to beat you to the punch. Ontario Power Generation (OPG), a Canadian utility, has earned permission from the government of Ontario to begin building the first SMR at the Darlington New Nuclear Project. The project has been years in the making—site preparation began in 2022—and with this last approval, construction…
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Google Taps Elementl Power for Data Center Capacity
The hyperscalers are living up to their name, and scaling that fast comes with a growing hunger for power. In this case, we mean nuclear power. Yesterday, Google announced a strategic agreement with Elementl Power, a nuclear project development company, to advance site development for three nuclear projects. “Google is committed to catalyzing projects that…
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Trump Administration Releases Skinny Budget—The Nuclear Edition
The federal government’s shake-ups over the last few months and the administration’s promise to cut excess spending across the board have left many, ourselves included, on the edge of our seats awaiting the budget. On Friday, we got our first peek. The “skinny” budget request released late last week is an overview of the larger,…
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China Wants 10 New Reactors—for $27B
China is outpacing the world in building nuclear reactors. That’s hard to dispute given that the country has more than 30 new reactors under construction and more nuclear capacity in pipeline than the rest of the world combined. And it’s not stopping there. This week, China’s State Council approved the construction of 10 new large-scale…
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Texas Moves on Nuclear Funding
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…
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More DOE Funding for Bringing Back the Palisades Plant
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…