There is the potential to install 60 to 95 GW of new nuclear generating capacity at existing and recently retired US nuclear power plant sites, according to new preliminary analysis from the Department of Energy.

Swedish lead-cooled small modular reactor technology developer Blykalla said it is participating in a new project focused on integrating SMRs with thermochemical processes to produce renewable materials, like bio-coal and bio-oil, which can then be used to reduce carbon emissions and enhance energy efficiency in Sweden's steel and chemical industries.

California-based nuclear startup company Deep Fission, which is proposing to place microreactors deep underground, announced its emergence from stealth mode and a USD4 million pre-seed investment round.

US microreactor developer Last Energy announced it has raised USD40 million for its Series B round of funding, bringing total capital raised to USD64 million since the company's founding in 2019. It also said it has now reached commercial agreements for 80 of its microreactors.

The Nuclear Decommissioning Authority has awarded GBP30 million (USD39.1 million) to four-year projects to drive "new techniques to deliver safe, sustainable and cost-effective decommissioning".

California-based liquid metal fast reactor developer Oklo Inc has signed a preferred supplier agreement with steam turbine and generator technology supplier Siemens Energy for the power conversion system of its Aurora 'powerhouse'.

Canadian Nuclear Laboratories and Business Development Bank of Canada have announced a lead investment of CAD10 million (USD7.3 million) each in Canadian private fusion developer General Fusion. Meanwhile, the US Department of Energy has awarded USD4.6 million in 17 awards to fund public-private partnerships for fusion research.


 

UK-headquartered innovative reactor developer Newcleo and Slovak nuclear engineering and services firm VUJE have signed a cooperation agreement to establish closer collaboration on developing advanced modular reactor technologies and advanced fuel cycle solutions in the Slovak Republic.

Kronos Advanced Technologies Inc and Yasheng Group have announced a strategic collaboration to develop and file a patent for a small nuclear battery powered by the decay of nickel-63. The partnership aims to address critical energy storage needs across various sectors, including remote sensing, space exploration, medical devices and military applications.