Related Topic: Small Modular Reactors

Russia commits to further floating NPPs

Russia commits to further floating NPPs

Rosatom and a subsidiary of Kaz Minerals have signed for power supply to the new Baimskaya copper mining project in the Chukotka region of eastern Siberia. Rosatom proposes to use three floating nuclear power plants each employing a pair of the new 55 MWe RITM-200M reactors, a version of which is in service powering icebreakers. A fourth unit would be held in reserve for use during repair or refuelling. The first reactors are already under construction by Atomenergomash. The companies said that they would conclude a long-term take-or-pay contract for the electricity by April 2022.

New Nuclear 27 July 2021


Second Korean investment in a week for NuScale SMR

Second Korean investment in a week for NuScale SMR

Samsung C&T Corporation has committed to making an equity investment in NuScale to support deployment of its small modular reactor and is developing a business collaboration agreement with NuScale's engineering, construction and procurement partner Fluor Corporation. The announcement comes days after Doosan Heavy Industries and Construction increased its investment to support deployment of NuScale's SMR.

Corporate 23 July 2021


Scaled down SMR pilot project remains on course

Scaled down SMR pilot project remains on course

Utah Associated Municipal Power Systems now expects to build six 77 MWe NuScale Power Modules on a site at Idaho National Laboratory, rather than 12 units as previously planned. A 2030 start-up date for the plant - known as the Carbon Free Power Project - is still envisaged.
 

New Nuclear 23 July 2021


US study sees future markets for microreactors

US study sees future markets for microreactors

The deployment of microreactors in the short-to-medium term could support energy markets not available to large nuclear plants, but some significant challenges must be overcome for them to capture new market shares. In the longer term, they will be able to contribute to decarbonisation efforts. These are amongst the findings of a recently published technical report from the US Department of Energy's Idaho National Laboratory.

New Nuclear 22 July 2021


Doosan makes additional investment in NuScale

Doosan makes additional investment in NuScale

South Korea's Doosan Heavy Industries & Construction has agreed to make an additional USD60 million investment in NuScale Power to continue to support deployment of its small modular reactor. Including the latest investment, DHIC and its financial investors have invested more than USD100 million in NuScale. DHIC and NuScale have also agreed to expand cooperation to the field of hydrogen production and desalination using SMRs.

New Nuclear 20 July 2021


Kairos Power plans Hermes demonstration reactor at Oak Ridge

Kairos Power plans Hermes demonstration reactor at Oak Ridge

Kairos Power is to establish a low-power demonstration reactor at the East Tennessee Technology Park in Oak Ridge, investing USD100 million in a project to demonstrate its capability to deliver low-cost nuclear heat. The Hermes reactor is a scaled version of Kairos Power’s Fluoride Salt-Cooled High Temperature Reactor, an advanced reactor technology that aims to be cost competitive with natural gas in the US electricity market. The Hermes reactor is scheduled to be operational in 2026.

New Nuclear 16 July 2021


GE commits to net zero, GEH creates SMR jobs

GE commits to net zero, GEH creates SMR jobs

General Electric has announced a commitment to achieve net-zero carbon emissions by 2050, following a shareholder vote on an As You Sow resolution on 4 May. This target not only encompasses GE's operations but also includes its 'Scope 3' emissions from customers' use of the products it sells, including power generation equipment, which account for a significant portion of the company’s emissions. Meanwhile GE Hitachi Nuclear Energy has announced the creation of 80 highly skilled jobs in Ontario to support the deployment of BWRX-300 small modular reactors in Canada and around the world.

Corporate 16 July 2021


Oklo to power bitcoin mining machines

Oklo to power bitcoin mining machines

Oklo Inc has announced a 20-year commercial partnership with Compass Mining, the world's first online marketplace for bitcoin mining hardware and hosting. Oklo’s "advanced fission powerhouses" will provide clean, reliable and affordable baseload power for Compass’ bitcoin mining machines, starting in the early 2020s.

Corporate 15 July 2021


China starts construction of demonstration SMR

China starts construction of demonstration SMR

Construction officially started today of the ACP100 small modular reactor demonstration project at the Changjiang nuclear power plant on China's island province of Hainan. China National Nuclear Corporation said the project will be the world's first land-based commercial SMR. The multi-purpose 125 MWe pressurised water reactor - also referred to as the Linglong One - is designed for electricity production, heating, steam production or seawater desalination.

New Nuclear 13 July 2021


Rolls-Royce, Cavendish Nuclear sign SMR partnership agreement

Rolls-Royce, Cavendish Nuclear sign SMR partnership agreement

Rolls-Royce and Cavendish Nuclear have signed a Memorandum of Understanding on the potential for their cooperation in the Rolls-Royce SMR programme. Under the agreement, they have committed to working together to develop the roles that Cavendish Nuclear can perform in the design, licensing, manufacturing and delivery aspects of the Rolls-Royce "factory-fabricated small modular nuclear power plant".

Corporate 08 July 2021