Centrus Energy Corp is to resume centrifuge manufacturing activities and expand capacity at its facility in Tennessee as well as investing an additional USD60 million over the next 18 months for the effort to support a potential large-scale expansion of uranium enrichment at its American Centrifuge Plant in Piketon, Ohio.

The USA and UK have signed the new framework agreement to allow the Generation IV International Forum to continue after the current agreement expires in February. The agreement excludes current participant Russia.

Chris Wright, CEO of energy services firm Liberty Energy, has been picked by US President-elect Donald Trump to be Secretary of Energy in his incoming administration, and North Dakota Governor Doug Burgum to be Secretary of the Interior. Burgum is also to chair a newly formed cross-cutting National Energy Council.

Russia has announced restrictions on exports of enriched uranium to the USA. The temporary ban is in response to US restrictions on imports of Russian uranium products which came into force earlier this year.

As it prepares to test a prototype of its Kaleidos microreactor at Idaho National Laboratory's DOME facility, Radiant Industries has secured USD100 million in Series C funding bringing the company's total venture funding to USD160 million.

Focused Energy has completed a scientific report detailing its initial high-gain target design based on direct-drive laser inertial fusion, the first of its Milestones in the US Department of Energy's Milestone-based Fusion Development Program. 

The commercial installation of Atomic Canyon's Neutron Enterprise solution is said to be the first on-site deployment of a generative AI (artificial intelligence) solution at a US nuclear power plant, bringing a new approach to managing vast datasets associated with PG&E's plant operations.

The US International Development Finance Corporation has signed a letter of interest with Polskie Elektrownie Jądrowe to provide more than PLN4 billion (USD980 million) in financing for Poland's first nuclear power plant.

The US nuclear power plant developer Oklo says it has letters of intent from two data centre providers to deliver up to 750 MW.