Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2024 17:00:08 +0000
The need for emissions-free power generation, along with the ability to provide more power when and where it’s needed, is driving research and development of smaller nuclear reactors. Energy industry
The post Mobility, Flexibility, Scalability: SMRs Forging Nuclear’s Future appeared first on POWER Magazine.
Credit to Author: Aaron Larson| Date: Thu, 21 Mar 2024 15:07:40 +0000
The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups […]
The post UK Companies See Major Opportunity in Nuclear Supply Chain appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Mon, 02 Oct 2023 15:53:25 +0000
Six nuclear designs will advance to the next phase of the UK’s Small Modular Reactor (SMR) competition, a fast-track measure that could result in a government contract within the next […]
The post UK Shortlists Six Nuclear Designs in SMR Competition, Intends to Award Contract by Summer 2024 appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Mon, 03 Apr 2023 04:15:00 +0000
The term “nuclear renaissance” was very popular in the early 2000s. Nuclear power plant operators had substantially improved existing plant performance, and many new plants were being considered around the
The post The Future Looks Bright for Nuclear Power—Dare We Use the ‘R’ Word Again? appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 09 Feb 2023 18:06:53 +0000
Fermi Energia, a privately held company formed to develop a small modular reactor (SMR) in Estonia, announced that it has selected GE Hitachi Nuclear Energy’s (GEH’s) BWRX-300 design for deployment. Kalev Kallemets, CEO of Fermi Energia, said in September last year that the company’s nuclear technology selection process had begun in 2019, with a mapping […]
The post GE Hitachi’s BWRX-300 Small Modular Reactor Gets Another Win appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 09 Feb 2023 18:06:53 +0000
Fermi Energia, a privately held company formed to develop a small modular reactor (SMR) in Estonia, announced that it has selected GE Hitachi Nuclear Energy’s (GEH’s) BWRX-300 design for deployment. Kalev Kallemets, CEO of Fermi Energia, said in September last year that the company’s nuclear technology selection process had begun in 2019, with a mapping […]
The post GE Hitachi’s BWRX-300 Small Modular Reactor Gets Another Win appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Wed, 26 Oct 2022 14:17:47 +0000
The Canadian government has pledged more financing toward development of a grid-scale small modular reactor (SMR), as the country continues to support nuclear power as a way to cut emissions of greenhouse gases from its power generation sector. Natural Resources Minister Jonathan Wilkinson on Oct. 25 said C$970 million ($708 million) is targeted for a […]
The post Canada Bank Group Pledges Millions Toward Nuclear Power Project appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 13 Oct 2022 16:50:16 +0000
Ontario Power Generation (OPG) and Czech Republic-based ČEZ are collaborating to advance deployment of nuclear technology, including small modular reactors (SMRs). The companies said they signed a memorandum of understanding (MOU) on Oct. 11, with an aim to “reduce financial, technical and schedule risk to both parties on their respective future projects.” OPG is Ontario’s […]
The post Canada’s OPG and Czech Republic’s ČEZ Partner to Advance SMR and Other Nuclear Technology appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 30 Jun 2022 16:42:33 +0000
The International Energy Agency (IEA) says momentum is building for nuclear power in many countries amid soaring fuel prices and growing energy security concerns. “In today’s context of the global energy crisis, skyrocketing fossil fuel prices, energy security challenges and ambitious climate commitments, I believe nuclear power has a unique opportunity to stage a comeback,” […]
The post Nuclear Power on the Upswing, Numerous Projects Take Shape Around the World appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 03 Oct 2019 13:47:32 +0000
The post Small Modular Reactors Gain Momentum in Europe appeared first on POWER Magazine.
GE Hitachi Nuclear Energy (GEH) and NuScale Power, two leading companies in the race to build small modular reactors (SMRs) for power generation, have recently announced deals that could result to new plants being constructed in Europe. Feasibility Studies in Estonia GEH on Oct. 3 said it had signed an agreement with Fermi Energia OÜ, […]
The post Small Modular Reactors Gain Momentum in Europe appeared first on POWER Magazine.
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