Credit to Author: Darrell Proctor| Date: Mon, 08 Jan 2024 14:58:14 +0000
NuScale Power, among the best-known companies developing small modular reactor (SMR) technology, said it would cut 28% of its workforce as the company looks to save $50 million to $60 […]
The post SMR Leader NuScale Cuts 154 Jobs as Nuclear Company Restructures appeared first on POWER Magazine.
Read moreCredit to Author: Michael Barnard| Date: Thu, 30 Nov 2023 21:13:52 +0000
A few months ago, a STEM and economics literate global decarbonization executive for a $4 billion annual revenue logistics business … [continued]
The post What Drives This Madness On Small Modular Nuclear Reactors? appeared first on CleanTechnica.
Read moreCredit to Author: Aaron Larson| Date: Wed, 08 Nov 2023 22:50:23 +0000
Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corp. (NuScale) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a small modular reactor (SMR) project that was […]
The post UAMPS and NuScale Power Terminate SMR Nuclear Project appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 03 Aug 2023 17:13:06 +0000
The Nuclear Regulatory Commission (NRC) on July 31 accepted a standard design approval (SDA) application for NuScale Power’s VOYGR-6, a plant design that will be featured in the 462-MWe Carbon-Free […]
The post Two Big Nuclear Regulatory Milestones for Idaho NuScale SMR Project appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Mon, 22 May 2023 15:24:30 +0000
A project to deploy the first NuScale 462-MWe VOYGR-6 nuclear power plant in Romania by 2029 has garnered a $275 million public-private funding commitment from the U.S., Japan, South Korea, […]
The post Global Commitments Bolster Romanian NuScale Nuclear Project appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 27 Apr 2023 14:20:43 +0000
Days after Korea Hydro & Nuclear Power (KHNP) announced it would participate in a consortium to develop floating nuclear power plants, the owner and operator of South Korea’s 25 nuclear […]
The post South Korean Companies Snap Up Opportunities to Advance Floating Nuclear, Nuclear Hydrogen, SMRs 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: Sonal Patel| Date: Thu, 02 Mar 2023 20:11:16 +0000
Despite a steep hike in the project cost estimate for the proposed 462-MWe Carbon-Free Power Project (CFPP), 26 of 27 public power entities have voted to continue development of the first-of-its-kind six-module NuScale Power VOYGR-6 small modular nuclear (SMR) plant. The 26 project participants—subscribers who could eventually offtake portions of the project’s power—lodged financial commitments […]
The post Novel UAMPS-NuScale SMR Nuclear Project Gains Participant Approval to Proceed to Next Phase appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 05 Jan 2023 17:02:32 +0000
NuScale Power has submitted a standard design approval (SDA) application to the Nuclear Regulatory Commission (NRC) based on its six-module VOYGR-6 configuration, which will use uprated 250-MWth (77-MWe) modules. The step is crucial for the proposed construction of the 462-MWe Carbon Free Power Plant at an Idaho National Laboratory (INL) site. NuScale’s SDA application submitted […]
The post NuScale Submits Standard Design Approval Application to NRC for Uprated SMR Design appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Fri, 30 Dec 2022 19:16:48 +0000
In January 2022, the U.S. Department of Energy’s (DOE’s) Office of Nuclear Energy (NE) published a list of five nuclear energy stories to watch in 2022. Here’s an update on the items the NE felt were important for industry insiders to keep an eye on. The Bipartisan Infrastructure Law The DOE noted in the January […]
The post Updates on Five Big Nuclear Energy Developments POWER Was Watching in 2022 appeared first on POWER Magazine.
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