Industry Update—February 2025
Here is a recap of industry happenings from the recent past:
ADVANCED REACTOR MARKETPLACE
Mission of Gen IV International Forum is extended
A framework agreement to continue the Generation IV International Forum (GIF) beyond its scheduled February 2025 expiration was signed by representatives of the United States and the United Kingdom at November’s COP29 meeting in Azerbaijan. The new agreement, which excludes previous signatory Russia, focuses on the sharing of information and pooling of funds for advanced nuclear technologies. The agreement also sets a goal of deploying fourth-generation nuclear technology by 2030. The specific advanced technologies identified by the forum are gas-cooled fast reactors, lead-cooled fast reactors, molten salt reactors, sodium-cooled fast reactors, supercritical water–cooled reactors, and very-high-temperature reactors.
