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The University of Tennessee (UT) and the Tennessee Valley Authority (TVA) signed a memorandum of understanding on April 7 to evaluate the development of a new generation of cost-effective advanced nuclear reactors, such as small modular reactors (SMR), at TVA’s 935-acre Clinch River Nuclear Site in Roane County, Tenn.
The EIB funds Finland as MDBs around the world embrace nuclear
The European Investment Bank recently announced that it is providing €90 million ($103.8 million) in financing to Finnish nuclear power company Teollisuuden Voima Oyj (TVO). The funding is...
Illinois legislature lifts ban on nuclear energy, funds clean energy
The Illinois General Assembly passed a clean energy bill on October 30 that would, in part, lift a 30-year moratorium on new nuclear energy in the state and create incentives for more energy...
New York signs up for more nuclear
New York is going after nuclear in a big way. The New York Power Authority is releasing its first solicitations for plans to develop advanced nuclear reactors in the state’s upstate...
TVA nominees promise to support advanced reactor development
Four nominees to serve on the Tennessee Valley Authority Board of Directors told the Senate Environment and Public Works Committee that they support the build-out of new advanced nuclear...
Ho Nieh, TVA board members, and nuclear fuel recycling bill head to Senate floor
Ho Nieh, the Trump administration’s nominee to be a member of the Nuclear Regulatory Commission, and four new board members of the Tennessee Valley Authority were approved in a vote today by...
Matt Wald, an independent energy analyst and a writer who contributes to the Breakthrough Institute and has written feature articles for Nuclear News, recently shared his nuclear perspectives...
NRC issues final environmental approval for TerraPower’s SMR
TerraPower announced that the final environmental impact statement for its Natrium small modular reactor has been completed by the Nuclear Regulatory Commission....
Amazon provides update on its Washington project with X-energy
A year ago this month, Amazon led a $500 million investment in X-energy, alongside Citadel founder Ken Griffin, the University of Michigan, and other investors. In addition to that financing,...
Here is a recap of recent industry happenings:ADVANCED REACTOR MARKETPLACE New international partnership to speed Xe-100 SMR deploymentX-energy, Amazon, Korea Hydro & Nuclear Power, and...
Deep Isolation asks states to include waste disposal in their nuclear strategy
Nuclear waste disposal technology company Deep Isolation is asking that the National Association of State Energy Officials (NASEO) consider how spent nuclear fuel and radioactive waste will be...