DOE announces $17.5B in conditional loans for AP1000 builds

June 23, 2026, 2:10PMNuclear News

Earlier today, the Department of Energy announced that it has issued a conditional loan commitment to finance the purchase of “long-lead time items needed to rebuild America’s commercial nuclear supply chain.”

The American Nuclear Supply Chain Loans on offer are worth $17.5 billion and intended to help finance up to five projects to build a total of 10 new AP1000 reactors, with construction aimed to begin by 2030.

NRC to make sweeping changes to fuel cycle regs

June 23, 2026, 12:01PMNuclear News

Responding to several executive orders and the ADVANCE Act of 2024, the Nuclear Regulatory Commission is proposing to modernize its fuel cycle and materials licensing requirements by amending its regulations for byproduct, source, and special nuclear material.

According to the agency, the sweeping regulatory changes are deregulatory in nature and aimed at accelerating the deployment of next-generation nuclear technologies with a streamlined licensing pathway for nuclear fuel reprocessing facilities and updated requirements for advanced reactor fuels.

Helion secures new licenses from Washington

June 23, 2026, 10:34AMNuclear News
Preliminary construction work currently is underway on Helion’s generator building for its Orion project. (Photo: Helion)

Last week, Everett, Wash., fusion start-up Helion Energy announced that it has received its radioactive materials license and radioactive air emissions license from the state of Washington.

According to the company, these milestones make it “the first company in the world to secure the regulatory licenses needed for a fusion power plant” and represent confirmation that it has the needed facilities, trained personnel, and safety programs in place to safely operate its fusion machine.

Terrestrial Energy and Texas A&M reach agreement on reactor siting

June 23, 2026, 7:06AMNuclear News
The Texas A&M–RELLIS Energy Proving Ground, in Bryan, Texas. (Photo: TAMUS)

Terrestrial Energy has signed ground lease and research agreements with the Texas A&M University System (TAMUS) to exclusively use about 77 acres of land at the Texas A&M–RELLIS campus, in Bryan, Texas, for development of the company’s Integral Molten Salt Reactor (IMSR). The agreements give Terrestrial Energy control of the site and provide support for completion of site characterization work, environmental evaluations, and testing and research activities related to the IMSR.

EnCore receives BLM authorization for dormant uranium project

June 22, 2026, 3:36PMNuclear News
Dewey Burdock uranium project site in Fall River County, S.D. (Photo: BLM)

EnCore Energy announced on June 18 that the Bureau of Land Management issued a final decision and approved the Dewey Burdock uranium project, authorizing the company to begin construction for the uranium in situ recovery project in southwestern South Dakota.

Valar’s Ward 250 reaches criticality in Utah

June 22, 2026, 10:44AMNuclear News
A Valar Atomics photo marking criticality of the Ward 250. (Photo: Isaiah Taylor/LinkedIn)

El Segundo, Calif.–based start-up Valar Atomics has taken its Ward 250 test reactor critical at the Utah San Rafael Energy Lab (USREL), becoming the second company in the Department of Energy's Reactor Pilot Program to reach the milestone, and, according to the DOE, the first to do so outside a national laboratory.

The DOE celebrated the achievement in a June 18 announcement, describing it as a "zero-power fueled criticality demonstration." The news follows a similar update for Antares Nuclear's Mark-0 reactor, which the DOE said achieved criticality at Idaho National Laboratory earlier this month.

Elementl plans Ohio nuclear plant; Oklo, Centrus sign Ohio-centered LOI

June 22, 2026, 7:10AMNuclear News

Nuclear project developer Elementl Power announced on June 18 its plans to build a nuclear power plant in southeast Ohio with a planned capacity of up to 1.5 GW.

Elementl already has a reactor design in mind, having reached an early works agreement with GE Vernova Hitachi to deploy the company's BWRX-300 small modular reactors. According to Elementl, construction on the first unit could begin in 2030—subject to a final investment decision and regulatory approvals—with an anticipated completion date of 2034.

Two steps forward for U.K. advanced nuclear

June 18, 2026, 3:47PMNuclear News

This week, two significant announcements have emerged from the United Kingdom’s advanced reactor sector.

On June 14, Rolls-Royce, the United Kingdom National Nuclear Laboratory, and the Japan Atomic Energy Agency announced that they had signed two trilateral memorandums of cooperation to collaborate on advanced modular reactor (AMR) technology, specifically high-temperature gas-cooled reactors (HTGR), and the coated particle fuel these reactors will use.”

Separately, on June 16, Bellevue, Wash.based TerraPower announced that its Natrium reactor design has been formally submitted for U.K. regulatory review. The company also announced the formation of a new subsidiary, TerraPower UK Ltd.

A flurry of nuclear developments in Sweden—state aid, SMR selections, legislation

June 18, 2026, 12:20PMNuclear News
Minister for Financial Markets Niklas Wykman (left) and Blykalla CEO Jacob Stedman. (Photo: Olle Friman/Government Offices)

Within the span of two weeks, three Swedish companies—Blykalla, Studsvik, and Nordic Baseload Power—submitted applications to their country’s government for state aid for their respective new nuclear builds. Applications are handled by Sweden’s Ministry of Finance.

In early June, SMR developer Blykalla submitted its application to the Swedish government, followed by engineering services firm Studsvik on June 12. And on June 16, energy company Nordic Baseload Power became the latest to apply for financial support. Overall, the Swedish government has received four applications for state aid since last year.

Zeno pursues nuclear battery manufacturing at Vallecitos

June 18, 2026, 9:33AMNuclear News
Vallecitos hot cell. (Photo: Zeno Power)

Zeno Power announced today that it is restoring hot cell infrastructure at the Vallecitos Nuclear Center to produce radioisotope power systems (RPSs) for use in extreme environments.

“The facility is initially supporting production of strontium-90–fueled nuclear batter[ies] for undersea applications,” said Tyler Bernstein, Zeno cofounder and CEO. “Zeno is also scoping options as it seeks to rapidly scale production of nuclear batteries for space domains.”

NSTX-U magnet bundle is delivered to PPPL and prepared for installation

June 18, 2026, 7:29AMNuclear News
Princeton Plasma Physics Laboratory's NSTX-U. (Photo: Michael Livingston/PPPL)

The central magnet bundle for the National Spherical Torus Experiment–Upgrade (NSTX-U) at Princeton Plasma Physics Laboratory has been delivered to the facility in New Jersey, the national lab recently reported. The school bus–sized, 23,000-pound magnet bundle, manufactured at Elytt Energy in Bilbao, Spain, consists of a toroidal field magnet system and an ohmic-heating magnet system.

Oklo signs MOU with Standard Nuclear to explore plutonium recycling

June 17, 2026, 3:53PMNuclear News
Oklo’s Aurora reactor concept. (Image: Oklo)

Oklo announced that it has signed a memorandum of understanding with Standard Nuclear to explore commercial collaboration on nuclear fuel recycling and advanced fuel manufacturing. According to Oklo, the collaboration with TRISO fuel fabricator Standard Nuclear represents the company’s first third-party offtake pathway for recycled nuclear materials, including surplus U.S. plutonium.

New York publishes paper on new nuclear options, launches Nuclear Reliability Backbone

June 17, 2026, 12:42PMNuclear News

New York’s ambitious efforts to add at least 5 gigawatts of new nuclear power raise several questions: How much will it cost the state, the federal government, and ratepayers? Where does private investment fit into the picture? What nuclear reactor designs should developers pursue?

To provide clarity and direction to these and other concerns, the New York State Energy Research and Development Authority and Department of Public Service issued the preliminary draft of its advanced nuclear policy options paper on June 12.

Thea Energy collaborates with AI companies to develop stellarator digital twin

June 17, 2026, 9:35AMNuclear News
The Thea Energy team in front of PPPL’s model stellarator exhibited at the 1958 Atoms for Peace conference in Geneva, Switzerland. (Photo: Michael Livingston/PPPL)

Thea Energy has announced it is working with Nvidia and Synopsys to develop a digital twin of its stellarator fusion power plant concept, called Helios.

The team, which also includes Argonne National Laboratory and Princeton Plasma Physics Laboratory, will “analyze and scale vast datasets, rapidly evolve Thea Energy’s plant designs, and stress-test system operation in a workflow that outpaces traditional tools,” according to the company.

ANS releases new course on nuclear economics

June 17, 2026, 7:16AMANS News

The American Nuclear Society has just announced its fourth professional development course: Foundations of Nuclear Economics, a practical introduction to the financial principles that shape the long-term value of nuclear power.

The first offering of the course will be held on August 24 in Dallas, Texas, in conjunction with this year’s Nuclear Energy Conference & Expo (NECX 2026), the nuclear industry conference hosted jointly by ANS and the Nuclear Energy Institute.

NRC launches environmental review of Holtec’s new-build plans for Palisades

June 16, 2026, 3:04PMNuclear News
A rendering of the Palisades site, featuring two SMR-300 units in the foreground. (Image: Holtec)

The Nuclear Regulatory Commission is set to prepare an environmental impact statement for its review of Holtec International’s application to site two Holtec SMR-300 reactors at the Palisades site in Covert, Mich. The two planned reactors would be known as Pioneer-1 and -2.

IAEA seeks research proposals to develop smart biomaterials for health care

June 16, 2026, 12:41PMNuclear News
The use of radiation technologies to develop health care applications through the IAEA’s Smart Biomaterials for Next Generation Health Care Products initiative. (Image: A. Schlosman/IAEA)

The International Atomic Energy Agency is seeking research proposals for a new initiative launched by its Department of Nuclear Sciences and Applications called Smart Biomaterials for Next Generation Health Care Products. The agency said the program will help IAEA member states design “multifunctional, smart, high-performance biomaterials, including novel medical devices and responsive material systems.”

Analysis: China’s nuclear power capacity nearly doubled in 10 years

June 16, 2026, 9:28AMNuclear News

Operational nuclear power sites in China, May 2026. (Source: EIA, with additional data from World Bank, Global Energy Monitor, Global Nuclear Power Tracker, and the IAEA. Image: EIA)

China’s nuclear power capacity has increased from 31.4 gigawatts in 2016 to 58.7 GW in May—an 87 percent increase in the last 10 years, according to the U.S. Energy Information Administration.

The EIA’s analysis of China’s nuclear power growth was based on information gathered by the agency, as well as data from the World Bank, Global Energy Monitor, Global Nuclear Power Tracker, and the International Atomic Energy Agency. It was published on June 5.