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Delivering Massive Efficiency (and Bottom-Line) Gains Through Chemical Descaling
The Maryland Energy Administration (MEA) has awarded grants to Rockville, Md.–based X-energy—developer of the Xe-100 small modular reactor—and Frostburg State University for a collaborative study to determine the potential for siting an SMR at a state coal site. A joint analysis of the study’s findings is to be delivered to MEA later this year.
X-energy raises $700M in latest funding round
Advanced reactor developer X-energy has announced that it has closed an oversubscribed Series D financing round of approximately $700 million. The funding proceeds are expected to be used to...
In my August column in Nuclear News, I reflected on the importance of ANS’s annual conferences for bringing together our nuclear community at the national level. In September, after speaking...
New Mexico Nuclear Alliance begins its advocacy work
The New Mexico Nuclear Alliance made its official debut as a nuclear energy advocate in late October, when founder Scott Lopez spoke with state lawmakers during a meeting of the New Mexico...
BWXT and Purdue University team up on nuclear research
BWX Technologies and Purdue University have signed a memorandum of understanding to collaborate on research focused on next-generation nuclear technologies, including small modular reactors...
ANS Winter Conference: DOE, NRC leaders stress need for speedier nuclear approval
During speeches at the American Nuclear Society’s Winter Conference & Expo, happening this week in Washington, D.C., Energy Secretary Chris Wright and Nuclear Regulatory Commission Chair...
NRC finishes draft supplemental EIS for Clinch River SMR site
The Nuclear Regulatory Commission and the U.S. Army Corps of Engineers have completed a draft supplemental environmental impact statement for a small modular reactor at the Tennessee Valley...
Ohio announces $100M Energy Opportunity Initiative fund
Ohio Gov. Mike DeWine recently announced the creation of the new JobsOhio Energy Opportunity Initiative, a $100 million fund that will be used in part to attract supply chain companies for...
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...
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,...
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...
