NuScale Power and TerraPower both signed agreements earlier this week with South Korean entities to support development of the American firms’ respective reactor technologies.
Supplier contracts awarded for TerraPower’s Natrium project
Bellevue, Wash.–based TerraPower has awarded three supplier contracts to U.S. companies to support its Natrium demonstration project, construction of which began in June 2024 in Kemmerer,...
From the Pages of Nuclear News: Industry update July 2025
Here is a recap of industry happenings from the recent past:ADVANCED REACTOR MARKETPLACE Utah moves to forefront of advanced nuclear developmentEnergySolutions has signed a memorandum of...
More good news for TerraPower on Kemmerer construction permit
The Nuclear Regulatory Commission has whittled down the timeline for reviewing TerraPower’s construction permit application for Kemmerer Power Station Unit 1 in Wyoming. Announcing a new,...
World Bank, IAEA partner to fund nuclear energy
The World Bank and the International Atomic Energy Agency signed an agreement last week to cooperate on the construction and financing of advanced nuclear projects in developing countries,...
ARC Clean Technology, Deep Atomic partner on SMR deployment
SMR developer Arc Clean Technology has signed a memorandum of understanding with Deep Atomic to jointly explore deployment opportunities across North America....
DOE opens pilot program to authorize test reactors outside national labs
Details of the plan to test new reactor concepts under the Department of Energy’s authority but outside national laboratory boundaries—first outlined in one of the four executive orders on...
U.K.’s own Rolls-Royce wins SMR competition
Rolls-Royce SMR has emerged as the United Kingdom’s preferred bidder to build the country’s first small modular reactors following a two-year competition, the U.K. government announced...
NRC announces hearing opportunity on Long Mott construction permit
The Nuclear Regulatory Commission is providing the opportunity to request a hearing on Dow Chemical Company’s application to construct a 320-MWe nuclear power plant at the company’s...
South Korea’s KHNP looks to expand to U.S. D&D market
Taking advantage of growing global demand for nuclear decontamination and decommissioning, South Korea’s state-run Korea Hydro & Nuclear Power hopes to enter the U.S. nuclear power plant...
NRC approves NuScale uprated SMR design
NuScale earned approval for its “larger” US460 77-MWe small modular reactor plant design, the Nuclear Regulatory Commission announced last week.The standard design approval (SDA) is a...