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May 15, 2023, 9:30AMNuclear News

A digital rendering of the Dow/X-energy Xe-100 plant in Texas. (Image: X-energy)

Dow and X-energy have announced the location of their Xe-100 small modular reactor deployment project: Dow’s UCC Seadrift Operations manufacturing site in Texas. According to a May 11 joint news release, the SMR plant will provide the Seadrift site with power and heat as the site’s existing energy and steam assets near the end of their operational lives.

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X-energy raises $700M in latest funding round

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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...

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BWXT and Purdue University team up on nuclear research

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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

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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

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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

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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...

Site for Dow, X-energy SMR project selected

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