From the pages of Nuclear News: Industry update

March 6, 2023, 3:00PMNuclear News

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

INFUSE program funds 10 private-public projects

As part of the Department of Energy Office of Science’s Innovation Network for Fusion Energy (INFUSE) program, $2.3 million in funding is being awarded to 10 projects that pair private industry with national laboratories for purposes of fusion energy development. The projects are being led by researchers at seven companies: Commonwealth Fusion Systems in Cambridge, Mass.; Energy Driven Technologies in Champaign, Ill.; Focused Energy in Austin, Texas; General Atomics in San Diego, Calif.; Princeton Stellarators in Princeton, N.J.; Tokamak Energy in Bruceton Mills, W.Va.; and Type One Energy Group in Madison, Wis. Through the INFUSE funding, these companies gain access to the expertise of the national labs as they conduct research into fusion energy systems. Each award provides between $50,000 and $500,000 for a one- to two-year project, with a 20 percent cost share for the industry partners.

From the pages of Nuclear News : Industry update

November 10, 2022, 7:00AMNuclear News

Here is a recap of industry happenings over the past month:


ADVANCED REACTOR MARKETPLACE

U.S. and Canadian regulators formalize relationship on advanced reactors

The U.S. Nuclear Regulatory Commission and the Canadian Nuclear Safety Commission (CNSC) have reached a charter agreement that formally establishes a collaborative relationship on small modular reactors and other advanced reactor technologies. The two agencies have been cooperating on these technologies for several years, but the formal agreement is designed to better harmonize the American and Canadian regulatory processes to achieve safe, successful deployment. The charter specifically focuses on regulatory and safety issues regarding the licensing review of GE--Hitachi’s BWRX--300 SMRs, which Ontario Power Generation (OPG) has selected for deployment at its Darlington site and which the Tennessee Valley Authority (TVA) plans to build at Clinch River. OPG and TVA announced plans earlier this year to work together on the development and deployment these SMRs.

Framatome completes acquisition of Rolls-Royce I&C business

November 9, 2021, 12:00PMNuclear News
More than 550 employees will join Framatome as part of its acquisition of Rolls-Royce’s I&C business. (Photo: Business Wire)

French nuclear reactor company Framatome has completed its purchase of Rolls-Royce Civil Nuclear Instrumentation and Control. Framatome announced in December 2020 that it had agreed to acquire Rolls-Royce’s I&C business, which has operations in France, the Czech Republic, and China.

According to Framatome, the transaction builds on the company’s engineering expertise, enlarges its industrial footprint, and expands its global I&C systems development and deployment capabilities.

Framatome acquires BWXT’s U.S. nuclear services

June 4, 2020, 10:48AMNuclear News

Framatome has completed its acquisition of BWX Technologies’ U.S. commercial nuclear services business, the France-based company announced on June 2. With this transaction, the company said, Framatome expands its portfolio of equipment and tooling for nuclear power plant inspections and maintenance.

BWXT will receive an 118,000-square-foot manufacturing facility and the associated 11 acres of land from Framatome in the cashless exchange.