X-energy, the Rockville, Md.–based small modular reactor/nuclear fuel developer, and Ares Acquisition Corporation (AAC), a publicly traded special-purpose acquisition company, have agreed to terminate their business combination agreement, effective immediately, the companies announced this week.
November 3, 2023, 9:31AMNuclear News
July 27, 2023, 12:00PMNuclear News
I am lucky. I live near a nuclear power plant—arguably the best run and most beautiful power plant in the world. It’s comforting.
It’s comforting to see Columbia Generating Station’s clean white plume of pure steam rise into the air every time I leave my house. Every time I’m driving home. Every time it’s freezing outside. Every time it’s scorching hot.
Even the few times when it has gone quiet for refueling, the plant stands like a Norman castle protecting the region from energy poverty. It’s comforting.
July 20, 2023, 9:43AMNuclear News
Small modular reactor firm X-energy and Energy Northwest, owner and operator of the Columbia nuclear power plant in Richland, Wash., announced yesterday the signing of a joint development agreement (JDA) for up to 12 Xe-100 SMRs in central Washington, capable of generating up to a total of 960 MWe.
The JDA defines and details the scope, location, and schedule under which the commercial development of the project will move forward, the companies said, adding that they will also work together to determine the best approaches to licensing and regulatory matters, as well as the project delivery model. Currently, the Xe-100 project is expected to be developed at a site adjacent to the Columbia facility, with the first module coming on line by 2030.
October 14, 2021, 9:30AMANS Nuclear Cafe
The Nuclear Innovation Alliance (NIA) has followed up its report, Advanced Nuclear Technology: A Primer, published last month, with the release of two new reports on the subject—one for policymakers, the other for investors.
For policymakers: According to the NIA, Advanced Nuclear Reactors for State Policymakers, in Brief provides an overview of enabling federal policies and looks at state options to incentivize local development of advanced reactors. In addition, the report features a series of “topical briefs” on the characteristics of advanced reactors with respect to safety, economic benefits, waste remediation, flexibility and dispatchability, and timing and development. The report also contains case studies of state-specific advanced nuclear projects such as the Natrium reactor demonstration project in Wyoming, Energy Northwest’s plans in Washington state, Utah Associated Municipal Power Systems’ consortium for the first light water small modular reactor, and the Nuclear Alternative Project in Puerto Rico.
August 12, 2021, 3:10PMNuclear News
Day three of the 2021 Utility Working Conference commenced early Tuesday morning with a plenary session featuring Rita Baranwal, the Electric Power Research Institute’s vice president of nuclear and chief nuclear officer, and Greg Cullen, Energy Northwest’s vice president for energy services and development.
April 1, 2021, 3:00PMNuclear News
Building the nation’s first advanced reactor is the goal of a partnership formed between X-energy, Energy Northwest, and the Grant County (Washington) Public Utility District (PUD).
The TRi Energy Partnership will support the development and demonstration of X-energy’s Xe-100 high-temperature gas reactor, which was selected by the Department of Energy for a cost-shared commercial demonstration by 2027 through the DOE’s Advanced Reactor Demonstration Program (ARDP). The new partnership was announced on April 1, when Clay Sell, X-energy’s chief executive officer; Brad Sawatzke, Energy Northwest’s CEO; and Kevin Nordt, the Grant County PUD’s CEO, met in Richland, Wash., to sign a memorandum of understanding.
October 14, 2020, 7:21AMNuclear News
The Department of Energy has put two reactor designs—TerraPower’s Natrium and X-energy’s Xe-100—on a fast track to commercialization, each with an initial $80 million in 50-50 cost-shared funds awarded through the Advanced Reactor Demonstration Program (ARDP). In all, the DOE plans to invest $3.2 billion—with matching funds from industry—over the seven-year demonstration program, subject to future appropriations.
Energy Secretary Dan Brouillette announced the awards late in the day on October 13 in Oak Ridge, Tenn., and said, “These awards are a critical first step of a program that will strengthen our nation’s nuclear energy and technological competitiveness abroad, and position our domestic industry for growth, for increased job creation, and for even more investment opportunity. It’s absolutely vital that we make progress on this technology now.”
July 16, 2014, 3:57PMANS Nuclear Cafe
Ratepayers in the Pacific Northwest have reason to celebrate the dedicated employees of Energy Northwest's 1170-megawatt Columbia Generating Station: The Northwest's sole nuclear energy facility generated a record 9.7 million megawatt hours of electricity during the fiscal year that ended Monday, June 30-eclipsing a previous record of 9.5 million megawatt hours in fiscal year 2006.