Holtec settles with New Jersey over tax credits

February 1, 2024, 9:30AMNuclear News
The Holtec technology and manufacturing campus in Camden, N.J. (Photo: Holtec)

Holtec International has agreed to pay $5 million in penalties to the state of New Jersey to avoid criminal prosecution over $1 million in tax credits that the company, along with Singh Real Estate Enterprises (SRE), sought in 2018. Holtec has also agreed to retain an independent reviewer approved by New Jersey to monitor future applications for state benefits.

EnergySolutions acquires Williams Industrial Services

September 21, 2023, 9:30AMNuclear News

Utah-based EnergySolutions announced that it has completed its acquisition of essentially all of the assets and business lines of Williams Industrial Services Group and its subsidiaries, including its nuclear, fossil fuel, energy delivery, and paper mill operations. The Williams business lines will now become part of EnergySolutions’s newly created Nuclear Services division

Fusion company Type One Energy opens Oak Ridge talent center

August 4, 2023, 7:01AMNuclear News

U.S. Congressman Chuck Fleischmann (R., Tenn.) speaks at the ETEC NOW Conference in Knoxville. (Photo: Type One Energy

Type One Energy Group, a Madison, Wis. –based stellarator fusion energy company, announced the opening of new offices in Oak Ridge, Tenn., during the East Tennessee Economic Council’s fifth annual NOW Conference, held August 1–2 in Knoxville.

Type One Energy’s expansion into Oak Ridge follows the company’s recent funding of an oversubscribed seed round of $29 million. The company is also one of eight fusion developers that was selected by the Department of Energy in late May to receive a total of $46 million in funding to kick off the public-private Milestone-Based Fusion Development Program, aimed at developing fusion pilot plant designs.

SHINE to provide radiation testing for aerospace and defense industries

April 28, 2023, 9:30AMRadwaste Solutions
SHINE’s Mo-99 production building under construction in October 2022. (Photo: SHINE)

Fusion development company SHINE Technologies announced that it will begin offering radiation effects testing in a dedicated facility on the company’s Janesville, Wis., campus later this year. SHINE will use high-energy fusion neutrons to test mission-critical components that are susceptible to radiation-harsh environments on behalf of its aerospace and defense customers.

DOE to consider recycling contaminated Portsmouth nickel

April 18, 2023, 3:00PMRadwaste Solutions
Demolition of the Portsmouth Gaseous Diffusion Plant’s X-326 building was completed in June 2022. (Photo: Fluor-BWXT Portsmouth)

As part of its ongoing cleanup work, the Department of Energy’s Office of Environmental Management is looking into the potential reuse of approximately 6,400 tons of radiologically surface-contaminated nickel that has been removed from the Portsmouth Gaseous Diffusion Plant in Ohio. DOE-EM began decommissioning the Portsmouth plant, one of three Cold War–era gaseous diffusion plant in the United States, in 2011.

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 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.