Institutional investor BNF Capital has taken a 10.7 percent stake in Lightbridge Corporation, which is developing fuel for small modular reactors and existing light water reactors. BNF Capital is based in London, U.K. Lightbridge is located in Reston, Va.

Lester

As part of the Purdue University–Duke Energy Understanding Tomorrow’s Nuclear Energy Lecture Series, Richard K. Lester of the Massachusetts Institute of Technology, will give a speech on Wednesday, November 30, from 3:30 to 5:00 p.m. EST. Lester, associate provost and a professor of nuclear science and engineering at MIT, was previously head of the university’s Department of Nuclear Science and Engineering. The event will also feature a panel discussion with Lester, Lefteri H. Tsoukalas, and Morgan Smith.

Register now: The lecture, “Tough Tech for Climate: Innovation Challenges, University Responsibilities, and Some Comments on the Nuclear Role,” can be attended in person at Eliza Fowler Hall, in the Stewart Center of Purdue University in West Lafayette, Indiana. The talk will also be available to watch on YouTube, where it will be live streamed. Advance registration is required. Following registration, individuals will receive a confirmation email containing information about joining the meeting.

Advanced reactors and small modular reactors with strikingly different coolants and sizes offer an array of different benefits, but when it comes to fuel cycle issues, including spent fuel and waste, they have a lot in common with conventional light water reactors. Two reports released within the last week—a National Academies of Sciences, Engineering, and Medicine (NASEM) consensus committee report two years in the making and a Department of Energy study released by Argonne National Laboratory—address the timely topic of advanced reactor fuel cycle issues. While the NASEM committee ventured to define research and infrastructure needs to support the entire nuclear power fuel cycle, inclusive of new technologies, for decades to come, the DOE report compares the front- and back-end fuel cycle metrics of three reactor designs (from NuScale Power, TerraPower, and X-energy) that have been selected for DOE cost-share–funded demonstrations within this decade. Together, these reports provide assurance that the fuel cycle needs of a fleet of new reactors can be met and point to near-term research and planning needs.

The nuclear industry leaders assembled in Washington, D.C., last week to discuss small modular reactor supply chains agreed that lost generation capacity from the expected retirement of hundreds or thousands of coal power plants over the next decade—a cliff, in one panelist’s words—represents an opportunity that developers of SMRs and advanced reactors are competing to meet.

“I think in total 80 projects are ongoing,” said Boris Schucht, panel moderator and chief executive officer of Urenco Group, as he opened the forum. “Of course not all of them will win, and we will discuss today what is needed so that they can be successful.”

Purdue University and Duke Energy have announced that they plan to jointly explore the feasibility of using advanced nuclear energy to meet the university’s long-term energy needs, “a move that may be unprecedented for a college campus.” A small modular reactor could meet the current and future needs for Purdue’s West Lafayette, Ind., campus, as well as provide excess power to the state’s electric grid, according to a joint press release.

An article posted on the Interesting Engineering website on March 10 highlights a recent YouTube video that provides an overview of the advantages, current status, future possibilities, and practical challenges of small modular reactors, along with a look at the even smaller microreactors. The video is available on the “Undecided with Matt Ferrell” channel. Ferrell describes himself as “a UI/UX [user interface/user experience] designer by trade” and “a lifelong tech enthusiast.”

Three factors will drive nuclear exports: energy security, decarbonization, and geopolitics. Recent power prices in Europe, coupled with the situation in Ukraine, demonstrate the interplay of all three factors. Nuclear exports have to be viewed in the context of the current geopolitical climate, particularly relative to Russian and Chinese competitive offerings. Finally, the critical importance of nuclear energy in meeting global decarbonization efforts can be a driving force for exports, further enhanced by the inclusion of nuclear energy in clean/green taxonomies and the accompanying support from the ESG (environmental, social, and governance) investor community.

Doriot

Koch

A new bill in the Indiana state Senate creates guidelines for state regulators to consider small modular reactors should utilities want to build them. Senate Bill 271 was sponsored by Sen. Eric Koch (R., Bedford), chair of the Senate Utilities Committee, and Sen. Blake Doriot (R., Goshen). Supporters of the bill said that SMRs could replace retiring coal plants and would supplement renewables.

The Indy Star reported on January 24 that the utilities committee passed the bill by a vote of eight to two and that it now heads to the full Senate.

Crane

Exelon, owner and operator of the nation’s largest nuclear reactor fleet, has made clear its position on the massive infrastructure and social spending bills that federal lawmakers, at this writing, continue to haggle over.

“As world leaders convene in Glasgow for COP26 to address the climate crisis, the need for America to take action has never been more urgent,” said Chris Crane, Exelon’s president and chief executive officer, on Monday. “The bipartisan infrastructure agreement and the policy framework for Build Back Better legislation will make us more competitive globally, spur innovation and support good-paying jobs, protect current and future generations from the worst impacts of climate change, and cement America’s leadership on one of the most pressing challenges—and opportunities—of our time. The time to act is now, and we encourage lawmakers to pass these critical policies into law.”

Jacob Wiencek, a self-described concerned resident of Honolulu, is doing his part to encourage the state of Hawaii to embrace nuclear power. An opinion piece written by Wiencek was published in Honolulu Civil Beat, an online, nonprofit news site, on August 4.

The January/February 2021 issue of Popular Mechanics hit subscriber mailboxes this week with a stark cover image of a single small reactor under the headline, “Tiny nuclear reactors are about to revolutionize American energy.” The story looks at advanced reactors as a pivotal step to “redeem nuclear’s stature in American energy.”

A good primer: The article does a good job introducing the casual reader to the idea that “bigger is no longer better” and that the future of nuclear power in the United States will most likely be “a combination of traditional large plants and smaller, safer megawatt reactors.”

Advanced reactors, including small modular reactors, show that nuclear is no longer a one-size-fits-all operation, the article notes. The industry now “is all about personalization,” says Ken Canavan, Westinghouse’s chief technical officer, who is quoted in the article. The capacity and scalability of SMRs “is just irreplaceable,” he adds.

The article explains that SMRs, microreactors, and other advanced reactor designs will be able to bring reliable, carbon-free power to small or remote locations, replacing fossil fuel power plants and supplementing the “resource-sucking downtimes left by renewables.”

A video posted to Twitter by Vice News discusses the prospect of advanced reactors being an important mix of carbon-free power production in the United States. Hosted by Gelareh Darabi, an award-winning Canadian-British-Iranian journalist and documentary filmmaker, the video provides quick and easy statistics for the general audience and pulls from social media influencer I_sodope. It also includes comments from nuclear experts.

A 170-page energy white paper, Powering Our Net Zero Future, issued by the United Kingdom government on December 14 sets big goals for cleaning up the U.K.’s energy system. According to the U.K. government, the plan would create and support green energy jobs across England, Scotland, Wales and Northern Ireland and would keep electricity bills affordable as the U.K. transitions to net zero emissions by 2050.

The white paper notes that the U.K. will generate emission-free electricity by 2050 with a trajectory that will see "overwhelmingly decarbonized power in the 2030s. Low carbon electricity will be a key enabler of our transition to a net zero economy with demand expected to double due to transport and low carbon heat."

The white paper builds upon the U.K. prime minister’s 38-page Ten Point Plan for a Green Industrial Revolution, which was issued on November 18.

In an article published by the Canadian Broadcasting Corporation on December 7, politicians representing New Brunswick, Canada, debate the benefits and potential risks of investing in small modular reactor development. Two major parties in the province support SMR development, while the Green Party sees “danger signs.”

“Advanced Nuclear Reactors and Power Systems-I” on November 18 during the 2020 ANS Virtual Winter Meeting was the first of a three-session set examining the status of various advanced reactors. The sessions were sponsored by the Operations and Power Division and chaired by Piyush Sabharwall of Idaho National Laboratory.

Presentation topics in the first session included the core design and helium Brayton cycle design of the Holos-Quad microreactor, a microreactor design for a truck charging station, and a levelized cost of electricity (LCOE) estimation on HALEU (high-assay low-enriched uranium) fuels for small modular reactors.

Here are some highlights:

An artist’s rendering of NuScale Power’s small modular nuclear reactor plant. Image: NuScale

Utah Associated Municipal Power Systems (UAMPS) announced on October 16 that the Department of Energy has approved a $1.4-billion, multiyear cost-share award to Carbon Free Power Project LLC, a new business entity wholly owned by UAMPS that was created for the development and construction of a 720-MWe NuScale power plant—the Carbon Free Power Project (CFPP)—to be sited at Idaho National Laboratory. The funding comes as UAMPS prepares to develop the first combined license application (COLA) for a small modular reactor.

Canadian Nuclear Laboratories (CNL) on September 3 announced a research collaboration agreement with Kairos Power. Funded through CNL’s Canadian Nuclear Research Initiative (CNRI), the agreement includes research and engineering for technologies to separate, analyze, and store the tritium that would be created during the operation of Kairos Power’s proposed fluoride-salt–cooled small modular reactor.

Full-scale mockup of the upper third of the NuScale Power Module. Photo: NuScale

With a design that has just emerged from a rigorous safety evaluation by the Nuclear Regulatory Commission, and a customer—Utah Associated Municipal Power Systems (UAMPS)—getting ready to prepare a combined license (COL) application, what is next for Oregon-based NuScale Power and for near-term small modular reactor prospects in the United States? As milestones are reached, many want to know.

NuScale plans to supply twelve 60-MWe modules for a 720-MWe plant—called the Carbon Free Power Project (CFPP) by UAMPS—to be sited at Idaho National Laboratory. A smaller, 50-MWe module version of NuScale’s design recently became the first SMR to receive a final safety evaluation report (FSER) from the Nuclear Regulatory Commission.

“The NRC design approval represents a significant de-risking factor for the CFPP,” said UAMPS spokesperson LaVarr Webb. The project is “making steady progress,” Webb said, adding that “UAMPS General Manager and CEO Doug Hunter has said it is much more important to do the project right than to do it fast.”

Brouillette

In remarks addressed to a meeting of the National Space Council on May 19, Energy Secretary Dan Brouillette said that the development and deployment of small modular reactors could provide sustainable power sources for space applications.