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X-energy raises $700M in latest funding round
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 help continue the expansion of its supply chain and the commercial pipeline for its Xe-100 advanced small modular reactor and TRISO-X fuel, according the company.
Lance J. Agee
Nuclear Technology | Volume 142 | Number 1 | April 2003 | Pages 3-9
Technical Paper | RETRAN | doi.org/10.13182/NT03-A3369
Articles are hosted by Taylor and Francis Online.
The nuclear industry's current "vision" for 2020 is for growth in U.S. nuclear to a 23% share of generation in 2020. To support this vision, the Electric Power Research Institute's Nuclear Power Division has developed a strategic bridge plan. The major objectives of the plan are discussed. Of key importance is the U.S. Nuclear Regulatory Commission (NRC) staff's proposed framework for risk-informed regulations. RETRAN-3D will undoubtedly be used by the industry to support Risk-Informed Regulation, specifically option 3.The reason that RETRAN-3D is the most logical tool to support Risk-Informed Regulation is that in January 2001 the NRC issued a safety evaluation report (SER) on RETRAN-3D. The significance of the SER to the RETRAN community is described, and a list of the most important SER conditions provided.Next, the new and unique applications of RETRAN-3D are referenced. Finally, discussion of the future direction of safety software indicates what the author feels is needed to adequately support both existing plant upgrades and future plant designs.