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Westinghouse Electric Company and State Nuclear Power Technology Corp. (SNPTC) announced the signing of a Memorandum of Understanding (MOU) to establish a partnership that would enable the two companies to work together to develop a Small Modular Reactor (SMR) standard design, based on the Westinghouse...

“Having the ability to train operators two to three years ahead of commercial operation will keep us on the critical path toward timely development and operation at our Clinch River project by 2021.” said Christofer Mowry, President, Babcock & Wilcox mPower, Inc. The Babcock &...

Holtec Releases Statement on DOE’s Small Modular Reactor Award Decision Holtec has released the following statement: We respect the Department of Energy's (DOE) decision to make only one award at this time from four applications it received in May of this year for the Small Modular Reactor...

As part of the Obama Administration’s all-of-the-above strategy to deploy every available source of American energy, the Energy Department today announced an award to support a new project to design, license and help commercialize small modular reactors (SMR) in the United States. This award follows...

Representatives from more than a dozen U.S. and Canadian utilities met with NuScale Power at its Corvallis, Ore., offices July 24-26, for the small modular reactor developer's semi-annual Customer Advisory Board (CAB) meeting. NuScale Power's CAB is comprised of 19 members companies including...

The Babcock & Wilcox Company (B&W) and FirstEnergy Corp. announced today that FirstEnergy and a B&W subsidiary, Generation mPower LLC (GmP), have signed a Memorandum of Understanding regarding studies on the potential deployment of the B&W mPower small modular reactor in FirstEnergy’s...

NuScale Power has submitted its proposal to participate in U.S. Department of Energy (DOE) Small Modular Reactor Funding Opportunity to accelerate the deployment of small modular reactors, according to a Monday release. "Our approach offers DOE a plant with innovative new safety features and...

Westinghouse Electric Company and the Missouri Electric Alliance led by Ameren Missouri today announced the formation of a utility participation group called the NexStart SMR Alliance. The Alliance is a consortium of current and prospective nuclear plant owners and operators and includes cooperative...

Officials at MidAmerican Energy Co. are studying potential options now that the Iowa Legislature adjourned without taking action on a bill the utility sought to lay the groundwork for a state regulatory structure that would have moved the company toward its planned construction of a nuclear power plant...

According to a Tuesday release, Gen4 Energy (previously Hyperion Power) will not pursue the DOE's Funding Opportunity Announcement (FOA), designed to establish cost-shared agreements with private industry to support the design and licensing of SMRs . Gen4 will continue to work under the Memorandum...

Westinghouse and Ameren Missouri have entered into an agreement to respond collaboratively to the United States Department of Energy (DOE) Funding Opportunity Announcement (FOA) for developing and licensing the Westinghouse Small Modular Reactor (SMR). Under the terms of the agreement, Ameren Missouri...

Today in Washington, the Department of Energy is sponsoring their Small Modular Reactor Industry Day at the L’Enfant Plaza Hotel , where DOE representatives will interface in person about the department's Cost-Sharing Program for Small Modular Reactors. The cost-sharing initiative represents...

In a step designed to accelerate the deployment of modular, scalable nuclear technology and boost economic development, NuScale Power LLC, and NuHub, an economic development initiative in Columbia, SC, will work together to pursue a small modular reactor project (SMR) at the Savannah River Site in South...

Hyperion Power Generation Inc. has changed its name to Gen4 Energy, Inc., CEO Robert Prince announced today in a release. "As a natural follow through to the evolution of the company over the last year, the name Gen4 Energy more accurately describes the focus of the company, the first product...

New Funding Opportunity Announcement Will Support SMR Design and Licensing for Widespread Commercial Use The U.S. Department of Energy today announced the first step toward manufacturing small modular nuclear reactors (SMRs) in the United States, demonstrating the Administration’s commitment...

Recent nuclear news from the United Kingdom includes the public release of plans for new reactors at Hinkley Point and an unconfirmed report that GE-Hitachi may pitch its salt-cooled PRISM reactor as a solution to the country’s excess plutonium problem. For Hinkley Point, British regulators released...

NuScale Power has been quietly recalling laid-off employees over the past two months as it slowly recovers from a financial crisis that very nearly proved catastrophic. Outside "bridge funding" led by unnamed outside investors has enabled the Corvallis nuclear energy company to bring its...

SMR, LLC, a subsidiary of Holtec International, has awarded a contract to the Shaw Group Inc. to provide phase one engineering support services for a new 140-megawatt small modular nuclear power reactor, the Holtec Inherently Safe Modular Underground Reactor (HI-SMUR). Shaw will develop the conceptual...

Westinghouse unveiled a new small modular reactor design Thursday, introducing the latest addition the the company's lineup the same week the Obama administration proposed $67 million be spent on licensing and technical support for SMRs. With their potential to reduce construction costs...

Hotelc launches new type of nuclear power plant - Edited By Chris Reed - Holtec International has announced that the proof-of-principle studies on Holtec's 140 MWe (Min.) modular reactor that began a year ago have been successfully completed. The new reactor is named HI-SMUR 140, derived from...

“NuScale has attracted the best talent in the industry and we sincerely regret that we are forced to take these actions,” said Paul Lorenzini, PhD, president and chief executive officer. - Edited By Chris Reed - Due to the uncertainties surrounding its ongoing funding, NuScale Power...

Decision Fueled by Rapid Progress Towards Local Approval for Idaho Nuclear Reactor, Growing World-wide Interest in Green World Water Desalinization Reactor, and MOU With Small Modular Reactor Maker Hyperion - By April Murelio - Alternate Energy Holdings, Inc. has announced that the company is preparing...

As a more practical clean energy option for power generation, the 125 megawatt B&W mPower SMR development program underway for the past two years has already gained wide recognition for its substantial electric utility involvement, cost competitiveness and innovative design - By Linton Levy -...

Virginia Senator Leading the Charge in Congress for Expanded Nuclear Technologies - By April Murelio - Senator Jim Webb (D-VA) has joined Virginia-based Babcock & Wilcox Nuclear Energy, Inc., (B&W NE) and Bechtel Power Corporation to announce a formal alliance to design, license and deploy...

Bill Coley’s wealth of experience in all phases of power generation will be a great asset to NuScale,” said Paul Lorenzini, chief executive officer of NuScale. “We are delighted that Bill has accepted our invitation to serve on the board - By Chris Smith - Veteran electric utility...