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Nuclear Energy

All articles tagged with #nuclear energy

US bets on nuclear-powered cargo ships to outpace China in shipbuilding
world1 day ago

US bets on nuclear-powered cargo ships to outpace China in shipbuilding

Washington is pursuing a public-private push with London-based Core Power to develop a US-flagged nuclear-powered merchant fleet to challenge China’s dominance in shipbuilding, including a framework for rapid licensing, insurance and port access; the first vessel could begin construction in 2028, backed by about $200 million in private funding from Mitsui, Mitsubishi and Sumitomo with no federal funding guarantee. Proponents say nuclear propulsion could deliver faster, higher-capacity ships with lower fuel costs, but critics warn about liability, insurance, crew training and public acceptance, with most expecting commercial ships no earlier than the 2030s; MIT’s design has received ABS approval, and officials plan international talks to advance the technology.

via Financial Times|
#china#nuclear-energy#shipbuilding
Eni bets fusion will power its next refinery ambitions
energy3 days ago

Eni bets fusion will power its next refinery ambitions

Eni is expanding into nuclear fusion, aiming to commercialize a European fusion plant by the early 2040s via a partnership with Commonwealth Fusion Systems, and leveraging its hydrogen/hydrocarbon know-how. The plan includes a US plant expected in the 2030s and a European second site, plus a fuel-cycle venture with the UK Atomic Energy Authority, as it joins a broader industry race to commercialize fusion—though the technology has yet to prove it can scale commercially.

via Financial Times|
#commonwealth-fusion-systems#energy#energy-sector
AI’s energy crunch revives a near-forgotten fusion reactor project
technology5 days ago

AI’s energy crunch revives a near-forgotten fusion reactor project

AI-driven demand for power from data centers is reviving a long-dormant nuclear reactor experiment near Lynchburg, Virginia. The 120-foot-tall facility, once a $400 million project that collapsed as energy markets shifted, is being reconsidered with BWXT overseeing its revival, as former SpaceX engineers argue the revived reactor could help meet the power needs of AI-era data centers and push next-generation nuclear tech forward despite past setbacks.

via The Washington Post|
#ai#data-centers#energy-crisis
St. Lucie Unit 1 Shuts Down Manually After Control Rod Drop, NRC Notified
energy10 days ago

St. Lucie Unit 1 Shuts Down Manually After Control Rod Drop, NRC Notified

St. Lucie Nuclear Plant Unit 1 was manually shut down after three control rods dropped into the reactor core in a non-emergency; the trip was uncomplicated and the plant stabilized in Mode 3 with decay heat being removed through the main condenser while Unit 2 remained unaffected. The NRC resident inspector was notified. Licenses for Units 1 and 2 have been renewed, and local siren tests are scheduled as routine maintenance.

via wpbf.com|
#control-rods#energy#nrc
Europe’s Nuclear Plants Under Strain as Rivers Run Dry in Heatwaves
world11 days ago

Europe’s Nuclear Plants Under Strain as Rivers Run Dry in Heatwaves

Record heat and shrinking river levels across Europe are forcing nuclear plants to throttle or shut down, with Hungary’s Paks near the Danube at risk, Romania facing possible shutdown of its last reactor after water-diversion attempts, and France seeing a 20% drop in production due to drought and jellyfish, highlighting climate-driven risks to electricity supply.

via Futurism|
#cooling-water#drought#europe
Danube drought forces Romania to shut its sole nuclear plant
world12 days ago

Danube drought forces Romania to shut its sole nuclear plant

Romania shut down its only nuclear plant at Cernavodă after extremely low Danube water levels caused by a heatwave prevented adequate cooling; the second reactor was disconnected and isn’t expected to restart for about 10 days, leaving supply gaps that will be filled by solar, wind and imports as hydropower is constrained. Hungary’s Paks remains online for now, underscoring rising European water stress from climate change.

via BBC|
#climate-change#danube#heatwaves
markets19 days ago

NuScale Stock Dips After Q2 Revenue Miss and Rising R&D Costs

NuScale Power Corp. (SMR) reported Q2 revenue of $75,000, missing the $8.91 million consensus, while its quarterly loss per share was $0.13, which matched estimates. R&D expenses rose by about $6.6 million year over year. CEO John Hopkins emphasized growing demand for clean power, and the stock fell roughly 5.8% in extended trading to about $8.84 following the report.

via Benzinga|
#earnings#markets#nuclear-energy
Five States Offer to Host Nuclear-Waste Campuses to Spur US Nuclear Revival
energy28 days ago

Five States Offer to Host Nuclear-Waste Campuses to Spur US Nuclear Revival

Tennessee, Utah, Louisiana, Idaho, and Oklahoma propose non-binding agreements to host Nuclear Lifecycle Innovation Campuses, which would manage spent nuclear fuel and support related activities like enrichment, reprocessing, fuel fabrication, and potentially advanced reactors, aiming to attract up to $50 billion in private investment and $10 billion in tax revenues as part of a Biden/Trump-era push to revive US nuclear power; Yucca Mountain remains stalled.

via The Detroit News|
#doe#energy#nuclear-energy
Trump ties Saudi-Israel normalization to civil nuclear pact
world1 month ago

Trump ties Saudi-Israel normalization to civil nuclear pact

President Trump again links a Saudi civil nuclear deal to Riyadh’s normalization of ties with Israel under the Abraham Accords, saying the pact can only proceed if Israel and Saudi Arabia formalize relations; the agreement, signed earlier, would span about 30 years with U.S. oversight, and Riyadh’s stance on Palestinian statehood remains a barrier—while U.S. officials insist there will be no uranium enrichment and the deal includes monitoring.

via Al Jazeera|
#abraham-accords#foreign-policy#israel
US-Saudi nuclear deal signals long-term energy alliance amid proliferation concerns
world1 month ago

US-Saudi nuclear deal signals long-term energy alliance amid proliferation concerns

The US and Saudi Arabia signed a peaceful nuclear cooperation agreement and a bilateral safeguards pact to build civilian nuclear capacity, with reports that Saudi enrichment on its own soil could be allowed; supporters say it strengthens US-Saudi ties and nonproliferation safeguards, while critics warn of proliferation risks and a regional arms race, and Congress is unlikely to block it given the projected multi-year timeline.

via BBC|
#congress#middle-east-politics#nonproliferation
Small Nuclear Startups Hit a Critical Milestone, but Big Hurdles Remain
energy1 month ago

Small Nuclear Startups Hit a Critical Milestone, but Big Hurdles Remain

Three startups in the DOE’s pilot program have turned on new reactors and reached criticality, a milestone meant to jump‑start a new wave of small modular reactors and carbon‑free power. While the speed is aided by regulatory cuts and lab support, experts caution these are test reactors, not commercial products, and licensing, fuel supply, and cost hurdles still loom before any grid deployment—despite Valar Atomics’ criticality demonstrations (even powering an Nvidia chip) and other pilots aiming to be critical soon, including Antares Nuclear and Deployable Energy; Aalo Atomics has yet to hit criticality.

via WIRED|
#criticality#department-of-energy#energy
energy1 month ago

U.S. hits milestone as three advanced SMRs reach criticality, but commercialization remains years away

Three U.S. advanced reactors backed by the Energy Department have reached criticality, meeting a July 4 target and signaling progress toward a nuclear renaissance, with Deployable Energy’s unit the third to go critical and Aalo Atomics expected to follow. While DOE touts momentum and the potential for quicker development, experts say commercial deployment could still take years due to licensing by the NRC, fuel supply challenges (HALEU), and financing hurdles, though a proposed rule could speed up regulatory reviews for approved designs.

via Politico|
#criticality#doe#energy