Tag

Nuclear Energy

All articles tagged with #nuclear energy

business20 days ago•4 min saved

X-energy plots IPO path to expand its small modular reactor push

Amazon-backed X-energy has filed a draft S-1 for an IPO, aiming to list in early summer to capitalize on rising demand for nuclear power driven by data centers and AI. The Texas-based SMR developer is building the Xe-100 helium-cooled reactor and has contracts with Centrica and Dow; it has NRC fuel-production licensing but not full NRC approval to build the reactor. Lead underwriters are JPMorgan, Morgan Stanley, Jefferies and Moelis. If successful, X-energy would join Nano Nuclear, NuScale and Oklo as publicly traded SMR players amid a broader wave of nuclear-tech listings.

via Financial Times|

#amazon #business #ipo

energy24 days ago•3 min saved

Oklo wins NRC license as it pushes toward 2028 commercial nuclear power

Oklo’s stock wavered after earnings, but the Santa Clara-based startup scored a key win when its Atomic Alchemy subsidiary secured the Nuclear Regulatory Commission license to handle, process, and distribute isotopes, creating a new revenue stream even as its advanced fast reactors await NRC approval and the company remains pre‑revenue. 2025 net loss rose to $105.7 million on $139.2 million in operating expenses, with $1.4 billion in cash and equivalents, and management signaled ongoing losses and higher investing outlays. Positive developments include a Department of Energy agreement to support its first reactor at Idaho National Laboratory and a Meta Platforms partnership to build a nuclear campus in Ohio, underscoring progress toward Oklo’s goal of commercially deploying power around 2028 despite regulatory and funding uncertainties.

via Barron's|

#atomic-alchemy #energy #meta-partnership

world29 days ago•8 min saved

Fifteen Years On, Fukushima Shows Mixed Recovery and Lingering Wounds

Fifteen years after the Fukushima Daiichi meltdown, the region shows a mixed recovery: some towns have rebuilt, others remain largely abandoned with ongoing cleanup, waste disposal, and monitoring. The 2011 quake and tsunami caused three reactor meltdowns, tens of thousands displaced and about 2,300 disaster-related deaths, and while Japan has reformed nuclear governance and enabled a few reactor restarts elsewhere, public concern remains. The 2023 treated wastewater release drew criticism from locals and the UN, and the area continues to grapple with radiation monitoring, resettlement, and long-term environmental and economic impacts.

via Business Insider|

#disaster #fukushima #japan

policy1 month ago•6 min saved

EU bets on small modular reactors to secure green power and industrial growth

The European Commission endorses deploying small modular reactors (SMRs) by the early 2030s as part of Europe’s aim for climate neutrality by 2050, with streamlined approval processes and a €200 million guarantee to attract private investment, hoping to supply low‑carbon electricity and heat for industry and enhance grid stability, while critics warn of costs, safety risks, and the unproven nature of SMRs.

via Euronews.com|

#decarbonisation #energy-security #eu-energy-policy

energy1 month ago•1 min saved

TerraPower earns go-ahead for Natrium reactor in Wyoming

TerraPower, the Gates-founded nuclear startup, has secured NRC approval to build the first commercial-scale advanced nuclear reactor in the US, the Natrium plant in Wyoming, slated for completion by 2030. The 345 MW design uses liquid sodium cooling and a molten-salt energy storage system to boost output to 500 MW as demand spikes, part of broader efforts to strengthen grids for AI data centers and climate goals.

via The Verge|

#bill-gates #energy #natrium

climate1 month ago•16 min saved

Gates-Backed Natrium Reactor Secures Construction Permit in Wyoming

The Nuclear Regulatory Commission unanimously approved TerraPower’s construction permit for the Natrium reactor in Kemmerer, Wyoming—the first new U.S. commercial reactor in about a decade—clearing the way for construction of a 345‑MW, sodium‑cooled design with a molten‑salt battery. The plant is expected to come online around 2031, backed by Bill Gates and supported by the Energy Department for partial cost sharing, though it still faces licensing, fuel, and cost‑overrun challenges as regulators continue to oversee its safety and deployment.

via The New York Times|

#climate #natrium #nrc

world1 month ago•4 min saved

India-Canada strike long-term nuclear-energy deal and broader partnership

India and Canada announced a 10-year nuclear-energy deal alongside agreements on technology, minerals, space, defence and education, as Modi and Carney reset frayed ties. The leaders aim for a comprehensive economic pact by 2026 to push bilateral trade toward $50 billion, with Canada supplying uranium and collaborating on small modular reactors and advanced reactors, while both countries boost cooperation in AI, semiconductors, renewables and other strategic areas under a broader strategic energy partnership.

via BBC|

#canada #india #nuclear-energy

world1 month ago•6 min saved

Rubio backs Orban's bid in Budapest, citing close US-Hungary ties

U.S. Secretary of State Marco Rubio endorsed Hungarian Prime Minister Viktor Orban's bid for a fifth term during a Budapest visit, stressing a strong personal relationship with President Trump; the talks produced a civilian nuclear cooperation agreement that could include small modular reactors and U.S. fuel and storage tech, signaling deeper energy ties as Hungary heads toward the April elections.

via PBS|

#hungary #nuclear-energy #orban

world1 month ago•5 min saved

US-Hungary sign civil nuclear pact as Orbán deepens ties with Trump-era ally

The United States and Hungary formalized a civil nuclear cooperation agreement that will expand collaboration on civil nuclear energy, including small modular reactors and spent fuel management, with Hungary set to purchase U.S. nuclear fuel and Holtec International assisting on spent fuel; the pact diversifies Hungary’s energy away from Russia and strengthens U.S. influence in Europe ahead of elections, reflecting the close ties between Viktor Orbán and former President Donald Trump.

via CBS News|

#nuclear-energy #paks-nuclear-plant #small-modular-reactors

energy2 months ago•9 min saved

Argentina’s Nuclear Pivot Sparks Local Fallout and US-Linked Uranium Plans

Argentina’s Milei government is pushing a new nuclear strategy that restart uranium mining in Chubut, advance small modular reactors, and privatize part of the state utility, while courting uranium exports to the United States—a plan drawing ire from Indigenous communities, scientists, and environmentalists who warn it could undermine domestic energy needs, worsen environmental harm, and increase US influence in Patagonian resources.

via The Guardian|

#argentina #energy #nuclear-energy

nuclear-energy2 months ago•6 min saved

Japan's nuclear restart plan hit by data fabrications and safety doubts

Chubu Electric admitted staff selected data that deviated from the regulator's methodology to estimate seismic risk for two Hamaoka reactors under restart review, a move the NRA called reckless and an outrageous breach of safety rules. The incident, compounded by a NRA security lapse and a string of past safety incidents since 2008, undermines public trust in Japan’s safety regime as authorities aim to restart reactors to meet demand and lower power costs, with the Hamaoka restart process now in flux and local officials wary of reopening the plant near the Nankai Trough.

via Financial Times|

#chubu-electric #hamaoka #japan

business2 months ago•16 min saved

Oklo Gains After BoA Upgrade Flags Meta Deal as Milestone

Oklo stock rose about 5% after Bank of America upgraded it to Buy and lifted its price target to $127, calling Meta’s long-term 1.2 GW energy deal a meaningful step forward and evidence of execution and partner commitment, even as the company posted wider Q3 losses and pushes to deliver its first Aurora nuclear reactor by 2028; analysts’ consensus remains a Moderate Buy with an average target around $126.89, implying roughly 41% upside from current levels.

via TipRanks|

#aurora-reactor #bac #business

world2 months ago•6 min saved

Japan eyes restart of the world’s largest nuclear plant 15 years after Fukushima

As Japan marks 15 years since the Fukushima disaster, Tepco plans to restart reactor No. 6 at Kashiwazaki-Kariwa, the world’s largest nuclear plant in Niigata. The move, aimed at boosting energy security and emissions targets, faces fierce local opposition and safety concerns about evacuation capabilities for hundreds of thousands nearby. A delay due to a test alarm was followed by expectation it will go online soon, potentially adding about 2% to Tokyo-area electricity, but critics say safety and trust remain doubtful.

via The Guardian|

#energy-policy #fukushima #japan

technology2 months ago•2 min saved

US Aims Lunar Nuclear Power by 2030 for Artemis Missions

NASA and the Department of Energy sign a memorandum of understanding to co-develop a fission surface power system for the Moon, aiming to deploy a lunar surface reactor by 2030 to provide continuous power for Artemis missions and future Mars exploration, continuing a long-standing U.S. collaboration in space technology and national security.

via NASA (.gov)|

#artemis #doe #lunar

science3 months ago•4 min saved

China’s 'Artificial Sun' Breaks Fusion Density Limit, Advancing Clean Energy

China's 'artificial sun' reactor, EAST, has broken a major fusion limit by maintaining plasma stability at densities 1.3 to 1.65 times beyond the Greenwald Limit, advancing nuclear fusion research and bringing humanity closer to potential clean, limitless energy. This achievement, published in Science Advances, demonstrates progress in overcoming key challenges in fusion technology, which could inform future reactors like ITER.

via Live Science|

#china #east #fusion