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IDTechEx Asks Where SMRs Will Fit in the Energy Ecosystem

Retrieved on:

Dienstag, April 23, 2024

Amazon Web Services, Risk, Generation IV reactor, AI, OpenAI, Hydrogen, Electricity, HTGR, Rolls-Royce SMR, Carbon, SMR, Gen, Wind, Microsoft, Dissection, International Energy Agency, Renewable energy

According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.

Key Points:

According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.
It is no surprise that the data center and AI industries are showing increasing interest in SMRs to provide on-site power.
SMRs offer an excellent complement to renewable energy in the production of green hydrogen that could reduce reliance on costly energy storage systems.
IDTechEx expects the installation rate of SMRs to grow significantly from the end of the decade, contributing significantly to solving the climate crisis.

IDTechEx Asks Where SMRs Will Fit in the Energy Ecosystem

Retrieved on:

Dienstag, April 23, 2024

According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.

Key Points:

According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.
It is no surprise that the data center and AI industries are showing increasing interest in SMRs to provide on-site power.
SMRs offer an excellent complement to renewable energy in the production of green hydrogen that could reduce reliance on costly energy storage systems.
IDTechEx expects the installation rate of SMRs to grow significantly from the end of the decade, contributing significantly to solving the climate crisis.

Global First Generation IV Nuclear Power Plant Co-Constructed by Shanghai Electric Enters Commercial Operation

Retrieved on:

Dienstag, Dezember 26, 2023

HTGR, Carbon, Safety, BeiDou, Gen, Shanghai Electric, Generation IV reactor, Renewable energy

SHANGHAI, Dec. 26, 2023 /PRNewswire/ -- The world's first nuclear power plant project equipped with Gen IV nuclear power technology – Shidaowan High-Temperature Gas-Cooled Reactor Pebble-bed Module (HTR-PM) demonstration project, with Shanghai Electric being one of the main equipment suppliers – has entered commercial operation, following the successful completion of 168 hours of test run that confirmed all systems met the design functions.

Key Points:

SHANGHAI, Dec. 26, 2023 /PRNewswire/ -- The world's first nuclear power plant project equipped with Gen IV nuclear power technology – Shidaowan High-Temperature Gas-Cooled Reactor Pebble-bed Module (HTR-PM) demonstration project, with Shanghai Electric being one of the main equipment suppliers – has entered commercial operation, following the successful completion of 168 hours of test run that confirmed all systems met the design functions.
Generating power through the conversion of nuclear, heat, mechanical, and electricity power, the high-temperature gas-cooled reactor (HTGR), globally recognized as the fourth-generation nuclear power technology, is lauded for its inherent safety and versatility, holding immense potential for commercial applications as an alternative power solution to fossil fuel-based energy sources.
HTGR is set to reshape the future of global nuclear power development with its exceptional safety features.
In a significant stride for China's nuclear power safety and nuclear technology innovation, the successful launch of the demonstration project greatly propels China's ability to lead in the global nuclear energy sector, trailblazing future advancements in sustainable and secure energy generation.

Global First Generation IV Nuclear Power Plant Co-Constructed by Shanghai Electric Enters Commercial Operation

Retrieved on:

Dienstag, Dezember 26, 2023

HTGR, Carbon, Safety, BeiDou, Gen, Multimedia, Shanghai Electric, Generation IV reactor, Renewable energy

SHANGHAI, Dec. 26, 2023 /PRNewswire/ -- The world's first nuclear power plant project equipped with Gen IV nuclear power technology – Shidaowan High-Temperature Gas-Cooled Reactor Pebble-bed Module (HTR-PM) demonstration project, with Shanghai Electric being one of the main equipment suppliers – has entered commercial operation, following the successful completion of 168 hours of test run that confirmed all systems met the design functions.

Key Points:

SHANGHAI, Dec. 26, 2023 /PRNewswire/ -- The world's first nuclear power plant project equipped with Gen IV nuclear power technology – Shidaowan High-Temperature Gas-Cooled Reactor Pebble-bed Module (HTR-PM) demonstration project, with Shanghai Electric being one of the main equipment suppliers – has entered commercial operation, following the successful completion of 168 hours of test run that confirmed all systems met the design functions.
Generating power through the conversion of nuclear, heat, mechanical, and electricity power, the high-temperature gas-cooled reactor (HTGR), globally recognized as the fourth-generation nuclear power technology, is lauded for its inherent safety and versatility, holding immense potential for commercial applications as an alternative power solution to fossil fuel-based energy sources.
HTGR is set to reshape the future of global nuclear power development with its exceptional safety features.
In a significant stride for China's nuclear power safety and nuclear technology innovation, the successful launch of the demonstration project greatly propels China's ability to lead in the global nuclear energy sector, trailblazing future advancements in sustainable and secure energy generation.

Mirion Technologies Awarded Strategic Design Contract for X-energy’s Small Modular Reactor

Retrieved on:

Dienstag, August 15, 2023

Green Technology, Energy, Environment, Nuclear, Sustainability, Partnership, Radiation, U.S. Department of Defense Strategy for Operating in Cyberspace, Semiconductor detector, HTGR, Idaho National Laboratory, Burn up, BUMS, MIR, SMR, Knowledge, NYSE, Uranium mining

Mirion Technologies (NYSE: MIR), a leading provider of advanced radiation safety solutions, today announced a strategic design contract with X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation.

Key Points:

Mirion Technologies (NYSE: MIR), a leading provider of advanced radiation safety solutions, today announced a strategic design contract with X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation.
Per the agreement, Mirion will provide detailed design support for the Burn Up Measurement System (BUMS), a vital system for the fuel cycle of the Xe-100 high-temperature gas-cooled reactor (HTGR).
The Xe-100 Burn Up Measurement System (BUMS) is an important element of the online reactor’s fuel handling system that supports X-energy’s groundbreaking technology.
Mirion has an exceptional record of developing nuclear instrumentation to accurately and consistently perform in a range of environments.

MHI Selected as Core Company for Development of an HTGR Demonstration Reactor

Retrieved on:

Mittwoch, Juli 26, 2023

JAEA, Hydrogen, HTGR, Ministry of Economy, Trade and Industry, Research, Steel, Carbon, Japan Atomic Energy Agency, HTTR, Agency for Natural Resources and Energy, Ministry, MHI, Iron, Agency, Natural Resources, METI, Transport, Uranium mining

TOKYO, July 26, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected by Japan's Agency for Natural Resources and Energy (ANRE), part of the Ministry of Economy, Trade and Industry (METI), as the core company to lead the development of a high temperature gas-cooled reactor (HTGR) program.

Key Points:

TOKYO, July 26, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected by Japan's Agency for Natural Resources and Energy (ANRE), part of the Ministry of Economy, Trade and Industry (METI), as the core company to lead the development of a high temperature gas-cooled reactor (HTGR) program.
As the core company for this project, MHI will coordinate R&D, design, and construction of the HTGR demonstration reactor that ANRE plans to put into operation in the 2030s.
The selection of MHI as a core company reflects the recognition of its wealth of experience with the development of the HTGR, its proactive efforts in research and development, and its vast technical capabilities.
MHI will utilize and apply its accumulated technological expertise in the development of the HTGR demonstration reactor.

Paragon Energy Solutions Enters Exclusive Distribution Agreement with X-energy

Retrieved on:

Dienstag, Mai 9, 2023

FORT WORTH, Texas, May 9, 2023 /PRNewswire/ -- Paragon Energy Solutions , a leading supplier of safety-related products and components for the nuclear industry, has entered into a preferred supplier agreement with X-energy Reactor Company, LLC, a leading developer of small modular nuclear reactor and fuel technology for clean energy generation.

Key Points:

FORT WORTH, Texas, May 9, 2023 /PRNewswire/ -- Paragon Energy Solutions , a leading supplier of safety-related products and components for the nuclear industry, has entered into a preferred supplier agreement with X-energy Reactor Company, LLC, a leading developer of small modular nuclear reactor and fuel technology for clean energy generation.
Under this agreement, Paragon is the exclusive worldwide supplier for three key instrumentation and control systems for the Xe-100 advanced nuclear reactor: the Reactor Protection System (RPS), the Post-Event Monitoring System, and the Neutron Instrumentation System.
Doug VanTassell, President and CEO of Paragon, shared, "Paragon continues to partner with companies like X-energy to find optimal solutions that ensure safe operation of nuclear reactors.
"Safety is the most important objective of our company, our people, and our products – and Paragon is helping us achieve those goals.

SMR Market to Meet 2% Of Total Electricity Demand by 2043, Says IDTechEx

Retrieved on:

Dienstag, April 25, 2023

The brand new IDTechEx report, " Nuclear Small Modular Reactors (SMRs) 2023-2043 ", explores this emerging low-cost alternative to expensive large nuclear reactors, analyzing the current and future SMR market, competing technological approaches, and key players.

Key Points:

The brand new IDTechEx report, " Nuclear Small Modular Reactors (SMRs) 2023-2043 ", explores this emerging low-cost alternative to expensive large nuclear reactors, analyzing the current and future SMR market, competing technological approaches, and key players.
It includes detailed information on SMR reactors that have already entered or are close to entering service and provides regional market forecasts from 2023-2043.
Reviews of major SMR players across technologies, from universities to nuclear industry insiders to early-stage companies.
To find out more about this new IDTechEx report, including downloadable sample pages, please visit www.IDTechEx.com/SMRs .

SMR Market to Meet 2% Of Total Electricity Demand by 2043, Says IDTechEx

Retrieved on:

Dienstag, April 25, 2023

The brand new IDTechEx report, " Nuclear Small Modular Reactors (SMRs) 2023-2043 ", explores this emerging low-cost alternative to expensive large nuclear reactors, analyzing the current and future SMR market, competing technological approaches, and key players.

Key Points:

The brand new IDTechEx report, " Nuclear Small Modular Reactors (SMRs) 2023-2043 ", explores this emerging low-cost alternative to expensive large nuclear reactors, analyzing the current and future SMR market, competing technological approaches, and key players.
It includes detailed information on SMR reactors that have already entered or are close to entering service and provides regional market forecasts from 2023-2043.
Reviews of major SMR players across technologies, from universities to nuclear industry insiders to early-stage companies.
To find out more about this new IDTechEx report, including downloadable sample pages, please visit www.IDTechEx.com/SMRs .

Ultra Safe Nuclear Corporation, Hyundai Engineering, & SK ecoplant Sign MOU for Clean Hydrogen Production

Retrieved on:

Freitag, April 21, 2023

This is a carbon-free hydrogen production method that extracts hydrogen by decomposing water with electricity generated from nuclear power.

Key Points:

This is a carbon-free hydrogen production method that extracts hydrogen by decomposing water with electricity generated from nuclear power.
Through this, they plan to examine the establishment of a competitive hydrogen production system, and promote continuous research and development and verification for future hydrogen production and supply businesses.
SK E&C will establish a nuclear power-based hydrogen production system using Bloom Energy's SOEC and supply hydrogen production equipment.
It is also participating in a government-led green hydrogen production demonstration project, having been recognized for its unique technological capabilities in efficient hydrogen production.