Small modular reactor

ASP Isotopes Issues Letter to Stockholders

Retrieved on: 
Jeudi, avril 11, 2024
Consensus, FDA, Nuclear energy, Uranium, Memorandum, Void coefficient, SMR, Intelligence, Prostate cancer, Isotope, ASP, Silicon, Annual report, Yoy, PET, Semiconductor, Private, DOE, Acceleration, Safety, GE HealthCare, Small modular reactor, Artificial intelligence, Coal, Nuclear Energy Institute, Exercise, Isotopes of ytterbium, NEI, Cyclotron, Laser, Radiopharmaceutical, Government, FDG, Silane, Sale, Lithium, Lutetium (177Lu) vipivotide tetraxetan, LEU, Lutetium, Radionuclide, Electronics, ASPI, Letter, Growth, Rare-earth element

WASHINGTON, April 11, 2024 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASPI,” or the “Company”), an advanced materials company dedicated to the development of technology and processes designed to produce isotopes used in multiple industries, today released the following letter to stockholders from its Chairman and CEO, Paul Mann.

Key Points: 
  • WASHINGTON, April 11, 2024 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASPI,” or the “Company”), an advanced materials company dedicated to the development of technology and processes designed to produce isotopes used in multiple industries, today released the following letter to stockholders from its Chairman and CEO, Paul Mann.
  • The contract required RC14 to provide an irrevocable standby letter of credit in lieu of a deposit, which was received.
  • Our proprietary technology has proven capabilities to enrich a wide range of isotopes, including light isotopes and lighter molecules, such as silane (SiH4).
  • ASP Isotopes’ goal is to become the lowest cost and most reliable supplier of stable isotopes globally.

BWXT Announces Expansion of Cambridge Manufacturing Plant to Support Global Nuclear Power Market

Retrieved on: 
Vendredi, avril 19, 2024
Manufacturing, Energy, Nuclear, Engineering, Utilities, BWX Technologies, Climate change, Investment, Ontario Power Generation, Government, Risk, Power plant engineering, Small modular reactor, TerraPower, Electricity, OPG, Growth, Foot, Nuclear energy, BWXT, Bruce Power, Work, Form 10-K, Natural Resources, Annual report, Renewable energy

BWX Technologies, Inc. (NYSE: BWXT) announced today an investment to expand its Cambridge manufacturing plant.

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) announced today an investment to expand its Cambridge manufacturing plant.
  • At the same time, the global nuclear industry is increasingly being called upon to mitigate the impacts of climate change and increase energy security and independence.
  • Rex Geveden, president and Chief Executive Officer, BWXT, stated, “There is a sharp increase in government interest and funding for nuclear power, globally.
  • BWX Technologies, Inc. (“BWXT”) cautions that this release contains forward-looking statements, including statements relating to expectations for the timing and impact of the expansion of the Cambridge manufacturing plant.

Westinghouse Congratulates Energoatom on Start of AP1000® Work at Khmelnytskyi NPP

Retrieved on: 
Lundi, avril 15, 2024
Nuclear, Technology, Energy, Security, Petro, Watt, Memorandum, News, Small modular reactor, Partnership, The Electric Company, SMR, AP1000, Khmelnytskyi, Ukraine, Energoatom, Multimedia, Private sector, Second, Westinghouse Electric Company, Generation, VVER, Uranium mining

Westinghouse Electric Company congratulates Energoatom, the state-owned nuclear utility of Ukraine, on the start of AP1000® activities at Khmelnytskyi Unit 5 in Ukraine.

Key Points: 
  • Westinghouse Electric Company congratulates Energoatom, the state-owned nuclear utility of Ukraine, on the start of AP1000® activities at Khmelnytskyi Unit 5 in Ukraine.
  • View the full release here: https://www.businesswire.com/news/home/20240415282247/en/
    Westinghouse Electric Company congratulates Energoatom on the start of AP1000® activities at Khmelnytskyi Unit 5 in Ukraine.
  • (Photo: Business Wire)
    Today’s news follows the arrival of the first batch of Westinghouse VVER-1000 nuclear fuel for the two operating units at the Khmelnytskyi Nuclear Power Plant in March 2024.
  • This milestone strengthens the existing strategic partnership between Westinghouse and Energoatom to supply all VVER nuclear fuel for the country’s nuclear fleet.

ASP Isotopes Inc. Enters Into a Contract with U.S.-Based Small Modular Reactor (SMR) Company for Project Focused on Engineering Design and Planning for Enrichment Facility for the Production of Advanced Nuclear Fuels

Retrieved on: 
Lundi, avril 8, 2024
Nuclear fusion, Isotope, Uranium, Small modular reactor, ASP, Carbon, SMR, HALEU, IEA, ASPI, Renewable energy

The advanced nuclear fuels required during the next fifty years are expected to differ significantly from those used in the last fifty years.

Key Points: 
  • The advanced nuclear fuels required during the next fifty years are expected to differ significantly from those used in the last fifty years.
  • Without these advanced nuclear fuels, the world stands little chance of meeting 2050 climate goals.
  • Specifically, many SMRs in the future will require HALEU (High Assay Low Enriched Uranium) and nuclear fusion will require Lithium-6.
  • To meet 2050 climate goals, this must occur with a zero increase in carbon emissions.

Prodigy Clean Energy and Des Nëdhé Group Exploring Microreactor Transportable Nuclear Power Plants (TNPPs) for Remote Applications

Retrieved on: 
Mardi, mars 19, 2024
Other Manufacturing, Manufacturing, Nuclear, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Environment, Other Energy, Urban Planning, Utilities, Oil, Gas, Green Technology, Maritime, Alternative Energy, Transport, Energy, Philanthropy, Mining, Minerals, Foundation, Natural Resources, Electricity, MOU, Prodigy, First Nations, Indigenous peoples, Westinghouse, Small modular reactor, Economic development corporation, History, SMR, Workforce, Multimedia, Economic development

Today, in a major step toward Indigenous Economic Reconciliation, Prodigy Clean Energy and Des Nëdhé Group announce a Memorandum of Understanding to develop opportunities to power remote mines and communities in Canada utilizing Prodigy microreactor Transportable Nuclear Power Plants (TNPPs).

Key Points: 
  • Today, in a major step toward Indigenous Economic Reconciliation, Prodigy Clean Energy and Des Nëdhé Group announce a Memorandum of Understanding to develop opportunities to power remote mines and communities in Canada utilizing Prodigy microreactor Transportable Nuclear Power Plants (TNPPs).
  • View the full release here: https://www.businesswire.com/news/home/20240319500038/en/
    Conceptual illustration of Prodigy’s Microreactor Power Station™ TNPP.
  • Prodigy is collaborating with Westinghouse to develop a TNPP outfitted with the Westinghouse eVinci™ microreactor, that would be suitable for these applications.
  • “Prodigy’s microreactor TNPP offers a near-term solution to transition remote locations off of diesel,” said Mathias Trojer, President and CEO, Prodigy Clean Energy.

Global Small Modular Reactors (SMR) Industry Report 2024: By 2050, the Market is Anticipated to Achieve an Annual Value of $3.9 Trillion

Retrieved on: 
Mardi, mars 19, 2024
Research, Climate change, BWXT, TerraPower, Sodium, Small modular reactor, Nuclear energy, SMR, Safety, Coal, FCM, Silicon, Renewable energy

DUBLIN, March 19, 2024 /PRNewswire/ -- The "Small Modular Reactors (SMR): Market Shares, Strategies, and Forecasts 2024-2050" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 19, 2024 /PRNewswire/ -- The "Small Modular Reactors (SMR): Market Shares, Strategies, and Forecasts 2024-2050" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering.
  • Small Modular Reactors (SMRs) present an alluring prospect in the field of nuclear energy by offering the potential for reusing spent nuclear fuel.
  • This process not only contributes to sustainability but also enhances the efficiency of nuclear waste management.
  • Recycling waste fuel not only minimizes waste volume but also reduces the demand for raw materials, presenting economic and environmental advantages.

Westinghouse Releases Report on Economic Impact of AP1000® Deployment in Canada

Retrieved on: 
Mercredi, février 28, 2024
Nuclear, Energy, Other Energy, Engineering, Generation, Westinghouse, AP1000, CDN, GDP, Small modular reactor, PwC, The Electric Company, Employment, Economics, Westinghouse Electric Company, Gross domestic product, Watt, Renewable energy

Westinghouse Electric Company released a comprehensive, independent report today from PricewaterhouseCoopers LLC (PwC) outlining the significant economic impact for Canada by deploying four AP1000® units in Ontario.

Key Points: 
  • Westinghouse Electric Company released a comprehensive, independent report today from PricewaterhouseCoopers LLC (PwC) outlining the significant economic impact for Canada by deploying four AP1000® units in Ontario.
  • Once operational, the units would create an additional $8.1 billion in GDP and support more than 12,000 jobs annually.
  • “Our globally-deployed AP1000 reactor fleet is a licensed and proven technology that provides exceptional availability and economics across the world,” said David Durham, President of Westinghouse Energy Systems.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

Westinghouse Initiates UK Generic Design Assessment Process for the AP300™ Small Modular Reactor

Retrieved on: 
Mardi, février 13, 2024
Manufacturing, Energy, Nuclear, Engineering, Utilities, Multimedia, Gen, SMR, Power plant engineering, Westinghouse, AP1000, GDA, Small modular reactor, EUR, The Electric Company, Pedigree, CNP, Westinghouse Electric Company

Westinghouse Electric Company announced today it has formally submitted an application to the U.K. Department of Energy Security and Net Zero (DESNZ) for approval to enter the General Design Assessment (GDA) of the AP300™ Small Modular Reactor (SMR).

Key Points: 
  • Westinghouse Electric Company announced today it has formally submitted an application to the U.K. Department of Energy Security and Net Zero (DESNZ) for approval to enter the General Design Assessment (GDA) of the AP300™ Small Modular Reactor (SMR).
  • This is the first step in the formal licensing process within the U.K.
  • View the full release here: https://www.businesswire.com/news/home/20240213946891/en/
    The Westinghouse AP300 SMR is the only SMR based on proven, deployed nuclear technology.
  • The AP300 small modular reactor is the only SMR based on an advanced, large Generation III+ reactor already in operation globally – Westinghouse’s proven AP1000® technology, which is licensed in the U.K.

Unlocking Ontario's Sustainable Energy Future with Long Duration Energy Storage

Retrieved on: 
Mercredi, janvier 24, 2024
Research, Policy, Electricity, IESO, Information economy, Independent Electricity System Operator, Western Canada, ESC, Education, SMR, Small modular reactor, Growth, Renewable energy

TORONTO, Jan. 24, 2024 /CNW/ - Today Canada's national trade association for energy storage, Energy Storage Canada (ESC), released a foundational report on the benefits of Long Duration Energy Storage (LDES) in Ontario.

Key Points: 
  • TORONTO, Jan. 24, 2024 /CNW/ - Today Canada's national trade association for energy storage, Energy Storage Canada (ESC), released a foundational report on the benefits of Long Duration Energy Storage (LDES) in Ontario.
  • The report identifies a minimum of 6 gigawatts (GW) of +10-hour duration energy storage starting in 2032.
  • "The IESO needs to capitalize on that momentum and continue future-proofing our energy system by making a clear commitment to procuring cost-saving Long Duration Energy Storage (LDES) resources.
  • Long duration energy storage will save the world economy $540 billion and transform into a trillion-dollar industry by 2040.

ASP Isotopes Inc. Provides Corporate Update

Retrieved on: 
Mercredi, janvier 10, 2024
Laser, ASPI, Isotope, ASP, Microsoft, Small modular reactor, FDA, HALEU, Rare-earth element

WASHINGTON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today provided a corporate update regarding the Company’s operations in Pretoria, South Africa.

Key Points: 
  • -Commenced the construction of the Company’s third isotope enrichment facility in South Africa, for the production of Ytterbium-176.
  • Expects the facility to have production capacity of kilogram quantities of 99.55% 176Yb, and to commence operations in 2025.
  • WASHINGTON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today provided a corporate update regarding the Company’s operations in Pretoria, South Africa.
  • Quantum Enrichment utilizes lasers and is intended to revolutionize isotope production of certain isotopes such as Ytterbium-176, Nickel-64, HALEU and Lithium-6.