Nuclear technology

NuScale Power Secures Investment and Support from Samsung C&T Corporation for Global SMR Deployment

Retrieved on: 
Thursday, July 22, 2021
Manufacturing, Energy, Environment, Nuclear, Engineering, Companies, Nuclear technology, Nuclear power stations, Nuclear energy in the United States, Nuclear reactors, NuScale Power, Small modular reactor, Samsung, Fluor Corporation, Nuclear power, Barakah nuclear power plant

NuScale Power announced today Samsung C&T Corporation (Samsung C&T) has committed to make an equity investment in NuScale to support deployment of its groundbreaking small modular reactor (SMR).

Key Points: 
  • NuScale Power announced today Samsung C&T Corporation (Samsung C&T) has committed to make an equity investment in NuScale to support deployment of its groundbreaking small modular reactor (SMR).
  • Samsung C&T, a trusted nuclear power plant contractor, participated in construction of the four unit Barakah Nuclear Power Plant in the United Arab Emirates.
  • NuScale is excited to draw upon Samsung C&Ts proven track record as a leading nuclear engineering and construction partner, said John Hopkins, NuScale Power Chairman and Chief Executive Officer.
  • Samsung C&T is delighted to invest in and explore global carbon-free power opportunities together with NuScale Power and Fluor Corporation, leading companies in the SMR nuclear business.

Lightbridge CEO Seth Grae to Present at CleanEquity® Monaco 2021 on Thursday, July 22nd

Retrieved on: 
Wednesday, July 21, 2021
Physical sciences, Nuclear technology, Cision, Nuclear fuel, Fuel, Articles

RESTON, Va., July 21, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that President and CEO Seth Grae will present at CleanEquity Monaco 2021 on Thursday, July 22nd at 11:05 CEST (5:05am ET).

Key Points: 
  • RESTON, Va., July 21, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that President and CEO Seth Grae will present at CleanEquity Monaco 2021 on Thursday, July 22nd at 11:05 CEST (5:05am ET).
  • Other partners and sponsors include Prince Albert II of Monaco's Foundation, Cision, Covington & Burling, Cranfield University, MIT Solve, the Monaco Economic Board, and Taronis Fuels.
  • Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company positioned to enable carbon-free energy applications that will be essential in preventing climate change.
  • To date, Lightbridge has been awarded twice by the U.S. Department of Energys Gateway for Accelerated Innovation in Nuclear program to support development of Lightbridge Fuel.

Westinghouse Announces Contract Extensions, Delivering Outage Confidence to U.S. Nuclear Fleet

Retrieved on: 
Wednesday, July 21, 2021
Nuclear power stations, Nuclear technology, Brookfield Asset Management, Toshiba, Westinghouse Electric Company, Pressurized water reactor, Westinghouse, Steam generator, Anti-nuclear protests in the United States, Nuclear power in the United States, International Reactor Innovative and Secure

Under the terms of the agreement, Westinghouse will continue to deliver world-class outage support to the Sequoyah and Watts Bar nuclear plants beginning in the fall 2021 outage season.

Key Points: 
  • Under the terms of the agreement, Westinghouse will continue to deliver world-class outage support to the Sequoyah and Watts Bar nuclear plants beginning in the fall 2021 outage season.
  • The multi-year contract extensions will secure the supply of pressurized water reactor (PWR) refueling, as well as steam generator (SG) inspection and maintenance services.
  • Through partnership with nuclear utilities, Westinghouse continues to provide best-in-class field services that help reduce outage duration and costs.
  • Westinghouse Electric Company is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world.

Nuclear Electricity Global Market Report 2021: COVID-19 Impact and Recovery to 2030 for the $2762 Billion industry - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 21, 2021
Utilities, Energy, Articles, Energy, Energy conversion, Nuclear power, Nuclear technology, Energy policy, Emissions reduction, Nuclear power phase-out, Nuclear power in the United States

The "Nuclear Electricity Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Nuclear Electricity Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Nuclear Electricity Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global nuclear electricity market as it emerges from the COVID-19 shut down.
  • The nuclear electricity market consists of sales of nuclear electric power and related services that convert nuclear energy into electrical energy.
  • The nuclear electricity industry includes establishments that operate nuclear power plants which use uranium as a fuel to generate electricity.

Doosan Heavy Industries and Construction Completes Fourth Investment in NuScale Power

Retrieved on: 
Tuesday, July 20, 2021
Engineering, Technology, Manufacturing, Energy, Nuclear, Hardware, Engines, Nuclear technology, Nuclear energy in the United States, Companies, NuScale Power, Doosan Group, Doosan Heavy Industries & Construction, Small modular reactor

NuScale Power announced today Doosan Heavy Industries and Construction (DHIC) has agreed to complete a cash investment in NuScale to continue to support deployment of its groundbreaking small modular reactor (SMR).

Key Points: 
  • NuScale Power announced today Doosan Heavy Industries and Construction (DHIC) has agreed to complete a cash investment in NuScale to continue to support deployment of its groundbreaking small modular reactor (SMR).
  • The strategic relationship between NuScale and DHIC was established in 2019 , and resulted in NuScale awarding DHIC a manufacturing consulting services contract.
  • Through this additional investment, Doosan and NuScale Power will further solidify their strategic cooperative relationship, said Geewon Park, Chairman and Chief Executive Officer of Doosan Heavy Industries & Construction.
  • Doosan Heavy Industries & Construction is a leading Engineering, Procurement and Construction (EPC) contractor offering a wide range of services ranging from the manufacturing of castings and forgings, power generation systems and desalination facilities to the construction of power plants.

Oklo Announces Public Report Submittals Detailing Innovative Foundational Methods for Licensing Advanced Fission Technologies

Retrieved on: 
Tuesday, July 13, 2021
Technology, Public policy, Government, Science, Other Energy, Utilities, Alternative energy, Security, Energy, Research, Nuclear, White House, Federal Government, Other Technology, Public policy, Software, Environment, Hardware, Data management, Physical sciences, Energy technology, Energy, Nuclear technology, Energy conversion, Pressure vessels, Actinides, Nuclear reactor, Uranium

Oklo Inc. announces the publication of two methodology reports to enable advanced fission reactors to meet regulatory requirements by moving from prescriptive and outdated methods to modern and performance-based methods.

Key Points: 
  • Oklo Inc. announces the publication of two methodology reports to enable advanced fission reactors to meet regulatory requirements by moving from prescriptive and outdated methods to modern and performance-based methods.
  • Although the existing regulatory framework is based on large, light water reactors, small and innovative advanced fission technologies can utilize these methods to develop their design and analysis and assure safety in a thorough, modern way.
  • First, they are an essential part of the current Oklo combined license application review currently underway at the U.S. Nuclear Regulatory Commission (NRC).
  • Together, they show how an advanced fission technology assures safety from design and analysis through construction and operation.

NASA Announces Nuclear Thermal Propulsion Reactor Concept Awards

Retrieved on: 
Tuesday, July 13, 2021
Energy technology, Energy, Nuclear physics, Nuclear technology, Energy conversion, Nuclear chemistry, Nuclear reprocessing, Nuclear thermal rocket, Nuclear reactor, Nuclear propulsion, Nuclear power, Nuclear fuel

The government teamhas selected three reactor design concept proposals for a nuclear thermal propulsion system.

Key Points: 
  • The government teamhas selected three reactor design concept proposals for a nuclear thermal propulsion system.
  • The reactor is a critical component of a nuclear thermal engine, which would utilize high-assay low-enriched uranium fuel.
  • "INL is excited to enable the development of nuclear propulsion technology for potential use by NASA in future space exploration," said Dr. Stephen Johnson, national technical director for space nuclear power and director of the Space Nuclear Power and Isotope Technologies Division at INL.
  • Maturing fission surface power can also help inform nuclear electric propulsion systems, another candidate propulsion technology for distant destinations.

Parsons’ SWPF Surpasses 1 Million Gallons of Processed Nuclear Waste

Retrieved on: 
Monday, July 12, 2021
Nuclear technology, Nuclear physics, Radioactive waste, Nuclear technology in the United States, Savannah River Site, Atomic tourism, Salt Waste Processing Facility, Hazardous waste, Science and technology in the United States

CENTREVILLE, Va., July 12, 2021 (GLOBE NEWSWIRE) -- The Department of Energys (DOE) Salt Waste Processing Facility (SWPF) a first-of-a-kind, one-of-a-kind facility that was designed, built, and is being operated by Parsons Corporation (NYSE: PSN) has successfully processed more than 1 million gallons of radioactive nuclear waste.

Key Points: 
  • CENTREVILLE, Va., July 12, 2021 (GLOBE NEWSWIRE) -- The Department of Energys (DOE) Salt Waste Processing Facility (SWPF) a first-of-a-kind, one-of-a-kind facility that was designed, built, and is being operated by Parsons Corporation (NYSE: PSN) has successfully processed more than 1 million gallons of radioactive nuclear waste.
  • In 2002, the DOE selected Parsons to design, build, commission, and operate SWPF with the goal of processing 32million gallons of radioactive salt waste stored in underground tanks at the Savannah River Site (SRS).
  • Parsons finished building SWPF in April 2016, eightmonths ahead of schedule and more than $65million under the target cost of the contract for construction activities.
  • SWPF operations and the resulting increased treatment capacity delivers immense value to the nation by increasing the efficiency and volume of processed nuclear waste, greatly reducing the time needed to accomplish the nuclear remediation mission.

United Engineers & Constructors Joint Venture, The Steam Generating Team, Awarded Steam Generator Replacement Contract for Units 3 and 4 at Bruce Nuclear Generating Station

Retrieved on: 
Friday, July 9, 2021
Engineering, Other Energy, Utilities, Environment, Manufacturing, Energy, Nuclear, Nuclear power stations, Électricité de France, Nuclear technology, Bruce Nuclear Generating Station, OMERS, Ontario Power Generation, Ontario electricity policy, Framatome, Economy of Ontario, Bruce Power, Electric generator, Power station, United, Framatome, UNITED, FRAMATOME

The Steam Generating Team (SGT), a partnership between Framatome and United Engineers & Constructors, Inc. (United), recently announced that the Steam Generator Replacement Team (SGRT) was awarded an approximately CA$350 million (US$284 million) contract with Bruce Power to replace steam generators at Units 3 and 4 of the Bruce Nuclear Generating Station in Ontario, Canada.

Key Points: 
  • The Steam Generating Team (SGT), a partnership between Framatome and United Engineers & Constructors, Inc. (United), recently announced that the Steam Generator Replacement Team (SGRT) was awarded an approximately CA$350 million (US$284 million) contract with Bruce Power to replace steam generators at Units 3 and 4 of the Bruce Nuclear Generating Station in Ontario, Canada.
  • With our partners at SGRT, we are proud to support Bruce Power on its Major Component Replacement Project and its continued delivery of reliable, low-carbon electricity.
  • In 2017, SGRT signed a long-term Preferred Supplier Agreement for steam generator replacements at the plants remaining five units as part of the Major Component Replacement Project.
  • www.ueci.com
    Framatome is an international leader in nuclear energy recognized for its innovative solutions and value added technologies for the global nuclear fleet.

Cameco, GE Hitachi and Global Nuclear Fuel to Examine Potential Collaboration to Support BWRX-300 Small Modular Reactor Deployment

Retrieved on: 
Wednesday, July 7, 2021
Energy technology, Energy, Nuclear physics, Nuclear technology, Energy conversion, Nuclear reprocessing, Nuclear reactor, CANDU reactor, Nuclear fuel, Nuclear power, Candu, Boiling water reactor

Cameco supplies uranium, uranium refining and conversion services to the nuclear industry worldwide and is a leading manufacturer of fuel assemblies and reactor components for CANDU reactors.

Key Points: 
  • Cameco supplies uranium, uranium refining and conversion services to the nuclear industry worldwide and is a leading manufacturer of fuel assemblies and reactor components for CANDU reactors.
  • Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors.
  • Established in 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry.
  • Global Nuclear Fuel (GNF) is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services.