Nuclear power

Curtiss-Wright Selected by X-energy to Develop Reactivity Control and Shutdown System for the Xe-100 Generation IV Advanced Reactor

Retrieved on: 
Monday, August 2, 2021

Curtiss-Wright Corporation (NYSE:CW) and X-energy jointly announced today that Curtiss-Wright has been selected to develop the Reactivity Control and Shutdown System for the X-energy Xe-100 Generation IV High-Temperature Gas-cooled Reactor.

Key Points: 
  • Curtiss-Wright Corporation (NYSE:CW) and X-energy jointly announced today that Curtiss-Wright has been selected to develop the Reactivity Control and Shutdown System for the X-energy Xe-100 Generation IV High-Temperature Gas-cooled Reactor.
  • This effort will leverage Curtiss-Wrights broad and diverse strengths in nuclear power generation technologies to develop an inclusive package of control rod drive mechanisms, control rods, and the associated power supply and control system.
  • Additionally, it continues our long-standing commitment to the future growth of the worldwide nuclear power market and the creation of clean, affordable energy.
  • For more information about Curtiss-Wrights nuclear reactor technologies supporting advanced nuclear reactors, please visit the Nuclear division at www.cwnuclear.com and the EMS division at www.cw-ems.com .

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

Retrieved on: 
Thursday, July 22, 2021

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.

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

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.

Oklo and Compass Secure 20-Year Commercial Partnership to Launch Advanced Fission-Powered Bitcoin Mining

Retrieved on: 
Wednesday, July 14, 2021

Oklo Inc. (Oklo) announces a 20-year commercial partnership with Compass Mining (Compass), the world's first online marketplace for Bitcoin mining hardware and hosting.

Key Points: 
  • Oklo Inc. (Oklo) announces a 20-year commercial partnership with Compass Mining (Compass), the world's first online marketplace for Bitcoin mining hardware and hosting.
  • Oklos advanced fission powerhouses will provide clean, reliable, and affordable baseload power for Compass Bitcoin mining machines, starting in the early 2020s.
  • Oklo is committed to supplying at least 150MW of clean power to Compass in the first phase of this partnership, helping drive the sustainability of Bitcoin mining practices.
  • This commercial project is scalable, and Oklo can add additional capacity to accelerate Compass sustainable mining efforts further while driving the economics of Bitcoin mining activities powered by advanced fission.

NASA Announces Nuclear Thermal Propulsion Reactor Concept Awards

Retrieved on: 
Tuesday, July 13, 2021

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.

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

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.

NuScale Power Secures Investment and Support for SMR Deployment from GS Energy

Retrieved on: 
Wednesday, June 30, 2021

NuScale Power today announced that it has finalized an investment agreement with GS Energy North America Investments (GS Energy), the U.S. entity of the South Korean leading energy services provider.

Key Points: 
  • NuScale Power today announced that it has finalized an investment agreement with GS Energy North America Investments (GS Energy), the U.S. entity of the South Korean leading energy services provider.
  • GS Energy seeks to secure a diversified and cleaner energy portfolio and is continuously exploring various forms of renewable energy and new technologies, including nuclear power.
  • As part of a long-term strategic relationship established under the agreement, GS Energy will provide a cash investment in NuScale Power and support deployment of NuScale plants.
  • NuScale is delighted to welcome GS Energys investment and commitment to commercializing Americas first small modular reactor, said John Hopkins, NuScale Power Chairman and Chief Executive Officer.

Vogtle Unit 3 reaches normal operating pressure and temperature during Hot Functional Testing

Retrieved on: 
Friday, June 25, 2021

ATLANTA, June 25, 2021 /PRNewswire/ --Georgia Power today announced Vogtle Unit 3 plant systems have successfully reached normal operating pressure and temperature during hot functional testing.

Key Points: 
  • ATLANTA, June 25, 2021 /PRNewswire/ --Georgia Power today announced Vogtle Unit 3 plant systems have successfully reached normal operating pressure and temperature during hot functional testing.
  • Over the next several weeks, plant systems will continue to be tested at normal operating pressure and temperature.
  • Hot functional testing started on April 25 and marks the last series of major tests for the new nuclear unit ahead of fuel load.
  • As part of the testing, the site team is currently running Unit 3 plant systems at normal operating pressure and temperature without nuclear fuel.

Global Nuclear Grade Zirconium Alloy Market Report 2021: Occurrence, Uses, Applications, Zircon Resources and Production, Zircon Consumption and Prices, The Influence of China & Conclusions

Retrieved on: 
Friday, June 25, 2021

DUBLIN, June 25, 2021 /PRNewswire/ -- The "Nuclear Grade Zirconium Alloy Market Outlook - 8th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 25, 2021 /PRNewswire/ -- The "Nuclear Grade Zirconium Alloy Market Outlook - 8th Edition" report has been added to ResearchAndMarkets.com's offering.
  • This updated report offers the latest analysis of the various sectors that make up the nuclear-grade zirconium sponge, alloy, materials, and tubing markets.
  • Nuclear-grade zirconium alloys and products are used in the fabrication of fuel assemblies used in the vast majority of current and future nuclear reactor designs around the world.
  • Despite the diminished growth outlook for global nuclear power over the past decade, many aspects of the international nuclear fuel supply chain continue to be of great interest.

Global Nuclear Grade Zirconium Alloy Market Outlook to 2035 - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 24, 2021

The "Nuclear Grade Zirconium Alloy Market Outlook - 8th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Nuclear Grade Zirconium Alloy Market Outlook - 8th Edition" report has been added to ResearchAndMarkets.com's offering.
  • This updated report offers the latest analysis of the various sectors that make up the nuclear-grade zirconium sponge, alloy, materials, and tubing markets.
  • Despite the diminished growth outlook for global nuclear power over the past decade, many aspects of the international nuclear fuel supply chain continue to be of great interest.
  • Enhanced analysis of the latest zirconium minerals market trends, including assessment of the recent effects of trade tensions and the COVID-19 pandemic on the zirconium market and how the future outlook for the market may impact the nuclear zirconium industry
    Updated supply forecasts with extended outlook through 2035 for each of the nuclear zirconium sponge, alloy, and tubing markets
    Renewed discussion of emerging market trends to provide a broader context to key issues, including trade and government policies affecting the zirconium sector, the evolution of accident tolerant nuclear fuels, and the hafnium market
    Improved discussion on the design of BWR and PWR fuel assemblies, the zirconium alloy components of which they are constructed, and the fuel fabrication process