Nuclear energy in the United States

Fluor Announces $20 Million IHI Corporation Investment in NuScale Power

Retrieved on: 
Wednesday, May 26, 2021
Other Manufacturing, Construction & Property, Consulting, Engineering, Professional services, Manufacturing, Energy, Nuclear, Other Construction & Property, Nuclear energy in the United States, Nuclear reactors, Nuclear technology, Engines, NuScale Power, Energy, Fluor Corporation, IHI Corporation, Small modular reactor, IHI, FLR, Fluor

Fluor Corporation (NYSE: FLR) announced today that IHI Corporation (IHI) of Japan is investing $20 million into NuScale Power LLC, a leading small modular nuclear reactor (SMR) technology company in which Fluor is the majority investor.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that IHI Corporation (IHI) of Japan is investing $20 million into NuScale Power LLC, a leading small modular nuclear reactor (SMR) technology company in which Fluor is the majority investor.
  • IHIs immediate investment of $20 million may be followed by another $20 million later.
  • This significant investment by IHI also aligns with Fluors strategy to bring aboard new strategic investors to NuScale.
  • The investment from IHI comes on the heels of a previously announced investment in NuScale and new strategic partnership by JGC Holdings Corporation with Fluor, further demonstrating the global support of NuScale.

NuScale Power and Grant County Public Utility District Sign Memorandum of Understanding to Explore Nuclear Energy Deployment in Washington State

Retrieved on: 
Wednesday, May 26, 2021
Alternative energy, Energy, Environment, Nuclear, Utilities, Energy, Articles, Energy conversion, Nuclear energy in the United States, Nuclear reactors, NuScale Power, Grant County Public Utility District, Nuclear power, Pud, Pud, Light-water reactor, District heating

Today, NuScale Power and Grant County Public Utility District (Grant PUD) announced the signing of a memorandum of understanding (MOU) to evaluate the deployment of NuScales advanced nuclear technology in Central Washington.

Key Points: 
  • Today, NuScale Power and Grant County Public Utility District (Grant PUD) announced the signing of a memorandum of understanding (MOU) to evaluate the deployment of NuScales advanced nuclear technology in Central Washington.
  • The utility also serves 40,000 retail customers in Grant County, which includes an expanding industrial sector.
  • Grant PUD is a forward-thinking leader in managing and securing affordable, reliable, clean energy for its customers.
  • NuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, and other process heat applications.

NuScale Power Chief Technology Officer and Co-Founder Awarded American Nuclear Society’s Prestigious Walter H. Zinn Medal

Retrieved on: 
Tuesday, May 18, 2021
Nuclear, Energy, Other Energy, Articles, Energy technology, Energy, Nuclear energy in the United States, Nuclear reactors, NuScale Power, Walter Zinn, Nuclear power

b"Today, NuScale Power and the American Nuclear Society (ANS) are pleased to announce that NuScale\xe2\x80\x99s Chief Technology Officer and Co-founder, Dr. Jose N. Reyes, has been selected as the 2021 Walter H. Zinn Medal recipient.

Key Points: 
  • b"Today, NuScale Power and the American Nuclear Society (ANS) are pleased to announce that NuScale\xe2\x80\x99s Chief Technology Officer and Co-founder, Dr. Jose N. Reyes, has been selected as the 2021 Walter H. Zinn Medal recipient.
  • The Zinn Medal acknowledges and celebrates an individual\xe2\x80\x99s outstanding contributions to the advancement or implementation of nuclear technology.
  • Specifically, Dr. Reyes is being recognized for \xe2\x80\x9crevolutionizing 21st century nuclear power\xe2\x80\x9d by co-founding NuScale and designing its innovative NuScale Power Module design.\n\xe2\x80\x9cI am incredibly honored to receive this designation and join the ranks of the respected Zinn Medal awardees.
  • The organization has brought the benefits of nuclear research and power to society since its founding in 1954.

NuScale and Prodigy Sign Memorandum of Understanding to Support Business Development for a Marine-Deployed Nuclear Generating Station Powered by the NuScale Small Modular Reactor

Retrieved on: 
Friday, May 14, 2021
Engineering, Maritime, Environment, Transport, Manufacturing, Energy, Nuclear, Nuclear technology, Energy technology, Energy, Nuclear energy in the United States, Nuclear reactors, NuScale Power, Energy conversion, Small modular reactor, Pressurized water reactor

b"Today, NuScale Power and Prodigy Clean Energy, a Canadian company that designs and develops marine nuclear plants for safe, affordable and sustainable energy generation, announced a second Memorandum of Understanding (MOU) to support business development opportunities for a marine-deployed nuclear generating station powered by the NuScale Small Modular Reactor (SMR).

Key Points: 
  • b"Today, NuScale Power and Prodigy Clean Energy, a Canadian company that designs and develops marine nuclear plants for safe, affordable and sustainable energy generation, announced a second Memorandum of Understanding (MOU) to support business development opportunities for a marine-deployed nuclear generating station powered by the NuScale Small Modular Reactor (SMR).
  • Prodigy\xe2\x80\x99s SMR Marine Power Station would be shipyard-fabricated, and marine-transported to its deployment location, where it would be moored in place in sheltered and protected waters at the shoreline.
  • This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module\xe2\x84\xa2 capable of generating 77 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology.
  • Follow us on Twitter: @NuScale_Power , Facebook: NuScale Power, LLC , LinkedIn: NuScale-Power , and Instagram: nuscale_power .

Houston Needs More Than a Week for Infrastructure

Retrieved on: 
Thursday, May 13, 2021
Other Transport, Construction & Property, Trucking, Rail, Maritime, Urban planning, Transport, Public policy, Government, State, Local, Logistics, Supply chain management, Articles, Economy, Civil engineering, Donald Trump, Infrastructure, Infrastructure policy of Donald Trump, Nuclear energy in the United States, Renewable energy in the United States, Deepening, Houston, Ship channel

b'Each May, we celebrate National Infrastructure Week to advocate for better roads, bridges, rail, waterways, water supply, flood control, aviation, and of course, our Port.

Key Points: 
  • b'Each May, we celebrate National Infrastructure Week to advocate for better roads, bridges, rail, waterways, water supply, flood control, aviation, and of course, our Port.
  • Infrastructure needs more than a week of focus, however.
  • Partnering with the Army Corps of Engineers, a new path is being struck for widening and deepening the Houston Ship Channel.
  • And while we make investments in the local share of the ship channel, we are fortunate to receive INFRA and Port Infrastructure grants to augment the cash needs.

Lightbridge CEO Seth Grae Reappointed to Civil Nuclear Trade Advisory Committee (CINTAC) to U.S. Secretary of Commerce

Retrieved on: 
Thursday, May 13, 2021
Nuclear energy in the United States, Nuclear power in the United States

b"RESTON, Va., May 13, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (\xe2\x80\x9cLightbridge,\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (NASDAQ: LTBR), an advanced nuclear fuel technology company, is pleased to announce that Lightbridge President and CEO Seth Grae has been reappointed by U.S. Secretary of Commerce Gina Raimondo to the Civil Nuclear Trade Advisory Committee (CINTAC) as a representative from Lightbridge Corporation and of small business companies in the U.S. nuclear energy sector, effective immediately.

Key Points: 
  • b"RESTON, Va., May 13, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (\xe2\x80\x9cLightbridge,\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (NASDAQ: LTBR), an advanced nuclear fuel technology company, is pleased to announce that Lightbridge President and CEO Seth Grae has been reappointed by U.S. Secretary of Commerce Gina Raimondo to the Civil Nuclear Trade Advisory Committee (CINTAC) as a representative from Lightbridge Corporation and of small business companies in the U.S. nuclear energy sector, effective immediately.
  • As a member of CINTAC, Mr. Grae participates in the committee\xe2\x80\x99s duty to advise Secretary Raimondo on developing and administering programs and policies to expand U.S. exports of civil nuclear goods and services.\nCINTAC is composed of private-sector representatives from the nuclear power industry.
  • CINTAC meets periodically throughout the year to discuss the most pressing trade issues facing the U.S. civil nuclear sector, contribute to policy discussions, and work with government leaders.\nSeth Grae, President and CEO of Lightbridge Corporation, commented, \xe2\x80\x9cI am honored to be a member of this esteemed committee and to participate in its advisory roles to Secretary Raimondo.
  • To date, Lightbridge has been awarded twice by the U.S. Department of Energy\xe2\x80\x99s Gateway for Accelerated Innovation in Nuclear program to support development of Lightbridge Fuel\xe2\x84\xa2.

NuScale Engages Guggenheim Securities to Explore Financing Options

Retrieved on: 
Friday, May 7, 2021
Professional services, Utilities, Environment, Energy, Finance, Consulting, Nuclear, Nuclear energy in the United States, Nuclear technology, Nuclear reactors, NuScale Power, Economy of the United States, Small modular reactor, Fluor Corporation, Guggenheim Partners, FLR, Finance

b'NuScale Power, LLC ("NuScale"), today announced that it has retained Guggenheim Securities, LLC, a leading financial advisory and capital markets firm, to explore financing options to accelerate the commercialization of the Company\xe2\x80\x99s groundbreaking small modular reactor (SMR) technology.

Key Points: 
  • b'NuScale Power, LLC ("NuScale"), today announced that it has retained Guggenheim Securities, LLC, a leading financial advisory and capital markets firm, to explore financing options to accelerate the commercialization of the Company\xe2\x80\x99s groundbreaking small modular reactor (SMR) technology.
  • NuScale is majority owned by Fluor Corporation (\xe2\x80\x9cFluor\xe2\x80\x9d) (NYSE: FLR), a global engineering, procurement and construction (EPC) company.\n"We are incredibly excited by the opportunities ahead for NuScale as the leader in the small modular reactor technology market.
  • \xe2\x80\x9cGiven the level of interest from potential customers, investors and partners and growing global demand for clean energy alternatives, we have engaged Guggenheim Securities to evaluate the right options to raise additional capital and accelerate the development of our carbon-free power solution.
  • Follow us on Twitter: @NuScale_Power , Facebook: NuScale Power, LLC , LinkedIn: NuScale-Power , and Instagram: nuscale_power .

Final module placed for Vogtle 3 & 4 project

Retrieved on: 
Monday, April 26, 2021
Nuclear energy in the United States, Nuclear technology, Energy, Nuclear power by country, AP1000, Nuclear energy in Bulgaria, Nuclear energy in China, Nuclear energy in the United Kingdom, Vogtle Electric Generating Plant, Passive nuclear safety

The placement also represents the last major crane lift at the project site.\nThe Passive Containment Cooling Water Storage Tank, known as CB-20, is a major part of the AP1000 reactor\'s advanced passive safety system.

Key Points: 
  • The placement also represents the last major crane lift at the project site.\nThe Passive Containment Cooling Water Storage Tank, known as CB-20, is a major part of the AP1000 reactor\'s advanced passive safety system.
  • These systems use only natural forces such as gravity, natural circulation and compressed gas to achieve their safety function.
  • Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D.
  • Georgia Power expressly disclaims any obligation to update any forwardlooking information.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/final-module-placed-for-vogtle-3...\n'

NuScale Power Secures $40 Million Investment, Support for SMR Deployment from JGC Holdings Corporation

Retrieved on: 
Monday, April 5, 2021
Alternative energy, Energy, Environment, Nuclear, Utilities, Nuclear energy in the United States, Nuclear reactors, NuScale Power, Fluor Corporation, Economy of the United States, Energy, JGC Corporation, Fluor

As part of a commercial relationship with Fluor Corporation NuScales majority investor and EPC partner in the United States JGC HD will provide a $40 million cash investment in NuScale Power and partner with Fluor on the deployment of NuScale Power Plants.

Key Points: 
  • As part of a commercial relationship with Fluor Corporation NuScales majority investor and EPC partner in the United States JGC HD will provide a $40 million cash investment in NuScale Power and partner with Fluor on the deployment of NuScale Power Plants.
  • JGC HDs investment and partnership with NuScale Power is a welcome endorsement of our SMR technology and its international viability, said NuScale Chairman and Chief Executive Officer John Hopkins.
  • The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 70-year history in commercial nuclear power.
  • JGC Holdings Corporation is a holding company comprising world-leading EPC contractor group companies as well as functional materials manufacturing companies.

Fluor Announces $40 Million Investment in NuScale Power by JGC Holdings Corporation

Retrieved on: 
Monday, April 5, 2021
Other Energy, Utilities, Nuclear, Alternative energy, White House, Federal Government, Energy, Other Construction & Property, State, Local, Construction & Property, Engineering, Manufacturing, Public policy, Government, Nuclear energy in the United States, Nuclear reactors, Nuclear technology, NuScale Power, Fluor Corporation, Energy, Economy of the United States, JGC Corporation, FLR, Small modular reactor, Fluor

Fluor Corporation (NYSE: FLR) announced today that JGC Holdings Corporation of Japan invested $40 million into NuScale Power LLC, a leading small modular nuclear reactor (SMR) technology company in which Fluor is the majority investor.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that JGC Holdings Corporation of Japan invested $40 million into NuScale Power LLC, a leading small modular nuclear reactor (SMR) technology company in which Fluor is the majority investor.
  • Fluor has been collaboratively executing projects with JGC for more than 10 years and we believe JGC is an ideal partner for effectively bringing this innovative carbon-free energy transition solution to realization.
  • Fluor and NuScale are currently working for Utah Associated Municipal Power Systems (UAMPS) to bring the worlds first carbon-free SMR project to commercialization.
  • JGC Holdings Corporation is a holding company comprising world-leading EPC contractor group companies as well as functional materials manufacturing companies.