SMR

COP28 Event Hosted by KHNP Highlights Nuclear Energy's Crucial Role in a Carbon-Free Future

Retrieved on: 
Saturday, December 2, 2023

DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the state-run energy company of Korea, hosted an event titled, 'The Role of Nuclear Energy in Accelerating a Carbon-Free Future,' today at the KHNP Pavilion during the 28th United Nations Climate Change Conference (COP28).

Key Points: 
  • DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the state-run energy company of Korea, hosted an event titled, 'The Role of Nuclear Energy in Accelerating a Carbon-Free Future,' today at the KHNP Pavilion during the 28th United Nations Climate Change Conference (COP28).
  • This event showcased Korea's innovative net-zero nuclear solutions and explored the crucial role of nuclear energy in expediting the energy transition to reach a carbon-free future with renowned specialists from the sector.
  • Taking the stage next, KHNP CEO Jooho Whang introduced Korea's innovative small modular reactors (i-SMR) technology and SMR Smart Net-Zero City (SSNC) model.
  • The presentation was followed by a panel discussion titled, "The Role of Nuclear Energy in Accelerating a Carbon-Free Future," where nuclear energy experts and industry leaders acknowledged nuclear power as a clean and critical solution for decarbonization.

Ansys Enables NuScale Power to Develop Advanced Nuclear Technology

Retrieved on: 
Monday, November 27, 2023

PITTSBURGH, Nov. 27, 2023 /PRNewswire/ -- Nuclear technology pioneer NuScale Power (NYSE: SMR) integrates Ansys (NASDAQ: ANSS) simulation solutions to help NuScale design the NPM, the first SMR approved by the U.S. Nuclear Regulatory Commission (NRC). Designed with critical insight from Ansys' multiphysics simulation solutions, the NuScale SMR can safely supply carbon-free energy for electrical generation, district heating, water desalinization, commercial-scale hydrogen production, and other process heat applications.

Key Points: 
  • Ansys solutions instrumental during the development of the first small modular reactor approved by the U.S. Nuclear Regulatory Commission
    PITTSBURGH, Nov. 27, 2023 /PRNewswire/ -- Nuclear technology pioneer NuScale Power (NYSE: SMR) integrates Ansys (NASDAQ: ANSS) simulation solutions to help NuScale design the NPM, the first SMR approved by the U.S. Nuclear Regulatory Commission (NRC).
  • NuScale engineers rely on Ansys solutions to determine velocities and temperatures for conjugate heat transfer and assess thermal stress and dynamic vibration.
  • NuScale expects to deploy its SMR technology in the U.S. and Europe by the end of the decade, advancing nuclear energy solutions globally and across industries.
  • "NuScale is revolutionizing the energy industry by creating a power source that is smarter, cleaner, safer, and cost competitive," said Carl Fisher, chief operating officer at NuScale Power.

KHNP Announces Associate Pathway Partnership with COP28

Retrieved on: 
Wednesday, November 22, 2023

SEOUL, South Korea, Nov. 22, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the largest electric power company in South Korea, announced today its role as an Associate Pathway Partner of the 28th United Nations Climate Change Conference (COP28).

Key Points: 
  • SEOUL, South Korea, Nov. 22, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the largest electric power company in South Korea, announced today its role as an Associate Pathway Partner of the 28th United Nations Climate Change Conference (COP28).
  • On December 2, 2023, KHNP will host an event at the Korea Pavilion in the COP28 Blue Zone where the KHNP CEO Jooho Whang will introduce KHNP's innovative SMR (i-SMR) technology and SMR Smart Net-Zero City (SSNC) model.
  • Since 1971, KHNP has successfully constructed and operated 36 nuclear power plants - 32 in South Korea and four in the UAE.
  • To stay up-to-date on KHNP's activities at COP28 and net-zero solutions, follow KHNP on LinkedIn and X .

KHNP Announces Associate Pathway Partnership with COP28

Retrieved on: 
Wednesday, November 22, 2023

SEOUL, South Korea, Nov. 22, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the largest electric power company in South Korea, announced today its role as an Associate Pathway Partner of the 28th United Nations Climate Change Conference (COP28).

Key Points: 
  • SEOUL, South Korea, Nov. 22, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the largest electric power company in South Korea, announced today its role as an Associate Pathway Partner of the 28th United Nations Climate Change Conference (COP28).
  • On December 2, 2023, KHNP will host an event at the Korea Pavilion in the COP28 Blue Zone where the KHNP CEO Jooho Whang will introduce KHNP's innovative SMR (i-SMR) technology and SMR Smart Net-Zero City (SSNC) model.
  • Since 1971, KHNP has successfully constructed and operated 36 nuclear power plants - 32 in South Korea and four in the UAE.
  • To stay up-to-date on KHNP's activities at COP28 and net-zero solutions, follow KHNP on LinkedIn and X .

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Agree to Terminate the Carbon Free Power Project (CFPP)

Retrieved on: 
Wednesday, November 8, 2023

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporation (NuScale) (NYSE: SMR) announced today that they have mutually agreed to terminate the Carbon Free Power Project (CFPP).

Key Points: 
  • Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporation (NuScale) (NYSE: SMR) announced today that they have mutually agreed to terminate the Carbon Free Power Project (CFPP).
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20231108847712/en/
    Despite significant efforts by both parties to advance the CFPP, it appears unlikely that the project will have enough subscription to continue toward deployment.
  • Therefore, UAMPS and NuScale have mutually determined that ending the project is the most prudent decision for both parties.

NuScale Power Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the third quarter ended September 30, 2023.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced results for the third quarter ended September 30, 2023.
  • Please visit the Quarterly Results page on the company’s website to view the earnings press release and supplementary information included in the third quarter slide presentation.
  • NuScale will host a conference call today at 5:00 p.m.
  • A live webcast of the presentation will be available by dialing (888) 550-5460 with conference ID 4347254 or by visiting the Events & Presentations page.

SMRs: Transforming the Data Center Industry with Sustainable and Reliable Power Solutions - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 7, 2023

The burgeoning data center industry is confronted with escalating power demands, reliability concerns, and sustainability targets.

Key Points: 
  • The burgeoning data center industry is confronted with escalating power demands, reliability concerns, and sustainability targets.
  • The utilization of SMRs for data center applications offers several distinct advantages and opportunities.
  • SMRs provide a highly reliable power source, minimizing the risk of data center downtime due to grid failures.
  • The global SMR market for data center applications represents a compelling solution to address the increasing energy demands and sustainability goals of the data center industry.

Cameco and Brookfield Complete Acquisition of Westinghouse Electric Company Creating a Powerful Platform for Strategic Growth

Retrieved on: 
Tuesday, November 7, 2023

Once contracts are signed and work begins, these projects are expected to generate multi-year revenue streams and EBITDA for Westinghouse.

Key Points: 
  • Once contracts are signed and work begins, these projects are expected to generate multi-year revenue streams and EBITDA for Westinghouse.
  • Due to the timing of the close of this transaction, we do not expect to receive any cash distributions in 2023.
  • The acquisition of Westinghouse was completed in the form of a limited partnership with Brookfield.
  • The board of directors governing the limited partnership consists of six directors, three appointed by Cameco and three appointed by Brookfield.

Market Segmentation Analysis Reveals Steam Methane Reforming Dominance and Rapid Growth in Mobility Sector in the Global Hydrogen Market

Retrieved on: 
Monday, November 6, 2023

By Technology: The global hydrogen market is categorized into four segments based on technology: steam methane reforming (SMR), electrolysis, coal gasification, and others.

Key Points: 
  • By Technology: The global hydrogen market is categorized into four segments based on technology: steam methane reforming (SMR), electrolysis, coal gasification, and others.
  • By Sector: Hydrogen demand is segmented into five sectors: existing industry use, mobility, power generation, building and industry heat, and new industry feedstock.
  • While grey hydrogen, produced from fossil fuels, dominates the market currently, green hydrogen from renewable sources and low carbon hydrogen are expected to grow significantly.
  • By Region: The global hydrogen market is analyzed based on regions, including Europe, North America, Asia Pacific, and the rest of the world.

Immunocore announces upcoming poster presentations at SITC Annual Meeting 2023 and SMR Congress 2023

Retrieved on: 
Wednesday, November 1, 2023

(OXFORDSHIRE, England & CONSHOHOCKEN, Penn.

Key Points: 
  • (OXFORDSHIRE, England & CONSHOHOCKEN, Penn.
  • & ROCKVILLE, Md, 01 November 2023) Immunocore Holdings plc (Nasdaq: IMCR), a commercial-stage biotechnology company pioneering the development of a novel class of T cell receptor (TCR) bispecific immunotherapies designed to treat a broad range of diseases, including cancer, infectious diseases and autoimmune conditions, will present data for KIMMTRAK (tebentafusp-tebn) in metastatic uveal melanoma and cutaneous melanoma at the Society for Immunotherapy of Cancer's (SITC) Annual Meeting (1st – 5th November) and the Society for Melanoma Research (SMR) Congress (6th – 9th November).
  • Across the two scientific conferences, the company will present seven posters:
    Session: Poster display, Monday November 6, 2023 – Wednesday November 8, 2023
    Session: Poster display, Monday November 6, 2023 – Wednesday November 8, 2023
    Session: Poster display, Monday November 6, 2023 – Wednesday November 8, 2023
    Session: Poster display, Monday November 6, 2023 – Wednesday November 8, 2023