GE Hitachi Nuclear Energy

Government of Canada Announces Federal Support for Small Modular Reactor (SMR) Development in Saskatchewan

Retrieved on: 
Saturday, August 19, 2023

That is why the Government of Canada is committing up to $74 million to explore the potential for small modular reactors in Saskatchewan to provide abundant non-emitting power, drive economic growth and create good jobs throughout Saskatchewan.

Key Points: 
  • That is why the Government of Canada is committing up to $74 million to explore the potential for small modular reactors in Saskatchewan to provide abundant non-emitting power, drive economic growth and create good jobs throughout Saskatchewan.
  • "GE Hitachi is excited to work with Saskatchewan to be a global leader in the deployment of small modular reactors.
  • The fund is intended to help spur innovation and encourage the adoption of cleaner technologies and fuels in Canada — including Saskatchewan's small modular reactor project.
  • In July 2022, the Government of Canada invested almost $10 million in clean energy support for Indigenous communities in Saskatchewan.

Aecon-Wachs Hires New VP of U.S. Operations, Nuclear

Retrieved on: 
Monday, August 7, 2023

JACKSON, S.C., Aug. 7, 2023 /PRNewswire/ -- Aecon-Wachs , a US-based corporation serving the Industrial and Power Generation markets, has announced the addition of Brad Smalldridge to the company as Vice President of U.S. Operations, Nuclear.

Key Points: 
  • JACKSON, S.C., Aug. 7, 2023 /PRNewswire/ -- Aecon-Wachs , a US-based corporation serving the Industrial and Power Generation markets, has announced the addition of Brad Smalldridge to the company as Vice President of U.S. Operations, Nuclear.
  • Smalldridge brings more than three decades of senior leadership experience and will be responsible for leading the Aecon-Wachs nuclear business in the U.S. with a focus on strategic growth and business development in this evolving market.
  • He has previously held executive roles with major nuclear service providers, utilities, and has served in the U.S. Federal and commercial nuclear markets.
  • Aecon-Wachs is positioned for strategic growth in the U.S. as the team works closely with its parent company, Aecon Group.

TVA Reports Third Quarter Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, August 1, 2023

• TVA has returned $158 million in pandemic recovery credits to customers so far this fiscal year, and $607 million in total recovery-related credits.

Key Points: 
  • • TVA has returned $158 million in pandemic recovery credits to customers so far this fiscal year, and $607 million in total recovery-related credits.
  • For the nine months of fiscal year 2023, 57% of TVA's power supply was carbon-free - coming from nuclear, hydroelectric and other renewables.
  • This credit to all customers, which TVA extended through 2023, is expected to total approximately $230 million in 2023, helping local communities with ongoing recovery efforts.
  • Colbert combustion turbine units 9-10 commenced pre-commercial plant operations in June 2023 and unit 11 in early July 2023.

Virtualware (EPA:MLVIR) Announces record-breaking First-Half 2023 Results: VR SaaS Business Line Records Steady 208% Growth

Retrieved on: 
Tuesday, July 18, 2023

BILBAO, Spain, July 18, 2023 (GLOBE NEWSWIRE) -- Virtualware (EPA:MLVIR), a pioneering VR company employing a SaaS business model, today announced record-breaking H1 2023 financial results, just three months after it went public in Euronext Access Paris.

Key Points: 
  • BILBAO, Spain, July 18, 2023 (GLOBE NEWSWIRE) -- Virtualware (EPA:MLVIR), a pioneering VR company employing a SaaS business model, today announced record-breaking H1 2023 financial results, just three months after it went public in Euronext Access Paris.
  • In H1 2023, Virtualware reported total revenues of €2.149 million, indicating a 44.71% growth over the previous year.
  • Most of this growth was fueled by subscription plan revenues accounting for €630,000, which show a substantial year-on-year increase of 208.23%.
  • Headquartered in Bilbao, Spain, Virtualware is a global pioneer in developing virtual reality solutions for major industrial, educational, and healthcare conglomerates.

How Long Until Small Modular Reactors Make an Impact on Energy Grids, Asks IDTechEx

Retrieved on: 
Thursday, June 29, 2023

The first nuclear small modular reactors (SMRs) are already operational in Russia and China, but widening adoption will require both technical and regulatory developments, including development in fuel supply chains and international licensing standardization.

Key Points: 
  • The first nuclear small modular reactors (SMRs) are already operational in Russia and China, but widening adoption will require both technical and regulatory developments, including development in fuel supply chains and international licensing standardization.
  • Nuclear SMRs hold the promise of bringing nuclear power into a new age by cutting costs while improving safety.
  • They could even reuse existing infrastructure at the sites of old nuclear or fossil fuel power plants, cutting the cost and impact of providing new grid capacity.
  • IDTechEx's report " Nuclear Small Modular Reactors (SMRs) 2023-2043 " provides comprehensive coverage of the SMR space.

How Long Until Small Modular Reactors Make an Impact on Energy Grids, Asks IDTechEx

Retrieved on: 
Thursday, June 29, 2023

The first nuclear small modular reactors (SMRs) are already operational in Russia and China, but widening adoption will require both technical and regulatory developments, including development in fuel supply chains and international licensing standardization.

Key Points: 
  • The first nuclear small modular reactors (SMRs) are already operational in Russia and China, but widening adoption will require both technical and regulatory developments, including development in fuel supply chains and international licensing standardization.
  • Nuclear SMRs hold the promise of bringing nuclear power into a new age by cutting costs while improving safety.
  • They could even reuse existing infrastructure at the sites of old nuclear or fossil fuel power plants, cutting the cost and impact of providing new grid capacity.
  • IDTechEx's report " Nuclear Small Modular Reactors (SMRs) 2023-2043 " provides comprehensive coverage of the SMR space.

FirstEnergy Names Amanda Mertens Campbell Vice President, External Affairs

Retrieved on: 
Tuesday, June 20, 2023

AKRON, Ohio, June 20, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Amanda Mertens Campbell has been named vice president, External Affairs, effective July 10. Campbell will lead and oversee local, state and federal external affairs for FirstEnergy. In this role, she will drive engagement on issues that significantly impact the company's customers, employees and operations aligned with FirstEnergy's core values and business strategies. She will report to Mark Mroczynski, acting vice president, Operations.

Key Points: 
  • AKRON, Ohio, June 20, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Amanda Mertens Campbell has been named vice president, External Affairs, effective July 10.
  • Campbell will lead and oversee local, state and federal external affairs for FirstEnergy.
  • Since 2018, Mertens Campbell served as vice president of Government Affairs and Community and Project Outreach for The Williams Companies.
  • Prior to The Williams Companies, Mertens Campbell was executive counsel, Global Government Affairs and Policy for GE Power, a subsidiary of The General Electric Company.

Two Vocational Training Centres in Granollers and Bilbao innovate in Education by betting on Virtual Reality

Retrieved on: 
Thursday, June 15, 2023

GRANOLLERS and BILBAO, Spain, June 15, 2023 (GLOBE NEWSWIRE) -- The CIFP Txurdinaga LHII and the IES Carles Vallbona, reference centres for vocational training in Bilbao and Granollers respectively, have announced a strategic commitment to promote innovation through Virtual Reality (VR) in their educational processes.

Key Points: 
  • GRANOLLERS and BILBAO, Spain, June 15, 2023 (GLOBE NEWSWIRE) -- The CIFP Txurdinaga LHII and the IES Carles Vallbona, reference centres for vocational training in Bilbao and Granollers respectively, have announced a strategic commitment to promote innovation through Virtual Reality (VR) in their educational processes.
  • As a result of this collaboration, the installation and commissioning of the first two wireless Virtual Reality Rooms will allow virtual reality learning resources and activities to be deployed on a full-scale, and also remotely.
  • Another aspect of the technology is the ability to create and deploy learning resources and activities in virtual reality autonomously.
  • Its innovative Virtual Reality as a Service (VRaaS) platform, VIROO, is aimed at making virtual reality accessible to businesses of all sizes and sectors.

Virtualware's VIROO set to support Mixed Reality capabilities upon its new release

Retrieved on: 
Tuesday, June 13, 2023

BILBAO, Spain, June 13, 2023 (GLOBE NEWSWIRE) -- Spanish listed company Virtualware (EPA:MLVIR), a global leader in immersive technology solutions, today announced its readiness to support mixed reality (MR) capabilities on its VIROO 2.4 release coming in July.

Key Points: 
  • BILBAO, Spain, June 13, 2023 (GLOBE NEWSWIRE) -- Spanish listed company Virtualware (EPA:MLVIR), a global leader in immersive technology solutions, today announced its readiness to support mixed reality (MR) capabilities on its VIROO 2.4 release coming in July.
  • “With VIROO's unique capabilities, we can facilitate multi-user sessions that incorporate both VR and AR/MR devices.
  • Its innovative VRaaS platform, VIROO, is aimed at making virtual reality accessible to businesses of all sizes and sectors.
  • It started trading at Euronext Paris last April, with a market valuation over 27 million euros.

Westinghouse Announces New President of eVinci™ Microreactor Business

Retrieved on: 
Monday, June 5, 2023

Westinghouse Electric Company has announced the appointment of Jon Ball as President, eVinci™ Microreactor, effective June 5, 2023.

Key Points: 
  • Westinghouse Electric Company has announced the appointment of Jon Ball as President, eVinci™ Microreactor, effective June 5, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230605005560/en/
    Westinghouse Electric Company has announced the appointment of Jon Ball as President, eVinci™ Microreactor.
  • (Photo: Business Wire)
    “Jon is a respected leader in the nuclear energy industry with 30 years of technical expertise and global experience across the nuclear lifecycle and, in particular, with advanced reactors,” said Patrick Fragman, Westinghouse President and Chief Executive Officer.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.