Uranium prices were about $79.60 per pound as of the close of business on September 3, which put prices near their lowest level since November 2023, according to the website Trading Economics. Since the beginning of 2024, uranium prices have decreased $11.40/lb, or 12.53 percent, based on trading on a contract for difference (CFD) that tracks the benchmark market.

The Nuclear Regulatory Commission is amending its regulations governing the licensing of nonpower production or utilization facilities (NPUF) to make license renewal criteria more consistent with the limited risk such facilities pose to public safety.

The Texas A&M University System (TAMUS) is seeking proposals from qualified candidates to construct a commercial nuclear reactor on the university’s RELLIS campus in Bryan, Texas.

Interested parties are welcome to attend a virtual preproposal conference today, September 6, at 11:00 a.m. (EDT). Information about this conference, including a link to participate, can be obtained via email to soprocurement@tamus.edu.

The Emirates Nuclear Energy Corporation announced today a milestone for the United Arab Emirates with the fourth unit of the Barakah nuclear power plant entering commercial operation.

Kairos Power accomplished another step forward for its Hermes 2 reactor plans as the Nuclear Regulatory Commission this week published its final environmental assessment and finding of no significant impact.

On September 4, Tennessee Gov. Bill Lee announced that Orano had selected Oak Ridge as its preferred site to build a “multibillion-dollar” uranium centrifuge enrichment facility. For Tennessee, the announcement underscores Oak Ridge’s draw for nuclear technology companies. For Orano and the nuclear power community, the announcement is another sign the nation is edging closer to adding front-end nuclear fuel cycle capacity.

Lisa Marshall
president@ans.org

I had the pleasure of speaking at ANS’s Utility Working Conference last month and would like to share my thoughts with our wider membership.

Electrification is the foundation of modern society. The nuclear enterprise has and must continue to play a crucial role in the era in which we find ourselves—the energy transition era. We have made important gains in post-COVID times, with the Bipartisan Infrastructure Law, the Inflation Reduction Act, the CHIPS and Science Act, and more recently the ADVANCE Act of 2024—all aimed at, broadly speaking, enhancing (nuclear) industry.

We have also seen greater public support for nuclear power. The National Nuclear Energy Public Opinion Survey has been undertaken every year for the last four decades. It has demonstrated for the last three years that three-fourths of respondents strongly or somewhat favor the use of nuclear energy as one of the ways to provide electricity within the United States.

The military conflict with Russia that began in February 2022 has left Ukraine with “dangerous instability” of its national grid, according to the International Atomic Energy Agency’s director general Rafael Mariano Grossi.

Following a meeting in Kyiv with Ukrainian president Volodymyr Zelenskyy on September 3, Grossi promised to take a more proactive stance in protecting the country’s energy infrastructure—especially where nuclear safety is vulnerable. During recent months there have been numerous missile and drone attacks, with some directly causing the disconnection of several nuclear power plants.

The Department of Energy awarded $17 million on August 30 for 16 experiment and analysis projects expected to yield criticality data that will assist the Nuclear Regulatory Commission in licensing and regulating high-assay low-enriched uranium and the fuel infrastructure—including packaging and transportation containers—required to demonstrate and deploy HALEU-fueled advanced nuclear reactors. Project teams include six national laboratories taking lead roles in partnership with other labs, universities, and multiple industry partners.

The Department of Energy’s Office of Environmental Management will begin using drones for the first time to internally inspect radioactive liquid waste tanks at the department’s Savannah River Site in South Carolina. Inspections were previously done using magnetic wall-crawling robots.

China’s State Council has approved the construction of four new nuclear reactors based on Westinghouse's AP1000 technology at two Chinese power plants. China’s State Power Investment Corporation plans to build two of the reactors at its Bailong nuclear power project in Guangxi Province, where preparatory groundwork construction can now begin at the site. The other two units were approved for the Lufeng nuclear power plant, located in Guangdong Province and owned by China General Nuclear Power Corporation, where sitework has already begun.

In response to a petition filed by environmental groups earlier this year, the Nuclear Regulatory Commission will reinvestigate earthquake fault lines and the potential for seismic activity and ensuing damage at California’s Diablo Canyon nuclear power plant.

U.S. and African officials announced from a nuclear energy summit last week a new partnership between Nuclear Power Ghana and Regnum Technology Group, an American small modular reactor developer using NuScale Power’s design.

Finland’s waste management organization Posiva announced that it has begun a trial run of placing spent fuel canisters in the Onkalo geologic repository, which is located near the Olkiluoto nuclear power plant in southwestern Finland. No spent fuel will be disposed of during the trial run, which is expected to last several months.

This year, the U.S. nuclear industry received a much-needed economic boost that could help preserve operating nuclear power plants and incentivize upgrades that extend their lifespan and power output.

Signed into law in 2022, the Inflation Reduction Act offers production tax credits (PTCs) for existing nuclear power plants and either PTCs or investment tax credits (ITCs) for new carbon-free generation. These credits could make power uprates—increasing the maximum power level at which a commercial plant may operate—a much more appealing option for utilities.

BWX Technologies announced on August 26 that its Nuclear Fuel Services subsidiary had received a contract from the National Nuclear Security Administration for a yearlong engineering study of a pilot plant capable of testing a gas centrifuge uranium enrichment technology developed at Oak Ridge National Laboratory and producing domestic-origin enriched uranium the NNSA can use for multiple national security purposes. BWXT, which has a long history of providing fuel fabrication and downblending services for the federal government, has not—until now—included enrichment in its portfolio.

Crews at the Department of Energy’s Idaho National Laboratory Site recently completed work to transfer baskets of spent nuclear fuel ahead of a September 30 deadline.

The Department of Energy’s Office of Nuclear Energy is making $6 million available in scholarships and fellowships for students pursuing nuclear energy-related degrees across the United States. The funding is provided through the DOE’s University Nuclear Leadership Program (UNLP). 

The Hallam nuclear power plant in Nebraska, about 25 miles southwest of Lincoln, was a 75-MWe sodium-­cooled, graphite-moderated reactor operated by Consumers Public Power District of Nebraska (CPPD). It was co-located with the Sheldon Power Station, a conventional coal-fired plant. The facility had a shared control room and featured a shared turbo generator that could accept steam from either heat source.