Industry Update—December 2024

December 6, 2024, 7:01AMNuclear News

Here is a recap of industry happenings from the recent past:

ADVANCED REACTOR MARKETPLACE

Partnership formed for Idaho microreactors

Aalo Atomics has partnered with Idaho Falls Power to focus on the deployment of seven Aalo-1 microreactors that would provide a total of 75 MWe of power. The sodium-cooled microreactors—each with a 10-MWe capacity—are to be built at Aalo Atomics’ new headquarters and manufacturing facility in Austin, Texas. The reactor’s safety system, incorporating uranium zirconium hydride fuel, is designed to automatically shut down the reactor should it overheat. Aalo Atomics, which is currently constructing an Aalo-0 nonnuclear test reactor in Austin, intends to build an Aalo-X experimental reactor at Idaho National Laboratory before shifting to the Aalo-1 commercial unit. The Aalo-1 is not expected to come on line before 2030.

Finland’s Onkalo repository licensing gets stuck again

December 5, 2024, 3:05PMRadwaste Solutions
The Onkalo geologic repository in Finland. (Photo: Posiva)

Finland’s regulatory authority, the Radiation and Nuclear Safety Authority (STUK), announced that it was further delaying issuing a statement on the safety case for the Onkalo spent nuclear fuel repository until 2025, saying that Posiva’s license application material is not yet ready.

Meta seeks nuclear power for AI, data center support

December 5, 2024, 9:36AMNuclear News
Image: Meta

Technology giant Meta this week issued a request for proposals from nuclear developers to support its AI innovation and sustainability objectives.

The California-based company, parent of social media site Facebook, is targeting between one and four gigawatts of nuclear generation capacity in the United States.

Throwback Thursday: The legend of SCRAM

December 5, 2024, 6:34AMNuclear News

Ax man. Scram. Trip. Yes, this is Throwback Thursday, but no—we aren’t revisiting the slang of American countercultures from decades past. We are, however, pondering a term central to a very important day in nuclear history: December 2, 1942—the anniversary of controlled nuclear fission, first achieved with CP-1 at the University of Chicago.

ANS standard updated for determining meteorological information at nuclear facilities

December 4, 2024, 3:00PMANS News

Following approval in October from the American National Standards Institute, ANSI/ANS-3.11-2024, Determining Meteorological Information at Nuclear Facilities, was published in late November. This standard provides criteria for gathering, assembling, processing, storing, and disseminating meteorological information at commercial nuclear power plants, U.S. Department of Energy/National Nuclear Security Administration nuclear facilities, and other national or international nuclear facilities.

Terrestrial Energy looks at EnergySolutions-owned sites for IMSR plants

December 4, 2024, 12:00PMNuclear News

Advanced reactor developer Terrestrial Energy and Utah-based waste management company EnergySolutions announced they have signed a memorandum of understanding to collaborate on the siting and deployment of Terrestrial Energy’s integral molten salt reactor plants at EnergySolutions-owned sites.

Nuclear Energy Agency provides update on recent activities

December 4, 2024, 9:31AMNuclear News
NEA director general William D. Magwood IV delivers opening remarks at the Safety Case Symposium 2024 in Budapest, Hungary. (Photo: OECD NEA)

Analysts: Uranium prices down but should increase long term

December 4, 2024, 7:01AMANS Nuclear Cafe

New York City–based analyst firm Trading Economics has reported that uranium prices have fallen $13.20 per pound, or 14.51 percent, since the beginning of 2024, with the price on December 3 down to $77.80 per pound. A graph of prices for the year shows a jagged downward slide since a peak of about $107 per pound in early February. The all-time high for uranium prices was $148 per pound in May 2007, according to the firm.

Nuclear progress, but not much else, from COP29

December 3, 2024, 12:00PMNuclear News
ANS’s COP29 Week 1 delegation were, from left, Gale Hauck, Shirly Rodriguez, Lisa Marshall, and Seth Grae, pictured here with WNA director general Sama Bilbao y León (center). (Photo: Seth Grae)

COP29 was good for nuclear energy, but not so good for anything else.

That was one of Seth Grae’s takeaways from this year’s Conference of the Parties—or, United Nations Framework Convention on Climate Change (UNFCCC)—held for two weeks in November in Baku, Azerbaijan. Grae, chief executive of Lightbridge Corporation and chair of the American Nuclear Society’s International Council, attended with four other ANS delegates: ANS President Lisa Marshall, Gale Hauck, Shirly Rodriguez, and Andrew Smith.

About Studsvik Scandpower

December 3, 2024, 9:30AMSponsored ContentStudsvik Scandpower

Studsvik Scandpower (SSP) is the leading global provider of vendor-independent, state-of-the-art nuclear fuel management software and world-class engineering services. SSP offers a full suite of software product offerings, training, and engineering services, to support operating utilities, fuel vendors, safety authorities, and research organizations around the world.

Canada lands on spent fuel repository site

December 3, 2024, 7:01AMRadwaste Solutions
An aerial picture of Ignace, Ontario. (Photo: NWMO)

While the United States was celebrating Thanksgiving Day, Canada’s Nuclear Waste Management Organization (NWMO) announced that it has selected a site in northwestern Ontario for a deep geologic repository to hold the country’s spent nuclear fuel

STEM event empowers next generation of women leaders in science

December 2, 2024, 3:04PMANS Nuclear Cafe
The STEM Like a Girl event was held at the Ruth Patrick Science Education Center in Aiken, S.C. (All photos: DOE)

Nearly 60 eighth graders from schools across the central Savannah River area recently gathered at the Ruth Patrick Science Education Center in Aiken, S.C., for the Savannah River Site’s “STEM Like a Girl—Introduce a Girl to Engineering and IT” event. This initiative is designed to inspire the next generation of female engineers and STEM leaders.

DeepGeo to explore economics of SNF reprocessing with Copenhagen Atomics

December 2, 2024, 12:00PMRadwaste Solutions
DeepGeo’s Laura Salonga and Copenhagen Atomics’ Thomas Jam Pedersen at the signing of a collaboration agreement in New York. (Photo: DeepGeo)

DeepGeo, a Rhode Island–based company seeking to develop multinational spent nuclear fuel repositories, and Denmark-based thorium reactor developer Copenhagen Atomics have signed a collaboration agreement that will see the companies work together on the management of nuclear fuels and waste streams associated with a thorium breeder reactor.

Idaho’s IWTU surpasses tank waste treatment goal

December 2, 2024, 7:02AMRadwaste Solutions
IWTU operators monitor radiological operations during the current waste treatment campaign at the Idaho National Laboratory Site facility. (Photo: DOE)

As of last week, crews with Department of Energy cleanup contractor Idaho Environmental Coalition (IEC) processed more than 142,000 gallons of radioactive sodium-bearing tank waste at Idaho’s Integrated Waste Treatment Unit (IWTU) this year.

Drones fly in to inspect waste tanks at Savannah River Site

November 27, 2024, 3:01PMNuclear News
The Flyability Elios 3 model drone for the SRS tank inspection program. (Photo: SRS)

The Department of Energy’s Office of Environmental Management will soon, for the first time, begin using drones 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.

FST publishes special issue on fusion’s early history

November 27, 2024, 12:03PMNuclear NewsM. B. Chadwick
Fig. 1. Oppenheimer hosting a gathering in his Bathtub Row house in Los Alamos.

The July 2024 issue of Nuclear News focused on fusion. Editor-in-chief Rick Michal highlighted in his column (p. 4) Los Alamos National Laboratory’s open access special issue of the American Nuclear Society journal Fusion Science and Technology, titled The Early History of Fusion. This article provides a brief summary of the issue—and we encourage readers to explore all of the full papers.a

World Nuclear Energy Day is coming next week

November 27, 2024, 9:36AMANS Nuclear Cafe

The annual day of celebrating nuclear energy is right around the corner. On December 2, World Nuclear Energy Day will be recognized internationally through workshops, panel discussions, dinner meetings, and special performances focused on educational outreach, emerging green technologies, and innovative thinking that can restore the world’s ecosystems with nuclear energy.

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