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

ADVANCED REACTOR MARKETPLACE

Mission of Gen IV International Forum is extended

A framework agreement to continue the Generation IV International Forum (GIF) beyond its scheduled February 2025 expiration was signed by representatives of the United States and the United Kingdom at November’s COP29 meeting in Azerbaijan. The new agreement, which excludes previous signatory Russia, focuses on the sharing of information and pooling of funds for advanced nuclear technologies. The agreement also sets a goal of deploying fourth-generation nuclear technology by 2030. The specific advanced technologies identified by the forum are gas-cooled fast reactors, lead-cooled fast reactors, molten salt reactors, sodium-cooled fast reactors, supercritical water–cooled reactors, and very-high-temperature reactors.

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

ADVANCED REACTOR MARKETPLACE

Startup Longview Fusion signs CRADA with LLNL

The Lawrence Livermore National Laboratory and Longview Fusion Energy Systems have reached a cooperative research and development agreement that builds upon the LLNL National Ignition Facility’s repeated demonstrations of fusion energy gain and supports Longview’s efforts toward the commercialization of fusion energy. The agreement calls for the national lab and the California company to combine their laser fusion science and technology expertise for the purpose of developing a performance/economic model that can optimize Longview’s fusion power plant designs. In addition, critical requirements are established for Longview’s fusion technology systems and facilities, while a technology road map to mature these systems is being developed. The new agreement complements a set of Department of Energy programs involving LLNL and Longview that are designed to accelerate the delivery of laser fusion energy according to the Biden administration’s Bold Decadal Vision for fusion commercialization.

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

ADVANCED REACTOR MARKETPLACE

Collaboration on SMR-powered ships

The American Bureau of Shipping (ABS) and the Korea Ship & Offshore Plant Research Institute (KRISO) have formed a collaboration to advance the commercialization of ships powered by small modular reactors, as well as floating SMR power-generation platforms. ABS is to provide an analysis of regulatory guidelines and international standards for the design of SMR-powered ships. KRISO is to develop the core technologies for the ships, such as conceptual designs and propulsion systems, as well as a framework for integrated ship and nuclear power safety analysis. KRISO will also design a floating SMR power-generation platform together with a commercialization model for supplying stable power to island areas.

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

ADVANCED REACTOR MARKETPLACE

Radiant purchases nuclear-grade graphite for its microreactor

Microreactor startup Radiant Industries and Amsted Graphite Materials, the largest American-­owned synthetic graphite producer, have reached an agreement to collaborate on reducing U.S. reliance on foreign sources of nuclear-grade graphite. The collaboration began with Radiant placing a purchase order with Amsted for its Kaleidos microreactor, a 1-MW high-temperature, gas-cooled portable microreactor that has a graphite core and uses TRISO fuel.

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

ADVANCED REACTOR MARKETPLACE

UAE prepares for advanced nuclear

Emirates Nuclear Energy Corporation (ENEC), the United Arab Emirates’ nuclear energy development organization, has signed several agreements regarding advanced reactors, many of which were signed at the 2023 United Nations Climate Change Conference (COP28) in Dubai, UAE.

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

ADVANCED REACTOR MARKETPLACE

DOE, DOD support X-energy’s microreactor work

The Department of Energy’s Office of Nuclear Energy has signed a one-year cooperative agreement with X-energy designed to advance the development of a design for a transportable mobile microreactor. Under the agreement, the DOE will support X-energy’s work on the architecture and technology for the 3- to-5-MWe microreactor’s preliminary design. X-energy is also the recipient of a Department of Defense contract to develop an enhanced engineering design for a transportable microreactor that will be suitable for both defense and commercial applications.

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

SMR power barge designs approved

The American Bureau of Shipping has approved in principle the designs for an offshore small modular reactor power barge from Korea Shipbuilding and Offshore Engineering and Kepco Engineering and Construction. Another collaborator on the project is the Liberian International Ship and Corporate Registry, which assisted ABS in design reviews. The SMR barges are designed to provide electricity for islands and other remote communities.

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

ADVANCED REACTOR MARKETPLACE

Centrus-Oklo partnership expands

Oklo, a California-based developer of next-generation fission reactors, has expanded its partnership with Centrus Energy, a Maryland-based supplier of nuclear fuel and services. The two companies have been cooperating since 2021 on the development of Centrus’s American Centrifuge Plant in Piketon, Ohio, to produce high-assay low-enriched uranium (HALEU) fuel. According to the companies’ new memorandum of understanding, Centrus will manufacture certain components for Oklo’s Aurora “powerhouse” reactor, a fast neutron reactor designed to generate up to 15 MW of power and operate for at least 10 years without refueling. The Aurora is also designed to produce usable heat. Centrus also has agreed to purchase electricity generated by the Aurora reactors, while Oklo has agreed to purchase HALEU fuel from the Piketon facility. The facility is expected to begin fuel production before the end of the year.

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

TerraPower signs contracts to advance Natrium

TerraPower and Centrus Energy have signed a memorandum of understanding to expand their collaboration in the development of commercial-scale production of high-assay low-enriched uranium (HALEU) to fuel TerraPower’s Natrium sodium-cooled fast reactor, which is designed with a molten salt–based energy storage system. TerraPower is planning its Natrium demonstration project for a site in Kemmerer, Wyo., with a target operational date of 2030. Centrus plans to produce as much as 20 kilograms of fuel by the end of 2023 at its production facility in Piketon, Ohio, and to further scale up production with additional centrifugal cascades.

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

International SMR collaboration launched

The nine member states of the International Nuclear Regulators’ Association (INRA)—Canada, France, Germany, Japan, South Korea, Spain, Sweden, the United Kingdom, and the United States—have agreed to collaborate on the generic design assessment and licensing of small modular reactor technologies. According to a statement released by the organization, the internationally standardized reactor designs would aid in the facilitation of efficient regulatory reviews, although local issues such as siting and environmental factors must be addressed by national regulatory agencies. The INRA members expressed their support for the International Atomic Energy Agency’s Nuclear Harmonisation and Standards Initiative, but they stressed that independent, national regulatory reviews should not be replaced by an international approach.

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

Paragon to supply I&C for Xe-100 SMR

Paragon Energy Solutions and X-energy Reactor Company have entered into a preferred supplier agreement by which Paragon will be the exclusive worldwide supplier for three crucial instrumentation and control systems for X-energy’s Xe-100 advanced small modular reactors: the reactor protection system, post-event monitoring system, and neutron instrumentation system. The new agreement builds on an existing partnership between the two companies in the areas of critical safety mechanisms, which also includes Paragon’s HIPS FPGA system.

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

Partnership formed to study X-energy’s SMR in commercial conditions

X-energy and Kinectrics have launched a partnership to design, build, and operate a commercial-scale test facility to study the performance of the Xe-100 advanced small modular reactor in helium--based high-temperature, high--pressure operating conditions. The test facility, the site for which is to be announced sometime this summer, may be completed and operational by 2025.

Here is a recap of industry happenings over the past months:

ADVANCED REACTOR MARKETPLACE

Ultra Safe and Framatome reach TRISO agreement

Ultra Safe Nuclear and Framatome have signed a nonbinding agreement to manufacture commercial quantities of TRISO fuel for advanced reactor designs, including USNC’s Micro Modular Reactor. It is expected that the manufacturing of both TRISO fuel particles and USNC’s fully ceramic microencapsulated fuel will begin in late 2025, with production capacity being made available to the broader global commercial market. At-scale production lines for these materials have been demonstrated at USNC’s Pilot Fuel Manufacturing facility in Oak Ridge, Tenn., the first privately funded producer of TRISO fuel particles in the United States.

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

INFUSE program funds 10 private-public projects

As part of the Department of Energy Office of Science’s Innovation Network for Fusion Energy (INFUSE) program, $2.3 million in funding is being awarded to 10 projects that pair private industry with national laboratories for purposes of fusion energy development. The projects are being led by researchers at seven companies: Commonwealth Fusion Systems in Cambridge, Mass.; Energy Driven Technologies in Champaign, Ill.; Focused Energy in Austin, Texas; General Atomics in San Diego, Calif.; Princeton Stellarators in Princeton, N.J.; Tokamak Energy in Bruceton Mills, W.Va.; and Type One Energy Group in Madison, Wis. Through the INFUSE funding, these companies gain access to the expertise of the national labs as they conduct research into fusion energy systems. Each award provides between $50,000 and $500,000 for a one- to two-year project, with a 20 percent cost share for the industry partners.

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

U.S. and Canadian regulators formalize relationship on advanced reactors

The U.S. Nuclear Regulatory Commission and the Canadian Nuclear Safety Commission (CNSC) have reached a charter agreement that formally establishes a collaborative relationship on small modular reactors and other advanced reactor technologies. The two agencies have been cooperating on these technologies for several years, but the formal agreement is designed to better harmonize the American and Canadian regulatory processes to achieve safe, successful deployment. The charter specifically focuses on regulatory and safety issues regarding the licensing review of GE--Hitachi’s BWRX--300 SMRs, which Ontario Power Generation (OPG) has selected for deployment at its Darlington site and which the Tennessee Valley Authority (TVA) plans to build at Clinch River. OPG and TVA announced plans earlier this year to work together on the development and deployment these SMRs.

French nuclear reactor company Framatome has completed its purchase of Rolls-Royce Civil Nuclear Instrumentation and Control. Framatome announced in December 2020 that it had agreed to acquire Rolls-Royce’s I&C business, which has operations in France, the Czech Republic, and China.

According to Framatome, the transaction builds on the company’s engineering expertise, enlarges its industrial footprint, and expands its global I&C systems development and deployment capabilities.

Framatome has completed its acquisition of BWX Technologies’ U.S. commercial nuclear services business, the France-based company announced on June 2. With this transaction, the company said, Framatome expands its portfolio of equipment and tooling for nuclear power plant inspections and maintenance.

BWXT will receive an 118,000-square-foot manufacturing facility and the associated 11 acres of land from Framatome in the cashless exchange.