FFC board members (from left to right) Kiyoshi Seko (KF), Stephen Bushby (CNL), Satoshi Konishi (KF), and Ian Castillo (CNL) in Tokyo, Japan.
Japan’s Kyoto Fusioneering, a fusion startup spun out from Kyoto University, and Canadian Nuclear Laboratories have announced the formation of Fusion Fuel Cycles Inc., headquartered in Chalk River, Ontario, Canada. The joint venture extends a strategic alliance formed between the two entities in September 2023 and aims to develop and deploy deuterium-tritium (D-T) fusion fuel cycle technologies.
GE Vernova’s priority regions for SMR growth, with projected gigawatt demands in 2035 and 2050 for the United States, Canada, the United Kingdom, and European Union. (Source: GE Vernova)
GE Hitachi Nuclear Energy (GEH)—the nuclear business unit of Massachusetts-based GE Vernova in partnership with Japan’s Hitachi—has announced that it is forming a group of qualified supply chain companies to advance the manufacture, commercialization, and international deployment of its BWRX-300 small modular reactor. The company stated that it is forming the group to help ensure “a reliable, cost-effective and innovative” process for getting its SMR commercialized and deployed around the world.
The Capenhurst site in Cheshire, England. (Photo: Urenco)
The U.K. government this week announced a $245 million (£196 million) award to help Urenco build Europe’s first advanced reactor fuel manufacturing plant, which will be located in northwest England at the company’s Capenhurst site. Urenco, which is part-owned by the U.K. government, will cofund the project.
Representatives of Terrestrial Energy and Schneider Electric at the MOU signing ceremony. (Source: Terrestrial Energy)
Terrestrial Energy and Schneider Electric are teaming to deploy Terrestrial Energy's integral molten salt reactor (IMSR) to provide zero-emission power to industrial facilities and large data centers.
The companies signed a memorandum of understanding in April to jointly develop commercial opportunities with high-energy users looking for reliable, affordable, and zero-carbon baseload supply. Terrestrial Energy said that working with Schneider “offers solutions to the major energy challenges faced by data center operators and many heavy industries operating a wide range of industrial processes such as hydrogen, ammonia, aluminum, and steel production.”
Concept art of Framatome's expansion of its Mill Ridge Road facility in Lynchburg, Va. (Image: Framatome)
An official groundbreaking last week at Framatome’s Mill Ridge Road facility, in Lynchburg, Va., marks the start of a $50 million expansion and an eventual addition of 500 employees, according to the nuclear company.
The Waste Isolation Pilot Plant. (Photo: DOE)
Investment banking on higher demand for SMR and large nuclear reactors
BWX Technologies announced today plans to expand and add advanced manufacturing equipment to its manufacturing plant in Cambridge, Ontario, Canada.
A $36.3 million USD ($50M CAD) expansion will increase the plant’s size by 25 percent—to 280,000 square feet—and another $21.7 million USD ($30M CAD) will be spent on new equipment to increase and accelerate its output of large nuclear components. The investment will increase capacity and create more than 200 long-term jobs for skilled workers, engineers, and support staff, according to the company.
A computer-generated rendering of the Sizewell site on the Suffolk coast. Sizewell A and B are to the left and center (respectively) in this image; the section to the right is the Sizewell C area. (Image: EDF Energy)
French nuclear developer Framatome is slated to deliver key equipment for Sizewell C Ltd.’s two large reactors planned for the United Kingdom’s Suffolk coast.
The agreement, reportedly worth multiple billions of euros, was announced this week and will involve Framatome from the design phase until commissioning. The company also agreed to a long-term fuel supply deal. Framatome is 80.5 percent owned by France’s EDF and 19.5 percent owned by Mitsubishi Heavy Industries.
Scott Forney (left), president of General Atomics Electromagnetic Systems and Mohamed Al Hammadi, managing director and CEO of ENEC. (Photo: General Atomics)
General Atomics announced last week that it will work with the Emirates Nuclear Energy Corporation to help find opportunities to support the United Arab Emirates.
Representatives from both companies signed a memorandum of understanding at the CERAWeek conference in Houston, Texas. The ENEC will work closest with General Atomics’ GA-EMS team, which develops new technologies and aims to deliver breakthrough solutions supporting environments from undersea to space.
Aerial photo of Warsaw city center in Poland.
The development of nuclear power is one of the pillars of Poland’s energy transition, which involves construction of safe and modern Generation III+ pressurized water reactors.
Polskie Elektrownie Ja˛drowe (PEJ) is the company responsible for, among other things, preparing the investment process for the construction of the first Polish nuclear power plant with a capacity of up to 3,750 MWe. PEJ’s goal is to build six nuclear reactors (for a total capacity of 6–9 GWe), securing 25 percent of the electricity needed in Poland by 2043 and guaranteeing a stable supply of clean energy to millions of homes across the country.