Shipping nuclear propulsion start-up CORE POWER is set to reach a funding milestone of $500m, which will support the UK-based company in finishing the technology designs and building the program for the maritime industry. CORE […]
Daily Standup Top Stories Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation October 14, 2024 Mariel Alumit Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns about the global economic outlook. He cited geopolitical tensions, particularly […]
Alphabet Inc.’s Google is investing in the development of the next generation of nuclear power, backing a company that’s building small modular reactors and agreeing to purchase energy once the sites start supplying US grids. […]
The Department of Defense (DoD) has broken ground at Idaho National Laboratory (INL) on the Project Pele transportable nuclear reactor. The reactor, under a Strategic Capabilities Office (SCO) initiative, is being manufactured by BWXT Advanced […]
Rolls-Royce SMR has been selected as the preferred supplier to build Small Modular Reactors (SMRs) in Czechia, according to an announcement from the Czech Government and ČEZ Group, the country’s state utility company. This decision […]
Rolls-Royce is preparing to sell a stake in its small nuclear reactor business to secure additional funding. The company’s Chief Executive, Tufan Erginbilgic, confirmed that they are in discussions with potential investors. According to The […]
Rolls-Royce SMR Ltd’s 470MWe Small Modular Reactor (SMR) design has successfully completed Step 2 of the Generic Design Assessment (GDA). This stage confirms that Rolls-Royce SMR Ltd has met the necessary requirements and will now […]
Virginia’s largest utility said Wednesday that it will explore the possibility of using small nuclear reactors to help meet growing electricity demands while reducing greenhouse gas emissions. Nuclear power has been emerging as an attractive option […]
The French nuclear giant EdF, the government owned company that manages the country’s vast fleet of nuclear power stations, has reportedly scrapped its plans to develop a new design for small nuclear reactors because of […]
A new Citi Research report from a team led by Arkady Gevorkyan looks at trends in nuclear energy and how the next decade looms as a pivotal point for global growth. Nuclear energy, one the […]
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