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Sweden's 1.2 GW BWRX-300 Nuclear Power Project Identifies Strategic Partners

Studsvik AB announced on September 3 that it has selected GE Vernova Hitachi Nuclear Energy and Samsung C&T as strategic partners for its first nuclear power project in Sweden following a competitive evaluation. The project is planned to proceed at Studsvik's existing licensed site in Nyköping or at the Målma site in Valdemarsvik. Under the arrangement, the parties will work with GE Vernova's financial services business and DS Investment Partners to advance Sweden's first nuclear power project comprising four BWRX-300 units, ...

2026-09-03

Blue Energy and GVH Advance 2.5 GW Gas-Plus-Nuclear Project in Texas

Blue Energy and GE Vernova Hitachi Nuclear Energy (GVH) announced on August 13 that they have signed an agreement to launch the next phase of deploying a 2.5 GW gas-plus-nuclear power project in Texas, United States. The project is located in Victoria, Texas. Under the agreement, the two parties will advance project engineering, licensing applications, and safety analyses, with a final investment decision planned for 2027. The project is expected to utilize GE Vernova's 7HA.02 gas turbine and GVH's BWRX-300 small modular reactor...

2026-08-14

U.S. NRC to Debut Modernized Hearing Process in Advanced Reactor Licensing Review for the First Time

The U.S. Nuclear Regulatory Commission (NRC) will hold a public hearing on August 13 in Oak Ridge, Tennessee, to consider the Tennessee Valley Authority's (TVA) application to build a small modular reactor at the Clinch River site. This will mark the first time the NRC applies its modernized mandatory hearing framework in an advanced reactor licensing review. According to the NRC, the new hearing process is designed to give the public earlier insight into the agency's review of the project's safety and environmental impacts, while improving the transparency, predictability, and efficiency of licensing reviews. As part of its licensing modernization efforts, the NRC currently aims to complete construction permit-related decisions within 18 months. TVA plans to...

2026-08-07