Search Results

Global Advanced Nuclear Energy Market Report Focuses on SMR and Fusion Development

The recently released "Global Advanced Nuclear Energy Market Report 2027–2047" shows that the global advanced nuclear energy industry is transitioning from concept validation and early-stage R&D to a new phase where project deployment, capital inflow, and supply chain development proceed in parallel. The report uses 2027 as the base year with a two-year baseline period to assess the development trajectory of the advanced nuclear energy market over the next 20 years. It covers small modular reactors (SMRs), nuclear fusion, and a range of emerging advanced nuclear technologies, including molten salt reactors, high-temperature gas-cooled reactors, lead-cooled fast reactors, sodium-cooled fast reactors, microreactors, advanced fuel cycles, integrated nuclear energy systems, and the application of artificial intelligence in nuclear power plant operations...

2026-09-02

South Korea's Nuclear Safety Regulatory Budget for 2027 Rises to KRW 303 Billion

The Nuclear Safety and Security Commission (NSSC) of South Korea announced on September 1 that it has allocated KRW 303 billion for the 2027 budget, an increase of KRW 10.4 billion from this year. The new budget focuses on areas such as small modular reactor regulation, spent nuclear fuel safety, nuclear facility decommissioning review, environmental radiation monitoring, and nuclear safety information disclosure. Regarding small modular reactors, as non-light water reactor-type small modular reactor development projects aim to obtain licenses by the early 2030s, South Korea will invest KRW 8 billion in R&D to establish a new safety evaluation system. In addition, in line with the preliminary review system set to take effect in November this year, the government has allocated KRW 2.7 billion to conduct preliminary reviews of non-light water reactor-type small modular reactors expected to file applications next year. This system allows applicants to request regulatory review of reactor designs before formally submitting license applications.

2026-09-02

Major Breakthrough in Residual Stress Research on Key Aviation Materials in China

Nickel-based single-crystal superalloys are key materials for manufacturing turbine blades in aviation engines. Recently, the neutron scattering team from the Department of Nuclear Physics at the China Institute of Atomic Energy (CIAE) under CNNC, leveraging the Engineering Science Stress Spectrometer at the China Advanced Research Reactor (CARR), overcame technical challenges in residual stress measurement of single-crystal superalloys and established a precise three-dimensional residual stress testing method based on neutron diffraction. This provides an effective solution for residual stress assessment of critical aviation materials and lays a solid methodological foundation for the in-depth application of the CARR Engineering Science Stress Spectrometer in high-end manufacturing. During high-temperature heat treatment or service of nickel-based single-crystal superalloys...

2026-09-02

U.S. Laboratory and Company Collaborate to Advance TRISO Thorium Fuel Development

Lawrence Livermore National Laboratory (LLNL) in the United States is collaborating with micro nuclear reactor startup AMPERA to advance next-generation reactor fuel development using novel metal particle manufacturing technology. The collaboration focuses on tristructural isotropic (TRISO) coated particle fuel, aiming to provide more durable fuel solutions for advanced reactors operating at higher temperatures and with longer service lifetimes. Small modular nuclear fission reactors are viewed as a distributed energy option deployable in remote areas, military installations, and industrial sites. Compared with traditional light-water reactors, some advanced reactors...

2026-09-01

Manila Electric Company Advances Small Modular Reactor Feasibility Study in the Philippines

Manila Electric Company (Meralco) and its power generation arm, Meralco PowerGen Corporation (MGEN), have commissioned U.S. engineering firm Sargent & Lundy and its Philippine local partner, AMH Philippines Inc. (AMH), to conduct a comprehensive feasibility study on Small Modular Reactors (SMRs). MGEN announced on September 1 (local time) that the study is part of a $2.8 million technical assistance program provided by the U.S. Trade and Development Agency (USTDA). The program was officially announced in February 2026, with the goal of completing the study by the fourth quarter of 2027...

2026-09-01

Fourteen academic societies in South Korea call for protection of KRR-1 research reactor auxiliary buildings

On September 1, fourteen academic societies and associations, including the Korean Nuclear Society, issued a statement welcoming the temporary registration of the reactor hall and auxiliary buildings of Research Reactor Unit 1 (KRR-1, TRIGA Mark-II) in Gongneung-dong, Nowon-gu, Seoul, as nationally registered cultural heritage, and urged Korea Electric Power Corporation (KEPCO), the owner of the site and buildings, to promptly submit a formal registration application. Panoramic view of KRR-1, South Korea's first research reactor. Korea National Heritage Administration The Korea National Heritage Administration had placed the KRR-1 reactor hall and auxiliary buildings on the temporary list of nationally registered cultural heritage on July 1 through the emergency measures system, suspending related demolition work. However, if a formal registration application is not submitted by the end of December this year, the temporary listing will lapse and demolition work may resume.

2026-09-01

Singapore to Seriously Evaluate Nuclear Energy Options to Safeguard Energy Autonomy

Singapore's Senior Minister Lee Hsien Loong said on August 31, before concluding his official visits to Kazakhstan and Uzbekistan, that Singapore has not yet decided whether to adopt nuclear energy, but must seriously study whether nuclear energy is applicable to the country, preserving autonomous options for future energy supply and avoiding being constrained by external conditions during the energy transition. Both Kazakhstan and Uzbekistan are oil and gas producers and are also advancing nuclear power projects to enhance the resilience of their energy systems. Kazakhstan is currently building its first nuclear power plant in cooperation with Russia; Uzbekistan has held the groundbreaking ceremony for its first small modular reactor nuclear power plant and initiated design work...

2026-09-01

Sweden's Blykalla applies for government funding for advanced reactor park at Tierp

Untra Nuclear Power AB, a wholly owned project company of Swedish advanced nuclear energy firm Blykalla Group, submitted an application on August 31 seeking state support for investment in a new nuclear power plant. The project plans to build an advanced reactor park in the Untra area of Tierp municipality, Uppsala County, Sweden, with 6 to 8 SEALER-55 units planned. According to the project plan, if 8 units are built, the plant's total installed capacity would reach 440 MW, with an estimated annual generation of 3.68 TWh. Blykalla Group had previously submitted a government approval application for the project on August 25. Sweden's new nuclear financing model has...

2026-09-01

First Russia-IAEA Small Modular Reactor Training Course Concludes in Murmansk

On August 31, the Small Modular Reactor training course jointly organized by Rosatom Technical Academy and the International Atomic Energy Agency (IAEA) concluded in Murmansk, Russia. The training focused on operational experience and future prospects of small modular reactors. The five-day training brought together participants from Asia, Africa, the Middle East, and Latin America, including representatives from national nuclear energy agencies, regulatory bodies, and organizations interested in developing small nuclear power projects. Participants exchanged views on the current state of small modular reactor technology, readiness for engineering application, and deployment prospects. The course highlighted Russia's...

2026-09-01

Australian One Nation leader calls for two nuclear reactors in Victoria

Australian One Nation leader Pauline Hanson recently stated that two nuclear reactors should be built on Australia's east coast. She also emphasized that the party's proposal differs from the nuclear power plan previously put forward by Liberal Party leader Peter Dutton. Hanson made these remarks while campaigning in Victoria for the November state election. Her statements go beyond the party's existing public policy. Under the party's published policy, Australia should build one reactor at a site supported by community consultation. Hanson said nuclear reactors are necessary, but the energy mix also needs to remain diverse, and she advocated for continuing to operate coal-fired power stations.

2026-09-01

US TerraPower Awards Additional Natrium Reactor Supplier Contracts

US nuclear innovation company TerraPower announced on August 31 that it has selected 12 suppliers to continue advancing the supply chain for its first Natrium nuclear power plant—Kemmerer Unit 1 in Wyoming, USA. The project is currently under construction, and TerraPower describes it as the first utility-scale advanced reactor project under construction in the Western Hemisphere. Pat Young, Senior Vice President of TerraPower and Director of the Natrium Project, stated that securing supplier contracts is a critical step in building the resilient supply chain needed for advanced nuclear power plant construction. With the signing of these contracts, the company is expanding its network of qualified partners and advancing the key milestones required for Natrium reactor commercialization.

2026-09-01

KHNP Holds Executive Forum to Discuss Future Nuclear Power Strategies

On August 31, Korea Hydro & Nuclear Power (KHNP) held an executive forum at its headquarters, with approximately 50 key executives in attendance to discuss the company's future vision and mid-to-long-term management direction. The meeting was designed to allow KHNP President Kim Hoi-tyun to share insights gained from his recent on-site management and inspections of domestic and international business operations, and to discuss the company's next-phase development priorities based on these findings. Agenda items included the application of artificial intelligence in the nuclear energy sector, enhancement of nuclear power plant operational capabilities, and strategic directions for the future small modular reactor (SMR) market. Participants assessed the company's existing business foundation and internal ca...

2026-09-01

US Antares Selected for DOE Nuclear Energy Launch Pad Program

Antares has been selected for the U.S. Department of Energy (DOE) Nuclear Energy Launch Pad program. Led by the DOE Office of Nuclear Energy and the National Reactor Innovation Center (NRIC), the program aims to advance nuclear technologies from concept to commercial deployment. This selection further expands Antares' business footprint in Texas. Previously, the company was selected to deliver a microreactor to Joint Base San Antonio under the U.S. Air Force's Advanced Nuclear Power Facilities program. Antares CEO and co-founder Jordan Bramble stated that the reactor pilot program has accelerated the company's growth and...

2026-08-31

Taiwan plans to include small modular reactors and nuclear fusion in new energy exploration

Taiwan's administrative agency head Cho Jung-tai stated on August 26 that, in response to the rapid global development of energy technologies, Taiwan maintains an open attitude toward new nuclear energy technologies and has gradually invested in research and evaluation of directions such as small modular reactors (SMRs) and nuclear fusion. Relevant budgets have been included in discussions, and the central government's general budget for the next fiscal year also plans to allocate funds for engaging with and tracking global nuclear fusion technology progress. Cho Jung-tai stated at a new energy forum that day that, for Taiwan, energy types that have not yet entered large-scale commercial application or whose research and development technologies are still immature can all be regarded as targets for new energy exploration. In addition to technologies such as geothermal, small hydropower, and hydrogen energy, new nuclear energy has also been listed as a direction for future sustained observation and research...

2026-08-31

India's Tata Consulting Engineers Calls for Expanded Private Sector Participation in Nuclear Energy R&D

Amit Sharma, Managing Director and Chief Executive Officer of Tata Consulting Engineers (TCE), said that India's Department of Atomic Energy (DAE) should focus more on national strategic objectives and engage in deeper collaboration with the private sector in nuclear power generation-related fields. Sharma stated that TCE has partnered with India's nuclear program for over five decades. The DAE's original core mission was to serve national strategic needs rather than directly undertake power generation. He believes the DAE could draw on the experience of the Indian Space Research Organisation (ISRO) in promoting private sector development, allowing enterprises greater scope for participation in nuclear energy R&D.

2026-08-31