Search Results

Keyword:Small Modular Reactor

Armenia to Select Technology Solution for New Nuclear Power Plant by End of 2027

Armenia to Select Technology Solution for New Nuclear Power Plant by End of 2027

The Armenian government has set the end of 2027 as the deadline for selecting the technology solution for a new nuclear power plant. The project will eventually replace the existing Metsamor Nuclear Power Plant and has been incorporated into Armenia's government program for 2026 to 2031. According to the program, Armenia will advance the construction project for the new nuclear power plant and complete the reactor technology selection by at least the end of 2027. At present, the government has not yet disclosed the installed capacity, reactor type, or potential contractor for the new plant. Armenia has been evaluating nuclear power options from multiple countries in recent years, including both traditional large- or medium-sized nuclear units and small modular reactors (SMRs). Armenian officials have previously stated that units of relatively smaller scale, which are easier to connect to the national grid, are one of the key areas of focus for the government.

2026-08-23

Slovakia to Seek Seat on IAEA Board of Governors

Slovakia to Seek Seat on IAEA Board of Governors

Slovakia will seek a seat on the Board of Governors of the International Atomic Energy Agency (IAEA) during the Agency's General Conference in Vienna in September. The Slovak delegation will be led by Foreign Minister Juraj Blanár. Blanár stated that Slovakia is highly dependent on nuclear energy, and securing a seat on the Board would help the country play a greater role in decision-making related to nuclear safety and energy security. Slovakia also plans to use this opportunity to promote innovative nuclear technology applications, including small modular reactors, and to continue strengthening international cooperation in the peaceful uses of nuclear energy. If elected, the Chair of the Slovak Nuclear Regulatory Authority, Marta Žiaková, is expected to represent Slovakia at relevant IAEA Board of Governors meetings.

2026-08-23

Indian private enterprises lean toward 700 MWe pressurized heavy water reactors to enter nuclear power market

Indian private enterprises lean toward 700 MWe pressurized heavy water reactors to enter nuclear power market

As India plans to significantly expand its nuclear power capacity, the domestically developed 700 MWe pressurized heavy water reactor (PHWR) is emerging as the primary choice for new entrants in the country's civilian nuclear power sector. Industry players believe this reactor type has established a relatively mature design, supply chain, and engineering service system, making it more suitable as a starting point for private enterprises to enter the nuclear power field. India has proposed increasing its domestic civilian nuclear power capacity to 100 GWe by 2047. Recently, India released the draft rules for the SHANTI Act, establishing a regulatory framework for a broader nuclear power ecosystem, covering private participation, captive power generation, licensing management, safety oversight, and nuclear liability. At an energy summit held in New Delhi...

2026-08-23

Gujarat seeks to attract small modular reactor manufacturing projects

Gujarat seeks to attract small modular reactor manufacturing projects

On the fifth day of his visit to the United States, Gujarat Chief Minister Bhupendra Patel met with executives from several global companies in New York to advance investment outreach for the Vibrant Gujarat Global Summit 2027. The meetings included Kyndryl, BlackRock, and Holtec International. During the talks with Holtec International, the two sides focused on nuclear technology and manufacturing cooperation. Holtec International primarily provides spent fuel storage and related solutions for nuclear power plants and has already established a precision manufacturing facility in Gujarat to meet growing demand for air-cooled condensers. According to an official statement, the company plans to expand this facility in 2025.

2026-08-23

Ghana Acquires Nuclear Power Plant Simulator to Advance Nuclear Talent Training

Ghana Acquires Nuclear Power Plant Simulator to Advance Nuclear Talent Training

The Ghana Atomic Energy Commission (GAEC) has installed a nuclear power plant simulator at its simulation center for personnel training, operational procedure drills, and safety capacity building, in preparation for Ghana's future nuclear power program. The facility allows trainees to familiarize themselves with plant control, operations, and emergency response procedures in a controlled environment before the actual construction of a nuclear power plant. George Kofi Appiah, Manager of the Localization and Stakeholder Support Center at the GAEC Nuclear Power Institute, stated that the simulator will help Ghana develop the professional capabilities needed to safely operate nuclear facilities. The remarks were made during a media professionals' tour organized by the Nuclear Power Ghana (NPG)...

2026-08-23

Singapore and India to Explore Cooperation on Small Modular Reactors

Singapore and India to Explore Cooperation on Small Modular Reactors

On August 20, the fourth India-Singapore Ministerial Roundtable was held in Singapore. After reviewing progress in the six existing areas of cooperation, both sides proposed to further explore cooperation in new areas such as space and nuclear technology. Singapore's Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, who led the Singapore delegation, said after the meeting that Singapore and India are satisfied with the good progress of cooperation in the six areas of sustainable development, digitalization, skills development, healthcare and pharmaceuticals, advanced manufacturing, and connectivity. Among the new areas of cooperation, nuclear technology became one of the topics discussed by both sides, with a focus on...

2026-08-21

Hennessy Capital VII and ONE Nuclear Advance "Gas-to-Nuclear" Data Center Power Supply Plan

Hennessy Capital VII and ONE Nuclear Advance "Gas-to-Nuclear" Data Center Power Supply Plan

Hennessy Capital Investment Corp. VII and ONE Nuclear recently held a joint investor update to review the latest progress of their proposed business combination and disclosed ONE Nuclear's gas-to-nuclear strategy developed around the power supply needs of hyperscale data centers. According to relevant documents, the S-4 registration statement filed by both parties became effective on August 3, 2026, and Hennessy Capital VII has mailed the final proxy statement to shareholders of record as of July 31, 2026, for a vote on the business combination. ONE Nuclear stated that its business path will begin with behind-the-meter natural gas power generation to provide faster-deployable on-site electricity for data centers...

2026-08-21

Uzbekistan Prepares for Second Nuclear Power Plant Project

Uzbekistan Prepares for Second Nuclear Power Plant Project

Uzbek President Shavkat Mirziyoyev said on August 17 at a ceremony launching investment projects in the Khorezm region that Uzbekistan is carrying out large-scale preparatory work for the construction of a second nuclear power plant. This marks the first time the country has publicly mentioned the second NPP project. Mirziyoyev said Uzbekistan has advanced a number of energy and infrastructure projects in recent years, with the nuclear power plant under construction in the Jizzakh region being one of them. He noted that the second NPP is still in the preparation stage, with the project site, installed capacity, construction timeline, and potential contractors yet to be announced. At the same event, U...

2026-08-21

U.S. Apollo Atomics Secures $31 Million in Funding to Advance Commercialization of Compact Pressurized Water Reactor

U.S. Apollo Atomics Secures $31 Million in Funding to Advance Commercialization of Compact Pressurized Water Reactor

U.S.-based Apollo Atomics recently announced the completion of a $31 million seed funding round to advance the commercialization of its next-generation compact pressurized water reactor. Incubated by the Massachusetts Institute of Technology (MIT) and backed by Y Combinator, the company plans to shift the reactor from the traditional one-off large-scale construction model to a factory-manufactured, scalable product. The round was led by FCVC, with participation from Y Combinator, Telesoft Partners, Alumni Ventures, Robinhood Ventures, Nucleation Capital, Pelion VC, and Duke Capital Partners. The company stated that the proceeds will be used to...

2026-08-21

South Korea's DaeChang Solution Secures Special Steel Contract for French Nuclear Power Turbines

South Korea's DaeChang Solution Secures Special Steel Contract for French Nuclear Power Turbines

South Korean steel casting manufacturer DaeChang Solution Co. announced on August 21 that it has signed a special steel supply contract with Arabelle Solutions France, with the products to be used in steam turbines for small modular reactors (SMRs) and large nuclear power plants. According to the announcement, the contract value is EUR 50.7649 million, equivalent to approximately KRW 82.631 billion based on the initial market exchange rate of KRW 1,627.72 per euro on the contract signing date. This amount represents 138% of DaeChang Solution's 2025 consolidated sales of KRW 59.877 billion. Of the contract value, 70% is a fixed amount, i.e., EUR 37.2055 million...

2026-08-21

South Korea Raises 2040 Electricity Demand Forecast, Increment Equivalent to 19 Large Nuclear Power Units

South Korea Raises 2040 Electricity Demand Forecast, Increment Equivalent to 19 Large Nuclear Power Units

A forum on the formulation of South Korea's 12th Basic Plan for Electricity Supply and Demand was held in Seoul on August 20. The new round of electricity demand forecasts submitted at the meeting showed that by 2040, South Korea's annual maximum electricity demand is expected to reach 158.4 GW to 165.0 GW, an upward revision of 26.6 GW to 26.8 GW compared to the forecast proposed in April this year. Based on the 1.4 GW single-unit capacity of the AP1400 large nuclear power unit under construction in South Korea, the increment in electricity demand from this upward revision is equivalent to the electricity provided by approximately 19 large nuclear power units operating at full power. The previous April forecast for the 2040 annual maximum electricity demand was 131.8 GW to 138.2 GW. The new forecast reflects semiconductor industry clusters...

2026-08-21

Russia Plans to Add Approximately 30 GW of Nuclear Power Capacity and Expand Regional Deployment

Russia Plans to Add Approximately 30 GW of Nuclear Power Capacity and Expand Regional Deployment

Russian President Vladimir Putin stated at a meeting on nuclear energy development that Russia will continue to uphold high standards of nuclear power plant safety and reliability, and plans to add approximately 30 GW of nuclear power capacity, including small modular reactors. Putin said the new capacity will not only replace units approaching the end of their service life, but also significantly increase Russia's total nuclear power generation capacity. Russia also plans to expand the geographical deployment of nuclear power units, building a new generation of nuclear power plants in the Urals, Siberia, and the Far East to provide affordable clean electricity to these regions. He also noted that Russia will strengthen...

2026-08-21

OECD Nuclear Energy Agency and the United States to Co-Host "New Nuclear Roadmap 2026" Conference

OECD Nuclear Energy Agency and the United States to Co-Host "New Nuclear Roadmap 2026" Conference

The OECD Nuclear Energy Agency (NEA) and the United States will co-host the New Nuclear Roadmap 2026 conference on September 17-18, 2026, in Paris, France. The conference will bring together ministers, senior government representatives, industry leaders, investors, experts, and relevant stakeholders to discuss the policy, industrial, and financial conditions required for the large-scale deployment of new nuclear capacity. U.S. Secretary of Energy Chris Wright stated that the world needs more energy and that nuclear energy will play an important role in addressing this demand. The U.S. Department of Energy will co-host the conference with partners to advance nuclear innovation, strengthen international cooperation, and continue to promote global nuclear energy development...

2026-08-20

Port of Long Beach Advances Offshore Small Modular Reactor Project

Port of Long Beach Advances Offshore Small Modular Reactor Project

The Port of Long Beach in California, USA, is advancing an exploratory project for an offshore small modular reactor (SMR) system that could one day provide electricity for port operations, terminal equipment, charging infrastructure, and vessels at berth. If the project ultimately comes to fruition, it could become one of California's first new nuclear power projects in nearly 50 years. The project partner is Bluecore Energy, a startup founded less than a year ago that plans to develop small nuclear reactors deployable on floating barges. The Port of Long Beach has leased the Pier 48 site to the company for technology development and testing. Previously, the Port of Long Beach also...

2026-08-19

TerraPower Plans to Deepen South Korean Supply Chain Cooperation to Advance K-Sodium SMR Business Model

TerraPower Plans to Deepen South Korean Supply Chain Cooperation to Advance K-Sodium SMR Business Model

TerraPower CEO Chris Levesque recently stated that South Korea possesses strong nuclear supply chain capabilities, with both a foundation in small modular reactor (SMR) construction and familiarity with the stable power demands of AI data centers, semiconductors, and other industries. TerraPower plans to further strengthen cooperation with South Korean companies in supply chain and project manufacturing. Levesque stated that small modular reactors are not a technology intended to replace traditional large-scale nuclear power plants, but rather a new class of energy solution targeting incremental electricity demand in the AI era. He recently met with TerraPower Chairman Bill...

2026-08-19