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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 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

The Second Working Meeting of 2026 of the Special Review and Supervision Task Force for the Hainan Changjiang Small Modular Reactor Demonstration Project Convened

To further strengthen the regulatory oversight of the Hainan Changjiang Multi-purpose Modular Small Modular Reactor Science and Technology Demonstration Project (hereinafter referred to as the Small Modular Reactor Demonstration Project), the Nuclear Power Safety Regulatory Department of the Ministry of Ecology and Environment recently organized and convened the Second Working Meeting of 2026 of the Special Review and Supervision Task Force for the Small Modular Reactor Demonstration Project. Representatives from the South China Regional Office of Nuclear and Radiation Safety Supervision, the Nuclear and Radiation Safety Center, the China Machinery Productivity Promotion Center, the operating organization, and the design organization attended the meeting. The meeting focused on dialogue and exchanges regarding unresolved review issues of the Small Modular Reactor Demonstration Project, and reviewed the implementation status of action items from the first task force meeting, the overall project review status, on-site supervision status...

2026-08-18

South Korea's Nuclear Expansion Faces Fuel Supply Pressure as Enriched Uranium Costs Surge Nearly Sixfold in Seven Years

Against the backdrop of accelerating global nuclear power construction and surging electricity demand from AI data centers, the nuclear fuel supply chain is facing new tensions. Due to limited uranium enrichment capacity and sanctions affecting Russian-related supplies, international uranium enrichment prices have risen sharply over the past seven years. South Korea's nuclear expansion plans are consequently facing fuel procurement pressure, with industry experts concerned that if mid- to long-term nuclear fuel security proves insufficient, newly built nuclear units could face operational risks in the future. Korea Hydro & Nuclear Power (KHNP) recently disclosed that South Korea's domestic annual enriched uranium consumption is expected to increase from approximately 460 tons currently to about 540 tons next year. The rising demand mainly stems from the overlap between life-extension operations of some older nuclear units and the commissioning of new units...

2026-08-18

Japan's Nuclear Power Revival Enters Supply Chain Rebuilding Phase, with Spent Fuel and Engineering Capacity as Key Constraints

As Japan advances energy security, reduces dependence on fossil fuel imports, and expands low-carbon electricity supply, the focus of the country's nuclear power market is shifting from mere reactor restarts to a comprehensive supply chain rebuild covering manufacturing, operations and maintenance, life extension, fuel cycle, and waste management. GlobalData estimates Japan's nuclear power generation at 101.0 TWh in 2025 and projects it to increase to 123.3 TWh by 2035. Japan's policy target is to maintain nuclear power at approximately 20% to 22% of the electricity generation mix. Based on total annual electricity demand of approximately 1,050 TWh, a 20% nuclear share corresponds to about 210 TWh, while a 22% share corresponds to about 231 TWh. Compared with the 2025 nuclear generation figure of 101.0 TWh, the estimated gap is approximately 109 TWh to 130 TWh.

2026-08-18

First American Nuclear Company's Regulatory Engagement Plan for Proposed HALEU Fuel Facility Accepted for Docketing by NRC

First American Nuclear Co. (FANCO) announced on August 17 that its regulatory engagement plan for the proposed Class II high-assay low-enriched uranium (HALEU) conversion and fuel fabrication facility has been accepted for docketing by the U.S. Nuclear Regulatory Commission (NRC). The facility will serve the company's EAGL-1 small modular reactor project currently under development. According to the company's disclosure, the NRC ADAMS accession number for the letter of intent is ML26222A181, and the NRC ADAMS accession number for the regulatory engagement plan is ML26222A177. This submission advances the pre-application regulatory engagement between FANCO and the NRC regarding the proposed ceramic fuel fabrication facility. The facility is planned to support the EAGL-1 lead-bismuth...

2026-08-18

India Unveils Nuclear Energy Self-Reliance Roadmap, Targeting 100 GW Nuclear Capacity by 2047

India's Minister of State for the Prime Minister's Office, Jitendra Singh, recently stated in a written reply to the Lok Sabha that India is accelerating the development of its domestic nuclear energy ecosystem, with key focus areas including advanced reactor technologies, small modular reactors, domestic manufacturing capabilities, private sector participation, and the long-term development and utilization of thorium resources. Singh stated that India's long-term nuclear energy strategy remains based on its three-stage nuclear power program, aiming to gradually utilize the country's relatively abundant thorium resources while ensuring long-term energy security. India proposed a Nuclear Energy Mission in its 2025-2026 federal budget, planning to expand nuclear power capacity to 100 GW by 2047...

2026-08-17

India Releases Detailed Project Report for 300 MWe Bharat Small Modular Reactor

The release of the Detailed Project Report (DPR) for India's 300 MWe Bharat Small Modular Reactor (BSMR-300) marks a new milestone in India's indigenous small modular reactor program. The report was released on August 14, 2026, and was jointly prepared by the Bhabha Atomic Research Centre (BARC) and the Nuclear Power Corporation of India Limited (NPCIL). The project falls under the indigenous Small Modular Reactor (SMR) program advanced by India's Department of Atomic Energy (DAE), positioned as a complement to India's existing large-scale nuclear power construction projects and offering captive nuclear power solutions. According to the released information, the BSMR-300 is designed as a fully indigenously developed Generation III+ pressurized water reactor with an installed capacity of 300 MWe. The project continues...

2026-08-17

SK Deepens Cooperation with TerraPower, Targeting Nuclear Power Supply for AI Data Centers

According to industry sources, SK Group Chairman Chey Tae-won recently met with TerraPower Board Chairman Bill Gates in Seoul. The two sides exchanged views on next-generation nuclear power technology, electricity demand from AI data centers, and global energy cooperation. (From left to right) TerraPower CEO Chris Leveque, SK Innovation CEO Choo Hyung-wook, SK Group Chairman Chey Tae-won, TerraPower Board Chairman Bill Gates, and TerraPower Senior Vice President of Business Development Jeff Miller at a meeting before a dinner at Seonhyewon restaurant in Jongno-gu, Seoul, on August 14, 2026...

2026-08-17

Energoatom and the E.O. Paton Electric Welding Institute of the National Academy of Sciences of Ukraine Sign Scientific and Technical Cooperation Agreement

On August 13, Pavlo Kovtoniuk, head of Ukraine's national nuclear energy company Energoatom, and Ihor Kryvtsun, director of the E.O. Paton Electric Welding Institute of the National Academy of Sciences of Ukraine, signed a scientific and technical cooperation agreement. Under the agreement, the two parties will integrate scientific research and engineering technical resources to provide technical support for the safe operation of nuclear power units and other nuclear energy facilities, and will cooperate in areas such as extending the service life of reactor installations and the feasibility study and implementation of new nuclear power unit projects...

2026-08-15

Korea Eximbank to Promote Financial Cooperation with TerraPower on Small Modular Reactors

The Export-Import Bank of Korea (KEXIM) is in talks on financial cooperation with TerraPower, a U.S. next-generation nuclear energy company, with both sides planning to establish a support mechanism centered on the commercialization of small modular reactors (SMRs) and overseas market expansion. According to KEXIM, bank Chairman Hwang Gi-yeon recently met with TerraPower Chairman Bill Gates, and the two sides exchanged views on expanding the global SMR ecosystem and advancing Korea-U.S. next-generation nuclear energy cooperation. TerraPower was founded by Bill Gates in 2008 and focuses on developing next-generation nuclear energy technologies. The company has developed the "Natrium" next-generation reactor using sodium-cooling techn...

2026-08-16

KHNP Maps Out SMR Security System to Address Drone and Nuclear Material Threats

Korea Hydro & Nuclear Power (KHNP) is preparing to establish a new security response system for Small Modular Reactors (SMRs) and decommissioned nuclear power plants. Due to their smaller size and more flexible deployment methods, SMRs may be distributed across different regions in the future, and the security risks they face are not entirely identical to those of traditional large-scale nuclear power plants. KHNP plans to launch a research service on physical protection implementation plans related to new nuclear energy projects in September, focusing on assessing risks such as terrorist attacks, external intrusion, theft of nuclear materials, facility sabotage, and drone attacks. Physical protection refers to a nuclear security system established for nuclear materials and nuclear facilities, encompassing prevention, detection, interdiction, and emergency response.

2026-08-15

Bill Gates Visits South Korea to Promote TerraPower Small Modular Reactor Cooperation

Bill Gates recently held a series of intensive meetings in South Korea with government agencies, financial institutions, and nuclear power industry chain companies, discussing the commercialization of TerraPower's small modular reactor (SMR), supply chain development, and global market expansion. Gates is the founder of TerraPower, which is advancing a next-generation small modular reactor project based on sodium-cooled fast reactor technology. Korea Eximbank (KEXIM) President Hwang Ki-yeon said on the 14th that he had met with Gates, and the two sides discussed financial cooperation plans needed for SMR commercialization and global market entry. Korea Eximbank plans to provide Terra...

2026-08-15

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

Doosan Enerbility Secures Manufacturing Contract for Key Equipment for TerraPower's Small Modular Reactor

Doosan Enerbility announced on August 14 that it has signed a manufacturing contract with TerraPower to produce key equipment for the latter's Natrium advanced reactor project. TerraPower, founded by Bill Gates, is one of the advanced nuclear energy technology companies in the United States. Under the contract, Doosan Enerbility will be responsible for manufacturing key components required for the Natrium reactor, including the reactor protection vessel, reactor support structures, and reactor internal structures. The two parties have previously collaborated. In December 2024, Doosan Enerbility and TerraPower signed a manufacturability review contract for key equipment for the first unit of the initial small modular reactor, and...

2026-08-14