I received a pleasant surprise near the end of May while performing a spot check of my modest portfolio of individual stocks. Lightbridge (NASDAQ: LTBR), a holding that hasn’t performed well for several years, had nearly doubled since my check a week before. Since then it has ratcheted up another 20% or so. My online…
Jake DeWitte and Caroline Cochran, the cofounders of Oklo, a start up company that is developing a 1-2 MWe nuclear reactor-based power system for remote areas, have been credited with drawing attention to a problem that can be solved by a government policy decision. “Nearly all advanced reactors have a need for low enriched fuel…
Simon Irish, the Chief Executive of Terrestrial Energy, provided a project update to the 7th Annual SMR and Advanced Reactor Summit organized by Nuclear Energy Insider. What Is Terrestrial Energy Doing To Move Its Design To Market? His company is developing an Integral Molten Salt Reactor (IMSRTM). He noted that he had last provided information…
In late March, Senator Lisa Murkowski and her staff played host to some of the leading thinkers in the growing community of people who believe that nuclear energy is too important to fail without trying to do things both differently and better. The occasion of the meeting was the introduction and release of a new…
Yesterday, the Nuclear Regulatory Commission accepted NuScale’s 12,000 page design certification application (DCA). That action starts the safety determination process, which is scheduled to take 40 months. Completed on December 31, 2016 and submitted to the NRC on January 12, 2017, NuScale’s certification application has been subjected to a 60 day checklist review designed to…
Nuclear Energy Insider, a UK based trade publication and conference organizer that shares an acronym name with the Nuclear Energy Institute, will be holding its 7th annual early spring event focusing on small and advanced reactors. The Summit includes a face-paced, two day agenda on March 30-31. The venue is the conveniently located Westing Buckhead,…
Three state-owned Indonesian companies, Pertamina, PLN and INUKI, have completed the ThorCon technology pre-feasibility study agreed to in the Memorandum of Understanding with ThorCon International. The ten-month study concluded that the ThorCon molten salt reactor design could deliver safe, cheap, clean energy, could be built now, would be economically viable, and would have the potential…
Senator Carper (D-DE) asked each witness at a March 8 hearing about NEIMA – Nuclear Energy Innovation and Modernization Act – to give one suggestion for improving the bill. If asked, my answer would be to include findings that emphasize the importance of U.S. government-owned testing facilities that are capable of supporting the NRC licensing…
Yesterday, on International Women’s Day, the Senate Environment and Public Works (EPW) committee held a hearing that provided both visible and audible proof that times are changing in the political and public acceptance of nuclear energy. The committee organized the hearing in order to gather information and invited stakeholder feedback related to the recently reintroduced…
If a U.S.-based researcher or reactor designer needs to irradiate fuel or material with fast neutrons for testing, their current options are extremely limited. No domestic test facility can provide enough fast neutrons to do anything more than slowly irradiate a small quantity of tiny samples. Anything more requires the full cooperation of either Russia…
If you gather enough nuclear nerds and atomic geeks into a single location and include some talented professional communications experts, it’s possible to make a social media splash and capture attention – at least for a short period of time. That is one of the lessons I learned yesterday while attending Third Way’s Advanced Nuclear Summit…
South Korea (ROK), Japan and the United States all have large nuclear energy programs that are facing a variety of challenges limiting their growth, namely opposition by the nonproliferation industry to wider deployment of enrichment and recycling technologies. There is interest and opportunity to collaborate in developing solutions in areas where challenges overlap. The Global…