The U.S. military has a strong and growing interest in using small and micro nuclear reactors as a means of reducing logistics challenges and improving operational resilience. They like nuclear reactors for their ability to operate independently of the grid for years without needing any new fuel. Almost as important is their ability to be…
Aalo Atomics is a three year old company that is focused on designing, manufacturing and deploying nuclear reactors. Their stated goal is to achieve an electricity production cost of less than $0.03 (3 cents) per kilowatt hour. It’s moving fast. It built a 40,000 ft² pilot scale manufacturing plant in Austin, TX in just one…
On June 23, New York’s Governor Hochul announced that she had directed the New York Power Authority to build a new nuclear energy facility with at least 1 GWe of capacity. During the announcement speech, she provided several bits of information leading to an informed prediction that the facility will initially include 4 BWRX-300’s on…
The University of Illinois-Urbana Champagne (UIUC) is planning to build a uniquely capable micro reactor project on its campus. For decades, the university hosted a traditional research reactor that supported important research projects and provided operating experience. But, like the majority of university research reactors, it did not produce any useful heat or electricity. Kronos…
I’ll start with a disclosure. I’m still long on NuScale in my personal portfolio and have no intention of changing that position in the near future. I believe that the company has a good product and excellent potential for growth. The image above with Jose Reyes and me is from a visit I paid to…
Westinghouse, one of the world’s first nuclear power plant vendors, recently announced a new small modular reactor (SMR) design called the AP300. It is described as a simplified version of the AP1000, four of which are currently operating in China and two of which are in the final stages of operational testing in Georgia, United…
Last Energy is an innovative new company governed by a philosophy of avoiding the invention of anything that has not been done before. They have created a business that is laser focused on building, owning and operating small (20 MWe), modular pressurized water reactors and selling the electricity they produce under long term power purchase…
Small modular reactors (SMRs) are gaining increased attention as a major opportunity in clean power production. They are a welcome tool in the necessary transition from an energy system dominated by hydrocarbon combustion to one that produces more power for more people with dramatically reduced greenhouse gas emissions. As a partner in Nucleation Capital, a…
Let me start by dispelling the notion that I think smaller, modular, manufactured nuclear power systems – often called SMRs or micro reactors – are the be all and end all solution to anything, including climate change or energy security. Though not THE solution, they have the potential to be a crucial, uniquely capable part…
On the morning of September 12, 2021, reactor number 1 of the eagerly awaited HTR-PM project was taken critical for the first time. Initial criticality for any new reactor is a big deal for the people involved in the project; this one is a big deal for the future of nuclear energy. It might also…
X-Energy is the lead recipient for one of two industry groups selected to receive $80 M in Department of Energy (DOE) funding as part of a public-private partnership program to demonstrate advanced nuclear power plants on an aggressive time table. Its primary partner in the endeavor is Energy Northwest, which currently owns and operates the…
It is possible for engineers to make incredibly complex calculations without a single math error that still come up with a wrong answer if they use a model based on incorrect assumptions. (Originally published May 1996) Pick up almost any book about nuclear energy and you will find that the prevailing wisdom is that nuclear…
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