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…
Generation mPower, one of the early leaders in the development of small modular reactors (SMR), has decided to fully terminate its partnership and put the design material that was developed onto a corporate shelf. Though this isn’t specifically good nuclear news, it is an indication that nuclear energy development has many hurdles that it shares…
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…
NuScale remains on track to submit a high quality design certification application to the Nuclear Regulatory Commission by the end of 2016. That statement might surprise people who follow small modular reactor developments closely enough to be aware that the company received a status report earlier this week from the NRC that gave a grade…
Lightbridge, a company that was originally incorporated as Thorium Power, Inc., has achieved significant technology developments after making a strategic turn in 2010 from thorium based fuels to low enriched uranium metal alloy fuels. As funding dried up from the government agencies supporting their thorium work, the company chose to use its assembled nuclear engineering…
I’ve relearned a valuable lesson — read press releases and other PR material closely, paying special attention to wiggle words. On Friday, March 4, Bechtel issued a press release titled Bechtel, BWXT to Pursue Acceleration of Small Modular Nuclear Reactor Project. In my excitement, I missed the key word in the headline and in the…
Note: For an update on this topic see subsequent post titled Bechtel will “pursue” acceleration of mPower project. On March 4, 2016, in a press release issued from Reston, VA, Bechtel and BWX Technologies (BWXT) announced that they would be accelerating their Generation mPower small modular reactor project. Bechtel will take over the project lead…
At the 12th annual Platts Nuclear Energy Conference, John Kotek, the Acting Assistant Secretary of Energy for Nuclear Energy just made a major announcement. Yesterday, February 17, 2016 Rick Provencher and Doug Hunter signed an agreement between the U.S. Department of Energy and UAMPS (Utah Associated Municipal Power Systems). It provides UAMPS with a use…
A California-based correspondent shared the following vignette to a private email list early this morning. An aside — had dinner with a Stanford biz prof teaching entrepreneurship. His 15 Chinese students were at the table too (big table). A few spoke English. One is international marketing head for China Nuclear Power Engineering Company — largest…
President Obama should task John Richardson with a mission similar to the one that President Dwight Eisenhower gave Hyman G. Rickover. Richardson is the current leader of Naval Reactors (NR), the organization that Rickover built. If directed, NR could begin a new assignment to show others how to manufacture complete nuclear fission power systems starting…
Westinghouse seems intent on taking advantage of the growing capabilities of the internet to distribute effective messages about the value of its products. It may be difficult to explain the benefits of a nuclear reactor producing 1,110 MW of reliable emission-free electricity in a 15 or 30 second TV spot. It might also be difficult…
(CHARLOTTE, N.C. – December 4, 2012) – The Babcock & Wilcox Company (B&W) (NYSE: BWC) is pleased to announce that the production-standard control room prototype for its B&W mPower™ small modular reactor (SMR) is now operational. This engineering simulator is a key milestone in the B&W mPower development program. The B&W mPower control room prototype,…