Ontario Power Generation

Northeast Power Coordinating Council Announces Seven New Board Members

Retrieved on: 
Wednesday, February 15, 2023

The Northeast Power Coordinating Council, Inc. (NPCC) has appointed seven new members to its board of directors.

Key Points: 
  • The Northeast Power Coordinating Council, Inc. (NPCC) has appointed seven new members to its board of directors.
  • He is responsible for the day-to-day operations of the New England bulk power system and ensuring the fair administration of the region's wholesale electricity markets.
  • He is responsible for delivering industry leading engineering solutions for the electric transmission system, substations, and the steam generation and distribution systems.
  • Paul Séguin serves as the Senior Vice President, Renewable Generation at Ontario Power generation (OPG).

X-energy Announces Appointments of Christopher Ginther and Kathleen Hyle to Board of Directors

Retrieved on: 
Wednesday, February 8, 2023

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the appointments of Christopher Ginther and Kathleen Hyle to the Company’s Board of Directors (the “Board”), effective immediately.

Key Points: 
  • X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the appointments of Christopher Ginther and Kathleen Hyle to the Company’s Board of Directors (the “Board”), effective immediately.
  • Hyle currently serves on the board of directors for AmerisourceBergen Corporation (NYSE: ABC) and Bunge Limited (NYSE: BG), where she also serves as Board Chair.
  • “We are pleased to welcome Chris and Kathleen to the Board during a time of significant growth for our Company,” said X-energy founder and Executive Chairman Kam Ghaffarian.
  • “Their extensive leadership experience across industries and in various corporate governance and oversight roles will bring important expertise to our Board as we transition to a public company.

BWXT Medical and Laurentis Complete Key Tc-99m Generator Program Milestone

Retrieved on: 
Wednesday, February 1, 2023

Because of the unique design of Darlington’s CANDU reactors, medical isotopes can be produced without interrupting the generation of clean energy.

Key Points: 
  • Because of the unique design of Darlington’s CANDU reactors, medical isotopes can be produced without interrupting the generation of clean energy.
  • Once operational, the arrangement between Laurentis and BWXT Medical will be capable of producing enough Mo-99 to supply a significant portion of the current and future North American demand.
  • Alternatively, BWXT Medical’s Tc-99m generator will be produced using natural molybdenum targets irradiated at Darlington Nuclear, greatly reducing waste by-products.
  • I’m proud of the role our employees and stations play in providing life-saving medical isotopes to the world.”
    “Completing the installation of the TDS at Darlington is a significant milestone for the Laurentis and BWXT team,” said Dr. Jonathan Cirtain, BWXT Medical Ltd. President and Chief Executive Officer.

X-energy Canada and Invest Alberta Collaborate to Develop Economic Opportunities in Support of Potential Xe-100 SMR Projects

Retrieved on: 
Monday, January 30, 2023

Under the MOU, IAC will also support X-energy’s efforts to establish a divisional office to help advance these local efforts.

Key Points: 
  • Under the MOU, IAC will also support X-energy’s efforts to establish a divisional office to help advance these local efforts.
  • “Alberta’s energy industry is vital to recovering and sustaining a thriving Canadian economy,” said Katherine Moshonas Cole, President at X-energy Canada.
  • In December 2022, X-energy Canada and the Building Trades of Alberta signed an MOU to help prepare the province’s future SMR workforce.
  • Under the agreement, the two companies intend to pursue opportunities to deploy Xe-100 advanced reactors in Ontario at industrial sites and identify further opportunities throughout Canada.

X-energy UK and Cavendish Nuclear Convene British Suppliers to Support Early Deployment of Advanced Small Modular Reactors

Retrieved on: 
Friday, January 27, 2023

The reactors are designed to be capable of producing both electricity and higher-temperature heat and steam than conventional ‘small modular reactors’ and can supply electricity and heat for hydrogen production and replace fossil fuel-generated heat for industrial processes.

Key Points: 
  • The reactors are designed to be capable of producing both electricity and higher-temperature heat and steam than conventional ‘small modular reactors’ and can supply electricity and heat for hydrogen production and replace fossil fuel-generated heat for industrial processes.
  • This intrinsic safety reduces the need for many of the largest, most expensive and time-consuming structures and systems found in traditional nuclear plants.
  • “We’re keen to see the Government press ahead with its ambitious plans for a program of nuclear power stations, including the establishment of the Great British Nuclear body.
  • The reactor is an ideal successor to the British Advanced Gas-cooled Reactor fleet, given the UK’s rich knowledge of gas graphite reactors.

SNC-Lavalin Signs Agreement to Develop Canada's First Small Modular Reactor for Ontario Power Generation

Retrieved on: 
Friday, January 27, 2023

MONTREAL, Jan. 27, 2023 /CNW Telbec/ - Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has entered into an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear Project.

Key Points: 
  • MONTREAL, Jan. 27, 2023 /CNW Telbec/ - Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has entered into an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear Project.
  • The project is spearheading the deployment of the GEH BWRX-300 Small Modular Reactor (SMR) before the end of the decade.
  • "SNC-Lavalin is a strong proponent for the necessary role of nuclear power in the Net Zero energy mix," said Ian L. Edwards, President and CEO, SNC-Lavalin.
  • The 6-year alliance agreement represents an innovative contracting approach for a nuclear project in North America.

Virtualware Releases 2022 Annual Report: Highlights Company's Achievements and Vision for the Future of Enterprise VR"

Retrieved on: 
Wednesday, December 28, 2022

BILBAO, Spain, Dec. 28, 2022 /PRNewswire/ -- Virtualware , one of Europe's leading virtual reality (VR) companies, is pleased to announce the release of its 2022 annual report .

Key Points: 
  • BILBAO, Spain, Dec. 28, 2022 /PRNewswire/ -- Virtualware , one of Europe's leading virtual reality (VR) companies, is pleased to announce the release of its 2022 annual report .
  • The document highlights the company's achievements during this year 2022, including the release of VIROO 2.0, the latest version of its flagship VR platform, and its recognition as the world's most innovative VR company.
  • During the past few months, Virtualware,
    Continued to thrive as one of the fastest-growing and most innovative virtual reality for industry companies in 2022.
  • Virtualware invites stakeholders to consult its 2022 annual report to learn more about the company's vision for the future of enterprise VR and the innovative solutions it is developing to shape that future.

Virtualware Releases 2022 Annual Report: Highlights Company's Achievements and Vision for the Future of Enterprise VR"

Retrieved on: 
Wednesday, December 28, 2022

BILBAO, Spain, Dec. 28, 2022 /PRNewswire/ -- Virtualware , one of Europe's leading virtual reality (VR) companies, is pleased to announce the release of its 2022 annual report .

Key Points: 
  • BILBAO, Spain, Dec. 28, 2022 /PRNewswire/ -- Virtualware , one of Europe's leading virtual reality (VR) companies, is pleased to announce the release of its 2022 annual report .
  • The document highlights the company's achievements during this year 2022, including the release of VIROO 2.0, the latest version of its flagship VR platform, and its recognition as the world's most innovative VR company.
  • During the past few months, Virtualware,
    Continued to thrive as one of the fastest-growing and most innovative virtual reality for industry companies in 2022.
  • Virtualware invites stakeholders to consult its 2022 annual report to learn more about the company's vision for the future of enterprise VR and the innovative solutions it is developing to shape that future.

Ultra Safe Nuclear Corporation and Portland Holdings Sign an MOU to Provide Support for Countries and Industries in the Advancement of their Zero-Carbon Goals

Retrieved on: 
Friday, December 16, 2022

Ultra Safe Nuclear has been developing its MMR and proprietary Fully Ceramic Micro-Encapsulated (FCM) Fuel since 2011.

Key Points: 
  • Ultra Safe Nuclear has been developing its MMR and proprietary Fully Ceramic Micro-Encapsulated (FCM) Fuel since 2011.
  • Global First Power is a joint venture between Ontario Power Generation (OPG) and Ultra Safe Nuclear.
  • Ultra Safe Nuclear Corporation, a U.S. corporation headquartered in Seattle, is a global leader and strong vertical integrator of nuclear technologies and services, on Earth and in Space.
  • Ultra Safe Nuclear is committed to bringing safe, commercially competitive, clean and reliable nuclear energy to global power and industrial markets.

Ultra Safe Nuclear and Lappeenranta University of Technology to Explore First Advanced Research Microreactor in Finland

Retrieved on: 
Thursday, December 15, 2022

Seattle-based Ultra Safe Nuclear Corporation and Lappeenranta-Lahti University of Technology (LUT) in Lappeenranta, Finland today signed a Memorandum of Understanding (MOU) to further examine deployment of the Ultra Safe Nuclear Micro-Modular Reactor (MMR) as a research and test reactor in city of Lappeenranta at or near the Universitys campus.

Key Points: 
  • Seattle-based Ultra Safe Nuclear Corporation and Lappeenranta-Lahti University of Technology (LUT) in Lappeenranta, Finland today signed a Memorandum of Understanding (MOU) to further examine deployment of the Ultra Safe Nuclear Micro-Modular Reactor (MMR) as a research and test reactor in city of Lappeenranta at or near the Universitys campus.
  • View the full release here: https://www.businesswire.com/news/home/20221215005887/en/
    Rector Juha-Matti Saksa of LUT and CEO Francesco Venneri of Ultra Safe Nuclear sign agreement to study MMR advanced reactor deployment at Finland's leading climate university to support their vital decarbonization mission.
  • (Photo: Business Wire)
    A leading energy research university, LUT research supports the worlds transition to carbon neutrality in all societal and industrial sectors.
  • Ultra Safe Nuclear is committed to bringing safe, commercially competitive, clean and reliable nuclear energy to global power and industrial markets.