Clean and Environmentally Safe Advanced Reactor

Japan and U.S.-based TerraPower expand SFR development partnership to support carbon neutrality efforts

Retrieved on: 
Wednesday, November 1, 2023
JAEA, SFR, TerraPower, Void coefficient, U.S. Department of Energy, Office of Inspector General, Government, Sodium, Memorandum of understanding, Mitsubishi FBR Systems, Carbon, Organization, Clean and Environmentally Safe Advanced Reactor, Japan Atomic Energy Agency, MOU, FR, Mitsubishi Heavy Industries, DOE, MHI, Safety, Nuclear energy, U.S. Department of Defense Strategy for Operating in Cyberspace, Toxicity, Renewable energy, Uranium mining

In January 2022, TerraPower, JAEA and MHI signed a MOU to collaborate on SFR technology development.

Key Points: 
  • In January 2022, TerraPower, JAEA and MHI signed a MOU to collaborate on SFR technology development.
  • In December 2022, the Japanese government revised their Strategic Roadmap for FR development, clarifying that Japan will begin FR concept design in 2024.
  • "We are thrilled to expand our collaboration with JAEA as Japan works to bring advanced nuclear reactors to market," said TerraPower President and CEO Chris Levesque.
  • We would like to contribute to fast reactor development cooperation between the US and Japan by utilizing the technology and experience we have cultivated over many years."

Centrus Completes Operational Readiness Review for HALEU Production and Receives NRC Authorization to Introduce Uranium Into Centrifuge Cascade

Retrieved on: 
Thursday, June 15, 2023
Workforce, U.S. Department of Energy, Office of Inspector General, U.S. Department of Defense Strategy for Operating in Cyberspace, Clean and Environmentally Safe Advanced Reactor, NRC, Uranium, United States Department of Energy, HALEU, NYSE, Uranium mining, Renewable energy, Centrus Energy

This is a critical milestone in advancing toward first-of-a-kind production of High-Assay, Low-Enriched Uranium (HALEU) and means that Centrus remains on track to begin production by the end of 2023.

Key Points: 
  • This is a critical milestone in advancing toward first-of-a-kind production of High-Assay, Low-Enriched Uranium (HALEU) and means that Centrus remains on track to begin production by the end of 2023.
  • "Our talented workforce has executed beautifully in building the cascade, securing a HALEU license, and putting us in position to become the first commercial HALEU producer."
  • Centrus began construction of a cascade of centrifuges in 2019 under contract with the U.S. Department of Energy.
  • The operational readiness reviews were required under Centrus' NRC license, which was successfully amended in 2021 to make the Piketon site the only NRC-licensed HALEU production facility.

Dow's Seadrift, Texas location selected for X-energy advanced SMR nuclear project to deliver safe, reliable, zero carbon emissions power and steam production

Retrieved on: 
Thursday, May 11, 2023
State, JDA, U.S. Department of Agriculture Cotton Annex, Clean and Environmentally Safe Advanced Reactor, NRC, Enhanced Defense Cooperation Agreement, Seadrift, Texas, Planning permission, Texas Gulf Coast Regional Airport, Carbon, DOE, History, Coastal Bend College, Food packaging, Steam, Terneuzen, Engineering, Economic development, SMR, Growth, U.S. Department of Energy, Office of Inspector General, NYSE, Safety, Uranium mining, Renewable energy, Dow

The project is focused on providing the Seadrift site with safe, reliable, zero carbon emissions power and steam as existing energy and steam assets near their end-of-life.

Key Points: 
  • The project is focused on providing the Seadrift site with safe, reliable, zero carbon emissions power and steam as existing energy and steam assets near their end-of-life.
  • The U.S. Department of Energy ("DOE") named Dow a sub-awardee under X-energy's Advanced Reactor Demonstration Program ("ARDP") Cooperative Agreement.
  • "Advanced nuclear has attractive advantages over other sources of clean power, including a compact footprint, competitive cost, and enhanced power and steam reliability.
  • "Our advanced nuclear project is another example of Dow leading the way and showing industry the path toward a lower carbon future.

Paragon Energy Solutions Enters Exclusive Distribution Agreement with X-energy

Retrieved on: 
Tuesday, May 9, 2023
Neutron, Nuclear Regulatory Commission, Partnership, Clean and Environmentally Safe Advanced Reactor, RPS, NRC, Safety, HTGR, United States Department of Energy, Research, Temperature, DOE, HIPS, Plant, Reactor protection system, Field-programmable gate array, Environment, Void coefficient, Uranium mining, Renewable energy, Paragon

FORT WORTH, Texas, May 9, 2023 /PRNewswire/ -- Paragon Energy Solutions , a leading supplier of safety-related products and components for the nuclear industry, has entered into a preferred supplier agreement with X-energy Reactor Company, LLC, a leading developer of small modular nuclear reactor and fuel technology for clean energy generation.

Key Points: 
  • FORT WORTH, Texas, May 9, 2023 /PRNewswire/ -- Paragon Energy Solutions , a leading supplier of safety-related products and components for the nuclear industry, has entered into a preferred supplier agreement with X-energy Reactor Company, LLC, a leading developer of small modular nuclear reactor and fuel technology for clean energy generation.
  • Under this agreement, Paragon is the exclusive worldwide supplier for three key instrumentation and control systems for the Xe-100 advanced nuclear reactor: the Reactor Protection System (RPS), the Post-Event Monitoring System, and the Neutron Instrumentation System.
  • Doug VanTassell, President and CEO of Paragon, shared, "Paragon continues to partner with companies like X-energy to find optimal solutions that ensure safe operation of nuclear reactors.
  • "Safety is the most important objective of our company, our people, and our products – and Paragon is helping us achieve those goals.

Paragon Energy Solutions Acquires Intellectual Property of Pentas Controls

Retrieved on: 
Wednesday, March 1, 2023
Neutron, Kevin T. VanTassell, Thermo Fisher Scientific, Clean and Environmentally Safe Advanced Reactor, Dedication, Reverse engineering, Digital, Uranium mining, Paragon, Pentas

FORT WORTH, Texas, March 1, 2023 /PRNewswire/ -- Paragon Energy Solutions , a leading supplier of safety-related products and components for the nuclear industry, has acquired the intellectual property of Pentas Controls, a company that has supplied safety- and non-safety-related printed circuit board replacements and repair services to the nuclear industry for over twenty years.

Key Points: 
  • FORT WORTH, Texas, March 1, 2023 /PRNewswire/ -- Paragon Energy Solutions , a leading supplier of safety-related products and components for the nuclear industry, has acquired the intellectual property of Pentas Controls, a company that has supplied safety- and non-safety-related printed circuit board replacements and repair services to the nuclear industry for over twenty years.
  • Doug VanTassell, President and CEO of Paragon, shared, "Paragon continues to look for solutions that address the nuclear industry's challenges.
  • Pentas Controls is an example of a company that was planning to cease operations and exit the industry.
  • Paragon was in a unique position to purchase the intellectual property of Pentas to ensure that these critical services continue."

Portland Hires Veteran Nuclear Executive to Advance its Clean Energy Initiatives

Retrieved on: 
Tuesday, December 20, 2022
AECL, Chalk River Laboratories, Cancer, Commercial, Heat, Clean and Environmentally Safe Advanced Reactor, National Nuclear Laboratory, Natural Resources Canada, SMR, IAEA, Atomic Energy of Canada Limited, CNL, Western University, International Atomic Energy Agency, Generation, Natural Capital Project, Electricity, Investment, Science and technology, Nuclear energy, Climate change, Carbon, WHO/Health Action International Project on Medicine Prices and Availability, Renewable energy, Chemistry, Science

Dr. Bushby also spent 2.5 years on Executive Interchange with Natural Resources Canada (NRCan) – the federal department responsible for nuclear energy in Canada.

Key Points: 
  • Dr. Bushby also spent 2.5 years on Executive Interchange with Natural Resources Canada (NRCan) – the federal department responsible for nuclear energy in Canada.
  • In his role at Portland, Dr. Bushby will liaise with global companies and agencies in the clean energy space to advance Portland’s “Enabling Countries and Industries” framework.
  • Dr. Bushby’s technical gravitas will play a key and central role in our strategic initiatives to advance the global demand for clean energy solutions,” said Michael Lee-Chin, President and Chairman of Portland Holdings.
  • Beyond simple words, Portland is making substantial investments in energy technologies and life-saving therapies that are truly addressing some of life’s grand challenges,” said Dr. Bushby.

Gafcon Digital Serves as a Principal Investigator for EPRI Technical Report on Digital Twin Applications for Advanced Reactors

Retrieved on: 
Thursday, October 20, 2022
Adoption, SAN, Clean and Environmentally Safe Advanced Reactor, Risk, Technical report, Technology, Electricity, Power plant engineering, Research, DT, EPRI, Technical Report Archive & Image Library, National Medal of Technology and Innovation, Ars, Network, O&M, Maintenance, Digital, Digital twin, Solution, Program, Renewable energy

SAN DIEGO, Oct. 20, 2022 /PRNewswire-PRWeb/ -- Gafcon Digital today announced that its groundbreaking research with EPRI, has resulted in a Technical Report titled "Program on Technology Innovation: Digital Twin Applications for Advanced Reactors." This report investigates how digital twin technologies can help reduce the cost of capital and operations and maintenance (O&M) costs while focusing specifically on applications pertinent to the next generation of advanced reactors (ARs). It also explores potential benefits, challenges, capabilities, and use cases of digital twins across the nuclear power plant lifecycle.

Key Points: 
  • SAN DIEGO, Oct. 20, 2022 /PRNewswire-PRWeb/ -- Gafcon Digital today announced that its groundbreaking research with EPRI, has resulted in a Technical Report titled " Program on Technology Innovation: Digital Twin Applications for Advanced Reactors ."
  • This report investigates how digital twin technologies can help reduce the cost of capital and operations and maintenance (O&M) costs while focusing specifically on applications pertinent to the next generation of advanced reactors (ARs).
  • Digital twin technology has been identified as a key opportunity for significant savings and this report further explores the applications and sets the stage for the next generation of advanced reactors," said EPRI Project Manager Hasan Chakras.
  • "Moreover, regulatory frameworks for advanced reactors are still under development and could evolve to facilitate the adoption of digital twin technologies in advanced reactor designs."

SK invests in Bill Gates' TerraPower to accelerate transition to net zero

Retrieved on: 
Monday, August 15, 2022
Multimedia, Steam, Climate change, U.S. Department of Energy, Office of Inspector General, Drug discovery, Carbon, NEW, Technology, Actinium-225, Investment, Cancer, Pillsbury Winthrop Shaw Pittman, SK, SK Group, Microsoft, Clean and Environmentally Safe Advanced Reactor, LLP, CMO, U.S. Department of Defense Strategy for Operating in Cyberspace, Partnership, Nuclear fission, Safety, Electricity, TAT, SMR, Sodium, SFR, Solution, TerraPower, Renewable energy, Lithium

SK announced on August 16 that SK and Bill Gates co-led $750 million in fundraising for TerraPower, a US-based SMR developer.

Key Points: 
  • SK announced on August 16 that SK and Bill Gates co-led $750 million in fundraising for TerraPower, a US-based SMR developer.
  • With the close of a $250 million investment, SK has become a large shareholder of TerraPower, founded by Bill Gates.
  • Along with its investments in TerraPower, SK plans to continue its business innovation and technology development to contribute to reducing global carbon emissions.
  • "TerraPower is committed to solving some of the toughest challenges that face this generation through innovation," said TerraPower President and CEO Chris Levesque.

SKYX Achieves Historic U.S. Standardization Approval Vote - a Major Milestone Towards Mandatory Status for Safety of Consumers and Professionals

Retrieved on: 
Tuesday, August 9, 2022
U.S. Securities and Exchange Commission, Risk, Holiday, National Fire Protection Association, Sky, Injury, Forward-looking statement, NEMA, ANSI, Death, Season, Falls, American National Standards Institute, Patent, Achievement, Security (finance), National Electrical Manufacturers Association, NFPA, Fire, NEC, Company, Lighting, National Electrical Code, Safety, Automation, NASDAQ, GFCI, Electricity, Clean and Environmentally Safe Advanced Reactor, LinkedIn, Time, Committee, Adoption, Heating, ventilation, and air conditioning, Interior design

The National Electrical Manufacturers Association ("NEMA") is a standards-developing organization that promotes the standardization of major U.S. electrical products for manufacturers.

Key Points: 
  • The National Electrical Manufacturers Association ("NEMA") is a standards-developing organization that promotes the standardization of major U.S. electrical products for manufacturers.
  • The achievement of an ANSI / NEMA vote approval is a lengthy and rigorous process, widely considered to be very difficult to achieve.
  • Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "This standardization approval vote opens the door to major sales and licensing opportunities, as well as a milestone achievement not only for SKYX, but for consumers and professionals across the nation.
  • Mark Earley, former Chief Electrical Engineer at NFPA, former head of the NEC and current Chair of the SKYX Safety Advisory Board, said: "This is a significant achievement for SKYX and the safety of U.S. consumers and professionals.

DGAP-News: SKYX Achieves Historic U.S. Standardization Approval Vote - a Major Milestone Towards Mandatory Status for Safety of Consumers and Professionals

Retrieved on: 
Tuesday, August 9, 2022
U.S. Securities and Exchange Commission, Risk, FL, Holiday, National Fire Protection Association, Sky, Injury, Forward-looking statement, NEMA, ANSI, Death, Season, Falls, American National Standards Institute, Patent, Achievement, Security (finance), National Electrical Manufacturers Association, NFPA, Fire, NEC, Company, Lighting, National Electrical Code, Safety, Automation, NASDAQ, GFCI, Electricity, Clean and Environmentally Safe Advanced Reactor, LinkedIn, Time, Committee, Adoption, Heating, ventilation, and air conditioning, Interior design

The National Electrical Manufacturers Association ("NEMA") is a standards-developing organization that promotes the standardization of major U.S. electrical products for manufacturers.

Key Points: 
  • The National Electrical Manufacturers Association ("NEMA") is a standards-developing organization that promotes the standardization of major U.S. electrical products for manufacturers.
  • The achievement of an ANSI / NEMA vote approval is a lengthy and rigorous process, widely considered to be very difficult to achieve.
  • Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "This standardization approval vote opens the door to major sales and licensing opportunities, as well as a milestone achievement not only for SKYX, but for consumers and professionals across the nation.
  • Mark Earley, former Chief Electrical Engineer at NFPA, former head of the NEC and current Chair of the SKYX Safety Advisory Board, said: "This is a significant achievement for SKYX and the safety of U.S. consumers and professionals.