Rolls-Royce SMR

IDTechEx Asks Where SMRs Will Fit in the Energy Ecosystem

Retrieved on: 
Tuesday, April 23, 2024

According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.

Key Points: 
  • According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.
  • It is no surprise that the data center and AI industries are showing increasing interest in SMRs to provide on-site power.
  • SMRs offer an excellent complement to renewable energy in the production of green hydrogen that could reduce reliance on costly energy storage systems.
  • IDTechEx expects the installation rate of SMRs to grow significantly from the end of the decade, contributing significantly to solving the climate crisis.

IDTechEx Asks Where SMRs Will Fit in the Energy Ecosystem

Retrieved on: 
Tuesday, April 23, 2024

According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.

Key Points: 
  • According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.
  • It is no surprise that the data center and AI industries are showing increasing interest in SMRs to provide on-site power.
  • SMRs offer an excellent complement to renewable energy in the production of green hydrogen that could reduce reliance on costly energy storage systems.
  • IDTechEx expects the installation rate of SMRs to grow significantly from the end of the decade, contributing significantly to solving the climate crisis.

Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against NuScale Power Corporation (SMR)

Retrieved on: 
Thursday, November 16, 2023

SAN DIEGO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired NuScale Power Corporation (NYSE: SMR) securities between March 15, 2023 and November 8, 2023.

Key Points: 
  • SAN DIEGO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired NuScale Power Corporation (NYSE: SMR) securities between March 15, 2023 and November 8, 2023.
  • NuScale is a nuclear power company that develops small modular reactor (“SMR”) technology.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against NuScale Power Corporation.
  • Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP.

SMR Stock Alert: Shareholders of NuScale Power Corporation Should Contact Robbins LLP for Information About Their Rights and Remedies in Connection with the Class Action

Retrieved on: 
Monday, November 27, 2023

Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired NuScale Power Corporation (NYSE: SMR) securities between March 15, 2023 and November 8, 2023.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired NuScale Power Corporation (NYSE: SMR) securities between March 15, 2023 and November 8, 2023.
  • NuScale is a nuclear power company that develops small modular reactor (“SMR”) technology.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against NuScale Power Corporation.
  • Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP.

NuScale Power Corporation (SMR) Investor Notice: Robbins LLP Reminds Investors of Class Action Filed Against NuScale Power Corporation

Retrieved on: 
Friday, November 17, 2023

Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired NuScale Power Corporation (NYSE: SMR) securities between March 15, 2023 and November 8, 2023.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired NuScale Power Corporation (NYSE: SMR) securities between March 15, 2023 and November 8, 2023.
  • NuScale is a nuclear power company that develops small modular reactor (“SMR”) technology.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against NuScale Power Corporation.
  • Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP.

CES 2024: Doosan Group to Unveil Latest Clean Energy, Autonomous Solutions across Bobcat, Enerbility, Robotics, and HyAxiom

Retrieved on: 
Thursday, December 14, 2023

LAS VEGAS and SEOUL, South Korea , Dec. 14, 2023 /PRNewswire/ -- Doosan Group announced its presence at CES 2024 to unveil its innovative technologies for a cleaner and safer future from its family of companies including Doosan Bobcat, Doosan Enerbility, Doosan Robotics, and HyAxiom. 

Key Points: 
  • Doosan Group's CES show presence will include the company's first-ever CES Media Day press conference at Mandalay Bay's Tradewinds ballroom on January 8 at 3 PM PT.
  • The press conference will spotlight developments and products across Doosan Bobcat, Doosan Enerbility, Doosan Robotics, and HyAxiom while demonstrating the company's major commitment to fostering a clean energy future and embracing innovations within autonomous technology.
  • Bobcat will unveil a new, electric, AI-driven, autonomous concept machine during the Media Day press conference.
  • Additionally, the company's latest Hydrogen Gas Turbine utilizing hydrogen energy and SMRs will be prominently displayed at the Doosan booth.

COP28 Event Hosted by KHNP Highlights Nuclear Energy's Crucial Role in a Carbon-Free Future

Retrieved on: 
Saturday, December 2, 2023

DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the state-run energy company of Korea, hosted an event titled, 'The Role of Nuclear Energy in Accelerating a Carbon-Free Future,' today at the KHNP Pavilion during the 28th United Nations Climate Change Conference (COP28).

Key Points: 
  • DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the state-run energy company of Korea, hosted an event titled, 'The Role of Nuclear Energy in Accelerating a Carbon-Free Future,' today at the KHNP Pavilion during the 28th United Nations Climate Change Conference (COP28).
  • This event showcased Korea's innovative net-zero nuclear solutions and explored the crucial role of nuclear energy in expediting the energy transition to reach a carbon-free future with renowned specialists from the sector.
  • The presentation was followed by a panel discussion titled, "The Role of Nuclear Energy in Accelerating a Carbon-Free Future," where nuclear energy experts and industry leaders acknowledged nuclear power as a clean and critical solution for decarbonization.
  • In addition, on Dec 1, KHNP signed a Memorandum of Understanding (MoU) with Indonesia's Perusahaan Listrik Negara Nusantara Power at COP28.

COP28 Event Hosted by KHNP Highlights Nuclear Energy's Crucial Role in a Carbon-Free Future

Retrieved on: 
Saturday, December 2, 2023

DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the state-run energy company of Korea, hosted an event titled, 'The Role of Nuclear Energy in Accelerating a Carbon-Free Future,' today at the KHNP Pavilion during the 28th United Nations Climate Change Conference (COP28).

Key Points: 
  • DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- Korea Hydro & Nuclear Power (KHNP), the state-run energy company of Korea, hosted an event titled, 'The Role of Nuclear Energy in Accelerating a Carbon-Free Future,' today at the KHNP Pavilion during the 28th United Nations Climate Change Conference (COP28).
  • This event showcased Korea's innovative net-zero nuclear solutions and explored the crucial role of nuclear energy in expediting the energy transition to reach a carbon-free future with renowned specialists from the sector.
  • Taking the stage next, KHNP CEO Jooho Whang introduced Korea's innovative small modular reactors (i-SMR) technology and SMR Smart Net-Zero City (SSNC) model.
  • The presentation was followed by a panel discussion titled, "The Role of Nuclear Energy in Accelerating a Carbon-Free Future," where nuclear energy experts and industry leaders acknowledged nuclear power as a clean and critical solution for decarbonization.

Doug VanTassell of Paragon Energy Solutions Featured in CEO Magazine

Retrieved on: 
Wednesday, November 29, 2023

FORT WORTH, Texas, Nov. 29, 2023 /PRNewswire/ -- Doug VanTassell, President and CEO of Paragon Energy Solutions , is featured in the recent issue of CEO Magazine.

Key Points: 
  • FORT WORTH, Texas, Nov. 29, 2023 /PRNewswire/ -- Doug VanTassell, President and CEO of Paragon Energy Solutions , is featured in the recent issue of CEO Magazine.
  • In the article Collaboration & Innovation: The Driving Forces of Paragon Energy Solutions' Success, VanTassell explains his unique vision for Paragon within the nuclear industry.
  • "Paragon is recognized as a truly innovative partner by nuclear stakeholders," VanTassell explains.
  • Critical safety instrumentation systems are another focus in the nuclear industry, and Paragon is a leading innovator in this area with its innovative Highly Integrated Protection System (HIPS) platform.

Pathways Alliance advances key oil sands CO2 emissions reduction activities

Retrieved on: 
Monday, November 27, 2023

This CCS network could reduce net CO2 emissions from oil sands operations by approximately 10 to 12 million tonnes annually by 2030 and as much as 40 million tonnes per year by 2050.

Key Points: 
  • This CCS network could reduce net CO2 emissions from oil sands operations by approximately 10 to 12 million tonnes annually by 2030 and as much as 40 million tonnes per year by 2050.
  • The first phase of the proposed Pathways Alliance plan calls for more than a $24 billion investment before 2030.
  • Steam reduction technologies to reduce the need for steam, which is a major driver of emissions from in-situ oil sands production.
  • Pathways Alliance is continuing analysis and evaluation of the application of small modular nuclear reactors (SMRs) as one of the many long-term methods to produce energy for industrial steam and sharply reduce CO2 emissions from oil sands production.