Rolls-Royce SMR

SMRs: Transforming the Data Center Industry with Sustainable and Reliable Power Solutions - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 7, 2023
Technology, Data Management, Small modular reactor, SMR, Safety, Rolls-Royce SMR, Carbon, Waste management, Risk, Engineering, Renewable energy, Recycling

The burgeoning data center industry is confronted with escalating power demands, reliability concerns, and sustainability targets.

Key Points: 
  • The burgeoning data center industry is confronted with escalating power demands, reliability concerns, and sustainability targets.
  • The utilization of SMRs for data center applications offers several distinct advantages and opportunities.
  • SMRs provide a highly reliable power source, minimizing the risk of data center downtime due to grid failures.
  • The global SMR market for data center applications represents a compelling solution to address the increasing energy demands and sustainability goals of the data center industry.

NuScale Power Comments on Inaccurate Short Seller Report

Retrieved on: 
Tuesday, October 24, 2023
Nuclear, Energy, Green Technology, Environment, Slate, Carbon, Sale, U.S. Department of Energy, Office of Inspector General, Rolls-Royce SMR, Lamb Chop's Play-Along, NYSE, J. P. Morgan, Report, CFPP, Skadden, Arps, Slate, Meagher & Flom, NuScale Power, SMR, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Cryptocurrency, Renewable energy

NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report).

Key Points: 
  • NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report).
  • NuScale has known and worked with Standard Power, ENTRA1 Energy, RoPower and the Utah Associated Municipal Power Systems (UAMPS) for years.
  • NuScale generates cash and revenue from three sources: the sale and delivery of NuScale Power Modules™ (NPMs), licensing support, and services provided.
  • NuScale has not provided any forecast for the expected value of the agreement with Standard Power and ENTRA1 Energy.

X-Energy Announces Participation in IPO Edge Fireside Chat

Retrieved on: 
Thursday, October 19, 2023
Utilities, Technology, Other Technology, Other Science, Energy, Science, Nuclear, SMR, IPO, Register, Rolls-Royce SMR, Business analyst, Form, AAC, NYSE, Sports Properties Acquisition Corporation, Securities and Exchange Commission (Philippines)

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, announced today that Chief Executive Officer of X-energy, J. Clay Sell will participate in an IPO Edge Fireside Chat .

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, announced today that Chief Executive Officer of X-energy, J. Clay Sell will participate in an IPO Edge Fireside Chat .
  • Among the topics Mr. Sell will discuss are: global demand for clean energy; what differentiates X-energy’s Small Modular Nuclear Reactor (SMR), the Xe-100, and its proprietary fuel, TRISO-X; X-Energy’s market opportunity, customers and strategic partners; the role of SMRs in energy security.
  • An extraordinary general meeting of shareholders (the “Extraordinary General Meeting”) to approve the Business Combination is scheduled to be held on October 31, 2023 at 4:00 p.m. Eastern Time.
  • More information about this announcement can be found here .

Decarbonizing the Fertilizer Production Sector Requires Flexibility in Technology, Timelines and Government Collaboration, Says New Study from Fertilizer Canada

Retrieved on: 
Tuesday, October 17, 2023
Mining, Investment, Engineering, Nitrogen, Government, GHG, Farmer, Ammonia, CO2, Food security, SMR, Electricity, Potash, Technology roadmap, Natural Resources Canada, Urea, Utilization, CCUS, Rolls-Royce SMR, Potassium, Electrolysis, Hydrogen, Small modular reactor, Sale, Atmosphere, Renewable energy, Agriculture, Cogeneration

The report found that the variations in types of fertilizer produced, production methods used, and location of the facility require flexibility in technology solutions.

Key Points: 
  • The report found that the variations in types of fertilizer produced, production methods used, and location of the facility require flexibility in technology solutions.
  • A combination of electrolysis to produce hydrogen and CCUS used with steam methane reformers have the greatest potential for GHG emission reductions for ammonia production.
  • Protecting domestic production of sustainable Canadian fertilizer defends against carbon leakage that could increase global GHG emissions.
  • Fertilizer is vital to food security and responsible for half of the world's current food production.

Westinghouse to Design Fuel for Rolls-Royce’s Small Modular Reactor

Retrieved on: 
Wednesday, October 11, 2023
Nuclear, Energy, Multimedia, CO2, Westinghouse Electric Company, BWR, SMR, Springfields, The Electric Company, Rolls-Royce SMR, Nuclear fuel, Generic, VVER, AGR, GDA, Westinghouse, PWR, Office for Nuclear Regulation, Uranium mining, Renewable energy

Westinghouse Electric Company announced today an agreement with Rolls-Royce SMR Ltd to support the development and the design of the nuclear fuel for Rolls-Royce’s Small Modular Reactor program.

Key Points: 
  • Westinghouse Electric Company announced today an agreement with Rolls-Royce SMR Ltd to support the development and the design of the nuclear fuel for Rolls-Royce’s Small Modular Reactor program.
  • View the full release here: https://www.businesswire.com/news/home/20231011445475/en/
    The Westinghouse Springfields site has manufactured world-class nuclear fuel and related products and services for nearly 75 years.
  • “Westinghouse has a strong heritage and unrivalled experience in nuclear fuel design and manufacturing.
  • Westinghouse is proud to bring its generations of experience designing and manufacturing fuel in the U.K.,” said Tarik Choho, Westinghouse President of Nuclear Fuel.

Standard Power Chooses NuScale’s Approved SMR Technology and ENTRA1 Energy to Energize Data Centers

Retrieved on: 
Friday, October 6, 2023
Utilities, Environment, Alternative Energy, Energy, Data Management, Technology, Green Technology, Nuclear, Power, Partnership, Multimedia, NYSE, NuScale Power, AI, SMR, Carbon, Artificial intelligence, Watt, Rolls-Royce SMR, Renewable energy

Standard Power aims to use the carbon-free energy to power nearby data centers.

Key Points: 
  • Standard Power aims to use the carbon-free energy to power nearby data centers.
  • As the technology provider, NuScale will provide its approved NuScale SMR Technology for these projects, the only SMR technology that has received design approval from the United States Nuclear Regulatory Commission – a world-class regulator for nuclear safety.
  • Power plant facilities using NuScale’s certified SMR technology can provide unmatched flexibility for utilities, industrials and governments looking to reduce carbon emissions while maintaining efficient baseload power.
  • Through this partnership, ENTRA1 Energy has the rights to develop, manage, own and operate energy production plants powered by NuScale’s approved SMR technology.

Joint statement by Canada and Sweden on sustained engagement on critical raw materials, battery value chains and emerging technologies

Retrieved on: 
Thursday, October 5, 2023
Partnership, Climate change, Economic development, Ericsson, Business, Commercialization, Government of Canada, The Honourable, EV, Growth, Regenerative medicine, Innovation, Science and Economic Development Canada, Rolls-Royce SMR, Small modular reactor, Social media, Research, Creative industries, Tourism, Renewable energy, Northvolt, Science

We agreed to further develop our countries' bilateral cooperation to promote innovation, research, deployment of cleaner technologies including Small Modular Reactors (SMRs) and their supply chains.

Key Points: 
  • We agreed to further develop our countries' bilateral cooperation to promote innovation, research, deployment of cleaner technologies including Small Modular Reactors (SMRs) and their supply chains.
  • We anticipate increased business collaboration and opportunities to foster the development of strong ecosystems with innovative companies from our two countries.
  • Sweden and Canada are committed to deepening and broadening our bilateral engagement to address these challenges, both now and in the future.
  • In the last year alone we have significant commitments to do more in Canada by several Swedish companies.

LIS Technologies Inc. Recognized as Official Member of the Department of Energy (DOE) High-Assay Low-Enriched Uranium (HALEU) Consortium

Retrieved on: 
Wednesday, October 4, 2023
United States Department of Energy, Partnership, TerraPower, Small modular reactor, Uranium, Research, Environmental policy of the Joe Biden administration, Sodium, Government, HALEU, Inflation, Rolls-Royce SMR, Acquisition, LIS, Knowledge, Inflation Reduction Act of 2022, Isotope, Uranium mining, Renewable energy

Members of the HALEU consortium are expected to play a significant role in the deployment and commercialization of advanced nuclear reactors and related infrastructure in the United States.

Key Points: 
  • Members of the HALEU consortium are expected to play a significant role in the deployment and commercialization of advanced nuclear reactors and related infrastructure in the United States.
  • As part of the Inflation Reduction Act, $700 million has been earmarked to support the development of a domestic supply chain for HALEU.
  • The money must be applied by 2026, underscoring how important domestic uranium enrichment capabilities are to the Biden Administration.
  • Establishing a secure supply of this crucial fuel, both in the short and long term, at a national level, signifies a significant stride towards bolstering energy accessibility and sovereignty.”

ASP Isotopes Issues Letter to Shareholders

Retrieved on: 
Tuesday, October 3, 2023
Semiconductor, NEI, Uranium, Electronics, Nuclear Energy Institute, Electricity, LEU, Isotope, DOE, Lithium, HALEU, Plant, Coal, Rolls-Royce SMR, Laser, ASPI, United Kingdom, SMR, Letter, Nuclear energy, Void coefficient, Safety, Carbon-14, United States Department of Energy, Rare-earth element, Renewable energy, Uranium mining, Insurance

WASHINGTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASPI,” or the “Company”), an advanced materials company dedicated to the development of technology and processes designed to produce isotopes used in multiple industries, today released the following letter to shareholders from its Chairman and CEO, Paul Mann.

Key Points: 
  • WASHINGTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASPI,” or the “Company”), an advanced materials company dedicated to the development of technology and processes designed to produce isotopes used in multiple industries, today released the following letter to shareholders from its Chairman and CEO, Paul Mann.
  • The company plans to use that cash flow to start the construction of additional plants in 2024 for other isotopes.
  • The United States Department of Energy (DOE) and every other Western government identifies isotopes as a critical material.
  • We hope to sign more supply agreements for essential isotopes in the coming months.

ASP Isotopes Inc. Enters Into Memorandum of Understanding With a Small Modular Reactor Company To Supply High Assay Low Enriched Uranium (HALEU)

Retrieved on: 
Thursday, September 28, 2023
Oxygen, Small modular reactor, Nuclear Energy Institute, Electricity, Isotope, HALEU, Silicon, Nuclear energy, Rolls-Royce SMR, Investment, Nuclear fusion, ASPI, MOU, United Kingdom, SMR, Memorandum, Void coefficient, Lithium, Tourism, Uranium mining, Renewable energy

WASHINGTON, Sept. 28, 2023 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI (“ASPI,” or the “Company”), an advanced materials company dedicated to the development of technology and processes designed to produce isotopes used in multiple industries, today announced that it has entered into a memorandum of understanding (MOU) with a major SMR (small modular reactor) company and is also engaged in discussions with at least four other potential customers regarding the development of a High Assay Low Enriched Uranium (HALEU) production facility with financial support from these future potential customers.

Key Points: 
  • These discussions include providing financial support for the development of a production facility and the future supply of metric tons of HALEU.
  • The Company is in discussions with potential customers who anticipate requiring over $30 billion(1) of HALEU at recent market prices.
  • HALEU will be required to enable many nuclear reactors, such as SMRs (small modular reactors), to operate in the future.
  • The Nuclear Energy Institute estimates that there may be a HALEU supply demand of approximately 3,000 metric tons by 2035(2).