Oklo has moved to acquire Atomic Alchemy, a U.S. firm specializing in high-value radioisotopes, in a $25 million all-stock transaction. The acquisition will add radioisotope production capabilities to Oklo’s advanced…
Fuel
Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which…
Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate…
The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched…
A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light…
In a significant breakthrough for the development of supercritical carbon dioxide (sCO2) power cycles, the 10-MWe Supercritical Transformational Electric Power (STEP) Demo pilot plant in San Antonio, Texas, has wrapped…
The Department of Energy (DOE) unveiled plans on Sept. 27 to inject $1.3 billion into its portfolio of federally funded carbon capture demonstration and large-scale pilot programs by the end…
While natural gas power accounted for 43% of total U.S. power generation in 2023, several state and federal policies aimed at reducing greenhouse gas emissions are bolstering interest in hydrogen…
The Nuclear Regulatory Commission (NRC) has granted Abilene Christian University (ACU) a construction permit to build its Molten Salt Research Reactor (MSRR) facility on the university’s campus in Texas. The…
Municipal power utility Idaho Falls Power (IFP) has announced it is negotiating a power purchase agreement (PPA) with Aalo Atomics, a 2022-founded nuclear engineering firm inspired by Idaho National Laboratory…