Nuclear capacity worldwide is set to triple in the next decades and a significant part of this growth is represented by Small Modular Reactors (SMRs), entering the market in few years from today. As of today, NuScale is the only SMR designer to have completed the licensing process of their model. From the case study conducted by NuScale’s Chief Engineer of Testing and Analysis Welter Kent analyzing the VOYGR™ plant, it turns out that the whole Design Certification Application process took over 5️⃣ years to be reviewed and approved by the United States regulatory body (the NRC). 5️⃣0️⃣0️⃣ million dollars in expenditures. The final licensing document took 2 million labor hours to prepare, generating 12000 pages of design information and 2 million pages of Supporting Material. 📚📚📚 For a technology that is orders of magnitude cheaper and faster to build than traditional large reactors, this is a clear overview of how much a hurdle nuclear licensing is. 💻 Artificial Intelligence is revolutionazing entire professions, CAELUS is bringing this revolution inside the nuclear industry. From intelligent document drafting to Knowledge Management System, a new paradigm shift is around the corner that will radically change how nuclear is made other than just how reactors are made. 👍🔄 Like and share this post to raise awareness about the challenges of nuclear licensing. #nuclearenergy #startups
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Advocate for a globally competitive #AUSTRALIANFUSIONENERGYINDUSTRY with strategic communications expertise.
The silly part is that they do not let people drink it and use it on crops in countries with water issues if it is truly safe. They could have shipped it to countries to drink or use on crops that are water-poor. It seems it's a sign of the water and food wars to come. This process of pouring water can only show the world that it is polluted and foul, and they should have stored it with other radiological, toxic waste. Best invest in Building and talking about Fusion power, space, maritime propulsion systems and industry as data centres are. Great Headline, Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR People talk about Nuclear (meaning Fission) and fail to discuss fusion. https://lnkd.in/ge_aeX7M The nuclear fission industry is ignorant of what's happening around it. It must pull its collective uranium heads out of the sand and prepare to enter the commercially growing fusion energy industry. Fission is moving towards obsolescence at an ever-increasing pace, as it is "out of step, out of time, out of place, and soon to be out of Fuel" and merely temporary. https://lnkd.in/gbd_mZqk By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now, see what is happening in the world of the fusion industry. https://lnkd.in/g9hMBD7a As fission trebles, fuel shortage is increasingly real, https://lnkd.in/gze5rwpr
Hello from Houston at the United States Nuclear Industry Council Advanced Reactor Summit this week! I was pleased to see a lot of different potential advanced reactor customers at the conference. A chemicals company made the point that you cannot be serious about industrial decarbonization without nuclear. Tech companies with aggressive climate targets are technology forward and have highest willingness to pay on the market, but need cost trajectories to go down with scale to use advanced reactors in their portfolios. Investors were also present and eager to invest, but are very weary of uncertain costs and schedules in nuclear. While some of the conditions for deploying advanced nuclear reactors have never been better (e.g., need for clean energy, bipartisan support, energy security issues, positive public opinion), inflation, financial risk, and high interest rates are major barriers to cost effectiveness and getting capital to build first of kind projects. It’s time to stop talking about the great potential of advanced reactors and start building them. Let me know in the comments how you think we can overcome these barriers and finally deploy advanced reactors.
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🇫🇷 Jacomex acts as a specialist manufacturer in the #nuclear sector, supplying containment solutions like glove boxes for handling radioactive materials. These glove boxes allow safe and controlled manipulation of samples in research labs, waste management facilities, and even future development of new generation reactors. We are delighted to welcome 🇫🇷 Jacomex as an 𝗘𝘅𝗵𝗶𝗯𝗶𝘁𝗼𝗿 of #INBP 2024 and look forward to learning more about their offerings for the Indian nuclear sector this November. #Swagat 👋 🇮🇳 India’s long-term goal is to produce 100 GW of #nuclear by 2047 as they seek to achieve net zero by 2070. The present installed nuclear power capacity (24 reactors) is set to increase from 8,180 MW to 22,480 MW by 2031 on progressive completion of projects under #construction and accorded sanction. Download the 🇮🇳 𝗜𝗻𝗱𝗶𝗮 𝗡𝘂𝗰𝗹𝗲𝗮𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 (𝗜𝗡𝗕𝗣) 𝟮𝟬𝟮𝟰 brochure here - https://lnkd.in/gRv58D8D #nuclearenergy #power #NBP Business France French Embassy in India / Ambassade de France en Inde Business France India GIFEN
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The World Nuclear Association has shared their World Nuclear Performance Report for 2024! It covers many interesting topics: • Nuclear Industry Performance • Case Studies • Country Pages • Nuclear Reactor Global Status Update • Director General's Concluding Remarks It provides a detailed analysis of trends, data, and improvements in the industry. See the link in this post to view the report. Thank you World Nuclear Association for sharing your insights! #innovation #energy #nuclear #technology #future #entrepreneurship #startups #venturecapital #sustainability #leanstartups https://lnkd.in/ecq-dWup
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One huge barrier to acceptance of nuclear energy is the false idea that discharging water with elevated tritium into the environment is harmful to life, and the ridiculous lengths we will go to further reduce the radiation levels of this filtered/treated/decayed, clean water to below background levels. This needs to be addressed pronto. I hope that Japan’s decision to release clean water into the ocean helps everyone realize how silly this non-issue really is: Dilution is the solution.
Hello from Houston at the United States Nuclear Industry Council Advanced Reactor Summit this week! I was pleased to see a lot of different potential advanced reactor customers at the conference. A chemicals company made the point that you cannot be serious about industrial decarbonization without nuclear. Tech companies with aggressive climate targets are technology forward and have highest willingness to pay on the market, but need cost trajectories to go down with scale to use advanced reactors in their portfolios. Investors were also present and eager to invest, but are very weary of uncertain costs and schedules in nuclear. While some of the conditions for deploying advanced nuclear reactors have never been better (e.g., need for clean energy, bipartisan support, energy security issues, positive public opinion), inflation, financial risk, and high interest rates are major barriers to cost effectiveness and getting capital to build first of kind projects. It’s time to stop talking about the great potential of advanced reactors and start building them. Let me know in the comments how you think we can overcome these barriers and finally deploy advanced reactors.
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Can AI Spark a Nuclear Energy Renaissance? The article, "Nuclear power's AI renaissance," discusses the potential resurgence of nuclear energy in the U.S. as a solution to meet the growing energy demands fueled by AI, data centers, and broader industrial and environmental factors. The Energy Department’s $1.5 billion loan to revive Michigan’s Holtec Palisades plant, alongside Microsoft’s $1.6 billion investment to restart a reactor at Pennsylvania’s Three Mile Island, signals renewed interest in nuclear power. Major banks and financial institutions have committed to supporting global nuclear expansion as part of climate goals. AI's rising energy consumption, particularly from companies like OpenAI, Microsoft, and Google, is a driving factor behind this nuclear push, with tech firms exploring collaborations to meet their power needs. Additionally, startups like TerraPower and X-energy are developing new nuclear technologies, while government policies such as the Inflation Reduction Act and bipartisan infrastructure law offer incentives for nuclear expansion. Despite this momentum, experts remain cautiously optimistic, but challenges like cost-effective alternatives and gas availability may temper nuclear’s potential comeback. Key Messages: 1. AI's Energy Demand: The energy needs of data centers and AI applications are driving renewed interest in nuclear power. 2. New Nuclear Technologies: Startups and tech firms are exploring innovative nuclear technologies like small modular reactors and fast reactors. 3. Challenges Ahead: Despite optimism, nuclear expansion faces competition from cheaper alternatives, financial risks, and project failures. #nuclearenergy https://lnkd.in/g5HHHrv2?
U.S. plans to revive reactors as AI powers nuclear renaissance
axios.com
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Co-Founder and Director at HyFlux, and myMaskFit | MBA | BEng | 2024 Uplink World Economic Forum Top Innovator
☢️ Exciting News from Rolls-Royce and Sheffield University! ⚡️ Rolls-Royce has signed a groundbreaking £15m deal with The University of Sheffield to revolutionise the production of Small Modular Reactors (#SMRs), a key step towards affordable nuclear power. Here's what leaders are saying about this transformative project: - Claire Coutinho, Department for Energy Security and Net Zero Secretary: "Small Modular Reactors are the future of nuclear technology, key to quadrupling the UK’s nuclear capacity by 2050. This multi-million-pound SMR manufacturing facility will be fantastic for Sheffield – reigniting the Steel City as a hub for world-leading industry." - Victoria Scott, Chief Manufacturing Engineer at Rolls-Royce SMR: "Our investment in setting up this facility and building prototype modules is another significant milestone for our business." - Professor Koen Lamberts President and Vice-Chancellor, University of Sheffield**: "We are very proud that Rolls-Royce SMR has chosen to base its module development facility at our Advanced Manufacturing Research Centre (AMRC)." - Oliver Coppard South Yorkshire’s Mayor: "This announcement cements South Yorkshire’s position as the leading place to build small modular reactors, a cutting-edge technology which will be a key part of the global transition to clean energy." 🌍 The project's first phase will see Rolls-Royce spending £2.7m on producing three prototype modules by the end of this year. If successful, more than £15m will be invested in developing prototypes for all necessary SMR modules, signaling a major boost in efficiency and cost-effectiveness for nuclear power production. 💡 SMRs could revolutionize the nuclear industry by being quicker and cheaper to build than traditional power plants, thanks to their modular construction - likened to assembling "Lego bricks." Let’s celebrate this step towards a cleaner and more sustainable future! 🌱 #NuclearEnergy #Innovation #Sustainability #Engineering #Sheffield #RollsRoyce #NorthernPowerhouse
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Hello from Houston at the United States Nuclear Industry Council Advanced Reactor Summit this week! I was pleased to see a lot of different potential advanced reactor customers at the conference. A chemicals company made the point that you cannot be serious about industrial decarbonization without nuclear. Tech companies with aggressive climate targets are technology forward and have highest willingness to pay on the market, but need cost trajectories to go down with scale to use advanced reactors in their portfolios. Investors were also present and eager to invest, but are very weary of uncertain costs and schedules in nuclear. While some of the conditions for deploying advanced nuclear reactors have never been better (e.g., need for clean energy, bipartisan support, energy security issues, positive public opinion), inflation, financial risk, and high interest rates are major barriers to cost effectiveness and getting capital to build first of kind projects. It’s time to stop talking about the great potential of advanced reactors and start building them. Let me know in the comments how you think we can overcome these barriers and finally deploy advanced reactors.
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AI is going nuclear. With Big Tech desperately seeking energy sources to power its AI ambitions, nuclear energy appears to be the option of choice. Microsoft is doing it with Three Mile Island. And, now Sam Altman-backed Oklo is finalizing site investigation work for its planned microreactor in Idaho that could have the reactor up and running by 2027. Nuclear Regulatory Commission approval aside, the computing power of AI is an energy hog as data centers growth becomes a priority. While this may sound like hyperbole, the harsh reality is the U.S. power grid, not to mention those in Europe are woefully ill-equipped to handle the current EV demands and extreme weather let alone the coming AI surge. In other words, electric demand is projected to skyrocket. Three Mile Island and Idaho's microreactor is just the beginning. The tech industry has been rapidly expanding data centers to accommodate the energy-intensive computations required for AI as domestic manufacturing grows and the economy becomes increasingly electrified. AI mania is already impacting climate change plans. Companies especially those in the tech industry have scaled back on climate pledges and delayed the transition from fossil fuels. And, companies use new talking points about the grander plan is to develop new clean energy sources, the issue is we're kicking the can down the road that's getting shorter every day. Oklos has a nuclear plan. The idea behind the microreactors could make them a good fit for data centers because of how they're designed. More importantly, the company’s reactors are supposed to be able to recycle fuel. The catch is the recycled fuel likely won’t be available in meaningful quantities until 2029 or beyond. Renewables and clean tech are the future...but only time will tell. It's becoming clear the tech industry is and will build their own independent, off-grid power systems like Three Mile Island and Idaho. But the payoff will take time. And in the process, we're betting that we can manage to hold off the effects of climate change https://lnkd.in/gs4X8hwY #artificialintelligence #generativeai #nuclearpower #idaho #oklo #cleantech #cleanenergy #climatechange #emissions
Sam Altman-backed Oklo finalizes site inspection deal with DOE for Idaho nuclear reactor
reuters.com
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“Low Carbon Tiger in your Tank” is the coolest description of the ANEEL™ fuel to date 😎 Phenomenal write-up by Matthew L. Wald in The Breakthrough Institute's Build Nuclear Now highlighting the largely overlooked path to deploy advanced nuclear. Instead of designing new reactors, Clean Core Thorium Energy is upgrading the fuel in existing reactors ⚛️ With this week's historic push in India for the 220 MW PHWR (renamed the Bharat Small Reactor or BSR), it has become critical to solve problems with increasing fuel waste volumes, access to imported uranium, and weapons/accident risks. An ANEEL™ powered BSR results in reduced waste volume, less uranium utilization, significant cost savings, proliferation resistance & accident tolerance (ATF) and leveraging domestic thorium reserves in India/USA. Most importantly, this is not a traditional thorium technology focused on experimental reactors (like Molten Salt Reactors). We are focused on the only tried-and-tested "SMR" with decades of impeccable safety and operations. With our fuel, BSRs will be ready for export to any country as well for domestic deployment to decarbonize hard to abate sectors. Read more: https://lnkd.in/eEmGfrsW NuclearNow Generation Atomic Mothers for Nuclear Stand Up for Nuclear
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Creative people finder 🔍 with 18 successful years discovering and helping Security Cleared Contractors and Clients in the ☢️ nuclear and defence industry 📞 𝟘𝟙𝟝𝟙 𝟞𝟞𝟞 𝟠𝟡𝟙𝟠 ✉ jamesk@scantec.co.uk
A startup company, Nano Nuclear is developing portable microreactors. Nano's CEO, James Walker, highlights the portability of microreactors, which can be easily transported globally, making them valuable for energy and decarbonization. He estimates a trillion-dollar industry with the sale of 1,000 microreactors annually. The move addresses the need for new nuclear capacity, aiming for net-zero by 2050. Despite concerns, Walker emphasizes the safety of Small Modular Reactors (SMR's) and microreactors. #MicroReactor #SMR #Nuclear
'Trillion-dollar industry' | US nuclear startup Nano sees energy transition in microreactors
rechargenews.com
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