Weekly Industry News Update 📰 We're keen to share our latest insights, featuring our Sales Director, Antony Harding. Antony had this to say about the market: "New week new SMR news, what an exciting time for new nuclear! Kärnfull, a leading small modular reactor (SMR) project development company, has announced Valdemarsvik in southeastern Sweden as a new candidate site to host up to six nuclear reactors. The first reactor could be delivering electricity by the early 2030s. 🔍 Key Info: Exclusive Partnership: Kärnfull Next has entered an exclusive agreement with landowner Latona Group for exploration rights at the site. Promising Preliminary Results: Early studies indicate positive outcomes due to favorable location, topography, and cooling conditions. Local Impact: The project is estimated to create around 500 direct and indirect jobs per year for 70 years, significantly boosting the local economy. ⚡ Project Details: SMR Park: Planned to host between four and six small light-water reactors, producing 10-15 TWh of clean electricity annually. As a reference, Sweden's existing nuclear fleet produced 47 TWh last year. Collaboration: Kärnfull Next is partnering with GE Hitachi (developer of the BWRX-300 SMR) and Finnish state energy company Fortum to develop ready-to-build projects. Kärnfull Next has been conducting site selection and feasibility studies across several municipalities in Sweden since 2022, working towards a sustainable and energy-secure future." #WeeklyIndustryNews #CleanEnergy #RenewableElectricity
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🌍 Sweden's SMR Project Company Announces New Candidate Site for Up to Six Nuclear Reactors New week new SMR news, what an exciting time for new nuclear! Kärnfull, a leading small modular reactor (SMR) project development company, has announced Valdemarsvik in southeastern Sweden as a new candidate site to host up to six nuclear reactors. The first reactor could be delivering electricity by the early 2030s. 🔍 Key Info: Exclusive Partnership: Kärnfull Next has entered an exclusive agreement with landowner Latona Group for exploration rights at the site. Promising Preliminary Results: Early studies indicate positive outcomes due to favorable location, topography, and cooling conditions. Local Impact: The project is estimated to create around 500 direct and indirect jobs per year for 70 years, significantly boosting the local economy. ⚡ Project Details: SMR Park: Planned to host between four and six small light-water reactors, producing 10-15 TWh of clean electricity annually. As a reference, Sweden's existing nuclear fleet produced 47 TWh last year. Collaboration: Kärnfull Next is partnering with GE Hitachi (developer of the BWRX-300 SMR) and Finnish state energy company Fortum to develop ready-to-build projects. Kärnfull Next has been conducting site selection and feasibility studies across several municipalities in Sweden since 2022, working towards a sustainable and energy-secure future. Kärnfull Next (KNXT) GE Hitachi Nuclear Energy #CleanEnergy #NuclearPower #SMR #Sustainability #Sweden #EnergyTransition #Innovation #JobCreation #RenewableEnergy
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GE HITACHI BUILDS SUPPLY CHAIN FOR BWRX-300 SMR DEPLOYMENT In a move to bolster the deployment of its BWRX-300 small modular reactor (SMR), GE Hitachi Nuclear Energy (GEH) is assembling a group of qualified supply chain partners. The supplier group will comprise companies that meet GEH's pre-defined criteria and demonstrate a commitment to investing in BWRX-300 manufacturing capabilities. The first member is BWXT Canada Ltd, which recently announced an $80 million expansion of its Ontario facility to support SMR, large-scale nuclear, and advanced reactor projects. GEH's initiative comes as power providers face supply chain constraints that have delayed critical infrastructure. By collaborating with suppliers, the company aims to ensure a reliable, cost-effective process for commercialising the BWRX-300 globally. The BWRX-300 is GEH's flagship SMR, based on its certified ESBWR design. With demand for advanced nuclear expected to be split evenly between large reactors and SMRs by 2050, the BWRX-300 positions GEH to meet the growing need for flexible, modular nuclear power. Read more: https://lnkd.in/e2NgE-uP #NEI #nuclearpower #nuclearenergy #advancedreactors #supplychain
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The BWRX-300 is GEH's flagship SMR, based on its certified ESBWR design. With demand for advanced nuclear expected to be split evenly between large reactors and SMRs by 2050, the BWRX-300 positions GEH to meet the growing need for flexible, modular nuclear power.
GE HITACHI BUILDS SUPPLY CHAIN FOR BWRX-300 SMR DEPLOYMENT In a move to bolster the deployment of its BWRX-300 small modular reactor (SMR), GE Hitachi Nuclear Energy (GEH) is assembling a group of qualified supply chain partners. The supplier group will comprise companies that meet GEH's pre-defined criteria and demonstrate a commitment to investing in BWRX-300 manufacturing capabilities. The first member is BWXT Canada Ltd, which recently announced an $80 million expansion of its Ontario facility to support SMR, large-scale nuclear, and advanced reactor projects. GEH's initiative comes as power providers face supply chain constraints that have delayed critical infrastructure. By collaborating with suppliers, the company aims to ensure a reliable, cost-effective process for commercialising the BWRX-300 globally. The BWRX-300 is GEH's flagship SMR, based on its certified ESBWR design. With demand for advanced nuclear expected to be split evenly between large reactors and SMRs by 2050, the BWRX-300 positions GEH to meet the growing need for flexible, modular nuclear power. Read more: https://lnkd.in/e2NgE-uP #NEI #nuclearpower #nuclearenergy #advancedreactors #supplychain
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If current trends persist, Russian and Chinese designs for #SmallModularReactors (#SMR) are poised to dominate the global fleet by capacity, according to a report from the New Nuclear Watch Institute (NNWI).
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The Yakutia small modular reactor (SMR) project has kicked off with the construction of worker camps and a road to the site. The plant will have a state-of-the-art RITM-200N 55 MW reactor that uses the same technology as the RITM-200 series that powers Russia’s cutting-edge nuclear-powered icebreakers in the Arctic. The plant will be located also in Russia’s Arctic north, where it will supply clean and reliable energy as soon as in 4 years, and for decades to come until at least 2088. The Yakutia SMR project is not only a trailblazer in Russia, but also a contender for the global leadership in the small and micro modular reactor market, thanks to its proven performance in the demanding arctic icebreaker mission. Russia has bold plans to deploy hundreds of these cutting-edge reactors in the near future, aiming to seize up to 20% of the global market share for this transformative technology, which is expected to grow rapidly in the coming years. Russia is leading the nuclear revolution, delivering safe, sustainable, and affordable energy as the top exporter of nuclear technology to the world. Imagine what they could achieve with a different geopolitics approach.
Preparatory work stepped up for Russia's first land-based SMR
world-nuclear-news.org
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New Brunswick Power has partnered with two small modular reactor (SMR) developers to built two different Gen IV reactors at its Point Lepreau CANDU nuclear power plant, with approvals and construction beginning later this decade. One will use molten salt and the other will use molten sodium as primary coolants. One of these vendors, ARC Clean Technology represents Canada's first Gen IV fast spectrum SMR (https://lnkd.in/gqn7RrkK), which will use molten sodium metal, instead of water, as the primary coolant, which means that its reactor will not be a high pressure vessel and thus simpler in construction and inherently safer. The ACR reactor is a factor of 10 scaled-up version of the American Experimental Breeder Reactor (EBR-II). While ARC is not advertising that their commercial demonstration (100 MWe) unit will be a breeder reactor, historically all molten sodium cooled fast spectrum reactors produced upwards of 30% more fissile isotopes than they consumed in their lifetime. Here is a highly informative article by the World Nuclear Association on the history of fast spectrum nuclear reactors (https://lnkd.in/g4Jj9wBS). This initiative is of historical significance for Canada, as this commercial demonstration may translate into a long term capability that will allow our nuclear industry to achieve a Closed Fuel Cycle. Nations that achieve a Closed Fuel Cycle will radically expand their energy resource base (by factors of 10 to 60) relative to a Once Through Fuel Cycle, as well as reduce the volume and longevity of their spent fuel stockpiles. Ultimately, having breeder reactor capacity means that the Canadian nuclear fuel supply chain will be retain its current self-sufficiency and there will be sufficient fissile isotope production capacity to allow the expansion of SMRs technologies beyond power generation.
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fission is an interim unlike fusion and renewables, with the grid-attached variable hydrogen generators and batteries which are deploying faster in 189 countries as opposed to the 39 that fission can Fission fuel. It is going to get tight. In 100 or 80 years. Which Nuclear fission or fusion? https://lnkd.in/g36Z4k6P
The Yakutia small modular reactor (SMR) project has kicked off with the construction of worker camps and a road to the site. The plant will have a state-of-the-art RITM-200N 55 MW reactor that uses the same technology as the RITM-200 series that powers Russia’s cutting-edge nuclear-powered icebreakers in the Arctic. The plant will be located also in Russia’s Arctic north, where it will supply clean and reliable energy as soon as in 4 years, and for decades to come until at least 2088. The Yakutia SMR project is not only a trailblazer in Russia, but also a contender for the global leadership in the small and micro modular reactor market, thanks to its proven performance in the demanding arctic icebreaker mission. Russia has bold plans to deploy hundreds of these cutting-edge reactors in the near future, aiming to seize up to 20% of the global market share for this transformative technology, which is expected to grow rapidly in the coming years. Russia is leading the nuclear revolution, delivering safe, sustainable, and affordable energy as the top exporter of nuclear technology to the world. Imagine what they could achieve with a different geopolitics approach.
Preparatory work stepped up for Russia's first land-based SMR
world-nuclear-news.org
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Senior Visiting Research Fellow, Oxford Institute for Energy Studies, OIES; former Director of Research and Acting SG of OPEC
Will Russia be able to take advantage of its leading position in the race for dominance of the SMR market? Despite the political and economic sanctions imposed on Russia by Western countries, on account of its war in Ukraine.. Russia … is a strong “contender for the global leadership in the small and micro modular reactor market, thanks to its proven performance in the demanding arctic icebreaker mission. Russia has bold plans to deploy hundreds of these cutting-edge reactors in the near future, aiming to seize up to 20% of the global market share for this transformative technology, which is expected to grow rapidly in the coming years.” A huge challenge but a with a large head-start
The Yakutia small modular reactor (SMR) project has kicked off with the construction of worker camps and a road to the site. The plant will have a state-of-the-art RITM-200N 55 MW reactor that uses the same technology as the RITM-200 series that powers Russia’s cutting-edge nuclear-powered icebreakers in the Arctic. The plant will be located also in Russia’s Arctic north, where it will supply clean and reliable energy as soon as in 4 years, and for decades to come until at least 2088. The Yakutia SMR project is not only a trailblazer in Russia, but also a contender for the global leadership in the small and micro modular reactor market, thanks to its proven performance in the demanding arctic icebreaker mission. Russia has bold plans to deploy hundreds of these cutting-edge reactors in the near future, aiming to seize up to 20% of the global market share for this transformative technology, which is expected to grow rapidly in the coming years. Russia is leading the nuclear revolution, delivering safe, sustainable, and affordable energy as the top exporter of nuclear technology to the world. Imagine what they could achieve with a different geopolitics approach.
Preparatory work stepped up for Russia's first land-based SMR
world-nuclear-news.org
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Machinery & Reliability Industrial Consultant. Unconventional Solutions to Machinery Failure; Finding The Failure Mice. All Opinions are the authors personal opinions.
The concept and proven expereince of 55 MW size high reliability, low operation and maintenance cost powerplants is needed especially in remote towns and remote industrial sites. But it seems that a 100 MW unit will more offset the high expense of specialised engineers, unless that is going to be done remotely [computer and control system] from the mother company.
The Yakutia small modular reactor (SMR) project has kicked off with the construction of worker camps and a road to the site. The plant will have a state-of-the-art RITM-200N 55 MW reactor that uses the same technology as the RITM-200 series that powers Russia’s cutting-edge nuclear-powered icebreakers in the Arctic. The plant will be located also in Russia’s Arctic north, where it will supply clean and reliable energy as soon as in 4 years, and for decades to come until at least 2088. The Yakutia SMR project is not only a trailblazer in Russia, but also a contender for the global leadership in the small and micro modular reactor market, thanks to its proven performance in the demanding arctic icebreaker mission. Russia has bold plans to deploy hundreds of these cutting-edge reactors in the near future, aiming to seize up to 20% of the global market share for this transformative technology, which is expected to grow rapidly in the coming years. Russia is leading the nuclear revolution, delivering safe, sustainable, and affordable energy as the top exporter of nuclear technology to the world. Imagine what they could achieve with a different geopolitics approach.
Preparatory work stepped up for Russia's first land-based SMR
world-nuclear-news.org
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Urban A&O, Inc. is bullish on the potential of small modular reactors (SMRs) to solve the power problem in data centers. With nuclear becoming a crucial carbon-free and reliable source of power, companies and countries are turning to SMRs. Unlike traditional nuclear, SMRs can be built in factories and delivered to the project area quickly, avoiding cost overruns. However, there are currently no operational SMR projects, and construction costs have soared in recent years. Despite this, the number of announced SMR projects has grown more than 65% globally since the end of 2021, driven by supportive policies and growing interest in net-zero power. While Canada and the U.S. lead in SMR projects, other countries are expected to follow suit to meet their net-zero goals. #smrs #renewablepower #futureforwardthinking
Climate: ⚛️ SMR pipeline
axios.com
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