Tag: advanced nuclear
10.13.2020
Terrestrial Energy USA and Centrus Energy Partner on Fuel Supply for IMSR Generation IV Nuclear Plants
Terrestrial Energy USA and Centrus Energy Corp. have signed a memorandum of understanding to secure fuel supply for a future fleet of Integral Molten Salt Reactor (IMSR) power plants. The two companies will evaluate the logistical, regulatory, and transportation requirements to establish fuel supply for Integral Molten Salt Reactor (IMSR) power plants, which use standard-assay low-enriched uranium (LEU).
09.15.2020
TerraPower announces plan to invest in domestic advanced nuclear fuel production to ensure U.S.-based fuel supply for advanced reactors
TerraPower announced today its plans to team with Centrus Energy Corp. to establish commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (HALEU), which will be needed to fuel many next-generation reactor designs including the recently announced Natrium™ Power Storage System designed by TerraPower and GE Hitachi Nuclear Energy.
04.28.2020
Advanced Reactor Concepts (ARC) and Centrus Energy Sign Letter of Intent for HALEU Supply
WASHINGTON, D.C. and BETHESDA, Md. — Advanced Reactor Concepts, LLC, and Centrus Energy Corp. (NYSE American: LEU) have signed a letter of intent to cooperate in supporting deployment of U.S. uranium enrichment capacity to produce High Assay, Low Enriched Uranium (HALEU) – an advanced nuclear fuel that could power both existing and next-generation nuclear reactors, […]
04.23.2020
Centrus Welcomes White House Nuclear Fuel Working Group Report
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) welcomed the release of today’s report from the White House Nuclear Fuel Working Group Report, which calls for “immediate action to support domestic uranium miners and restore the viability of the entire front-end of the nuclear fuel cycle” so that we can meet our national security […]
11.05.2019
Centrus Finalizes Three Year Contract to Demonstrate HALEU Production
Centrus signed a three-year contract with the U.S. Department of Energy to deploy a cascade of centrifuges to demonstrate production of high-assay, low-enriched uranium (HALEU) fuel for advanced reactors
03.27.2019
Statement: Bipartisan Nuclear Energy Leadership Act Would Help the U.S. Win the Global Race to Build and Fuel the Reactors of Tomorrow
“This practical, bipartisan legislation would leverage American innovation so that we can lead the way in building and fueling the next generation of advanced reactors here at home and around the world. Reclaiming America’s position as a major supplier of commercial nuclear technologies through the deployment of advanced reactors and fuel would create high-wage, clean energy jobs while supporting our energy security and nonproliferation efforts."
11.29.2018
X-energy and Centrus Begin Advanced Nuclear Fuel Fabrication Facility Design
“This collaboration between X-energy and Centrus puts our two companies at the forefront of the effort to supply the fuel for the next generation of nuclear reactors,” said Daniel Poneman, president and CEO of Centrus. “We see great promise in this market and believe the advanced TRISO fuel to be produced in this facility will offer an attractive and competitive solution to power advanced reactors around the world.”
09.17.2018
Centrus and Doosan Sign MOU to Explore Cooperation on Supplying Advanced Reactor Market
Centrus and Doosan will explore opportunities to cooperate in providing manufacturing, engineering and technical services and goods to the nuclear industry -- including advanced technologies that will be utilized in the next generation of commercial nuclear reactors under development around the world.
03.28.2018
X-energy Contracts with Centrus to Support Advanced Nuclear Fuel Fabrication Facility Work
Centrus will provide technical expertise and resources to support conceptual design of the facility, including nuclear criticality safety analysis, manufacturing equipment layout and infrastructure design, and conceptual development of fuel form transport packages.
09.06.2017
X-energy and Centrus Energy to Develop Fuel for Advanced Nuclear Reactors
X-energy and Centrus have signed a memorandum of understanding to explore collaboration toward production of fuel for advanced nuclear reactors