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X-energy awarded federal tax credit for TRISO fuel plant

X-energy awarded federal tax credit for TRISO fuel plant

A USD148.5 million federal tax credit has been awarded to X-energy for the construction of the first-of-a-kind fuel facility in Oak Ridge, Tennessee. The TX-1 fuel fabrication plant will be constructed by the company's TRISO-X subsidiary and is designed to produce up to 714,000 TRISO fuel pebbles per year.

Uranium & Fuel 24 April 2024

IAEA puts case to G20 for nuclear energy's net zero role

IAEA puts case to G20 for nuclear energy's net zero role

Better access to financing mechanisms and other policy shifts required for the large-scale expansion of nuclear energy were outlined when the International Atomic Energy Agency made its first-of-a-kind contribution to the G20 policy-making process.

Nuclear Policies 23 April 2024

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Canadian budget aims to streamline nuclear licensing process

Canadian budget aims to streamline nuclear licensing process

The Canadian government has announced measures in its latest budget "to help get nuclear projects built in a timely, predictable, and responsible fashion".

Nuclear Policies 17 April 2024

Eletronuclear responds to report on Angra 3 costs

Eletronuclear responds to report on Angra 3 costs

Brazil's Eletronuclear has highlighted the economic benefits of investing in completing the Angra 3 nuclear unit, and stressed that an official study has yet to be completed into the likely final tariff paid by customers.

Nuclear Policies 15 April 2024

Partnership aims to drive forward HTMR-100 SMR in South Africa

Partnership aims to drive forward HTMR-100 SMR in South Africa

Koya Capital has signed a partnership agreement to work with Stratek Global to secure financing and construction of a ZAR9 billion (USD480 million) first-of-a-kind reactor in South Africa.

New Nuclear 10 April 2024

Nuclear projects receive UK space funding boost

Nuclear projects receive UK space funding boost

Two projects featuring nuclear energy are among 11 international space projects selected to receive funding from the UK Space Agency. Rolls-Royce's collaboration with BWXT receives GBP1.18 million (USD1.5 million) to further its work on fission nuclear systems for space power missions, while an international project led by the University of Leicester receives GBP800,000.

New Nuclear 08 April 2024

Funds awarded to assist Xe-100 deployment in the UK

Funds awarded to assist Xe-100 deployment in the UK

X-energy and Cavendish Nuclear have been granted GBP3.34 million (USD4.23 million) in funding from the UK government to develop plans for the deployment of X-energy's Xe-100 high temperature gas-cooled reactor in the country.

New Nuclear 04 April 2024

Workshops to extend US nuclear cooperation with Europe, Eurasia

Workshops to extend US nuclear cooperation with Europe, Eurasia

The US Trade and Development Agency has announced funding for a series of international workshops to advance US-led civil nuclear energy deployment in Europe and Eurasia. 

Corporate 27 March 2024

Investment announced to boost UK nuclear workforce

Investment announced to boost UK nuclear workforce

UK Prime Minister Rishi Sunak has announced a package of public and private investment to reinforce the country's nuclear workforce and support 40,000 expected new jobs in its defence and civil nuclear industry.

Nuclear Policies 25 March 2024

France awards grants for molten salt reactor R&D

France awards grants for molten salt reactor R&D

Molten salt reactor developers Thorizon and Stellaria, both in consortium with Orano, have been selected by the French government to receive funding through the France 2030 national investment plan.

New Nuclear 22 March 2024