Browsing: SMR

Fortum’s framework agreement with Helsinki-based Steady Energy highlights how established nuclear operators are positioning themselves to support heat-focused small modular reactors, with operational credibility and regulatory confidence becoming as critical as reactor design.

China’s first commercial land based small modular reactor moved closer to grid operation in December after the ACP100 demonstration project at Changjiang in Hainan completed its non nuclear turbine steam run on the first attempt, according to China National Nuclear Corporation.

China Nuclear Power Corporation (CNNC) announced that Unit 2 of the Zhangzhou nuclear power plant in Fujian province has entered commercial operation, marking a key milestone in the country’s nuclear expansion.

In 2025, Finland’s Loviisa Nuclear Power Plant delivered 7.9 terawatt-hours of electricity, supplying roughly 10 percent of the nation’s total consumption.

Sweden’s renewed nuclear ambitions are shifting from policy to project finance as Videberg Kraft, the company tasked with developing new reactors on the Värö Peninsula, formally applies for state aid under a framework adopted earlier this year.

Global electricity demand projections are being recalibrated as artificial intelligence and hyperscale data centers move from marginal load drivers to structural forces in energy planning. According to Uranium Unlocked: The Future of AI & Global Energy Demand, a new institutional research study commissioned by Uranium.io and based on responses from more than 600 investors, this shift is already altering long-term expectations for nuclear generation and uranium procurement at a time when supply fundamentals are tightening.

China’s nuclear buildout continues to progress through methodical construction milestones rather than capacity announcements, and the completion of cold functional testing at Xudabao Nuclear Power Plant’s Unit 3 is one such inflection point.

The U.S. Department of Energy has allocated $400 million to the Tennessee Valley Authority for the deployment of GE Vernova…

The accelerating energy demand from AI and high-performance computing has pushed US data center load forecasts to levels that outpace…

Sweden’s industrial sector is deepening its commitment to fossil-free power as Vattenfall and Industrikraft in Sweden AB sign a joint investment agreement to advance the development of new nuclear power on the Värö Peninsula near Ringhals.