Browsing: Nuclear and SMRs
Small modular reactor news: SMR designs, licensing, first projects, supply chains and the role of nuclear in the energy transition.
Global X launched an SMR ETF of about 15 companies whose top 10 holdings carry 97.8 percent of the weight, as the IEA scenario of 1,000 SMRs by 2050 would need about $670 billion of cumulative investment against about $5 billion a year now.
The European Investment Bank agreed up to €40 million in a convertible loan to Finland’s Steady Energy for its 50 MW thermal LDR-50 district heating reactor, its first SMR investment, with construction not due to start before 2029.
Korean small modular reactor startup RX raised 10 billion won ($7.5 million) in a pre-Series A bridge round to develop a reactor for industrial heat, a step that qualifies it for the next phase of a government deep tech programme.
The Environment Agency issued a variation on 6 October that adds 37 smaller backup generators at Hinkley Point C, caps all of them at 500 operating hours a year and raises permitted thermal input by about 67 MWth to about 243 MWth.
Seven reactors appeared in three NRC filings published in the Federal Register on 8 and 9 October, but they sit at very different stages: a draft environmental review, a docketed application and a first filing.
Poland adopted its updated nuclear programme on 29 September, but the 2036 date for the first unit had been in official documents since March 2025; the risk now sits in the permit and 2028 first concrete.
DOE’s conditional loan of up to $4.2 billion is mostly a bill for keeping existing reactors running, and the release leaves out the numbers that would show how much.
DOE’s Office of Nuclear Energy opened up to $50 million over three years for 12 foot silicon carbide cladding rods, with applications due 7 December 2026.
The commercial shipping industry is moving from conceptual studies toward route specific testing of nuclear propulsion, with Hyundai Glovis and U.S. logistics company Liberty Global Logistics (LGL) now examining whether a small modular reactor-powered Pure Car and Truck Carrier could operate between South Korea and the United States.
The NRC proposed changes to nine parts of 10 CFR on reactor licensing, decommissioning and oversight. Comments on Docket NRC-2025-1138 are due 9 November 2026.
Subscriptions
Subscribe to Updates
Get the latest hydrogen and energy transition news from EnergyNews.biz.
