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Entergy : and Holtec File Request to Transfer Palisades Nuclear Plant Post-Shutdown, Holtec to Complete Decommissioning Decades Sooner than Entergy
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NuScale Closes Business Agreement with Sarens to Support SMR Deployment and Provide Cash Investment
NuScale Closes Business Agreement with Sarens to Support SMR Deployment and Provide Cash Investment NuScale Power today announced that it has finalized an agreement with Sarens USA to support deployment of its groundbreaking small modular reactor (SMR) and provide a cash investment in NuScale. Sarens USA, the global leader in crane rental services, heavy lifting, and engineered transport, will provide both heavy crane supply for construction as well as engineering, and transportation planning, and will be the key heavy haul provider that gets the NuScale Power Module„¢ from the factory to the first site. As part of the agreement, Sarens will provide a long-term investment in NuScale, signaling a growing commitment from a major global strategic player as an investment partner. NuScales exclusive engineering, procurement, and construction (EPC) contract partner and majority inve
Ottawa holds back on new funding for small nuclear reactors
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Company to deploy test reactor at K-25 site
The Oak Ridger
Kairos Power has announced its plans to deploy a test reactor at the East Tennessee Technology Park (ETTP) in Oak Ridge, pending completion of due diligence and the results of discussions with state and local officials.
“We are thrilled at the prospect of coming to East Tennessee,” Michael Laufer, Kairos Power co-founder and CEO, stated in a news release. “The infrastructure available at ETTP, combined with its proximity to key collaborators at the Oak Ridge National Laboratory makes this a great location to demonstrate our technology. The successful commissioning of Hermes builds on our current technology development programs and extensive engagement with the U.S. Nuclear Regulatory Commission. Ultimately, Hermes will prove that Kairos Power can deliver real systems at our cost targets to make advanced nuclear a competitive source of clean energy in the United States.”
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