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NEI Magazine, 3 November 2023 US-based X-Energy Reactor Company and publicly-traded special purpose acquisition company Ares Acquisition Corporation (AAC), have mutually agreed to terminate their previously announced business combination agreement with immediate effect. .......  X-energy and AAC agreed not to proceed with the transaction citing “challenging market conditions, peer-company trading performance and a balancing of…

National Observer, By John Woodside  November 3rd 2023 Nuclear proliferation experts are warning that 50 years of policy designed to limit the spread of nuclear weapons is unravelling as governments invest in certain small modular reactors that could be misused to build bombs. The concerns are aimed at Moltex, a Saint John, N.B., nuclear startup building small…

The utility is required to purchase power at the lowest cost, but a new bill would force NB Power to buy at least some power from SMRs.

Short seller brands blockchain firm Standard Power a "fake customer" October 27, 2023 By Peter Judge  https://www.datacenterdynamics.com/en/news/lawyers-circle-nuclear-startup-nuscale-over-claims-a-24-reactor-deal-will-fail/ Nuclear power startup NuScale is facing investigation by lawyers after a short-seller’s report alleged that it has sold 24 reactors to a “fake customer.” NuScale announced a deal earlier this month to supply blockchain firm Standard Power with 1,848MW of power provided…

I focus on the lies of the nuclear lobby - because these are the most blatant, pervasive, of the lies that are swallowed up and regurgitated by political leaders and the media. Lies about "cheap" "clean" "safe" "nothing-to-do-with-weapons" nuclear power, - especially the (non-existent) SMRs - Small Modular Nuclear Reactors. Dr Pangloss, (from Voltaire's 17th…