Rolls-Royce SMR has chosen three sites in the U.K. for its shortlist of sites to host its first factory for producing components for a fleet of small modular reactors (SMRs). The new factory will manufacture heavy pressure vessels for the SMRs. The final choice of a location for the factory is expected to be announced early next year.
Ultra Safe Nuclear Corporation (USNC) has signed a memorandum of understanding (MoU) with Finland's Lappeenranta University of Technology to consider the deployment of a Micro-Modular Reactor (MMR) in Lappeenranta.
TerraPower’s demonstration of an advanced reactor will be delayed by at least two years because the only source for the fuel it burns is Russia. The Ukraine war has stopped the trade in such materials. TerraPower is planning to construct its first reactor in the frontier-era coal town of Kemmerer, Wyoming. They had hoped to finish the demonstration reactor by 2028.
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One of the leading developers of small nuclear reactors in the U.S. is facing rising costs for a key project. This situation is potentially jeopardizing its future in a low-carbon power grid.