Explore

TrendlineTrendline
US Nuclear Reactor Designer X-energy Advances 6-GW SMR Fleet into UK Regulatory Review

US Nuclear Reactor Designer X-energy Advances 6-GW SMR Fleet into UK Regulatory Review

US Nuclear Reactor Designer X-energy Advances 6-GW SMR Fleet into UK Regulatory Review
ReutersReuters
US nuclear regulator's overhaul of rules to run well into 2027, its chief says

US nuclear regulator's overhaul of rules to run well into 2027, its chief says

By Francois Murphy VIENNA, Sept 15 (Reuters) - The U.S. nuclear power regulator's overhaul of rules, part of a push to cut approval times for new reactors to 18 months, will continue well into next year, its chairman told Reuters on Tuesday, as the Trump administration seeks to quadruple the
TheStreetTheStreet
Wall Street sounds alarm on nuclear stock with 40% downside

Wall Street sounds alarm on nuclear stock with 40% downside

A key analyst has slashed its price target for the stock.
Rapid ReadRapid Read
Tennessee Governor Bill Lee and DOE Discuss Nuclear Growth in Oak Ridge

Tennessee Governor Bill Lee and DOE Discuss Nuclear Growth in Oak Ridge

Tennessee Governor Bill Lee, alongside EM Assistant Secretary Tim Walsh from the Department of Energy (DOE), participated in the East Tennessee Economic Council's Nuclear Opportunities Workshop. The workshop focused on highlighting Oak Ridge's strategic position to contribute significantly to the nation's nuclear future. A key aspect of this initiative involves the cleanup efforts at Oak Ridge, which are facilitating the transfer of over 2,500 acres of federal land. This land is being made available for economic development and the production of affordable energy. The goal is to create space for new nuclear projects, which are projected to attract billions of dollars in investment and generate thousands of new jobs within the region. The discussions underscored the collaborative efforts between state leadership and federal agencies to leverage existing infrastructure and expertise in Oak Ridge for advancements in nuclear technology and energy production.
Rapid ReadRapid Read
Representative August Pfluger Advocates for Efficient Nuclear Energy Lifecycle and Waste Management

Representative August Pfluger Advocates for Efficient Nuclear Energy Lifecycle and Waste Management

Congressman August Pfluger (TX-11) participated in an Energy Subcommittee hearing focused on affordable nuclear energy and the management of nuclear spent fuel. The hearing, titled 'Nuclear Spent Fuel Policy: Examining Nuclear Lifecycle Innovation Campuses,' addressed new initiatives by the Department of Energy and the Administration to transform the nuclear fuel cycle. Representative Pfluger emphasized the need for a more efficient and properly utilized nuclear energy lifecycle, highlighting the potential to quadruple the electrons produced by nuclear energy from its current 20% contribution to U.S. usage. He also raised concerns specific to West Texas regarding the storage of high-level nuclear waste near oil and gas production sites, advocating for solutions that allow material to be used before reaching permanent disposal.
Rapid ReadRapid Read
Department of Homeland Security Implements New Four-Year Limit on International Student Stays

Department of Homeland Security Implements New Four-Year Limit on International Student Stays

The Department of Homeland Security (DHS) is implementing a new rule that limits international students to a four-year stay in the U.S., effective for those beginning studies after September 15. This policy ends a nearly 50-year-old regulation that allowed international students to remain in the country until their studies were completed, a period known as 'duration of status.' The new rule will mark students' paperwork with an 'Admit Until Date,' which is either the last day of their program or four years after their arrival, whichever comes sooner. This change also reduces the grace period for F-1 students to stay in the country after their status ends from 60 days to 30 days. Students who overstay this grace period could face bans from the U.S. The DHS states that this policy change, which was previously attempted by the first Trump administration, aims to enhance national security and decrease the number of international student overstays. A group of higher education associations has filed a lawsuit to...
Rapid ReadRapid Read
Idaho State University Advances Microreactor Project, Bolstering Nuclear Energy Future

Idaho State University Advances Microreactor Project, Bolstering Nuclear Energy Future

Idaho State University (ISU) has taken a significant step forward in its plan to construct a functional microreactor, a project recognized as the first of its kind in the United States. State and energy leaders convened at the proposed reactor site to mark this advancement. Governor Brad Little emphasized that the Advanced Research and Test Reactor project will build upon Idaho's existing nuclear legacy and is crucial for preparing a skilled workforce for the expanding nuclear industry. The U.S. Department of Energy selected ISU for its Nuclear Reactor Innovation Center Launch Pad USA program in April. This initiative involves a partnership with NuCube Energy Inc., an Idaho Falls-based company, to design and commission the Advanced Research and Test Reactor at ISU’s Business and Research Park. The project is envisioned as a central hub for student education, applied research, and reactor operations. ISU currently operates a research reactor on campus, a facility it has maintained since 1965, making it one ...
Rapid ReadRapid Read
Chairman Latta Addresses Subcommittee on Energy Regarding Nuclear Lifecycle Innovation Campuses and Waste Policy

Chairman Latta Addresses Subcommittee on Energy Regarding Nuclear Lifecycle Innovation Campuses and Waste Policy

Congressman Bob Latta (OH-05), Chairman of the Subcommittee on Energy, delivered an opening statement at a hearing discussing America’s nuclear fuel policy and the Department of Energy’s (DOE) Nuclear Lifecycle Innovation Campuses. These campuses represent a new initiative by the DOE and the Administration to transform the nuclear fuel cycle. The program aims to support national nuclear policy ambitions and address the federal government’s responsibility for nuclear waste disposal. The concept involves transporting spent fuel from reactors nationwide to volunteer host states, where it can be stored, recycled, and related waste disposed of. Chairman Latta emphasized the importance of reprocessing spent fuel to maximize its remaining usefulness and reduce the volume of waste requiring permanent repositories. Six states are currently in negotiations with the DOE to develop these lifecycle innovation campuses.
ReutersReuters
Holtec Nuclear suspends planned US IPO

Holtec Nuclear suspends planned US IPO

Sept 16 (Reuters) - Holtec Nuclear has suspended its planned U.S. initial public offering due to market conditions, the nuclear technology company said on Wednesday. The Camden, New Jersey-based company said it would continue to evaluate the timing of the offering, but did not give a specific date.
ReutersReuters
Holtec Nuclear suspends planned US IPO, Bloomberg News reports

Holtec Nuclear suspends planned US IPO, Bloomberg News reports

Sept 16 (Reuters) - Holtec Nuclear has suspended its planned U.S. initial public offering, Bloomberg News reported on Wednesday, citing people familiar with the matter. The IPO was put on hold because of market conditions, the report said, citing one of the people.
Rapid ReadRapid Read
Federal Judge Blocks Trump Administration's International Student Visa Restrictions

Federal Judge Blocks Trump Administration's International Student Visa Restrictions

A federal judge has issued a preliminary injunction, preventing the Trump administration's new rule limiting the duration of stay for international students from taking effect. The Department of Homeland Security (DHS) rule, finalized in July, sought to replace a nearly 50-year-old policy that allowed international students to remain in the U.S. until they completed their studies. The new regulation would have restricted most international students to a four-year stay, after which they would need to apply for an extension. U.S. District Court for the District of Massachusetts Judge F. Dennis Saylor IV ruled that the Trump administration failed to adequately respond to public comments or consider alternative options, violating the Administrative Procedure Act. Judge Saylor also stated that the government did not demonstrate a rational connection between the rule and its stated national security objectives, calling the justification "absurd" and based on a "small handful of anecdotes" that the rule would not...
Rapid ReadRapid Read
Iowa Task Force Recommends Aggressive Pursuit of Nuclear Energy

Iowa Task Force Recommends Aggressive Pursuit of Nuclear Energy

A recent report from the Iowa Nuclear Energy Task Force advocates for the aggressive development of nuclear power within the state. This recommendation comes as Iowa faces the steady retirement of fossil fuel plants across the country, with over a third of its current electricity still generated from burning coal and natural gas. The task force highlights nuclear power's safety and reliability, citing its low total deaths per unit of electricity produced and minimal public health impact compared to other energy sources. The report also addresses concerns about nuclear waste, noting that while fossil fuel waste is released into the atmosphere, nuclear waste is fully contained. The total volume of spent nuclear fuel produced in the U.S. since the 1950s is described as remarkably small, estimated to fit on a football field at a depth of approximately 10 yards. The task force suggests that tax credits and financial support for nuclear energy are justifiable, similar to other energy investments, and are crucial...