U.S. NRC to Debut Modernized Hearing Process in Advanced Reactor Licensing Review for the First Time

The U.S. Nuclear Regulatory Commission (NRC) will hold a public hearing on August 13 in Oak Ridge, Tennessee, to consider the Tennessee Valley Authority's (TVA) application to build a small modular reactor at the Clinch River site. This will mark the first time the NRC applies its modernized mandatory hearing framework in an advanced reactor licensing review. According to the NRC, the new hearing process is designed to give the public earlier insight into the agency's review of the project's safety and environmental impacts, while improving the transparency, predictability, and efficiency of licensing reviews. As part of its licensing modernization efforts, the NRC currently aims to complete construction permit-related decisions within 18 months. TVA plans to...

2026-08-07

IAEA Publishes Technical Document on Emergency Planning Zones for Small Modular Reactors

The International Atomic Energy Agency (IAEA) has published TECDOC Series No. 2134, "Technical Basis for the Emergency Planning Zone for Small Modular Reactors." The document was published in Vienna in 2026, comprising 132 pages with 11 illustrations, in English. This document marks the first time the IAEA has published the results of a Coordinated Research Project (CRP) on the technical basis for emergency planning zones for Small Modular Reactor (SMR) deployment. The research project was conducted from 2018 to 2021, focusing on how to determine the technical basis for off-site emergency preparedness and response (EPR) arrangements in SMR deployment scenarios, particularly the requirements and scope for establishing emergency planning zones (EPZ).

2026-08-07

South Korea's Taesung advances order for Unit 2 of US TerraPower SMR, pivoting to new track in nuclear power and gas turbine forgings

South Korean open-die forging company Taesung is accelerating its entry into the small modular reactor (SMR) supply chain. Data shows that Taesung secured its first order in June this year for rotating plug components of the primary equipment for Unit 1 of US-based TerraPower's SMR, and is expected to advance follow-up orders for related components of Unit 2 of the same project in September. The rotating plug is installed on the upper section of the reactor to support nuclear fuel replacement and in-vessel equipment maintenance, requiring high material resistance to high temperatures and radiation, as well as large-scale forging capabilities. This order therefore not only carries revenue significance but also demonstrates the company's technical validation value in the high-end nuclear power forging segment. TerraPower, founded by Microsoft founder Bill Gates, is developing...

2026-08-07

US Tennessee Valley Authority Accelerates Negotiations to Deploy Small Modular Reactors at Alabama Bellefonte Site

The US Tennessee Valley Authority (TVA) confirmed it is in active negotiations with industry partners to develop a new nuclear power generation project at the long-idle Bellefonte Nuclear Plant site in North Alabama. TVA Interim CEO Mike Skaggs stated at a nuclear industry conference in Knoxville, Tennessee, that the negotiations are progressing at a rapid pace, with a focus on partnering with GE Vernova Hitachi Nuclear Energy to build small modular reactors at Bellefonte in Alabama and the Clinch River nuclear site in Oak Ridge, Tennessee. TVA emphasized in a statement that no final investment or construction decisions have been made yet, but multiple potential sites are being evaluated...

2026-08-07

Three U.S. Nuclear Energy Companies Explore Manufacturing Next-Generation Reactor Fuel from Recycled Nuclear Materials

U.S. nuclear energy companies Curio, NuScale Power, and Framatome have signed a memorandum of understanding to evaluate the feasibility of converting recycled nuclear materials into next-generation reactor fuel and related products. The tri-party collaboration is not focused on immediate commercial production, but rather on research into technical feasibility, fuel development, manufacturing capabilities, supply chain integration, and future commercial deployment, seeking to connect spent fuel recycling, fuel fabrication, and advanced reactor applications into a more complete industrial chain. Under this collaboration, Curio will provide its NuCycle nuclear fuel recycling technology, aiming to recover reusable strategic nuclear materials from spent fuel, with claims of reducing residual waste volume by up to 97%.

2026-08-07

US DOE Approves Nuclear Safety Design Agreement for Deep Fission Underground SMR

Deep Fission, a US advanced nuclear energy company, announced on August 6 that the US Department of Energy (DOE) has approved the Nuclear Safety Design Agreement (NSDA) for its Gravity reactor. The company stated that this milestone means its reactor design meets the requirements for continued advancement under the DOE's Reactor Pilot Program. Deep Fission is developing a small modular pressurized water reactor concept, with plans to place the reactor in a borehole approximately 1 mile, or about 1.6 kilometers, underground. The approved Nuclear Safety Design Agreement will serve as the safety framework for subsequent reactor development work. According to the company's plans, the project will proceed into the DOE authorization process...

2026-08-07

X-Energy and Centrus Sign HALEU Supply Agreement, Accelerating U.S. Advanced Nuclear Fuel Supply Chain

X-Energy and Centrus Energy have signed a low-enriched uranium and high-assay low-enriched uranium supply agreement, marking a more concrete commercialization phase in fuel assurance for U.S. advanced nuclear reactors. Under the agreement, Centrus will provide uranium enrichment services at its American Centrifuge Plant in Pike County, Ohio, with the HALEU to be supplied to X-Energy's fuel subsidiary TRISO-X for the production of TRISO-coated particle fuel at its Oak Ridge, Tennessee fuel fabrication facility, serving the Xe-100 high-temperature gas-cooled small modular reactor. The significance of this agreement lies not only in the supply itself but also in its phased advance payment arrangement. X-Energy will support Centrus through advance payments...

2026-08-07

"Academician Lomonosov" Floating Nuclear Power Plant Passes Two-Week Audit by International Experts, with Significantly Fewer Findings Compared to 2022

An international team of inspectors at the Arctic port of Pevek conducted a two-week safety assessment of the Akademik Lomonosov, the world's only operating floating nuclear power plant. The experts observed daily operations and studied documentation in key areas. The audit focused on management organization, engineering support, maintenance and repair, radiation protection, and preparedness for various emergency scenarios. The final report shows a significant reduction in the number of findings compared to inspections prior to 2022. This is attributed to the professionalism of management and staff, who followed domestic and international best practices, thereby achieving a high level of safety and operational culture. The plant's nuclear...

2026-08-06

Changwon City Advances SMR Industry Support System

Changwon City in South Gyeongsang Province, South Korea, is advancing a local nuclear industry support system centered on Small Modular Reactors (SMRs), and will formulate its first mid-to-long-term nuclear industry plan. Changwon City announced on August 5 that it plans to conduct consulting services for the "Changwon City Nuclear Industry Development Plan (2027–2030)" from October this year to April next year. The project, with a budget of 45 million KRW, will be entrusted to the Changwon Industry Promotion Agency, focusing on systematically supporting the local nuclear industry and improving the relevant institutional framework. The "Changwon City Nuclear Industry Promotion and Support Ordinance," which underpins this effort, was enacted in 2023. South Korea has recently designated SMRs as one of its national strategic directions. In February of last year, the South Korean government proposed in the "11th Basic Plan for Power Supply and Demand" to achieve commercialization of a 0.7 GW-class SMR demonstration unit by 2035. Meanwhile, the "Special Act on SMRs," passed by the National Assembly, is expected to take effect next month. On the 4th, the government also revised the "Special Tax Limitation Act" and its enforcement decree, designating SMRs with an output of 300 MW or less, as well as Micro Modular Reactors (MMRs) of 20–30 MW class and below, as national strategic technologies. In addition to existing projects, Changwon City also plans to conduct research on "Strategy Formulation for an SMR R&D Special Zone" in cooperation with relevant agencies. The city hopes to create synergies with the "Changwon Second National Industrial Complex," which is currently attracting investment, and to promote the establishment of an SMR industry manufacturing hub. Changwon City is home to Doosan Enerbility and its cluster of partner companies, with Doosan Enerbility being one of South Korea's major manufacturers of nuclear power plant key components. In terms of infrastructure, the "Gyeongnam Nuclear Industry Comprehensive Support Center," which provides office space for businesses, broke ground in February of last year and is scheduled for completion in September next year; the "Small Modular Reactor Robot Manufacturing Support Center," which will handle R&D support and workforce training, is planned for completion by December 2028; and the "Small Modular Reactor Manufacturing Parts Testing and Inspection Support Center," which received national funding in April of last year with a budget of 27.4 billion KRW, is currently undergoing conceptual architectural design and is scheduled for completion by December 2029.

2026-08-06

Vietnam Issues 470 International Nuclear Energy Standards Covering the Full Chain of Nuclear Power Plants, Research Reactors, SMRs, and Radiation Protection

Vietnam is preparing for nuclear energy development, with the Ministry of Science and Technology recently issuing a list of 470 international and foreign standards directly applicable to the atomic energy sector. These standards cover multiple aspects including safety, design, operation, equipment, personnel, radiation protection, nuclear security, and accident response, aiming to ensure the safe and reliable operation of nuclear facilities throughout their entire lifecycle. The list encompasses requirements across a wide range of fields, from nuclear power plants and research reactors to fuel technology, monitoring systems, radioactive waste management, and nuclear security. For nuclear power plants, the standards cover analysis, safety assessment, design, commissioning, equipment classification, accident management, aging management, maintenance...

2026-08-06

Czech industrial valve manufacturer MSA expands into the full nuclear energy supply chain

Czech industrial valve manufacturer MSA is actively expanding its business, aiming not only to participate in the construction of the Dukovany nuclear power plant but also to enter the supply chains related to small modular reactors (SMRs) and nuclear submarine projects. The company is one of the representatives of Czech industrial valve manufacturers, with years of industry experience and technical expertise. MSA specializes in the manufacture of industrial valves designed for the control of media such as liquids and gases. Its products have a long history and have undergone significant technological advancements. Modern industrial valves have become a highly specialized field, relying on contemporary research, innovative materials, and stringent technical and legal requirements. In particular, valves used in nuclear power plants must meet the highest standards of quality, safety, and operational reliability...

2026-08-06

Vietnam's Ministry of Science and Technology and Canada's Saskatchewan Province Strengthen Cooperation on Peaceful Use of Nuclear Technology

Vietnam and Canada's Saskatchewan Province are cooperating on the peaceful use of nuclear technology. Officials from both sides met in Hanoi on August 5, 2026, to discuss directions for cooperation in science, technology, and innovation, particularly in advanced nuclear technology. The Vietnamese side stated that as Vietnam's energy demand grows, ensuring a stable, green, and clean energy supply is of paramount importance, expressing strong interest in research on small modular reactors (SMRs) as well as CANDU reactor technology. During the meeting, both sides discussed strengthening cooperation among regulatory agencies, legal departments, and research organizations in the nuclear technology field, covering legal framework development, technical standards, nuclear safety and safeguards assessment licensing, accident response, and...

2026-08-06

First American Nuclear Company (FANCO) Receives DOE Funding to Accelerate Advanced Nuclear Reactor Development

First American Nuclear Company (FANCO) has received two Rapid Turnaround Experiment (RTE) awards from the U.S. Department of Energy's Office of Nuclear Energy, enabling the company to leverage specialized national laboratory research capabilities to support the development of its EAGL-1 small modular reactor. These awards were granted during the FY2026 RTE selection cycle, which evaluates proposals based on technical superiority, feasibility, and relevance to DOE's nuclear energy programs. The program provides researchers with free access to radiation testing, post-irradiation examination facilities, and technical expertise. FANCO-approved research projects include a study on the effects of extrusion temperature on FeCrAl-ODS alloys in liquid metal fast...

2026-08-06

KEPCO E&C seeks government R&D project for offshore SMR "BANDI"

KEPCO E&C is accelerating the development of its proprietary offshore small modular reactor BANDI. Under relevant plans, the company intends to include BANDI in a government R&D project led by the private sector, leveraging national R&D funding to advance standard design, engineering verification, and subsequent commercialization preparation. It is understood that KEPCO E&C is organizing a government R&D initiative for offshore SMRs, with the company aiming to serve as the lead organization to develop a standard design for offshore SMRs applicable to power generation ships and nuclear-powered vessels. The project is currently in the preliminary planning stage, with plans to submit a project proposal and tender documents early next year, and following review, to secure...

2026-08-06

Tennessee Valley Authority (TVA) Restarts Nuclear Plant Plans to Build New Small Modular Reactors

The Tennessee Valley Authority (TVA) plans to build Small Modular Reactors (SMRs) at the abandoned Bellefonte Nuclear Plant, receiving $400 million in federal funding support. This initiative aims to meet growing electricity demand and leverage advanced nuclear energy technology. The project will adopt NuScale's Small Modular Reactor technology, with an expected total installed capacity of up to 6,000 megawatts. TVA Interim CEO Mike Skaggs stated that the Bellefonte Nuclear Plant is an ideal site for building these small reactors, as the site already possesses the necessary infrastructure and cooling water resources. Small modular react...

2026-08-06

South Korea's Woori Technology Completes KRW 40 Billion Convertible Bond Financing to Bolster Nuclear Power and SMR Businesses

Woori Technology, a South Korean company specializing in nuclear power plant Man-Machine Interface Systems (MMIS) and related instrumentation and control equipment, announced on August 6 that it has decided to issue the 20th series of unregistered, unsecured private convertible bonds (CBs) totaling KRW 40 billion. The raised funds will be primarily used for nuclear power, small modular reactor (SMR), offshore wind power, and resource recycling businesses. The maturity date of these convertible bonds is August 13, 2031, with a conversion price of KRW 10,717 per share. Both the coupon rate and yield to maturity are 0%, which helps the company secure long-term funding for core business investments while controlling financial costs. Woori Technology stated that the raised funds...

2026-08-06

U.S. NRC Approves Four SMR-300 Reactors at Oyster Creek Site in New Jersey

A retired nuclear power plant in New Jersey is getting a new lease on life with the construction of small modular reactors. The U.S. Nuclear Regulatory Commission (NRC) has approved the construction of four advanced small modular reactors (SMRs) at the site of the Oyster Creek nuclear power plant in New Jersey. The plant is currently in decommissioning, with more than half of the dismantling work completed. The Oyster Creek Generating Station, which began construction in December 1969 and operated for nearly 49 years until its closure in September 2018, was once the longest-operating commercial nuclear power plant in the United States. It produced over 192 terawatt-hours of carbon-free electricity in total. Supported by New Jersey's pro-nuclear legislation and stable local backing, Holtec plans to build...

2026-08-05

Arkansas Advances New Nuclear Power Plant Project, Hyundai Motor Supports SMR Construction

Entergy, Holtec International, and Hyundai Motor Group signed an agreement on August 4, 2026, to jointly advance a nuclear power generation project in White County, Arkansas. The project will utilize Holtec's technology for the design, manufacturing, and maintenance of Small Modular Reactors (SMRs), while Hyundai Motor will be responsible for providing key equipment and technical support for the plant. This collaboration involves the construction of a new nuclear power plant in Arkansas, which is expected to provide reliable and clean electricity to the local area. Entergy will serve as the operator of the project, responsible for the safe operation and management of the nuclear power plant, and will also work closely with H...

2026-08-05

Holtec, Entergy, and Hyundai Engineering & Construction Partner to Evaluate SMR-300 Deployment Opportunities in the Southern United States

On August 4, local time, Holtec International, Entergy Services, LLC, and Hyundai Engineering & Construction Co., Ltd. (HDEC) announced a strategic collaboration to jointly evaluate potential opportunities for deploying Holtec's SMR-300 advanced small modular reactor within Entergy's service territory to power large-load customers. The collaboration is established through a non-binding memorandum of agreement. Under the arrangement, the three parties will conduct assessments around a potential two-unit SMR-300 project, focusing on customer demand,...

2026-08-05

Mitsubishi Heavy Industries to Fully Develop Small Modular Reactors, Targeting Commercialization in Japan

Against the backdrop of the Japanese government's push to expand nuclear energy utilization, Mitsubishi Heavy Industries has decided to proceed with full-scale development of Small Modular Reactors (SMRs), with the goal of achieving commercial application in Japan. This is seen as a significant step forward by a Japanese private enterprise toward the practical deployment of SMRs. The Basic Energy Plan approved by Japan's Cabinet last year calls for maximizing the use of nuclear energy. At a ministerial meeting held last week, the Japanese government once again confirmed its commitment to advancing the research, development, and deployment of next-generation nuclear reactors. SMRs represent one of the technology pathways for next-generation nuclear reactors. Due to their smaller unit size and higher degree of modularization, the industry generally...

2026-08-05

South Korea Designates SMR and MMR as National Strategic Technologies; South Gyeongsang Province Says It Will Promote Transition of Nuclear Power Companies

South Gyeongsang Province said on August 4 that it welcomes the South Korean government's designation of Small Modular Reactors (SMR) and Micro Modular Reactors (MMR) as national strategic technologies in the 2026 tax reform plan. Under the relevant arrangement, the South Korean government will revise the Special Tax Treatment Control Act and its enforcement decree to include industries related to small modular reactors of 300 MW or less and micro modular reactors of 20 to 30 MW class within the scope of national strategic technologies. Going forward, companies conducting R&D on SMR and MMR technologies or investing in related facilities will be eligible for higher tax credits for R&D and facility investment. South Gyeongsang Province believes that this policy will provide an opportunity for local nuclear power companies to transition into the SMR...

2026-08-05