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The First Small-Scale Nuclear Plant in the US Died Before It Could Live

Wired · 1y ago

The First Small-Scale Nuclear Plant in the US Died Before It Could Live

The first small-scale nuclear reactor project in the US has been canceled. The Carbon Free Power Project (CFPP), led by startup NuScale, was initially hailed as a way to revive the US nuclear industry. However, the project faced setbacks due to increasing projected costs and difficulties in finding enough customers to buy its power. The cancellation has prompted skepticism about the viability of small modular reactors as a cheaper alternative to large-scale nuclear plants. NuScale remains focused on its other projects, including building reactors in Romania and powering data centers with Standard Power.

Related News

Meta signs power agreement with Constellation nuclear plant

Economic Times

Economic Times · 2m ago

Meta signs power agreement with Constellation nuclear plant

Meta Platforms has partnered with Constellation Energy to keep the Clinton Clean Energy Center nuclear plant in Illinois operational for 20 years. This is Meta's first deal with a nuclear plant, supporting its energy needs as US power demand rises, driven by artificial intelligence and data centers. The agreement aids the plant beyond 2027, after Illinois's subsidy expires, ensuring stable operations and potentially influencing other tech companies to consider nuclear energy collaborations.

Epsilon Carbon expects to sign battery anode supply deals in 6 months | Mint

Livemint

Livemint · 10m ago

Epsilon Carbon expects to sign battery anode supply deals in 6 months | Mint

Epsilon Carbon Pvt Ltd's subsidiary, Epsilon Advanced Materials Pvt Ltd, expects to sign offtake agreements for lithium-ion cell anode material within the next six months for its planned US and Indian manufacturing units. The company has already obtained customer qualification for commercial production and signing take or pay deals will be the final step before construction begins on the plants. Epsilon aims to establish two 30,000 tonnes-per-annum capacity plants, the largest facilities for anode material outside of China and the first plant to supply anode material at scale in India. The US plant will cater to the American market, while the Indian plant will initially focus on exports.

Vietnam eyes first semiconductor plant, US officials warn of high costs

Economic Times

Economic Times · 1y ago

Vietnam eyes first semiconductor plant, US officials warn of high costs

Vietnam Eyeing First Semiconductor Plant as US Officials Warn of High Costs Vietnam is considering the establishment of its first semiconductor plant, despite warnings from US officials about potential high costs. The country is seeking to reduce its reliance on imported technology and boost its domestic semiconductor industry. However, US officials have cautioned Vietnam that building a high-tech semiconductor plant could be expensive, with costs potentially reaching billions of dollars.

The US could soon get a new private uranium enrichment facility.

The Verge

The Verge · 11d ago

The US could soon get a new private uranium enrichment facility.

Plans are underway to revive a shuttered uranium enrichment plant in Kentucky as part of efforts by the Trump administration and Big Tech to revitalize the nuclear energy sector. This initiative aims to meet the rising electricity demand from AI data centers. Billionaire Peter Thiel is supporting the establishment of the first privately developed uranium enrichment facility in the US, signaling a significant step in the country's nuclear energy ambitions.

AI could turn your town nuclear

The Verge

The Verge · 2d ago

AI could turn your town nuclear

Big Tech companies are exploring nuclear energy to power their AI projects. Paducah, Kentucky, a former uranium enrichment site, is set to play a central role in this shift. The Peter Thiel-backed startup aims to revive the local plant, aligning with government efforts to develop AI data centers. As the demand for enriched uranium grows, nuclear energy is poised for a comeback, impacting small cities like Paducah and transforming the energy landscape.

US trade talks at crucial stage; India sticks to agriculture, dairy stand

Economic Times

Economic Times · 1m ago

US trade talks at crucial stage; India sticks to agriculture, dairy stand

Trade talks between India and the US are at a critical stage, with India firm on its agricultural, dairy, and GM crop market access positions. The US is pushing for GM crops and cattle feed sales to India, a contentious point for India with its small-scale sustenance farming model. Negotiators aim to secure a deal before reciprocal US tariffs of 26% become effective. Talks may result in a phased agreement, reflecting ongoing negotiations.

Meta’s going to revive an old nuclear power plant

The Verge

The Verge · 10d ago

Meta’s going to revive an old nuclear power plant

Meta has agreed to support the Clinton Clean Energy Center, an aging nuclear power plant in Illinois, keeping it operational for 20 more years. This move is part of Meta's strategy to decrease its carbon footprint by utilizing nuclear power for AI data centers. The deal, in partnership with Constellation, will enhance the plant’s capacity and save local jobs, reflecting a growing trend of Big Tech investments in nuclear energy to meet increasing energy demands.

IndianOil preparing new strategy for nuclear power: Chairman Sahney

Livemint

Livemint · 1m ago

IndianOil preparing new strategy for nuclear power: Chairman Sahney

Indian Oil Corp. Ltd is preparing a new strategy focusing on nuclear power by building small modular reactors (SMR) and large nuclear power plants, according to chairman Arvinder Singh Sahney. This initiative comes as the government plans to significantly increase nuclear power capacity by 2047. Although Indian Oil previously partnered with Nuclear Power Corp. of India Ltd for a nuclear project, it did not advance. The technology partner for the new strategy remains undisclosed.

Nuclear weapons in space are bad news for the entire planet

The Verge

The Verge · 1y ago

Nuclear weapons in space are bad news for the entire planet

Russia's potential deployment of a space-based nuclear weapon has raised concerns among various parties. While the US government claims it would only target objects in space rather than people on the ground, experts warn about the long-term implications. Space-based nukes could erode international relations and violate space law, potentially leading to the development of weapons that could target the Earth from space. The use of such weapons could result in a cascading debris problem, limiting access to space and jeopardizing satellite functionality. Additionally, the conversion of anti-satellite technology into a platform for launching nuclear weapons poses a significant security risk. The global governance framework surrounding space may need to respond to these potential threats.

India eyes retired coal plants for nuclear use

Livemint

Livemint · 1m ago

India eyes retired coal plants for nuclear use

India is considering converting retired coal power plants into nuclear plants to optimize land use and boost nuclear capacity from 8.7 GW to 100 GW by 2047. This initiative addresses the need for large land parcels typically required by nuclear facilities. A U.S. Department of Energy report from 2022 suggests savings of up to 35% by reusing thermal assets. The government has already prompted states to plan for at least one nuclear plant each.

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