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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 · 11m 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 · 1m 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 · 22d 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.

Google announces Tennessee as site for small modular nuclear reactor - The Economic Times

Economic Times

Economic Times · 10d ago

Google announces Tennessee as site for small modular nuclear reactor - The Economic Times

Google and Kairos Power plan to build an advanced nuclear power plant in Oak Ridge, Tennessee, to power data centers by 2030. This initiative supports Google's agreement to purchase nuclear energy, providing 500 megawatts of capacity to power 350,000 homes. The 50-gigawatt plant, under a long-term deal with Tennessee Valley Authority, will deploy generation IV nuclear technology. The U.S. Energy Secretary highlights its importance for AI dominance and energy leadership, aiding the American nuclear renaissance.

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.

Foxconn starts iPhone 17 production at $2.8B Bengaluru plant

YourStory

YourStory · 11d ago

Foxconn starts iPhone 17 production at $2.8B Bengaluru plant

Foxconn's $2.8 billion Bengaluru plant, its second-largest manufacturing unit, has commenced small-scale production of the iPhone 17. Initially disrupted by the abrupt departure of Chinese engineers, production resumed with experts from Taiwan and other locations. Apple plans to boost iPhone production significantly in the coming year. In 2025, Apple increased iPhone production in India and most iPhones sold in the US originated from there. Foxconn's additional unit complements its existing Chennai operations.

Meta’s going to revive an old nuclear power plant

The Verge

The Verge · 1m 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.

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