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Terrestrial Energy Goes Public with Net of $ 280 Million SMR Developers Get Ready to Submit License Applications to NRC DOE Re-Issues $ 900 Million Solicitation For SMRs INL Seeks Industry Sponsors for $ 5-10 Million to Invest in Nuclear Startups Terrestrial Energy Goes Public with Net of $ 280 Million Terrestrial Energy merged with a special acquisition company ..
Energy Central…
1) U.S. Department of Energy to accept applications for up to 10 H2Hubs receiving a total of $ 7 billion. At least 4 hubs will be selected, including one w/focus on green H2, one using blue H2, and one with pink H2 from nuclear energy. Concept papers due by 11/7/2022, w/full applications required by 4/7/2023. 2) Bloomberg New Energy Finance reports Chinese electrolyzers up to 4x less..
Energy Central…
When it comes to nuclear power, the U.S. is not living up to its potential, Sen. Lindsey Graham (R-S.C.) told appropriators during a July 20 full committee markup of the Senate’s fiscal year 2018 (FY18) Energy and Water Development Appropriations Bill.
“When it comes to nuclear power, we’re just so far behind the times and I think now’s the time to catch up,” Graham said while presenting an amendment that would address language in the bill he believes to be problematic to the future development of small modular reactors.
According to Graham: “The current report language prohibits funds for engineering design or regulatory developing for next generation light water reactor technology. That language is being perceived by those in the small modular reactor world as basically an impediment to producing small modular reactors.”
Graham went to note that the U.S. has not successfully built a new nuclear reactor in decades, and those under development—the Virgil C. Summer Nuclear plant in Graham’s home state of South Carolina and Southern Co.’s…