US Army picks five bases for nuclear microreactors
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Antares Nuclear, Inc., a nuclear fission energy company developing compact microreactors for critical missions, today announced the execution of a binding multi-year fuel supply agreement (FSA) with Standard Nuclear (NYSE: STDN).
Fort Bragg is one of five sites selected for a program that could bring commercially operated nuclear microreactors to military installations by 2028.
Nuclear energy is gaining momentum as countries seek reliable, low-emission power sources to meet increasing electricity demand and climate goals amid uncertainty in fossil fuel markets. Its revival renews long-standing debates over safety and nuclear proliferation.
The International Atomic Energy Agency (IAEA) today launched ATLAS — Atomic Technologies Licensed for Applications at Sea — a global initiative to support the safe, secure and peaceful use of nuclear power in civilian shipping and floating nuclear power plants.
Energy Secretary Chris Wright said that nuclear energy will power not only artificial intelligence, but also ships transporting goods across the globe. Wright described nuclear power on Wednesday as the next fuel for the global shipping industry,
Thanks to rising energy demand from the AI sector, nuclear energy is experiencing a renaissance. That's the conclusion reached by analysts at Bank of America. In total, the firm sees nuclear energy becoming a $10 trillion global opportunity over the coming decades.
NuCore Energi - a subsidiary of Finnish utility Fortum - has submitted an application to the Swedish government for state support for the construction of new nuclear generating capacity adjacent to the existing Oskarshamn site.
NuScale Power (NYSE:SMR) stock is down 7% to $9.15 midday Wednesday, and the selling extends across the nuclear complex. NuScale Power is falling alongside two other reactor-related names, while the broad market sits still.