The search for secure sources of HALEU fuel sent a shockwave through the commercial and governmental advanced nuclear reactor network this week when the U.S. company TerraPower signed an agreement with South Africa’s ASP Isotopes for the commercial production of the high-density fuel. ASP has traditionally been known for producing medical isotopes. But in early 2024 it spun-off a…
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Nuclear Finance at the Forefront
There’s been an eruption of agreements between tech companies and nuclear power providers and developers driven by the growing need for zero-carbon, continuous energy for data centers and AI computing needs. This has turned the spotlight to how these projects will actually get deployed and where the money for them is going to come from.…
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A Nuclear Commitment Deluge at Climate Week NYC
The nuclear energy advocacy machine churned harder than Hurricane Helene at the recent Climate Week in New York City. The question is whether the collective commitments made there will generate the gale of actions necessary to triple nuclear power deployment by 2050. Because that objective faces some serious headwinds. Early in the week, fourteen major…
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U.S. Lacks Nuclear Energy Strategy to Achieve COP28 Commitment
At the Dubai climate change meeting in November 2023, almost two dozen countries agreed to triple the deployment of nuclear energy by 2050. The U.S. supported that commitment, China eventually did, and Russia remained silent. Ten months later, China has approved 11 new reactors, Russia is proposing 34 new units by 2042, and the U.S.…
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