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UK's Harlette Capital seeks partners to develop lunar micro nuclear reactor

UK-based innovative company Harlette Capital has recently issued a Request for Information (RFI), seeking support from industry and research institutions for the development of a micro nuclear reactor for lunar missions. The company stated that the project aims to provide continuous power for long-term scientific research, communications, infrastructure construction, and future crewed exploration on the lunar surface. Harlette Capital is previously better known for its luxury fashion brand Harlette. The company also operates a separate innovation business segment, which is positioning itself in space and energy assets and advancing a small modular reactor (SMR) project named Alpha Moon. According to the company, the RFI has been sent to...

2026-08-11

South Korea and Sweden Discuss Cooperation on High-Level Waste Disposal and SMR Regulation

The Nuclear Safety and Security Commission (NSSC) of South Korea announced on August 10 that it held a bilateral meeting with the Swedish Radiation Safety Authority (SSM) in Seoul, during which the two sides exchanged views on topics including high-level radioactive waste management, nuclear safety regulation, and the development of small modular reactors (SMRs). Sweden has accumulated strong technical expertise in the field of radioactive waste management and has developed a relatively mature technical system for high-level radioactive waste disposal. Currently, Sweden has 6 operating nuclear power units and 7 permanently shut down units, 6 of which are in the decommissioning phase. Following Finland, Sweden is constructing the world's second deep geological disposal facility for high-level radioactive waste. The NSSC of South Korea...

2026-08-10

The Mecca Mutual Defense Agreement Opens a "Finance-Industry-Nuclear" Triad, with Nuclear Energy as an Energy Security Sub-route among Six Economic Pathways

On August 7, Saudi Arabia, Turkey, and Pakistan signed the Mutual Defense Agreement in Mecca, attended by Saudi Crown Prince Mohammed bin Salman, Turkish President Erdogan, and Pakistani Prime Minister Shehbaz Sharif. The agreement binds Saudi financial weight + Turkish defense industry and manufacturing base + Pakistani nuclear and military experience into a single framework for the first time, stipulating that an armed attack on any one country is considered an attack on all, and covers joint defense industry, technology exchange, and training planning coordination. Saudi officials clarified that the agreement does not point to a military axis, religious bloc, or nuclear arms race, but rather to building self-sustaining capabilities. The New Arab, citing IISS, Chatham House, and Reuters/AP analyses...

2026-08-10

South Korea Advances K-Moonshot Initiative, Nuclear Fusion and SMR Spacecraft Listed as Key Missions

The South Korean government is accelerating the K-Moonshot initiative, seeking to tackle critical technologies that are difficult to break through via traditional research pathways through a national-level R&D organizational approach. Among these, nuclear fusion and small modular reactor (SMR) spacecraft have been included in 12 key missions, alongside new drug development, quantum technology, and artificial intelligence, all under the government's coordinated promotion. On August 10, Vice Minister Goo Hyuk-chae of the Ministry of Science and ICT (MSIT) met with the heads of the 12 mission projects and representatives of related institutions at the K-Moonshot Project Support Office in Sejong City to discuss next-stage implementation arrangements. The meeting focused on detailing...

2026-08-10

South Korea Designates SMR as National Strategic Technology, Tax Incentives to Drive New Investment in Nuclear Supply Chain

The South Korean government's inclusion of Small Modular Reactors (SMR) in its national strategic technology support scope signals that its energy and industrial policies are extending from traditional large-scale nuclear power plants to next-generation nuclear technologies. SMRs feature modular manufacturing, relatively shorter construction periods, and higher site flexibility, making them a key direction for South Korea in balancing energy security, low-carbon transition, and advanced manufacturing upgrades. This policy has gained support from South Korea's nuclear industry, with the key being that national strategic technology status typically entails tax credits and other incentives for corporate R&D, equipment investment, and related capital expenditures. For companies involved in nuclear equipment, castings and forgings, control systems, engineering design, and fuel-related businesses...

2026-08-10

Small Modular Reactors Expected to Contribute One-Quarter of Global New Nuclear Capacity by 2050

According to data compiled by the World Nuclear Association (WNA), global nuclear power installed capacity is expected to reach 1,446 GWe by 2050. This projection is based on the continued operation of existing reactors and the implementation of announced nuclear power development targets by governments. Currently, global installed nuclear capacity stands at approximately 403 GWe. To achieve the above scale, an additional approximately 1,043 GWe of nuclear capacity will need to be added. Among this, Small Modular Reactors (SMRs) are expected to contribute about 260 GWe, accounting for roughly one-quarter of global new nuclear capacity. Factors driving nuclear power expansion are increasing. The rapid adoption of artificial intelligence applications has driven up electricity demand from data centers, and the accelerating electrification of transportation and industrial sectors has further elevated the importance of stable, low-carbon electricity supply. Meanwhile, energy security and net-zero emission targets are prompting more countries to reassess the role of nuclear energy in their energy mix.

2026-08-10

Russia Offers Brazil Nuclear Technology Cooperation and Small Modular Reactor Projects, Including Floating Nuclear Power Plants and Arctic/Antarctic Scientific Research

During his visit to Brazil, Nikolai Patrushev, aide to the Russian President and head of Russia's Maritime Board, proposed cooperation initiatives involving nuclear energy, scientific research, and maritime security to the Lula administration. This agenda indicates that Brazil continues to pursue a relatively autonomous diplomatic approach in its relations with major powers, while seeking to expand external cooperation space in areas such as energy transition, defense technology, and protection of maritime rights. In the nuclear energy sector, the Russian side focused on promoting small nuclear reactors and low-power nuclear technologies, including the Elena-M small nuclear power plant and floating offshore power generation units. The Russian side described these technologies as capable of long-term operation, relatively cost-effective...

2026-08-08

IAEA Publishes Technical Document on Emergency Planning Zones for Small Modular Reactors

The International Atomic Energy Agency (IAEA) recently released the technical document "Technical Basis for Emergency Planning Zones for Small Modular Reactors," designated as TECDOC-2134, published in Vienna in 2026. The document comprises 132 pages, includes 11 illustrations, is written in English, and is now available for download. This marks the first time the Agency has systematically documented, in publication form, the outcomes of a coordinated research project related to protective action planning zones in the deployment of small modular reactors. The document focuses on the technical basis for emergency preparedness and response for small modular reactors, with particular attention to determining the size of protective action planning zones. A protective action planning zone is an area surrounding a nuclear facility where protective measures are pre-planned in response to potential accidents...

2026-08-09

U.S. NRC to Debut Modernized Hearing Process in Advanced Reactor Licensing Review for the First Time

The U.S. Nuclear Regulatory Commission (NRC) will hold a public hearing on August 13 in Oak Ridge, Tennessee, to consider the Tennessee Valley Authority's (TVA) application to build a small modular reactor at the Clinch River site. This will mark the first time the NRC applies its modernized mandatory hearing framework in an advanced reactor licensing review. According to the NRC, the new hearing process is designed to give the public earlier insight into the agency's review of the project's safety and environmental impacts, while improving the transparency, predictability, and efficiency of licensing reviews. As part of its licensing modernization efforts, the NRC currently aims to complete construction permit-related decisions within 18 months. TVA plans to...

2026-08-07

IAEA Publishes Technical Document on Emergency Planning Zones for Small Modular Reactors

The International Atomic Energy Agency (IAEA) has published TECDOC Series No. 2134, "Technical Basis for the Emergency Planning Zone for Small Modular Reactors." The document was published in Vienna in 2026, comprising 132 pages with 11 illustrations, in English. This document marks the first time the IAEA has published the results of a Coordinated Research Project (CRP) on the technical basis for emergency planning zones for Small Modular Reactor (SMR) deployment. The research project was conducted from 2018 to 2021, focusing on how to determine the technical basis for off-site emergency preparedness and response (EPR) arrangements in SMR deployment scenarios, particularly the requirements and scope for establishing emergency planning zones (EPZ).

2026-08-07

Seoul National University NEXFO Workshop: Exploring Sustainable Solutions for SMR and MMR

On August 7, the Nuclear Policy Center at Seoul National University's Institute for Future Nuclear Energy Policy announced that it will host the Nuclear Energy Sustainability NEXFO Workshop on the afternoon of September 16 at the Seoul National University Global Engineering Education Center. The event, coinciding with the center's 10th anniversary, is themed "Embracing the Era of Full-Scale SMR and MMR Deployment" and will discuss the policy, industrial, and technological conditions for the commercialization of small modular reactors and micro modular reactors. The workshop will first revisit the public discourse framework on nuclear energy sustainability, and analyze global nuclear fuel cycle trends as well as the domestic challenges facing South Korea. As SMRs and MMRs transition from technology demonstration to practical application, nuclear fuel...

2026-08-07

South Korea's Taesung advances order for Unit 2 of US TerraPower SMR, pivoting to new track in nuclear power and gas turbine forgings

South Korean open-die forging company Taesung is accelerating its entry into the small modular reactor (SMR) supply chain. Data shows that Taesung secured its first order in June this year for rotating plug components of the primary equipment for Unit 1 of US-based TerraPower's SMR, and is expected to advance follow-up orders for related components of Unit 2 of the same project in September. The rotating plug is installed on the upper section of the reactor to support nuclear fuel replacement and in-vessel equipment maintenance, requiring high material resistance to high temperatures and radiation, as well as large-scale forging capabilities. This order therefore not only carries revenue significance but also demonstrates the company's technical validation value in the high-end nuclear power forging segment. TerraPower, founded by Microsoft founder Bill Gates, is developing...

2026-08-07

US Tennessee Valley Authority Accelerates Negotiations to Deploy Small Modular Reactors at Alabama Bellefonte Site

The US Tennessee Valley Authority (TVA) confirmed it is in active negotiations with industry partners to develop a new nuclear power generation project at the long-idle Bellefonte Nuclear Plant site in North Alabama. TVA Interim CEO Mike Skaggs stated at a nuclear industry conference in Knoxville, Tennessee, that the negotiations are progressing at a rapid pace, with a focus on partnering with GE Vernova Hitachi Nuclear Energy to build small modular reactors at Bellefonte in Alabama and the Clinch River nuclear site in Oak Ridge, Tennessee. TVA emphasized in a statement that no final investment or construction decisions have been made yet, but multiple potential sites are being evaluated...

2026-08-07

Three U.S. Nuclear Energy Companies Explore Manufacturing Next-Generation Reactor Fuel from Recycled Nuclear Materials

U.S. nuclear energy companies Curio, NuScale Power, and Framatome have signed a memorandum of understanding to evaluate the feasibility of converting recycled nuclear materials into next-generation reactor fuel and related products. The tri-party collaboration is not focused on immediate commercial production, but rather on research into technical feasibility, fuel development, manufacturing capabilities, supply chain integration, and future commercial deployment, seeking to connect spent fuel recycling, fuel fabrication, and advanced reactor applications into a more complete industrial chain. Under this collaboration, Curio will provide its NuCycle nuclear fuel recycling technology, aiming to recover reusable strategic nuclear materials from spent fuel, with claims of reducing residual waste volume by up to 97%.

2026-08-07

US DOE Approves Nuclear Safety Design Agreement for Deep Fission Underground SMR

Deep Fission, a US advanced nuclear energy company, announced on August 6 that the US Department of Energy (DOE) has approved the Nuclear Safety Design Agreement (NSDA) for its Gravity reactor. The company stated that this milestone means its reactor design meets the requirements for continued advancement under the DOE's Reactor Pilot Program. Deep Fission is developing a small modular pressurized water reactor concept, with plans to place the reactor in a borehole approximately 1 mile, or about 1.6 kilometers, underground. The approved Nuclear Safety Design Agreement will serve as the safety framework for subsequent reactor development work. According to the company's plans, the project will proceed into the DOE authorization process...

2026-08-07