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NTPC invites bids for feasibility study on SMRs at old thermal plants

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NTPC Limited has invited bids from enlisted consultancy firms to conduct feasibility studies for installing small modular reactors (SMRs) at decommissioned thermal power stations (TPS). The tender was issued on 7 April 2025, with the last date for submission set for 18 April 2025. The shortlisted firms include Deloitte Touche Tohmatsu India, EY, KPMG Advisory Services, PwC, A. T. Kearney, McKinsey & Company, Boston Consulting Group (BCG), Bain & Company, Accenture Solutions, Oliver Wyman, Egis…

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TVA leads $800m SMR initiative to expedite Clinch River nuclear project

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The Tennessee Valley Authority (TVA) will lead an $800 million application to the US Department of Energy’s Generation III+ small modular reactor (SMR) program.  The initiative, supported by Bechtel, BWX Technologies, and Duke Energy, aims to accelerate the construction of an SMR at TVA’s Clinch River project in Oak Ridge, Tennessee. If successful, the funding will reduce the project’s timeline by two years, with a target for commercial operation by 2033. TVA plans to use…

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Laurentis Energy Partners collaborates on SMR development in Poland

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Laurentis Energy Partners has partnered with ORLEN Synthos Green Energy (OSGE) to advance small modular reactor (SMR) development in Poland.  The collaboration focuses on preparing the Preliminary Safety Analysis Report (PSAR), a critical document for licensing GE Hitachi Nuclear Energy’s BWRX-300 SMRs. The PSAR, mandated by Poland’s National Atomic Energy Agency, will assess environmental conditions, site characteristics, and other safety factors. Laurentis staff based in Ontario, Canada, will handle its preparation. The $40 million agreement…

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Swedish government rejects 13 offshore wind projects in Baltic Sea

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The Swedish government has denied 13 applications for offshore wind farms in the Baltic Sea, south of the Sea of Åland, citing national defence interests.  The rejected projects include Arkona, Aurora, Baltic Offshore Beta, Cirrus, and others, as they posed potential conflicts with Sweden’s military operations. This decision affects various developers, including Hexicon’s joint venture Freja Offshore, which will halt its Cirrus and Dyning projects. Defence Minister Pål Jonson emphasized that in the current security…

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US commits $900 million for Gen III+ SMR technologies

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The US Department of Energy (DOE) has committed $900 million to advance the development and deployment of Generation III+ small modular reactor (SMR) technologies. This funding, part of the Consolidated Appropriations Act of 2024 and President Biden’s Bipartisan Infrastructure Law, is aimed at accelerating the domestic nuclear industry and supporting national climate goals. The funding is divided into two categories. Tier 1, managed by the Office of Clean Energy Demonstrations (OCED), allocates up to $800…