News & Analysis as of

Nuclear Power Critical Infrastructure Sectors Energy Projects

Latham & Watkins LLP

Infrastructure Insights - January 2025: An update on legal and regulatory developments impacting European infrastructure players.

Latham & Watkins LLP on

As the renewable energy sector expands, significant storage capacities are necessary to ensure that the demand for electricity is met even during dark and windless periods. Large battery systems are a particularly interesting...more

Vinson & Elkins LLP

The UK’s Reinvigoration of Nuclear Energy

Vinson & Elkins LLP on

The volatility of energy prices following recent geopolitical challenges has brought a renewed focus on domestic energy security. Because of the risks associated with weather-dependent energy solutions, a revival of nuclear...more

Bennett Jones LLP

Canada Infrastructure Bank Commits $970 Million to Canada's First SMR

Bennett Jones LLP on

On October 25, 2022, the Canada Infrastructure Bank (CIB) announced it is investing $970 million towards Canada’s first small modular reactor (SMR). The agreement with Ontario Power Generation (OPG) supports the development...more

Morgan Lewis - Up & Atom

NRC Seeks to Clear Up Confusion over Fusion Energy Regulatory Framework

The NRC held a public meeting on January 26 to discuss potential options for licensing fusion energy systems. This meeting is part of the NRC’s work to develop regulations to license and regulate advanced nuclear reactors as...more

Hogan Lovells

Nuclear Propulsion for Space and Sea

Hogan Lovells on

While we often speak of nuclear power in terms of electricity production for our homes and businesses, it also has a number of other uses, including nuclear power and propulsion for space and maritime use, and there are a...more

Hogan Lovells

DOE Awards $160M for Advanced Nuclear

Hogan Lovells on

On October 13, 2020, the U.S. Department of Energy (DOE) awarded X-energy and TerraPower $80M each for their respective initiatives to build advanced nuclear reactors. The proposals were evaluated under the Advanced...more

Morgan Lewis - Up & Atom

DOE Announces ARDP Funding Recipients

Morgan Lewis - Up & Atom on

The suspense is over. The US Department of Energy (DOE) announced Tuesday that it had awarded $80 million each to TerraPower and X-energy under the Advanced Reactor Demonstration Program (ARDP) for them to build two advanced...more

Morgan Lewis - Up & Atom

NRC Commissioners Accelerate Schedule for New Part 53 for Advanced Reactors

The commissioners of the Nuclear Regulatory Commission (NRC) approved almost all of the staff’s proposed approach for adding a new part to its regulations, 10 CFR Part 53, to govern licensing of advanced nuclear reactors. ...more

Hogan Lovells

DOE Re-Opens Arctic Energy Office with Emphasis on Advanced Nuclear

Hogan Lovells on

On September 17, the Department of Energy (DOE) announced the re-opening of its Arctic Energy Office (AEO), which was originally established in 2001, but failed to take off due to insufficient funding.  ...more

Hogan Lovells

New Study Helps Explain LWR Focus of US Regulatory Framework

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Advanced nuclear reactors promising smaller, simpler, and safer nuclear energy are moving closer and closer to commercial reality.  As we recently blogged, Oklo Inc., a California-based company, recently submitted the...more

Hogan Lovells

US Government Proposes to Lift Ban on Financing Nuclear Energy Projects Overseas

Hogan Lovells on

The United States has been struggling to compete with its peers in securing nuclear power plant construction projects around the world.  One of the factors impacting U.S. competitiveness is that many foreign countries such as...more

Morgan Lewis - Up & Atom

Update: DOE Changes Key Dates for Advanced Reactor Demonstration Funding Opportunity

The US Department of Energy (DOE) has announced new key dates for companies considering applying for funding for its Advanced Reactor Demonstration (ARD) program. Morgan Lewis previously reported on the ARD Funding...more

Hogan Lovells

Energy Impact Center Launches OPEN100

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The Energy Impact Center (EIC), which brought us the well-known Titans of Nuclear podcast series, has recently launched “OPEN100,” which provides important open-source information intended to streamline the power plant design...more

Hogan Lovells

NIA “In Search of a SpaceX for Nuclear” Talk on the Hill

Hogan Lovells on

On Wednesday Nuclear Innovation Alliance (NIA) hosted a meeting on the Hill about how to enhance the development of nuclear energy by finding its “SpaceX” moment.  The meeting relates to NIA’s new publication, In Seach of a...more

BCLP

Fronting-up to the Cost of Nuclear?

BCLP on

The Government has issued a consultation paper to assess whether the Regulated Asset Base (“RAB”) model for funding nuclear projects would incentivise investment by the private sector into new nuclear projects. New nuclear...more

Hogan Lovells

Energy Snippets

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Investec’s ZAR 1bn fund to buy up stakes in South African green power projects - The investment vehicle, set up with UK Climate Investments, wants equity in operating renewable energy projects....more

Hogan Lovells

“Nuclear Energy Leadership Act” (S 3422): Important Legislation Introduced Aimed at Restoring U.S. Leadership in Nuclear Energy

Hogan Lovells on

A bipartisan group of nine U.S. senators has introduced the Nuclear Energy Leadership Act (NELA) (S 3422), a bill designed to help the United States return to its lead in nuclear energy technology. ...more

Latham & Watkins LLP

Proposed Market Framework for Financing Small Nuclear Projects in the UK

Latham & Watkins LLP on

The Expert Finance Working Group on Small Nuclear Reactors (EFWG), an independent group convened in January 2018 by the Department for Business, Energy & Industrial Strategy, recently published its report with recommendations...more

Hogan Lovells

DOE Moves Forward on Advanced Reactor Funding & Collaboration

Hogan Lovells on

The U.S. Department of Energy (DOE) this week announced the award of approximately $60 million to 13 advanced reactor projects—the first under the funding opportunity announcement (FOA) “U.S. Industry Opportunities for...more

Hogan Lovells

Advanced Reactors Front and Center at House Committee Hearing on Nuclear Energy

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The House Committee on Energy and Commerce, Subcommittee on Energy held a hearing February 6, 2018 to discuss the challenges facing America’s nuclear infrastructure, including advanced reactor development. ...more

Hogan Lovells

Projects and Energy Weekly Snippets

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Weekly projects and energy updates in South Africa - Five municipalities in Eskom cut-off reprieve - The municipalities have set up payment plans after the national power utility caused an uproar by threatening...more

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