Followers | 2 |
Posts | 178 |
Boards Moderated | 0 |
Alias Born | 02/20/2014 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, August 12, 2015 2:08:10 PM
August 10, 2015 | By Jaclyn Brandt
The Nuclear Regulatory Commission (NRC) is focusing on small modular reactors (SMR), after one utility decided to try out a new technology in their service area.
The NRC voted 4-0 this week to direct their staff to develop emergency preparedness (EP) regulations for SMRs -- as well as other reactor technology, like such as non-light-water reactors (non-LWRs) and medical isotope production facilities.
Because of advancements in reactor designs, NRC felt it was "reasonable" to consider a new EP framework, according to the Nuclear Energy Institute (NEI).
"We are pleased with the commission's approval to take the next steps to establish a regulatory framework for emergency preparedness that reflects the design and safety advantages of SMRs and other new technologies," NEI Senior Director for New Plant Licensing Russ Bell said in a statement.
NRC has given their staff a nine-month target to complete the plan.
"NRC's action on this issue is timely, given the progress small reactor vendors and prospective customers are making to submit licensing documents to the NRC," NEI explained.
In September, the Tennessee Valley Authority (TVA) announced the plans to NRC to change their and build a brand new type of reactor. In the proposal, TVA said they plan to implement two or more small reactors at their Clinch River site. The utility's site permit application will SMR-appropriate emergency plans, as well as a request for exemptions from certain EP requirements that are necessary pending revisions to the regulations, according to NEI.
The Early Site Permit (ESP) application that TVA is preparing uses a "plant parameter envelope," which can encompass "any of the leading U.S. light water reactor SMR technologies," NEI said. TVA received funds from the Department of Energy (DOE) in 2012 for small reactor designs -- in a partnership with Babcock & Wilcox Co.
"Under the program, the TVA-B&W partnership would deploy up to four of Generation mPower LLC's 180-megawatt-electric advanced light water reactors at TVA's Clinch River site, with the aim of providing clean, reliable electricity to the Oak Ridge National Laboratory," NEI explained.
http://www.fierceenergy.com/story/nrc-bases-new-regulations-around-tva-technology/2015-08-10
Recent LTBR News
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 06/05/2024 08:30:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 01:39:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 01:39:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 01:38:06 PM
- Lightbridge CEO Seth Grae Attends White House Summit on Domestic Nuclear Deployment • GlobeNewswire Inc. • 05/30/2024 12:00:00 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/10/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 08:15:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:00:27 PM
- Lightbridge Provides Business Update and Announces First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/09/2024 08:05:00 PM
- Lightbridge to Hold Business Update & First Quarter 2024 Earnings Conference Call on Friday, May 10th at 11 a.m. ET • GlobeNewswire Inc. • 05/01/2024 12:00:00 PM
- Ambassador Thomas Graham, Jr. Appointed As Chairman Emeritus of Lightbridge Corporation • GlobeNewswire Inc. • 04/18/2024 12:00:00 PM
- Lightbridge Senior Executives Assume Key Positions in Prestigious Nuclear Energy Industry Groups • GlobeNewswire Inc. • 03/21/2024 12:00:00 PM
- Lightbridge Achieves Critical Fabrication Development Milestone by Demonstrating the Extrusion Process for Uranium-Zirconium Samples • GlobeNewswire Inc. • 03/18/2024 10:00:00 AM
- Lightbridge Announces Upcoming Nuclear Events • GlobeNewswire Inc. • 03/13/2024 12:00:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/04/2024 10:21:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:02:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:02:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:01:54 PM
- Lightbridge Provides Business Update and Announces Fiscal Year 2023 Financial Results • GlobeNewswire Inc. • 02/28/2024 09:05:00 PM
- Lightbridge CEO Seth Grae Issues Update Letter to Shareholders • GlobeNewswire Inc. • 02/27/2024 01:00:00 PM
- Lightbridge to Hold Business Update & Fiscal Year 2023 Earnings Conference Call on Thursday, February 29 at 10 a.m. ET • GlobeNewswire Inc. • 02/22/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:01:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:01:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:00:51 PM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM