Lightbridge, BWTX agree to nuclear-fuel fabrication deal

Image
-
0Comments

Virginia-based Lightbridge Corp., a nuclear energy firm, and North Carolina-based BWTX Nuclear Energy Inc. have entered into an agreement to evaluate ways to fabricate and to prepare a fabrication plan
for Lightbridge-designed partial-length nuclear fuel
samples at BWXT facilities in the U.S., Lightbridge said this week.

The agreement might lead to further collaborations, which might involve fully developing Lightbridge’s metallic fuel assemblies. Lightbridge President and CEO Seth Grae said the U.S. Clean Power Plan and the Paris climate-change agreement both call for nuclear-power uprates and that the fuel design from the company can help companies and nations reach uprate goals. Grae also said the fuel design is expected to allow nuclear facilities to increase their respective economic viability.

Lightbridge’s fuel recently received approval from the Norwegian Radiation Protection Agency for use in the Halden Research Reactor to test fuel in commercial settings. Grae also said collaboration between Lightbridge and BWXT will benefit the development process.

“BWXT brings unique fuel manufacturing expertise and capabilities to help advance our nuclear fuel technology,” Grae said. “This agreement provides Lightbridge an additional option for manufacturing our fuel samples for irradiation testing in Norway, adding fuel-fabrication redundancy to ensure that we will meet all of our timelines. We look forward to expanding our collaboration with BWXT.”



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WindESCo Helps Longroad Energy Optimize Wind Asset Performance to Unlock $430,000 in Annual Revenue

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, and under the patronage of the Ministry of Energy in Saudi Arabia, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions.

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Power News Wire.