Space Industry and Business News
CIVIL NUCLEAR
Small Nuclear Plant to build and distribute modular reactors globally
illustration only
Small Nuclear Plant to build and distribute modular reactors globally
by Clarence Oxford
Los Angeles CA (SPX) Nov 30, 2024

Small Nuclear Plant (SNP) has announced its plans to mass-produce Small Modular Reactors (SMRs) for global distribution, aiming to transform energy markets with innovative and efficient solutions.

The company intends to manufacture these reactors in factories outside the United States, enabling streamlined distribution via ships, trains, and trucks. Once delivered, the reactors will be installed in clusters to create power plants that sell electricity to governments, municipalities, and industries with high energy costs.

Each plant will host between 8 and 20 reactors, designed with built-in redundancy to ensure continuous power generation even during scheduled maintenance. This approach guarantees uninterrupted service and enhances reliability.

SNP is positioning itself as a significant player in the clean energy sector, recognizing the increasing demand for sustainable and cost-effective electricity. The company is actively pursuing Power Purchase Agreements (PPAs) worldwide. By focusing on regions offering tax credits and financial incentives, SNP anticipates accelerating the deployment of energy plants over the next several years.

The company's strategic growth has attracted top energy executives, financiers, and industry leaders, bolstering its operational and developmental capabilities. SNP's reactors leverage decades of proven technology, as small-scale reactors have powered nuclear submarines and aircraft carriers successfully for more than 70 years.

By partnering with leading EPC (Engineering, Procurement, and Construction) firms, SNP plans to minimize manufacturing costs while maintaining high-quality production standards.

This marks the company's first public announcement following a quiet development period. SNP plans to release additional updates on its rapid growth, personnel appointments, strategic agreements, and technological advancements in the near future.

Related Links
Small Nuclear Plant
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CIVIL NUCLEAR
Serbia lifts moratorium on nuclear power
Belgrade (AFP) Nov 28, 2024
Serbia has removed its decades-old moratorium on nuclear power, according to new legislation passed this week, as the country aims to decarbonise its energy sector in the next 25 years. The moratorium was struck down amid a raft of bills passed by the parliament on Wednesday. "After 35 years, the moratorium on the construction of nuclear power plants was lifted," Serbia's energy minister Dubravka Djedovic Handanovic wrote on social media. "History was written today," she added. The b ... read more

CIVIL NUCLEAR
3D-printing advance mitigates three defects simultaneously for failure-free metal parts

Shape memory alloy antenna redefines communication technology

Impossible objects brings high-speed CBAM 25 series 3D printer to Europe

Tunable ultrasound propagation in microscale metamaterials

CIVIL NUCLEAR
Fleet Space Centauri 6 advances resilient SATCOM for defence

SpaceX launches secret 'Optus-X' payload atop Falcon 9 rocket

Fort Detrick Maryland chosen as permanent site for Wideband Military SATCOM training

Momentus secures contract for HALO Prototype from SDA

CIVIL NUCLEAR
CIVIL NUCLEAR
Space Systems Command and U.S. Navy achieve major MGUE program milestone

N. Korea jams GPS signals, affecting ships, aircraft in South

Successful demo showcases BAE Systems' next-gen M-Code GNSS technology

BeiDou remote sensing experiment enhances ecological monitoring in Yellow River

CIVIL NUCLEAR
Hong Kong airport third runway takes off

Germany fears outside hand in deadly Lithuania jet crash

Musk calls for US to replace fighter jets with drones

Near Space Labs launches nationwide 7cm resolution stratospheric imaging network

CIVIL NUCLEAR
Cooling with light explored through semiconductor quantum dots

Photon qubits advance quantum computing without error correction techniques

A pathway to advanced quantum devices with zinc oxide quantum dots

Rocket Lab secures $23.9M CHIPS Award to boost semiconductor production

CIVIL NUCLEAR
China unveils cloud platform to expand remote-sensing data access

NASA data reveals role of green spaces in cooling cities

China launches new mapping satellites to enhance radar imaging network

Ascending Node and Pinkmatter join forces to enhance earth observation imaging

CIVIL NUCLEAR
At plastic treaty talks, no united front for industry

Air pollution from fires linked to 1.5 million deaths a year

Environmentalists slam lobbyist influence on plastic talks

Greece pushes green transition on its fragile islands

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.