America's uranium enrichment company. A trusted supplier of nuclear fuel and services for the nuclear power industry.
Bethesda, MD
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Huge news from @ConstellationEG and @Google -- bringing new, reliable, emissions-free energy to the grid by upgrading existing infrastructure. Even though no new reactors need to be constructed, it will increase the demand for nuclear fuel. Centrus' multi-billion-dollar expansion in Ohio will bring new capacity online by 2029 to help meet America's rising fuel requirements.
More nuclear energy is coming to PJM. Our agreement with @Google will add 890 MW of reliable, emissions-free capacity – equivalent to a new reactor – backed by $4.3B+ in private investment. Deal will also sustain and create thousands of jobs. More info ↙️
bit.ly/3VSmzfA
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Very good news -- Korea's investment in the United States will help the whole industry achieve economies of scale, build robust supply chains, and drive demand for nuclear fuel.
Today’s nuclear agreement between the United States and South Korea marks a defining moment for American nuclear energy and the longstanding partnership between the two countries. Westinghouse is proud to bring our deep engineering expertise, proven innovation and global experience needed to deploy advanced reactor technology in the U.S. and around the world — strengthening energy security and advancing a more reliable energy future.
Learn more about this new agreement: commerce.gov/news/fact-sheet…
Photo by Anna Moneymaker/Getty Images
@CommerceGov @ENERGY @WhiteHouse @POTUS
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Today's @WSJ profiles Centrus & our role at a pivotal moment, noting our "early-mover advantage" as nuclear fuel demand grows.
What sets Centrus apart: "its technology is proven, and future revenues don’t depend on new technologies taking off." wsj.com/finance/investing/a-…
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Centrus Energy retweeted
This past week has enjoyed an absolute flood of nuclear headlines. Mostly good, but a couple sour apples that need to be closely watched.
I gathered them into a list for everybody ICYMI:
• IAEA sees as many as 1,000 SMRs by 2060.
• IAEA Red Book highlights significant uranium resources but poor mine development.
• The Army is going to help the Navy with putting a land-based reactor at a base in Indiana.
• Saudi Arabia claims over 100 million tons of uranium under their feet.
• Nusano provided some details for its NELP project with HALEU.
• Deep Fission saw their NSDA approved by the DOE.
• Antares won a $161 million contract with DOD for space applications.
• Westinghouse's eVinci microreactor completed additional criticality testing.
• NRC chairman says their licensing overhaul is going to run well into next year.
• Cameco says they'll offtake everything GLE has to offer from Paducah.
• Blue Energy filed the first part of a construction permit for their Texas gas-to-nuclear project.
• Holtec put their IPO plans on hold, citing poor market conditions.
• Antares signed an agreement with Centrus Energy for HALEU.
• Deep Fission enjoyed success with a canister demo.
• West Virginia joined the NLIC list of hopefuls.
• Bechtel and TerraPower partnership shows signs of trouble.
• X-energy entered their Xe-100 SMR into the UK GDA.
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NEWS: Centrus & @AntaresNuclear have announced a definitive #HALEU supply contract. Centrus will provide HALEU to Antares from the American Centrifuge Plant in Ohio, with deliveries starting before the end of the decade. (1/4)
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Antares was recently picked by the @USArmy's #Janus program to deploy its microreactor technology at Fort Bragg. It was also selected for the @usairforce's Advanced Nuclear Power for Installations program at Joint Base San Antonio & a @USSpaceForce Strategic Breakthrough award to demonstrate a space reactor. (3/4)
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Get the full scoop (4/4): centrusenergy.com/news/centr…
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NEWS: Centrus and @RadiantNuclear just signed a definitive HALEU supply contract to power Radiant's #Kaleidos reactors. (1/5)
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Importantly, because our technology is U.S.-origin with a U.S. manufacturing supply chain, the enrichment that Centrus provides to Radiant will be “unobligated” – meaning that it can be used for national security applications. That positions both companies for success. (4/5)
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Get the full scoop (5/5): centrusenergy.com/news/centr…
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Congratulations to @DOE_EDF and @nexteraenergy. Iowa’s Duane Arnold plant will have a second life.
Big news for nuclear energy in Iowa! energy.gov/node/4860122/
EDF is financing the restart of the 615 MW Duane Arnold Energy Center, which will deliver reliable baseload power to the grid, boost grid resilience, and create thousands of construction & hundreds of operations jobs.
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Centrus Energy retweeted
The @LtGovJimTressel and I had a busy week traveling around the state to kick off the Heart of Opportunity Tour and showcase why Ohio was named CNBC's No. 1 State for Business. bit.ly/4zuMedF
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Govt of Korea just released a dramatic revision of its electricity demand projections — an increase of 26 gigawatts by 2040, “equivalent to about 19 large APR1400 nuclear reactors,” reports the Korea JoongAng Daily. (1/2)
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This demand surge is driven by semiconductors, AI and other advanced technology industries. Korea is already one of the largest #nuclear fuel markets in the world and could be about to get a lot bigger. (2/2)
koreajoongangdaily.com/busin…
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Space reactors and nuclear thermal propulsion - powered by HALEU - could be game changers in powering the future of exploration.
Space nuclear power and propulsion systems are critical to America’s future in space.
The new National Security Science and Technology Strategy recognizes them as a critical and emerging technology. NASA is moving with urgency to advance these capabilities and maintain American leadership in space.
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ICYMI: this week, Centrus inked a definitive contract with @xenergynuclear to supply #LEU and #HALEU to fuel XE’s XE-100 reactors and Triso-X. This is what restoring America’s nuclear fuel supply chain looks like.
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