Mark Shenk

3 weeks ago | reuters.com | Mark Shenk

Department of Energy fuel contracts will boost the development of five demonstration SMR projects but long-term purchases are required to build a U.S. fuel supply chain, industry experts told Reuters Events. June 4 - The U.S. Department of Energy's commitment to supply high-assay low-enriched uranium (HALEU) to Westinghouse, Kairos Power, TerraPower, Radiant Industries and TRISO-X brings demonstration small modular reactors (SMRs) closer to reality.

3 weeks ago | reutersevents.com | Mark Shenk

The U.S. Department of Energy's commitment to supply high-assay low-enriched uranium (HALEU) to Westinghouse, Kairos Power, TerraPower, Radiant Industries and TRISO-X brings demonstration small modular reactors (SMRs) closer to reality. The first four firms are developing SMRs and have also received support from the DOE’s Advanced Reactor Demonstration Program. TRISO-X, a subsidiary of SMR developer X-energy, is building a facility in Tennessee to produce HALEU-based TRISO fuel.

2 months ago | reutersevents.com | Mark Shenk

Governor Greg Abbott spelled out his nuclear ambitions for Texas in 2023, when he launched the Texas Advanced Nuclear Reactor Working Group to "position Texas as the national leader on advanced nuclear energy.” The group included advanced nuclear investors, manufacturing companies, state grid operator ERCOT, local policymakers and academia, among others.

Mar 26, 2025 | reutersevents.com | Mark Shenk

SMRs could help meet an expected surge in U.S. electricity demand coming from the expansion of power-hungry data centers but they are still in the development stage and unlikely to become commercially available until at least the end of the decade. As well as investing billions of dollars to develop this technology ahead of their rivals, SMR companies need to secure supplies of nuclear fuel.

Mar 21, 2025 | agricensus.com | Mark Shenk

Investors in the US corn and soybean markets amassed short positions while trimming longs in the week to Tuesday March 18, helping trim the corn net-long to its lowest level in more than three months; meanwhile the soybean net-short rose, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday March 21.