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Friday, 9 October 2026

78 briefs so farlast update 16:12 UTC

Key points

  • Crude Jumps 5% on Hormuz Tanker Attacks and US Gulf Hurricane Shut-Ins.
  • Supertanker Hire Costs Hit Record USD 77 Million on Hormuz Disruption.
  • NRC Issues First Construction Permit for BWRX-300 Reactor Near Oak Ridge.
  • Modat Finds 8,547 Exposed Systems in European Solar and Wind Parks.

Generation

Avalanche Energy Picks Washington's Tri-Cities for First Fusion Machine Factory

Avalanche Energy Designs and the Tri-City Development Council (TRIDEC) announced a strategic engagement to advance plans for Avalanche's first global advanced manufacturing facility in the Tri-Cities region of Washington, according to GlobeNewswire.

Avalanche selected the Tri-Cities to advance development of the facility, which is intended to produce its modular fusion energy machines, after a nationwide site evaluation that considered multiple industrial and technology hubs across the United States.

The two parties signed a strategic engagement letter covering site selection, permitting, infrastructure readiness, regional supply-chain development and specialized workforce development, GlobeNewswire reported.

Avalanche envisions the planned facility as a vertically integrated manufacturing hub supporting the move of its fusion technology from prototype development to commercial production.

Source: globenewswire.com (opens in a new tab)1 sourcePermalink

Generation

Westinghouse and Korea Set Per-Reactor Fees in Nuclear Export Settlement

Westinghouse, Korea Electric Power Corporation and Korea Hydro and Nuclear Power (KHNP) announced a global settlement in January 2025 that ended years of litigation over reactor technology, according to Neutron Bytes.

Under terms first carried by Korean outlets, KHNP agreed to pay Westinghouse about USD 650 million in goods and services for every reactor it exports, plus USD 175 million per reactor in technology licensing fees, according to Neutron Bytes.

The arrangement is reported to run for 50 years, according to Neutron Bytes.

Source: neutronbytes.com (opens in a new tab)1 sourcePermalink

Generation

U.S. Army's Janus Program Picks Five Nuclear Vendors, Five Sites for Microreactors

The U.S. Army announced in August 2026 that its Janus Program had selected five nuclear energy vendors and five initial locations for microreactor deployment, according to Neutron Bytes.

The Army is awarding up to a combined USD 2.2 billion to own, construct and operate nuclear microreactors on military installations, Neutron Bytes reported.

According to Neutron Bytes, the Army wants at least one microreactor deployed at one of the five selected sites by the end of 2028.

The Army press statement also referred to private-sector funding that would pay for up to 20 microreactors at U.S. Defense Department bases, including U.S. Air Force and U.S. Navy bases, per Neutron Bytes.

Source: neutronbytes.com (opens in a new tab)1 sourcePermalink

Generation

New Mexico Attorney General Moves to Block Crownpoint Uranium Relicensing

New Mexico Attorney General Raúl Torrez has filed to join the federal relicensing proceeding for the Crownpoint Uranium Project, sited near Crownpoint and Church Rock, BizPac Review reported.

The intervention puts three conditions in front of developer NuFuels before the site can start production: protection of groundwater, financial coverage for cleanup, and compliance with state and tribal rules, according to BizPac Review.

In its filing, the state wants NuFuels to prove that groundwater can be brought back to usable condition once mining ends, to show it holds enough money to pay for cleanup later, and to meet state water-quality standards.

The Navajo Nation has also come out against the project, according to the Navajo Times.

Source: bizpacreview.com (opens in a new tab)2 sourcesPermalink

Generation

NRC Issues First Construction Permit for BWRX-300 Reactor Near Oak Ridge

The U.S. Nuclear Regulatory Commission has issued a construction permit authorizing the Tennessee Valley Authority to build a 300 MW small modular reactor near Oak Ridge, Tennessee, according to Liberty Unyielding.

The permit covers a commercial small modular nuclear reactor, Liberty Unyielding reported.

According to eepower, GE Vernova Hitachi Nuclear Energy and the Tennessee Valley Authority secured the first U.S. Nuclear Regulatory Commission construction permit for a BWRX-300 small modular reactor.

Source: libertyunyielding.com (opens in a new tab)2 sourcesPermalink

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