Latest news with #SMR
Cision Canada
20 hours ago
- Business
- Cision Canada
OPG and OSGE strengthen collaboration on small modular reactors in Poland
New agreement could pave way for OPG to partner in operating the Polish reactors WARSAW, Poland, July 21, 2025 /CNW/ - Ontario Power Generation (OPG) and Orlen Synthos Green Energy (OSGE) have signed a letter of intent (LOI) that paves the way for the Canadian company to provide pre-deployment, operations, maintenance, and other services to OSGE as Poland deploys small modular nuclear reactors (SMRs). The LOI builds on an earlier agreement announced by the companies in June 2023. Poland plans to build as many as 24 GE Hitachi Vernova Nuclear (GVH) BWRX-300 reactors – the same technology as OPG is building at its Darlington New Nuclear Project (DNNP) site east of Toronto – at six locations across the country. OPG and OSGE signed the LOI today in Warsaw, Poland. This is the first major milestone in the development and operation of BWRX-300 SMRs in Poland. This LOI represents a long-term relationship between Ontario and Poland to deploy SMRs together, which will ultimately benefit the Ontario supply chain and demonstrating the value of being a first mover in SMRs. In addition, OPG could provide pre-operations services including site-specific assessments, project management, licensing strategy, and advisory services as Poland builds out clean energy generation to meet demand and achieve energy independence. Key facts OPG has begun construction on the G7's first commercial grid-scale SMR at its DNNP site. Construction on the first of four planned BWRX-300 reactors will be complete by the end of this decade, with the unit connected to the grid by the end of 2030. Once complete, this SMR will produce enough electricity to power the equivalent of 300,000 homes. OPG and its project partners will complete the three subsequent units in the mid-2030s, pending regulatory and other approvals. Ontario is home to a robust nuclear supply chain. More than eighty Ontario companies have already signed agreements with OPG to deliver the SMR project, establishing themselves as leaders in the growing domestic and global markets for new nuclear technologies. In 2022, Synthos Green Energy and ORLEN established the joint venture OSGE to deploy a fleet of BWRX-300 SMRs in Poland. This agreement further cements a well-established relationship between OPG and OSGE. In addition to the Letters of Intent, in 2024, OPG subsidiary Laurentis Energy Partners signed a $40 million contract with the Polish company to complete a Preliminary Safety Analysis Report (PSAR) on SMRs. Orlen Synthos Green Energy and OPG are also part of a technical collaboration group – also including GE Vernova Hitachi and the Tennessee Valley Authority – which has invested in the development of the BWRX-300 standard design and detailed design for key components, including reactor pressure vessel and internals. Quotes "With many decades safely operating nuclear power generation, and our leadership on SMRs, jurisdictions are looking to OPG and Ontario as they advance new nuclear power, as a solution for their energy security needs," said Nicolle Butcher, OPG President and CEO. "We are honoured by the potential opportunity to help Poland build a nuclear fleet, while also growing our domestic nuclear supply chains and economies." "Benefiting from Canadians' expertise allows us to feel confident in building the first SMR reactor in Poland," said Rafał Kasprów, OSGE CEO. "We recognize OPG's experience in the nuclear industry as well as its determination and advancement in deploying the first BWRX-300. Today, we are embarking on new opportunities to bring clean, stable energy for our citizens and Polish industry." About OPG As Ontario's largest and one of North America's most diverse electricity generators, OPG invests in local economies and employs thousands of people across Ontario. OPG and its family of companies are advancing the development of new low-carbon technologies, refurbishment projects and electrification initiatives to power the growing demands of a clean economy. Learn more about how the company is delivering these initiatives while prioritizing people, partnerships and strong communities at
Barnama
a day ago
- Business
- Barnama
Rubber Market Closes Lower On Weaker Oil, Firm Ringgit
WORLD By Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, July 21 (Bernama) -- The Malaysian rubber market ended slightly lower on Monday, weighed down by weaker crude oil prices and a firmer ringgit against the US dollar, a dealer said. The dealer added that the decline also reflected lingering uncertainties over potential US trade tariffs and the ongoing crisis in the Middle East. 'However, losses were limited by optimism surrounding US-China trade talks and signs of increased economic stimulus from China,' she told Bernama. At the time of writing, Brent crude oil fell 0.38 per cent to US$68.96 per barrel. At 3 pm, the Malaysian Rubber Board (MRB) reported the price of Standard Malaysian Rubber 20 (SMR 20) eased by half-a-sen to 735.50 sen per kilogramme, while latex in bulk dropped 2.0 sen to 569.50 sen per kg. -- BERNAMA
The Hindu
4 days ago
- Health
- The Hindu
Dr. Brahmayya Sastry Memorial Oration organised in Vizag
The speakers at the Dr. P. Brahmayya Sastry Memorial Oration paid rich tributes to Dr. Podili Brahmayya Sastry, an eminent physiologist, an exemplary researcher, an illustrious teacher and a doyen of physiology in India. Dr. Sastry was an Emeritus Professor, ICMR Scientist and SMR Scientist and worked for 17 years in the Department of Physiology after his retirement as Principal of Andhra Medical College (AMC). A student of Prof Mc Intosh in Mc Gill University, Canada, Dr. Sastry had pursued his research under his tutelage. From Dr. T. Desi Raju, recipient of Santhi Swaroop Bhatnagar Award, to Dr. T. Ravi Raju, who heralded a new dawn in nephrology through his research on Chronic Kidney Diseases (CKD) of unknown origin in Srikakulam district, Dr. Sastry had mentored many luminaries in their respective fields. Dr. D. Nageshwar Reddy, who has received all the three Padma Awards for his contribution to the field of gastroenterology, and Dr. Prabhir Roy Chaudhury, a prominent Nephrologist, and president of American Society of Nephrology, gave the orations. Dr. Nageshwar Reddy who spoke on the qualities of a 'good doctor' called upon medical students to learn to empathise with the patient in addition to acquiring the required skills in their area of specialisation. He expressed regret that empathy has become a rare quality with monetary gains becoming the sole criteria. Dr. Prabhir Roy Chaudhury who spoke on 'chronic kidney diseases of unknown origin' said that no significant research could be done in the last three decades to save kidney patients from the prospect of undergoing frequent dialysis. The inequities in availability of treatment due to high cost was another area of concern. However, some research has been going on, of late, and he hoped that a breakthrough would be achieved soon. Earlier, Dr. T. Ravi Raju, Chairperson, AMC Centenary Alumni Building Committee dedicated the building to the alma mater. Dr KVSM Sandhya Devi, Principal, AMC, Dr. SKE Appa Rao, president, AMCOSA, Dr. Manikam Mutyala, president, AMC Association of North America (AMCANA) and Dr. I. Vani, Superintendent, King George Hospital (KGH), and Dr. PV Sudhakar, former Principal, AMC, were among those who participated.
Yahoo
4 days ago
- Business
- Yahoo
Rolls-Royce SMR and ČEZ agree on Temelín site development work
Rolls-Royce SMR has signed an early works agreement with Czech utility ČEZ to commence site-specific activities at the Temelín site in the South Bohemia region of the Czech Republic. The agreement follows ČEZ's selection of Rolls-Royce SMR as its preferred partner for delivering up to three gigawatts (3GW) of sustainable power in Czechia. This initiative aligns with recent commitments by UK and Czech leaders to enhance economic growth through clean energy technology. It underscores both nations' dedication to leveraging small modular reactor (SMR) export opportunities, fostering highly skilled employment, stimulating economic expansion, and ensuring secure, domestically produced clean energy. Rolls-Royce SMR CEO Chris Cholerton stated: "This agreement is an important step forward in our partnership with ČEZ, demonstrating our shared ambition to move at pace to deliver reliable, clean nuclear power in the Czech Republic. "We are proud to be working alongside ČEZ to deliver a programme that will bring significant industrial and economic benefits to both our nations, while helping to meet critical energy security and decarbonisation goals." A joint team has been assembled to undertake preliminary tasks at the site, which already houses the operational Temelín nuclear power station, operated by ČEZ. Further deployment prospects are being evaluated at Tušimice in the Ústí nad Labem region. The scope of early works involves acquiring regulatory approvals and licences, conducting environmental assessments and executing initial groundwork at Temelín. These efforts will facilitate detailed planning processes and foster engagement with regulatory bodies for timely project rollout. Each unit from Rolls-Royce's suite of SMRs can produce 470MW of eco-friendly electricity, sufficient to supply one million households. It is designed to have an operational lifespan of more than 60 years. ČEZ new energy division and member of the board and director Tomáš Pleskač stated: 'We will closely cooperate with Rolls-Royce SMR on preparing the construction of the first small modular reactor in the Czech Republic, which is expected to be built in the Temelín locality in the mid-2030s. 'Modular reactors represent a significant opportunity for the Czech economy and are an essential part of the ongoing energy transformation. The cooperation with Rolls-Royce SMR, which we established this year, offers a unique opportunity for growth and prosperity in the field of nuclear energy, also thanks to our participation in the technology development.' In June 2025, Great British Energy – Nuclear chose Rolls-Royce SMR as the preferred bidder for the development of SMRs in the UK, subject to final government approvals and contract negotiations. "Rolls-Royce SMR and ČEZ agree on Temelín site development work" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
6 days ago
- Business
- Miami Herald
Brenmiller Signs MoU with ENASCO to Pioneer Nuclear SMR-Integrated Thermal Energy Storage Solutions: Targeting $50 Million in Projects by 2030
Commercial roadmap includes: first joint bGen TES projected expected to launch in 2027, three projects worth $50 million by 2030, and develop a pipeline of 15-20 projects with a potential value of $650 million by 2035 Pilot integrations planned to power AI data centers SMR capacity could reach up to 120 GW by 2050, requiring more than $670 billion in global investment according to theInternational Energy Agency (IEA) ROSH HA'AYIN, IL / ACCESS Newswire / July 16, 2025 / Brenmiller Energy Ltd. (Nasdaq:BNRG), (the "Company", "Brenmiller" or "Brenmiller Energy") a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, announced today it has signed of a non-binding Memorandum of Understanding ("MoU") with ENASCO Ltd. ("ENASCO"), a specialist in nuclear Small Modular Reactor ("SMR") project development. The collaboration marks another step towards Brenmiller's expansion into the nuclear energy sector and aligns with the Company's recent announcement that it is developing a new version of its TES to be tailored for SMR and high-resilience industrial applications. Under the MoU, Brenmiller and ENASCO will collaborate to study, develop and commercialize integrated solutions combining Brenmiller's proprietary bGen™ TES system with advanced Liquid Metal Reactor ("LMR")-based SMRs. The initiative targets enhanced energy efficiency, operational safety, and system flexibility across electric, thermal, and hydrogen applications. "In cooperation together with ENASCO, we plan to leverage our complementary capabilities to explore creating a scalable, high-efficiency hybrid platform that answers the energy market's need for clean and dispatchable baseload power," said Doron Brenmiller, Chief Business Officer of Brenmiller Energy. "In the near term, we plan to target the AI data center market which, according to a McKinsey & Co. report, will account for almost 12% of total power demand in the U.S. by 2030." Commercial Roadmap and Market Potential According to the International Energy Agency (IEA), SMR capacity could reach up to 120 GW by 2050, requiring more than $670 billion in global investment. The MoU outlines a phased roadmap, including: 2026: Form strategic alliances with SMR vendors and pilot integration with AI data centers2027: Launch first joint hybrid SMR+TES project2030: Deploy three commercial-scale projects with a combined target value of $50 millionBy 2035: Build a pipeline of 15-20 hybrid projects across Europe and the Americas, with a potential value of up to $650 million Strategic Rationale: Enabling the Future of Nuclear-Thermal Hybrid Systems The bGen™ TES system is uniquely positioned to address core challenges in SMR deployment. When coupled with LMRs-known for their high operating temperatures (~500-550°C) and low-pressure designs-bGen™ offers: Enhanced Passive Safety: Acts as a passive heat sink during emergency shutdowns or grid outages, improving SMR safetyStreamlined Design: Eliminates the need for separate steam generators or redundant heat exchangers, reducing CapExGrid Flexibility: Supports load following, time-shifting, and ancillary market participationScalability: Supports a wide range of project sizes, from 10 MWh pilots to multi-GWh utility-scale systems About ENASCO Ltd. ENASCO Ltd. provides advanced engineering, feasibility analysis, and strategic consulting for SMR deployments across Europe. With an established track record in nuclear energy design, grant writing, consortium management, and policy advisory, ENASCO is a recognized contributor to the evolution of modular nuclear infrastructure. About bGen™ bGen™ ZERO is Brenmiller's TES system, which converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ ZERO charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water, or hot air on demand according to customer requirements. The bGen™ ZERO also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ ZERO was named among TIME's Best Inventions of 2023 in the Green Energy category and won Gold in the Energy Storage and Management category at the 2025 Edison Awards. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements when discussing: the terms of the MoU with ENASCO Ltd. and potential projects and pipeline as a result of the MoU; that the Company together with ENASCO plans to leverage complementary capabilities to explore creating a scalable, high-efficiency hybrid platform that answers the energy market's need for clean and dispatchable baseload power; that the Company plans to target the AI data center market which will account for almost 12% of total power demand in the U.S. by 2030; that SMR capacity could reach up to 120 GW by 2050 and require more than $670 billion in global investment; that the bGen TES system is uniquely positioned to address core challenges in SMR deployment; and the benefits of bGen when coupled with LMRs . The Company and ENASCO Ltd. may not ultimately reach agreement on definitive agreements and the transactions and projects contemplated by the MoU may not occur. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company's results include, but are not limited to: the Company's planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of our products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission ("SEC") on March 4, 2025, which is available on the SEC's website, The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact: investors@ SOURCE: Brenmiller Energy
