Industry
TerraPower wins U.S. approval for commercial SMR construction, first new reactor permit in 10 years
The U.S. Nuclear Regulatory Commission approved construction of a TerraPower small modular reactor, SK Innovation said on Wednesday. It was the first time in 10 years that the NRC has permitted construction of a new commercial nuclear power plant, and the first U.S. approval for an advanced reactor such as an SMR. TerraPower will begin building what it called the world’s first commercial SMR plant in Wyoming and aims to start operating a demonstration reactor in 2030.