TerraPower announced plans to team up with Centrus Energy to establish commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (Haleu), which will be needed to fuel many next-generation reactor designs including the recently announced Natrium power storage system designed by TerraPower and GE Hitachi Nuclear Energy.
The proposed investment is part of the TerraPower-led proposal for the US Department of Energy’s advanced reactor demonstration programme, which is intended to support the deployment of two first-of-a-kind advanced reactor designs in the next five to seven years.
The programme requires applicants to “establish a plan by which they would obtain the fuel/special nuclear material needed for their projects”.
…