Yankee Atomic Holding Company USA

05/18/2026

Eight companies will collectively receive more than $94 million in cost-share funding to expedite the near-term deployment of small light water modular reactors, the Department of Energy announced Thursday.

This Tier 2 disbursement under the Generation III+ SMR Pathway to Deployment Program is smaller than last year’s $800 million disbursement—which went to the Tennessee Valley Authority and Holtec to aid their deployment of, respectively, a GE Vernova Hitachi Nuclear Energy (GVH) BWRX-300 at Clinch River in Tennessee and two Holtec SMR-300s at the Palisades site in Michigan. The newly announced recipients come from different parts of the country and focus on key areas of SMR deployment, including equipment procurement.

The recipients: Two companies were chosen for site preparation and selection purposes:

A $17.3 million award to Constellation SMR Development LLC, to pursue a Nuclear Regulatory Commission early site permit (ESP) for a future SMR site in New York. (Recent actions in New York that could lead to new nuclear power plants include solicitations by the New York Power Authority for expressions of interest from potential host communities.)
A $27.9 million award to Nebraska Public Power District, to obtain an ESP from the NRC for a future SMR site in Nebraska. (Of note, NPPD hosted informational open houses across the state last year as it considered building a new nuclear power plant.)
The six other companies were selected for supply chain development endeavors:

A $21.4 million award to BWXT Nuclear Energy Inc., to acquire equipment for the final assembly of reactor pressure vessels and the manufacturing of large components for nuclear reactors at an existing facility in Mount Vernon, Ind. (Previously, BWXT Canada secured a contract to manufacture the reactor pressure vessel for the first of four planned BWRX-300 reactors at Ontario Power Generation’s Darlington site.)
A $547,900 award to Container Technologies Industries LLC, to expand nuclear quality assurance certifications at its Helenwood, Tenn., facility to produce steel for SMR deployments.
An $8.8 million award to Framatome U.S. Government Solutions LLC, to expand a Richland, Wash., fuel fabrication facility. Framatome wants to increase its number of ceramic pellet production lines; the expansion will add approximately 200 metric tons of uranium of annual capacity. (It is Framatome’s second major U.S. development in May, as the company announced the Richland facility had received NRC approval for a license amendment supporting fabrication of fuel with enrichment levels above 5 percent uranium-235, with manufacturing scheduled to begin in 2027.)
A $3 million award to Global Nuclear Fuel Americas (an affiliate of GVH), to establish a second production line for fuel rod fabrication for boiling water reactors, acquire capital equipment to automate the pellet inspection process, and implement automated pellet storage and handling capabilities at its Wilmington, N.C., facility.
A $2.9 million award to North American Forgemasters Company, to procure a new furnace for its New Castle, Pa., facility to domestically produce large-component forgings for Gen III+ SMRs.
A $12.3 million award to Scot Forge Company, to procure and install a large vertical turning lathe and gantry-style milling machine at its Spring Grove, Ill., facility to domestically produce and manufacture large components.
Plans span administrations: DOE Secretary Chris Wright said in Thursday’s announcement, “Advanced light water SMRs will give our nation the reliable, round-the-clock power we need to fuel the president’s manufacturing boom, support data centers and AI growth, and reinforce a stronger, more secure electric grid. These awards ensure we can deploy these reactors as soon as possible.”

The approximately $900 million in funding through the Generation III+ SMR Pathway to Deployment Program was originally offered in 2024 under the Biden administration, but the DOE modified the solicitation in 2025 to align with the energy policies and goals of the Trump administration.

Tier 2, or Fast Follower Deployment Support, was described in 2024 as providing approximately $100 million to address “key gaps that have hindered the domestic nuclear industry in areas such as design, licensing, supplier development, and site preparation.”

Another round of Tier 2 awards may be issued if additional funds become available, according to the DOE’s May 14 news release.

04/22/2026

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04/21/2026

Palisades is making history as the first-ever nuclear plant attempting to restart from decommissioning. Our Region III Acting Administrator recently visited the site to see the progress firsthand. He spent time on the ground with our resident inspectors and met with plant operators and managers. This type of open communication between the NRC and the plant team has been critical in helping the licensee move effectively towards safe plant restart.

04/20/2026

for the road. The LaSalle nuclear power plant in Marseilles, Illinois is home to two boiling water reactors that generate enough reliable power for more than 1.7 million homes.
The station’s man-made cooling lake is also a popular fishery managed by Illinois’ Department of Natural Resources.
Unit 2 first connected to the grid on this day back in 1984.

04/04/2026

https://www.world-nuclear-news.org/articles/constellation-seeks-regulators-help-for-2027-plant-restart?fbclid=IwY2xjawQ-HDdleHRuA2FlbQIxMABicmlkETFTNW9FMzZSOExwQUhScnpYc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHgF3fPGqmJFq99Mt7zNoG6lZ0BoyENIMnJ5XUxCjchh2OpSBJHS8uA9_RcFM_aem_zpi5urmFRJ5svwI-1CLC8w

Constellation Energy still expects to restart the Crane Clean Energy Center - formerly known as Three Mile Island unit 1 - in 2027 despite possible grid connection delays. ;

03/17/2026

A planned $1 billion investment in a new coal power project in Alaska marks the first major investment in U.S. coal generation in more than a decade. The project reflects growing attention to reliable power as electricity demand continues to rise.

03/03/2026

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03/03/2026

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The U.S. Department of Energy is investing $175 million to modernize six coal-fired power plants across five states — upgrading the infrastructure that already keeps the lights on in rural and remote communities across Appalachia and the Midwest. ⚡

The projects span West Virginia, Ohio, North Carolina, and Kentucky, targeting efficiency improvements, equipment upgrades, and extended plant lifetimes at facilities already built and connected to the grid. It's part of a broader $525 million federal effort to reinvigorate America's coal fleet.

The logic is straightforward: modernizing existing plants is one of the fastest and most cost-effective ways to deliver reliable power while preserving high-wage energy jobs in the communities that have powered this country for generations.

https://www.energy.gov/articles/energy-department-announces-175-million-modernize-coal-plants-keeping-affordable-reliable

02/26/2026

Deployment of BWRX-300 small modular reactor in Poland takes major step forward with design development
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WASHINGTON D.C. (February 24, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) and Orlen Synthos Green Energy (OSGE) have signed an agreement to advance the Polish generic design of the BWRX-300 small modular reactor (SMR). The Poland Generic Design Agreement (PGDA) was signed during a ceremony today in Washington D.C. Participants included U.S. Deputy Secretary of Energy James Danly, Poland’s Minister of Energy Miłosz Motyka, Government Plenipotentiary for Strategic Energy Infrastructure and Deputy of Minister of Energy Wojciech Wrochna, as well as representatives from GVH, OSGE and SGE.

Following the contract signature, OSGE will invest in the development of a detailed BWRX-300 design that will serve as a reference design for SMR projects in Poland.

“This agreement sends a strong signal that the U.S. commitment to Poland’s energy security remains steadfast,” U.S. Deputy Secretary James Danly said. “The Intergovernmental Agreement with Poland anchors our civil nuclear cooperation and provides a valuable framework to foster public-private partnerships strengthened today.”

“Poland has the potential to become a European leader in Small Modular Reactor (SMR) technology,” Polish Minister of Energy Miłosz Motyka said. “A further decisive step toward that objective has just been taken. To ensure a stable, zero-emission power system and predictable market conditions for industry, we are advancing in parallel both large-scale nuclear power plants and small modular reactor technology. SMRs provide critical baseload support for energy-intensive industries, contribute to price stability for end-users, and represent a powerful growth stimulus for the Polish nuclear supply chain. In the context of steadily increasing electricity demand, the deployment of both technologies is essential.”

“This is a decision of strategic importance for Poland’s energy transition,” Polish Secretary of State at the Ministry of Energy Wojciech Wrochna said. “The generic design constitutes the cornerstone for building a standardized reactor fleet under a repeatable deployment model. Standardization translates into lower unit capital expenditures and enhanced cost competitiveness. It also creates a significant opportunity to strengthen domestic industrial capabilities and to secure meaningful participation of Polish companies in the ex*****on of advanced nuclear technology projects.”

“This investment by OSGE is a game-changer for the future of nuclear energy in Poland,” said Jason Cooper, CEO, GVH. “Advancing the generic design of the BWRX-300 to accelerate its deployment in Poland is another example of what can be achieved with shared vision and investment.”

“The agreement concluded today provides for the design of a nuclear power plant in accordance with Polish regulations,” said Rafał Kasprów, CEO of OSGE. “It will be applicable to the deployment of a fleet of BWRX-300 reactors across multiple locations in Poland. This project approach, which forms a core element of OSGE’s strategy, will enable significant cost reductions through design standardization and the development of a robust supply chain. As a result, it will lower the cost of electricity for the Polish power system and, ultimately, for end consumers.”

Momentum around the BWRX-300 continues to build globally. The first BWRX-300 is under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade, which will make it the first small modular reactor in the Western world. Key components like the reactor pressure vessel are being manufactured, and site construction is progressing according to plan. The U.S. Nuclear Regulatory Commission has accepted and is reviewing Tennessee Valley Authority’s (TVA) application to construct the first BWRX-300 in the U.S. at the utility’s Clinch River site in Oak Ridge, Tennessee. These developments, and others, support GVH’s progress and leadership in scaling and deploying SMRs commercially to customers around the globe.

# # #

About GE Vernova Hitachi Nuclear Energy
GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.

About Orlen Synthos Green Energy
ORLEN Synthos Green Energy (OSGE) was established by ORLEN S.A. and SGE. The company plays a leading role in the deployment of modular nuclear reactors in Poland, aiming to contribute to the effective decarbonisation of the power generation, heating and industrial sectors. OSGE’s mission is to build a fleet of BWRX-300 reactors designed by GE Vernova Hitachi Nuclear Energy, which will become an important part of the country’s energy mix, providing households and industry with stable zero-carbon electricity. OSGE’s project in Poland is part of a broader European fleet deployment led by SGE. For more information, visit X (Twitter) platform and LinkedIn.

About SGE
SGE is a European SMR development platform founded in 2018 and based in Warsaw Poland. The company is a co-investor in the standard design for the world’s most commercially advanced SMR technology: the BWRX-300, designed by GE Vernova Hitachi Nuclear Energy. The combination of this proven technology with a disruptive business model has allowed SGE to become Europe’s leading developer of SMR projects. Currently, SGE is establishing partnerships and projects in more than a half-dozen European countries. Their flagship project is in Poland, where, in cooperation with global energy leader ORLEN, they have begun development at three separate sites and are on schedule to complete the first unit by 2032.

02/26/2026

Southern Company receives historic Department of Energy $26.5 billion loan guarantees to increase grid reliability
Southern Company (PRNewsFoto/Southern Company) (PRNewsfoto/Southern Company)
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Feb 25, 2026, 09:26 ET

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Investments to create an estimated $7 billion in benefits for Southern Company customers, helping lower energy costs and strengthen the grid, while advancing the president's energy dominance and affordability agenda

ATLANTA, Feb. 25, 2026 /PRNewswire/ -- Customers across Alabama and Georgia are set to benefit from a historic U.S. government investment into energy infrastructure and grid reliability. Southern Company's subsidiaries, Georgia Power and Alabama Power, have received a loan package of up to $26.54 billion from the Department of Energy's Office of Energy Dominance Financing (EDF). Over the approximately 30-year term of the loans, customers are expected to recognize estimated savings of $7 billion.

Southern Company Chairman, President & CEO Chris Womack, Department of Energy Secretary Chris Wright
Southern Company Chairman, President & CEO Chris Womack, Department of Energy Secretary Chris Wright
Southern Company subsidiaries are investing in transmission system improvements and grid enhancements across Georgia and Alabama to deliver reliable energy for millions of electric customers. 1,300+ miles of new transmission lines are planned across Georgia and Alabama in the coming years.
Southern Company subsidiaries are investing in transmission system improvements and grid enhancements across Georgia and Alabama to deliver reliable energy for millions of electric customers. 1,300+ miles of new transmission lines are planned across Georgia and Alabama in the coming years.
Thousands of megawatts of new battery energy storage systems (BESS) are being constructed across Georgia and Alabama. Because battery storage can provide stored energy to the grid for hours on demand, BESS resources enhance the overall reliability of the electric system.
Thousands of megawatts of new battery energy storage systems (BESS) are being constructed across Georgia and Alabama. Because battery storage can provide stored energy to the grid for hours on demand, BESS resources enhance the overall reliability of the electric system.
Southern Company Chairman, President & CEO Chris Womack, Department of Energy Secretary Chris Wright
Southern Company Chairman, President & CEO Chris Womack, Department of Energy Secretary Chris Wright
Southern Company's vertically integrated, state regulated‑model provides an orderly and transparent framework for working with regulators to deploy essential energy infrastructure investments – like those supported by the EDF loans for the benefit of customers. Under these new EDF loans, Southern Company subsidiaries will be among the first to take advantage of the funding provided by President Trump's Energy Dominance Financing Program created by the Working Families Tax Cut and will finance a portfolio of projects across its Southeastern service territory.

"These investments will support the extraordinary and transformative projected growth we're seeing across our company. These loans will help lower the cost of investments in our grid that will enhance reliability and resilience for the benefit of our customers," said Chris Womack, chairman, president and CEO of Southern Company. "At Southern Company, we are focused on serving growth while maintaining rate stability and driving long-term savings for customers. We believe the actions we're taking today will leave an enduring, positive impact on generations to come. We thank President Donald J. Trump and U.S. Department of Energy Secretary Chris Wright for their leadership and support of American energy infrastructure and the millions of customers we are privileged to serve."

These essential energy infrastructure investments include power from natural gas, nuclear uprates and license extensions, hydropower and battery energy storage, as well as transmission system improvements and grid enhancements to help provide safe, reliable and affordable energy to Alabama Power and Georgia Power's combined 4.3 million customers.

Financial draws from the EDF loans announced today are subject to satisfaction of conditions and may be made through September 15, 2033.

About Southern Company
Southern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy solutions provider with national capabilities, a fiber optics network and telecommunications services. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success, driven by nearly 30,000 employees dedicated to delivering exceptional service. To learn more, visit www.southerncompany.com.

Certain information contained in this release is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning projected future growth and estimated customer benefits, which will depend on the ultimate amount of borrowings, the timing of borrowings, and the interest rate savings at the time of each borrowing. Southern Company cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Southern Company; accordingly, there can be no assurance that such suggested results will be realized. The following factors, in addition to those discussed in Southern Company's Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent securities filings, could cause actual results to differ materially from management expectations as suggested by such forward-looking information: the impact of recent and future federal and state legal and regulatory changes, as well as changes in application of existing laws, regulations and guidance; the extent and timing of costs and legal requirements related to coal combustion residuals; current and future litigation or regulatory investigations, proceedings, or inquiries; the effects, extent, and timing of the entry of additional competition in the markets in which Southern Company's subsidiaries operate; variations in demand for electricity, including uncertainties related to projected significant growth in electricity demand driven primarily by data centers and other large load customers, and the related requirement for substantial new generation and transmission investments, creating capital access and revenue recovery risks for Southern Company's electric utilities; customer affordability matters; available sources and costs of natural gas and other fuels and commodities; transmission constraints; the ability to control costs and avoid cost and schedule overruns during the development, construction, and operation of facilities or other projects; legal proceedings and regulatory approvals and actions related to past, ongoing, and proposed construction projects, including state public service commission approvals and Federal Energy Regulatory Commission and U.S. Nuclear Regulatory Commission actions; the ability to construct facilities in accordance with the requirements of permits and licenses, to satisfy any environmental performance standards and the requirements of tax credits and other incentives, and to integrate facilities into the Southern Company system upon completion of construction; advances in technology, including the pace and extent of development of low- to no-carbon energy and battery energy storage technologies and the impact of advancing technology on data center and other large load customer demand; state and federal rate regulations and the impact of pending and future rate cases and negotiations; the ability to successfully operate Southern Company's electric utilities' generation, transmission, distribution, and battery energy storage facilities and the successful performance of necessary corporate functions; the inherent risks involved in operating nuclear generating facilities; the inherent risks involved in generation, transmission, and distribution of electricity, including accidents, explosions, fires, mechanical problems, discharges or releases of toxic or hazardous substances or gases, and other environmental risks; the ability of counterparties of Southern Company and its subsidiaries to make payments as and when due and to perform as required; the ability to obtain new short- and long-term contracts with wholesale customers; the direct or indirect effect on the Southern Company system's business resulting from cyber intrusion or physical attack and the threat of cyber and physical attacks; global and U.S. economic conditions, including impacts from geopolitical conflicts, recession, inflation, changes in trade policies (including tariffs and other trade measures) of the United States and other countries, interest rate fluctuations, and financial market conditions, and the results of financing efforts; prolonged or recurring U.S. federal government shutdowns; access to capital markets and other financing sources; changes in Southern Company's and any of its subsidiaries' credit ratings; the ability of Southern Company's electric utilities to obtain additional generating capacity (or sell excess generating capacity) at competitive prices; catastrophic events such as fires, including wildfires, land movement, earthquakes, explosions, floods, high winds, tornadoes, hurricanes and other storms, solar flares, droughts, future epidemic or pandemic health events, wars, political unrest, or other similar occurrences; and the direct or indirect effects on the Southern Company system's business resulting from incidents affecting the U.S. electric grid or operation of generating or storage resources. Southern Company expressly disclaims any obligation to update any forward-looking information.

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