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NuScale Power
NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors (SMRs). It is headquartered in Tigard, Oregon. The company's VOYGR power plant, which uses 50 MWe modules and scales to 12 modules (600 MWe), was the first SMR to be certified by the US Nuclear Regulatory Commission (NRC) (2022). The newer 77 MWe module designs, known as the VOYGR-4 (308 MWe) and VOYGR-6 (462 MWe), were submitted for NRC review on January 1, 2023, and approved May 29, 2025. NuScale is now seeking NRC approval for their 12-module, VOYGR-12. The SMR is also scalable, offering up to 924 MWe. NuScale Power Modules are surrounded by a diameter by tall reactor vessel that relies on conventional cooling methods. The modules run on low enriched uranium fuel assemblies based on existing light water reactor designs. For a 12-module configuration, the modules are stored individually in submerged storage wells on the floor of a shared 75-foot deep, 10-million-ga ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Venture Round
A venture round is a type of funding round used for venture capital financing, by which startup company, startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or Project stakeholder, stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor. *Follow-on or piggyback investors. Typically angel investors, high-net worth ...
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Savannah River Site
The Savannah River Site (SRS), formerly the Savannah River Plant, is a U.S. Department of Energy (DOE) reservation in the United States, located in the state of South Carolina on land in Aiken, Allendale and Barnwell counties adjacent to the Savannah River. It lies southeast of Augusta, Georgia. The site was built during the 1950s to refine nuclear materials for deployment in nuclear weapons. It covers and employs more than 10,000 people. It is owned by the DOE. The management and operating contract is held by Savannah River Nuclear Solutions LLC (SRNS) and the Integrated Mission Completion contract by Savannah River Mission Completion. A major focus is cleanup activities related to work done in the past for American nuclear buildup. Currently none of the reactors on-site are operating, although two of the reactor buildings are being used to consolidate and store nuclear materials. SRS is also home to the Savannah River National Laboratory and the United States' only oper ...
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Inflation Reduction Act
The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022. It is a budget reconciliation bill sponsored by Senators Chuck Schumer ( D- NY) and Joe Manchin (D- WV). The bill was the result of negotiations on the proposed Build Back Better Act, which was reduced and comprehensively reworked from its initial proposal after being opposed by Manchin. It was introduced as an amendment to the Build Back Better Act and the legislative text was substituted. All Democrats in the Senate and House voted for the bill while all voting Republicans voted against it. It was described as a landmark piece of legislation. According to the nonpartisan Congressional Budget Office (CBO) and Joint Committee on T ...
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Changwon
Changwon (; ) is the capital and largest city of South Gyeongsang Province, South Korea (with a population of 1,025,702 ), and the 11th largest city of the South Korea, country. A port city, Changwon is bordered by Masan Bay to the south, and the cities of Busan and Gimhae to the east. The city of Miryang lies to the northeast, and Jinju to the west. The region has been inhabited since the Bronze Age, and its urban areas have been renamed and re-organized many times throughout history. In 1974, with the creation of the Changwon National Industrial Complex, the three historically interdependent cities of Masan, Jinhae District, and Changwon began to undergo significant economic development, growing into an important industrial centre. On 1 July 2010, the cities of Changwon, Jinhae, and Masan merged to form the current city of Changwon. As Korea's first Planned community, planned city, modeled after Canberra, Australia, Changwon uses accessible urban planning including many parks a ...
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Doosan Enerbility
Doosan Enerbility Co., Ltd., (a combination of words Energy and Sustainability) formerly known as Doosan Heavy Industries, is a heavy industrial company headquartered in Changwon, South Korea. It was established in 1962. Its business includes manufacturing and construction of nuclear power plants, thermal power stations, turbines and generators, desalination plants, castings, and forgings. History In 1962, Doosan Heavy Industries & Construction Co., Ltd, formerly known as Korea Heavy Industries and Construction Co., Ltd, was founded by Doosan Group. In 1999, Doosan Heavy Industries & Construction was integrated with several other domestic power industries. In 2000, Doosan Heavy Industries & Construction went public and was listed on the Korean stock market. In 2001, Korea Heavy Industries and Construction Co., Ltd was renamed as Doosan Heavy Industries & Construction Co., Ltd. The company was ranked first in global desalination market and selected as "Global Product". In 2 ...
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Government Of Utah
Utah is a state in the United States of America. Its government consists of a state executive, legislative, and judicial branch, laid forth by the Constitution and law of the State of Utah. Executive Branch The executive powers of government are vested in the Governor. The current governor is Spencer Cox, a Republican. Gary Herbert, the previous governor, assumed the governorship on August 11, 2009, following the resignation of Governor Jon Huntsman, Jr., who was appointed United States Ambassador to China by President Barack Obama. Herbert was elected for a further four-year term in 2012 and 2016. In 2019, Herbert announced he would not seek a third full term in 2020, and endorsed then-Lieutenant Governor Cox for governor. In the 2020 Utah gubernatorial election, Cox was elected governor, after first defeating former Governor Jon Huntsman, Jr., former Utah GOP chair Thomas Wright, and former Utah House Speaker Greg Hughes in the Republican primary, then defeating Democrat ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ...
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Special-purpose Acquisition Company
A special-purpose acquisition company (SPAC; ), also known as a blank check company or a blind-pool stock offering, is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus taking the private company public through a procedure which requires less regulatory filings and has less safeguards for investors than the initial public offering (IPO) process. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the U.S., SPACs are registered with the SEC and considered publicly traded companies. The general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds." The majority of companies ...
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Department Of Energy
A ministry of energy or department of energy is a government department in some countries that typically oversees the production of fuel and electricity; in the United States, however, it manages nuclear weapons development and conducts energy-related research and development. The person in charge of such a department is usually known as a '' minister of energy'' or ''minister for energy''. * Ministry of Energy and Water (Afghanistan) * Ministry of Energy and Mining (Algeria) * Ministry of Energy Infrastructures and Natural Resources (Armenia) * Australia: ** Department of Climate Change and Energy Efficiency (superseded 2013) ** Department of the Environment and Energy (from 2016) * Ministry of Energy (Azerbaijan) * Ministry of Energy, Science & Technology and Public Utilities (Belize) * Ministry of Mines and Energy (Brazil) * Ministry of Energy (Brunei) * Ministry of Economy, Energy and Tourism (Bulgaria) * Burundi Ministry of Energy and Mines * Ministry of Mines and Ene ...
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Rolls-Royce Holdings
Rolls-Royce Holdings plc is a British Multinational corporation, multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world's second-largest maker of aircraft engines (after CFM International) and has major businesses in the marine propulsion and Energy industry, energy sectors. Rolls-Royce was the world's 16th largest Arms industry, defence contractor in 2018 when measured by defence revenues. The company is also the world's fourth largest commercial aircraft engine manufacturer, with a 12% market share . Rolls-Royce Holdings plc is listed on the London Stock Exchange, where it is a constituent of the FTSE 100 Index. At the close of London trading on 11 February 2025, the company had a market capitalisation of Pounds sterling, £52.66bn, the 11th-largest of any company with a pr ...
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