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Nuclear: two start-ups join forces to accelerate innovative mini-reactors in Europe

Natasha Kumar By Natasha Kumar Apr17,2024

 Nuclear: two start-ups join forces to accelerate in innovative mini-reactors in Europe

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Small nuclear reactors, also called 4th generation reactors, are the project of two start-ups which are merging: Naarea and Newcleo. “A strategic and industrial partnership” to accelerate the race for European development, supported by the France 2030 investment program.

As reported by AFP, this alliance will aim to extend to all players working in Europe on 4th generation reactor technologies, also called AMRs (Advanced modular reactors), according to the joint press release from Naarea and Newcleo.

“This strategic and industrial partnership (…) aims to support all of these players in their industrial, technological, scientific and regulatory deployment”, argue the two companies, first winners of the France 2030 call for “innovative nuclear reactors” projects.

It is also about “simplifying the work of public authorities” faced with a multiplicity of new nuclear players.

“It's a race against time”, summarized with AFP David Briggs, deputy chief executive of Naarea. “In a global context of competition between the United States, Europe and China, it makes a lot of sense to pool our forces and our means, and it is also a way for us to move forward more quickly,” he said. -he said.

The two companies aim to participate in the renewal of the nuclear sector to decarbonize electricity and industrial heat. Newcleo is working on a mini-fast neutron reactor cooled with lead, and the start-up Naarea is working on a micro-generator with fast neutrons and molten salts.

The little extra of these technologies is that They use nuclear waste as fuel, which would allow “access to carbon-free and sovereign energy”.

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Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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