NRC awards TRISO-X inaugural Part 70 license for HALEU fuel manufacturing

The license is a 'commercial Part 70 license'. Quote: 'The U.S. Nuclear Regulatory Commission (NRC) granted a commercial license to TRISO-X'. It is the 'first new fuel fabrication license issued by the Commission in approximately half a century'. Quote: 'One of the many reasons why this news received great publicity is that it reflects the first new fuel fabrication license issued by the Commission in approximately half a century.'. The license covers an 'initial 40-year period, with a possibility to extend'. Quote: 'The Part 70 Special Nuclear Material license covers the manufacture and use of HALEU at two planned facilities known as TX-1 and TX-2 for over an initial 40-year period, with a possibility to extend.'. The facilities are 'specifically intended to support advanced reactors'. Quote: 'These plants are specifically intended to support advanced reactors that could play a pivotal role in future clean energy systems.'. TRISO-X will produce fuel for 'X-energy’s Xe-100 small modular reactor'. Quote: 'Because of the license, TRISO-X can produce fuel for advanced reactors, including X-energy’s Xe-100 small modular reactor.'. The technology uses 'tristructural isotropic (TRISO) fuel pellets'. Quote: 'the entity will be able to rely on a rare technology that uses tristructural isotropic (TRISO) fuel pellets'.