The World Economic Forum has partnered with stakeholders across the nuclear ecosystem to develop a Framework to Accelerate the Deployment of Advanced Nuclear and Small Modular Reactors (SMRs). This framework is a tool that can align stakeholders on key actions and strategies within nine priority areas to accelerate deployment. The framework has been co-developed with stakeholders from across the nuclear ecosystem including experts from large energy-consuming industries, financiers, reactor vendors, supply chain businesses, utilities, government organizations, non-profits/NGOs and academia.

Terra Praxis is glad to have had the opportunity to review this document that the Nuclear Energy Institute just submitted to the Nuclear Regulatory Commission to lay out a predictable and efficient licensing pathway for manufactured reactors. As the document notes, it is critical that the regulation be capable of meeting the requirements of commercial customers.

The International Energy Agency's (IEA) new report, The Path to a New Era for Nuclear Energy, informed by contributions from TerraPraxis, offers critical insights for policymakers and industry leaders seeking to navigate the transition to a sustainable energy future. The report examines the opportunities and challenges facing the nuclear energy sector in addressing energy security and climate concerns, and highlights the critical role of innovation, policy, and financing in unlocking the potential of nuclear energy, particularly small modular reactors (SMRs).

The U.S. Department of Energy has released an information guide for communities considering replacing their retired or retiring coal power plants with nuclear power plants. The guide is based on a technical study that found transitioning from a coal plant to a nuclear one would increase local employment opportunities, create additional higher paying jobs, and spur increased revenues and economic activity in the host community. It also found that, with planning and support for training, most workers at an existing coal plant should be able to transition to work at a replacement nuclear plant.

Founders Pledge is a remarkable organization and donor network that is leading the charge in funding cutting-edge solutions to global challenges often overlooked by mainstream philanthropy and investors. Terra Praxis is grateful and proud to be one of their grantees.

The recent International Atomic Energy Agency (IAEA) Bulletin, IAEA's flagship publication, features an article by Eric Ingersoll, Founding Director and Co-CEO of Terra Praxis, and Chirayu Batra, Co-Founder of 92 Ventures, on "The Energy Transition and Industrial Decarbonization" and the urgent need for over 30 terawatts of clean energy to achieve global decarbonization and provide modern energy services to all.

In March 2022, Terra Praxis published the report “Repowering the Global Coal Fleet By 2050.” This was followed in June 2022 by the launch of the Beautiful Nuclear Campaign which called for REPOWER as one of top 5 priorities for clean energy transition. On November 7-17, 2022 at COP27 in in Sharm El Sheikh, Egypt, Terra Praxis launched REPOWER -- a global Repowering Coal initiative to enable every coal plant owner in the world to assess their coal plant for conversion to clean energy, alongside global climate leaders and partner Microsoft.