Connection

popular articles

Saudi Arabia abandons hopes of $100 oil price
Pipeline rupture: South Sudan faces major economic crisis
Sharp rise in Australian carbon credits expected by 2025
Calogena files for approval of its nuclear heating boiler for urban areas
Kazakhstan and Hungary Agree on Oil Exports via Druzhba Pipeline

Collaboration in the nuclear pumps sector: Rütschi joins Newcleo

Startup Newcleo acquires Rütschi, an expert in nuclear pumps, to implement its innovation strategy in the development of 4th generation reactors using nuclear waste.

Please share:

Newcleo, the Italian-English-French nuclear startup, announced on Monday that it had acquired the Franco-Swiss nuclear pump group Rütschi from the Italian Gruppo Aturia, a subsidiary of the Indian group WPIL limited, for some 68.8 million euros.

Newcleo acquires Rütschi to boost innovation in nuclear pumps

With Rütschi, Newcleo intends to implement “its industrialization strategy” to enable “the direct manufacture of key components” for its future 4th-generation nuclear reactors using nuclear waste as fuel, says the company, which was founded in 2021, in a statement.

The transaction is expected to close “in the last quarter of 2023” and is “subject to customary closing conditions”, the release adds.

Rütschi, founded in 1946 in Brugg, Switzerland, and acquired by Gruppo Aturia in 2006, produces centrifugal coolant pumps for nuclear applications, which are in service in some 150 reactors, mainly in Europe. Its two production sites are located in Mulhouse, France and Möhlin, Switzerland.

Rütschi’s engineering capabilities “will help accelerate the development of our Lead Fast Reactor (LFR)”, said Newcleo.

Major investment: Newcleo announces 3 billion euros for the development of nuclear energy in France

The start-up hopes to deliver its first 30 MW prototype by 2030. Construction could take place in France, Newcleo pointing out that Rütschi’s Mulhouse plant offers “the possibility of expansion”. Newcleo’s ambition is to play a part in the renewal of the nuclear industry in Europe, betting on small lead-cooled SMR-type fast neutron reactors and using nuclear waste as fuel, also applicable to the maritime transport sector.

In France, Newcleo is also planning to build a pilot plant for the manufacture of innovative MOX fuels from recycled spent nuclear materials, the press release states. Some of these technologies stem from the Superphénix breeder reactor project, abandoned by France in 1997. In May, the startup announced a €3 billion investment plan in France over the period 2025-2030.

In July, Newcleo teamed up with shipyards Fincantieri and Rina (ship certification) to develop mini-nuclear reactors for merchant ships.

Register free of charge for uninterrupted access.

Publicite

Latest news

Libya: Economic recovery dependent on oil, but weakened by lack of reforms
Eni and YPF sign a memorandum of understanding for the evaluation of the liquefied natural gas project in Argentina
bp successfully loads first LNG cargo from Greater Tortue Ahmeyim project
Catalyze secures $85 million in tax equity investment from RBC to advance solar projects in the United States
EIB and Iberdrola sign loans to enhance energy storage infrastructure in Spain

Recently published in

TerraPower begins regulatory approval process for Natrium® reactor in the United Kingdom

TerraPower has informed the UK regulator of its intention to submit the Natrium reactor design for evaluation under the Generic Design Assessment (GDA) process, the first step toward international deployment of this nuclear technology.
Framatome and Sizewell C sign contract for EPR reactor instrumentation
Framatome and Sizewell C have signed a contract for the supply, qualification, and pre-assembly of conventional instrumentation for the EPR reactors under construction at Sizewell, strengthening their collaboration on this large-scale project.
en_1140290963540-7
Framatome and Sizewell C sign contract for EPR reactor instrumentation
Framatome and Sizewell C have signed a contract for the supply, qualification, and pre-assembly of conventional instrumentation for the EPR reactors under construction at Sizewell, strengthening their collaboration on this large-scale project.
en_1140290963540-7
Auxiliary works begin for modular nuclear project in Uzbekistan
Uzbekistan has launched the construction of auxiliary buildings for its future modular nuclear reactor, the first export project for the Russian RITM-200N technology.
en_1140290963540-6
Auxiliary works begin for modular nuclear project in Uzbekistan
Uzbekistan has launched the construction of auxiliary buildings for its future modular nuclear reactor, the first export project for the Russian RITM-200N technology.
en_1140290963540-6
Holtec submits final bid for UK small modular reactor selection
Holtec International has submitted its final proposal to Great British Nuclear as part of the competition to deploy several small modular reactors in the UK, joining GE Hitachi and Rolls-Royce SMR in the decisive phase.
en_1140290967540-4
Holtec submits final bid for UK small modular reactor selection
Holtec International has submitted its final proposal to Great British Nuclear as part of the competition to deploy several small modular reactors in the UK, joining GE Hitachi and Rolls-Royce SMR in the decisive phase.
en_1140290967540-4

EDF delays Flamanville EPR restart for the fourth time

The restart of the Flamanville EPR reactor, initially scheduled for 17 April, has now been postponed to 21 April following extended maintenance operations, according to a statement from Électricité de France.
EDF extends shutdown of Flamanville EPR due to additional maintenance operations
EDF announced on April 10 the extension of the shutdown of the Flamanville EPR nuclear reactor, initially scheduled to restart on April 12, due to new maintenance operations within its nuclear zone.
en_1140290969540-3
EDF extends shutdown of Flamanville EPR due to additional maintenance operations
EDF announced on April 10 the extension of the shutdown of the Flamanville EPR nuclear reactor, initially scheduled to restart on April 12, due to new maintenance operations within its nuclear zone.
en_1140290969540-3
France: a fact-finding mission launched on nuclear electricity pricing
The French National Assembly has launched a mission to analyse nuclear pricing and anticipate the effects of the 2026 tariff reform amid heightened tensions over energy costs.
en_1140290949540-7
France: a fact-finding mission launched on nuclear electricity pricing
The French National Assembly has launched a mission to analyse nuclear pricing and anticipate the effects of the 2026 tariff reform amid heightened tensions over energy costs.
en_1140290949540-7
GE Hitachi and Rolls-Royce SMR submit final offer in UK SMR selection process
GE Hitachi and Rolls-Royce SMR have submitted their final offer as part of the modular reactor selection process led by Great British Nuclear in the United Kingdom.
en_1140290952540-6
GE Hitachi and Rolls-Royce SMR submit final offer in UK SMR selection process
GE Hitachi and Rolls-Royce SMR have submitted their final offer as part of the modular reactor selection process led by Great British Nuclear in the United Kingdom.
en_1140290952540-6

The United States and the United Arab Emirates initiate a new civil nuclear agreement

Washington and Abu Dhabi pave the way for renewed civil nuclear cooperation, aiming to strengthen Emirati technological and energy capabilities within a complex regional strategic context.
Duke Energy seeks to extend operating licence for Robinson nuclear plant to 2050
Duke Energy has submitted a request to the US Nuclear Regulatory Commission to extend the operation of its Robinson plant by 20 years, supporting energy stability in the Carolinas.
en_1140290943540-6
Duke Energy seeks to extend operating licence for Robinson nuclear plant to 2050
Duke Energy has submitted a request to the US Nuclear Regulatory Commission to extend the operation of its Robinson plant by 20 years, supporting energy stability in the Carolinas.
en_1140290943540-6
India accelerates towards small nuclear reactors to replace its coal plants
India's largest power producer, NTPC, paves the way for small modular reactors to modernize its aging energy infrastructure and strengthen energy security through significant international partnerships.
en_1140290961540-4
India accelerates towards small nuclear reactors to replace its coal plants
India's largest power producer, NTPC, paves the way for small modular reactors to modernize its aging energy infrastructure and strengthen energy security through significant international partnerships.
en_1140290961540-4
EDF postpones Flamanville EPR restart again to April
EDF has delayed the restart of the Flamanville EPR to 11 April, citing a new maintenance operation, while keeping its 2025 production forecast unchanged.
en_1140290962540-3
EDF postpones Flamanville EPR restart again to April
EDF has delayed the restart of the Flamanville EPR to 11 April, citing a new maintenance operation, while keeping its 2025 production forecast unchanged.
en_1140290962540-3

Fessenheim: EDF faces scrutiny over nuclear recycling project

EDF's plan to build a facility for recycling low-level radioactive metals in Fessenheim is raising significant concerns over health, economics and regulation.
enCore Energy boosts uranium extraction in Texas and restructures its leadership
enCore Energy extracted 50,000 pounds of uranium in March from its Alta Mesa site in Texas, while consolidating its operations through strategic leadership appointments.
en_1140290944540-5
enCore Energy boosts uranium extraction in Texas and restructures its leadership
enCore Energy extracted 50,000 pounds of uranium in March from its Alta Mesa site in Texas, while consolidating its operations through strategic leadership appointments.
en_1140290944540-5
Ontario Power Generation granted licence to build SMR at Darlington
Canada's nuclear regulator has issued Ontario Power Generation a construction licence for a BWRX-300 small modular reactor at the Darlington site, marking a key step in the province’s nuclear development.
en_1140290950540-3
Ontario Power Generation granted licence to build SMR at Darlington
Canada's nuclear regulator has issued Ontario Power Generation a construction licence for a BWRX-300 small modular reactor at the Darlington site, marking a key step in the province’s nuclear development.
en_1140290950540-3
Despite sanctions, Rosatom expands global nuclear influence and secures exports
Despite severe Western sanctions targeting Russian energy, Rosatom continues its international nuclear projects and maintains a steady flow of enriched uranium to Europe and the United States, thus supporting the Russian economy through an effective diversification strategy.
en_1140291018540
Despite sanctions, Rosatom expands global nuclear influence and secures exports
Despite severe Western sanctions targeting Russian energy, Rosatom continues its international nuclear projects and maintains a steady flow of enriched uranium to Europe and the United States, thus supporting the Russian economy through an effective diversification strategy.
en_1140291018540

NANO Nuclear begins construction of its first KRONOS MMR reactor with the University of Illinois

The agreement between NANO Nuclear Energy and the University of Illinois launches the first university-based installation of the KRONOS MMR reactor, marking the beginning of construction and certification procedures.
Poland: New agreement enables revival of AP1000 nuclear plant project
Polskie Elektrownie Jądrowe has signed a development agreement with the Westinghouse-Bechtel consortium, ensuring continuity of Poland's first nuclear plant project after a previous contract expired.
en_1140290956540-2
Poland: New agreement enables revival of AP1000 nuclear plant project
Polskie Elektrownie Jądrowe has signed a development agreement with the Westinghouse-Bechtel consortium, ensuring continuity of Poland's first nuclear plant project after a previous contract expired.
en_1140290956540-2
Samsung C&T partners with Fermi Energia to deploy two nuclear reactors in Estonia
Fermi Energia has signed a strategic agreement with Samsung C&T to develop two small modular reactors in Estonia, targeting commercial operation by 2035.
en_1140290951540-2
Samsung C&T partners with Fermi Energia to deploy two nuclear reactors in Estonia
Fermi Energia has signed a strategic agreement with Samsung C&T to develop two small modular reactors in Estonia, targeting commercial operation by 2035.
en_1140290951540-2
China launches financing search for innovative nuclear project
China National Nuclear Corporation mobilizes international investors and financial partners for a unique nuclear project combining two distinct technologies to simultaneously supply industrial heat and electricity, marking a new strategic step for China's energy industry.
en_1140290944540
China launches financing search for innovative nuclear project
China National Nuclear Corporation mobilizes international investors and financial partners for a unique nuclear project combining two distinct technologies to simultaneously supply industrial heat and electricity, marking a new strategic step for China's energy industry.
en_1140290944540

Duke Energy extends Oconee nuclear plant’s operation through 2054

The United States Nuclear Regulatory Commission has approved a 20-year extension for the operating licences of Oconee Nuclear Station, reinforcing energy supply in the Carolinas amid growing regional demand.
Radioactive leak in Flamanville: EDF delays reactor restart by one month
A radioactive steam leak detected in the reactor building of Flamanville unit 1 forces EDF to postpone its restart by one month, according to the Nuclear Safety and Radiation Protection Authority.
en_1140290943540-24
Radioactive leak in Flamanville: EDF delays reactor restart by one month
A radioactive steam leak detected in the reactor building of Flamanville unit 1 forces EDF to postpone its restart by one month, according to the Nuclear Safety and Radiation Protection Authority.
en_1140290943540-24
Framatome to upgrade control systems at Switzerland’s Leibstadt nuclear power plant
French firm Framatome has been selected to modernise control systems at Switzerland’s Leibstadt nuclear plant, as part of a strategic investment aiming to extend its operation through 2045.
en_1140290945540-22
Framatome to upgrade control systems at Switzerland’s Leibstadt nuclear power plant
French firm Framatome has been selected to modernise control systems at Switzerland’s Leibstadt nuclear plant, as part of a strategic investment aiming to extend its operation through 2045.
en_1140290945540-22
Washington allocates $900M to accelerate compact nuclear reactors
The U.S. Department of Energy reopens a $900M envelope to finance the construction of third-generation small modular reactors, aiming to rapidly expand national power capacity.
en_1140290951540-19
Washington allocates $900M to accelerate compact nuclear reactors
The U.S. Department of Energy reopens a $900M envelope to finance the construction of third-generation small modular reactors, aiming to rapidly expand national power capacity.
en_1140290951540-19

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS