DIA512.96+1.52 0.30%
SPY759.10+0.56 0.07%
QQQ744.48+1.74 0.23%

X-Energy Submits Application To The UK's Generic Design Assessment Process For Its Xe-100 High Temperature Gas-Cooled Reactor

Benzinga·06/02/2026 11:05:49
Listen to the news

Subject to acceptance, submission marks a significant milestone in X-energy and Centrica's efforts to deploy up to 6 GW of new nuclear in the United Kingdom, initiating a critical step in the UK licensing process.

Generic Design Assessment is the UK's established regulatory pathway for licensing new nuclear technologies, evaluating safety, security, safeguards, and environmental impact independent of site-specific considerations. The assessment will be administered by the UK Office for Nuclear Regulation (ONR), Environment Agency, Natural Resources Wales and the Department for Energy Security and Net Zero (DESNZ), and is expected to conclude by the end of 2029.

X-energy has been in active dialogue with UK regulatory authorities since 2024 through the Early Engagement process. The Company's latest submission builds on its U.S. licensing progress and is expected to further benefit from expanded collaboration between ONR and the U.S. Nuclear Regulatory Commission that allows for direct transfer of design documentation and safety analyses. This streamlined approach allows applicants to leverage NRC-approved technical documents throughout the assessment, creating opportunities for enhanced efficiency in the UK's licensing process.

"Advanced Modular Reactors like the Xe-100 are the cornerstone of Britain's future energy security, and would bring clean, reliable power as well as renewed opportunities for British industry," said Alistair Black, Vice President and UK Market Lead at X-energy. "We welcome the Regulators' recent steps towards a more efficient GDA process, and look forward to working collaboratively to support an efficient, thorough review. GDA submission marks an important milestone in bringing our technology to the UK on a fleet-scale, with the potential to create thousands of high-quality jobs where needs are greatest."

The Xe-100 is an 80 MWe HTGR deployed in four-or-twelve-unit plants, capable of providing both electricity, and high-temperature heat and steam for industrial applications. In September 2025, X-energy and Centrica signed a Joint Development Agreement for the UK's first advanced nuclear fleet, targeting 6 GW nationwide with Hartlepool identified as the preferred first site for a 12-unit/960 MWe Xe-100 plant. The project is currently advancing through the UK Government's Advanced Nuclear Pipeline assessment.

The United Kingdom has extensive operational experience with gas reactor technology, with eight currently-operating Advanced Gas-Cooled Reactors, a predecessor to X-energy's HTGR technology. In 2024, X-energy was selected for DESNZ's Future Nuclear Enabling Fund to develop UK-specific deployment plans including assessment of domestic manufacturing opportunities, supply chain development, constructability, modularization studies, and fuel management. This culminated in multiple technical and commercial studies estimating a minimum of £40 billion in lifetime economic value, with £12 billion arising from the first project alone. X-energy and Centrica's agreement helps to strengthen U.K. energy security and supports the Government's commitment to expand access to clean, safe, reliable energy.

Contact Us

Contact Number :+852 3852 8500
Monday 7:00 AM - Saturday 9:00 AM (HKT)
Service Email :service@webull.hk
Online Support: Monday - Friday: 9:00 - 16:00; 22:30 - 5:00 (HKT)
Business Cooperation :marketinghk@webull.hk
Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
Language

English

©2026 Webull Securities Limited. All rights reserved.