A variety of Generation III/III+ water-cooled reactor designs featuring enhanced safety and improved economics are being proposed by nuclear power industries around the world in efforts to solve the future energy supply shortfall. Thermal-hydraulics is recognized as a key scientific subject in the development of innovative reactor systems. Phase change by boiling and condensation in the reverse process is a highly efficient heat transport mechanism that accommodates large heat fluxes with relatively small driving temperature differences. This mode of heat transfer is encountered in a wide spectrum of nuclear systems,and thus it is necessary to determine the thermal limit of water-cooled nuclear energy conversion in terms of economic and safety. Such applications are being advanced with the introduction of new technologies such as nanotechnology. Here, we investigated newly-introduced nanotechnologies relevant to boiling and condensation in general engineering applications. We also evaluated the potential linkage between such new advancements and nuclear applications in terms of advanced nuclear thermal-hydraulics.