Japanese firm JERA, a joint venture between TEPCO and Chubu Electric, on Oct. 13 issued a roadmap to achieve zero carbon emissions by 2050. The move is notable for the company whose business includes a sizable

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   October 29, 2020 Shakeup for 720-MW Nuclear SMR Project as More Cities Withdraw Participation At least eight cities have now dropped shares in the Carbon Free Power Project (CFPP), a 720-MWe NuScale Power small modular reactor (SMR) project proposed by Utah Associated […]

At least eight cities have now dropped shares in the Carbon Free Power Project (CFPP), a 720-MWe NuScale Power small modular reactor (SMR) project proposed by Utah Associated Municipal Power Systems (UAMPS). Despite the Department of Energy’s (DOE’s) Oct.16–announced $1.4 billion, 10-year award to fund one-time costs for the first-of-a-kind project, four Utah cities withdrew […]

Japan, an island nation that is currently heavily reliant on coal and gas power, will be carbon neutral in 2050, the country’s newly appointed prime minister Yoshihide Suga pledged in an Oct. 26 speech.   The announcement by Suga in his first major policy speech to the national Diet was not unexpected for the nation […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   October 22, 2020 AECOM Sells Power Business as Part of Restructuring AECOM has announced the closing of the sale of its Power construction business to affiliates of CriticalPoint Capital LLC. Terms of the deal were not disclosed. The Los Angeles, California-based… Commercial […]

An expansion of New York’s Clean Energy Standard (CES) approved by the state’s Public Service Commission (PSC) adopts several measures that will help the state meet its new, more ambitious 70%-by-2030 renewable power target. In an Oct. 15 order, the PSC adopted several changes proposed by the New York State Energy Research and Development Authority […]

Buoyed by two major developments last week for prospective customers, NuScale Power is maintaining “strong program momentum” toward commercialization of its small modular reactor (SMR) technology, the company told POWER.  On Oct. 16, the Department of Energy (DOE) approved a $1.355 billion award to fund the Carbon Free Power Project (CFPP), a potential 720-MWe NuScale […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   October 15, 2020 Natrium, Xe-100 Are DOE's Picks for Advanced Nuclear Reactor Demonstrations TerraPower and X-energy will each receive $80 million in initial federal funding under the Department of Energy’s (DOE’s) Advanced Reactor Demonstration Program (ARDP) to build their two distinct advanced […]

Doubling down on its net-zero efforts, Duke Energy will retire all coal-only units in the Carolinas, multiply its renewable portfolio, and cease emitting methane in its natural gas business by 2030.  The company made the announcements on Oct. 12 at its first environmental, social and governance (ESG) day, a virtual event geared toward its investors. […]

TerraPower and X-energy will each receive $80 million in initial federal funding under the Department of Energy’s (DOE’s) Advanced Reactor Demonstration Program (ARDP) to build their two distinct advanced nuclear reactors and begin operating them within seven years.  Energy Secretary Dan Brouillette made the much-awaited announcement about the first ARDP awards in a brief Twitter […]