Business

The Department of Energy (DOE) has initiated community outreach to facilitate consent-based siting, management of spent nuclear fuel (SNF), and interim storage facility siting. The effort, outlined in a series of steps the DOE expects to take in response to a recent request for public input, marks a significant first step toward advancing the agency’s […]

Oklo, the developer of the much-watched 1.5-MW Aurora microreactor, has submitted a recharged licensing project plan (LPP) with the Nuclear Regulatory Commission (NRC), launching a renewed effort that could help the advanced nuclear reactor developer set the stage for “effective and efficient” application reviews by the federal regulator. The move is a significant step for […]

NuScale has signed a first task order and a statement of commencement with Polish mining and processing firm KGHM Polska Miedź S.A., kicking off early work for a VOYGR nuclear power plant of up to 924 MWe that the partners could deploy as early as 2029 to support KGHM’s copper and silver production in Poland. […]

Michigan’s governor has asked the Department of Energy (DOE) to support Holtec International’s efforts to “save” the 800-MW Palisades nuclear power plant, marking a potential turnaround for the facility in Southwest Michigan, which was taken offline for the final time on May 20, 2022, after 50 years of operation. Michigan Gov. Gretchen Whitmer’s in a […]

The Department of Energy’s (DOE)’s latest Energy Earthshot will seek to cut the cost of enhanced geothermal systems (EGS) to $45/MWh by 2035, an ambitious goal that would shave current EGS costs by 90%. The DOE’s latest Energy Earthshot—part of a 2021-research, development, and demonstration (RD&D) initiative it launched to accelerate breakthroughs for emerging technologies—will […]

Bang Pakong combined cycle plant adds approximately 1,400 Megawatts of electricity to the national grid – the equivalent capacity needed to power more than 3 million Thai homes -while helping to reduce the carbon footprint of the Bank Pakong power generation complex Project supports Thailand’s decarbonization goals of reaching carbon neutrality by 2050 and net-zero […]

Germany plans to keep two of its three last nuclear power plants on standby until mid-2023—beyond their year-end closure deadline—to bolster its energy security through the winter. However, the declaration has prompted confusion within Germany’s nuclear industry, which says nuclear plants aren’t suited to perform as operating reserve. Germany’s Federal Ministry for Economic Affairs and Climate Action […]

New York Gov. Kathy Hochul announced on Sept. 8 that $16.6 million had been awarded to five long-duration energy storage projects in her state. She also said an additional $17 million in competitive funding was available for projects that “advance development and demonstration of scalable innovative long-duration energy storage technologies, including hydrogen.” Meanwhile, Qcells USA […]

The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]

Two Eastern Generation natural gas power plants in northeastern Illinois have been acquired by Earthrise Energy, an emerging independent power producer and “public benefit corporation” that has now amassed a 1.7-GW natural gas fleet in Illinois. Earthrise on Sept. 6 said it acquired the 328-MW Crete (Figure 1) and 656-MW Lincoln Generating Facility from Eastern […]