Business

The current geopolitical crisis spurred by the Russian invasion of Ukraine should provide a rude awakening in the West to our misguided and flawed policies toward energy development by government and major

The global energy crisis will continue to deepen and should act as an alarm call now about the decent long-term future rewards in sustainable investments, says the CEO of a leading global financial giant. The analysis from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and […]

India’s Power Ministry, despite the country facing shortages of electricity in recent years and as recently as the past month, said it plans to reduce the amount of power generation from at least 81 of the country’s 173 coal-fired power plants over the next four years. The agency, in a letter dated May 26 that […]

The potential deployment of a BWRX-300 small modular reactor (SMR) in the Canadian province of Saskatchewan gained a boost with a cooperation agreement between GE Hitachi Nuclear Energy’s (GEH’s) Canadian subsidiary GEH SMR Technologies Canada and the Saskatchewan Industrial and Mining Supplier’s Association (SIMSA). GEH SMR Canada on May 26 said a memorandum of understanding […]

After more than 50 years of operation, the Palisades nuclear power plant was taken offline for the final time on May 20. The station was scheduled to be permanently shut down on May 31, but plant operators “made the conservative decision to shut down the plant early due to the performance of a control rod […]

Initial offering to focus on the detection and reporting of fugitive methane emissions to help users reduce production losses, improve productivity and comply with ongoing legislation  ORLANDO, Florida, May 24, 2022 – Honeywell (NASDAQ: HON) today announced an Emissions Control & Reduction Initiative designed to help customers achieve carbon neutrality in a wide range of areas. […]

The U.S. government has set out to fast-track technology development enabling hydrogen and ammonia combustion in power-generating gas turbines, furnishing six novel industry-led projects with a combined $24.9 million on May 19. Projects include development of hydrogen-ready combustion technologies for F-class retrofits, more efficient hydrogen and ammonia burners, and a potential demonstration of a rotating […]

An unprecedented array of risks—ranging from capacity shortfalls, extreme weather, extended drought, supply chain issues, cybersecurity, solar PV tripping, fuel constraints, to wildfires—could imperil the reliability of nearly every North American bulk power system (BPS) region west of the Midcontinent Independent System Operator (MISO) this summer, the North American Electric Reliability Corp. (NERC) warned in […]

MONTREAL: May 19, 2022 – Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has been chosen by Nuclearelectrica S.A. (SNN), operator of the Cernavoda Nuclear Generating Station in Romania, to conduct optimization work on the Unit 1 CANDU® reactor at the facility. SNC-Lavalin will perform axial channel shifting for several fuel channels in […]

Rosatom announced that it has started the fourth irradiation cycle of fuel assemblies with VVER-type fuel rods in the MIR research reactor (Figure 1) at the Research Institute of Atomic Reactors in Dimitrovgrad, Ulyanovsk Region. The reactor tests have been ongoing since early 2019. The rods have four combinations of cladding and fuel matrix materials. […]