Fuel

Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […]

In a critical step aimed at bolstering advanced reactor development and their domestic nuclear fuel readiness, the U.S. Department of Energy (DOE) has issued its first round of allocations for high-assay low-enriched uranium (HALEU) under its HALEU Availability Program to five American nuclear developers. On April 9, the DOE said it made conditional commitments to […]

Advanced reactor developer X-energy and global materials science company Dow have submitted a construction permit application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) for a first-of-its-kind small modular reactor (SMR) project at Dow’s Union Carbide Corp. (UCC) Seadrift Operations in Calhoun County, Texas. The filing marks a major step forward for the much-watched commercial-scale […]

Data center power demand is accelerating, pushing the grid to its limits and prompting tech giants to bet on next-generation nuclear reactors. But given steep costs, regulatory hurdles, and uncertain

Several U.S. utilities in recent months have said they plan to keep coal-fired units in their generation fleets operating past their scheduled retirement dates, in most cases citing increased demand for electricity in their service areas. Some also note that the Trump administration is likely to eschew enforcement of current pollution standards, and attempt to […]

Texas A&M University System has unveiled four nuclear developers with which it plans to explore building and operating small modular reactor plants (SMRs) at its Texas A&M-RELLIS campus near College Station. The project—dubbed “The Energy Proving Ground”—is part of a state-supported initiative to deploy operational advanced reactors in Texas within the next five to seven […]

Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired Brandon Shores power plant and 774-MW oil-fired H.A. Wagner units until May 31, 2029, under a reliability-must-run (RMR) contract. If approved by the Federal Energy […]

As an energy veteran with decades at the Department of Energy, I’ve witnessed the highs and lows of nuclear power in America. Now, with President Trump back in office, there’s an opportunity to not just revisit but truly revolutionize our approach to nuclear energy, particularly by closing the nuclear fuel cycle. This isn’t about starting […]

Two much-watched advanced nuclear fuel technology companies—Oklo and Lightbridge—will consider co-locating their commercial metallic fuel fabrication facilities to explore synergies and potentially accelerate innovation across the nuclear supply chain. Under a Jan. 28–announced memorandum of understanding (MOU), the companies plan to conduct a feasibility study that will explore co-locating a Lightbridge Commercial-scale Fuel Fabrication Facility […]

The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades to energy infrastructure. The DOE’s Loan Programs Office (LPO) on Jab. 16 said it had given a $1.66 billion loan guarantee to Plug Power’s subsidiary, […]