Markets
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Nuclear
Analyst Says Nuclear Industry Is ‘Totally Irrelevant’ in the Market for New Power Capacity
Nuclear power has consistently provided about 19% to 20% of total annual U.S. electricity generation since 1990. It provides significant amounts of electricity in many other countries as well. According to data from The World Nuclear Industry Status Report (WNISR), a total of 414 reactors were operating in 32 countries, as of July 1, 2024. […]
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Trends
Energy Evolution: What Technologies Are Leading the Way Today
It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are constantly new
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Wind
Measuring the Prospects for Wind Energy in 2024 and Beyond
The wind energy industry has been on an exponential growth curve for more than a decade. POWER looks at the drivers behind the growth and predictions for the future. Nearly 200 countries made major collective
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Nuclear
Framatome, TerraPower to Develop HALEU Deconversion Pilot Line
(Updated—June 1, 2024): Framatome and TerraPower will team to design and develop a pilot line for high-assay low-enriched uranium (HALEU) metallization, a crucial deconversion process, at Framatome’s nuclear fuel manufacturing facility in Richland, Washington. The pilot line, which will convert uranium oxide into HALEU metal, is scheduled to be ready for testing in early 2025, […]
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Nuclear
White House Launches Initiatives to Bolster New Nuclear Deployments
The White House has unveiled a suite of new measures aimed at slashing risks associated with new nuclear reactor development and construction, underscoring its policy push to champion nuclear. At a May 29 White House summit that showcased recent policy developments and industry investments, the Biden administration announced the formation of a nuclear working group […]
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News
NERC: Summer Grid Outlook Improved But Still Vulnerable to Extreme Weather, Demand Growth Spikes
All regions across the bulk power system (BPS) are generally prepared to meet resource adequacy criteria to meet normal peak demand this summer, but ongoing concerns about extreme weather events, rapid demand growth, and systemic vulnerabilities still pose significant risks for supply shortfalls and grid reliability, the North American Electric Reliability Corp. (NERC) has warned. […]
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Legal & Regulatory
How Regulatory Burdens and Misguided Incentives Are Degrading Power System Reliability
It’s no secret that the U.S. electric power system has undergone a remarkable transition that continues today. Coal-fired generation, which was the leading source of power generation during the 20th century, often providing more than half of the country’s electricity supply, fell to about 16.2% of the mix in 2023. Meanwhile, the U.S. solar market […]
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Energy Security
Historic Solar Storm Spurs PJM to Extend Geomagnetic Disturbance Warning
Grid operator PJM Interconnection has issued a geomagnetic disturbance (GMD) warning after observing “persistent geomagnetically induced current (GIC) at multiple stations” late on Friday. PJM initially issued a GMD warning on May 10 to generators and transmission operators that an ongoing severe solar storm could affect its system between 1:48 p.m. and 9 p.m. on […]
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Legal & Regulatory
States, Trade Groups Sue EPA Over New Fossil Fuel Rules
More than two dozen states and a handful of trade groups filed separate lawsuits in the U.S. Court of Appeals for the D.C. Circuit, challenging parts of the Environmental Protection Agency’s (EPA’s) suite of new final environmental regulations targeting fossil-fired power plants. The challenges respond to the publication in the Federal Register on May 9 […]
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Nuclear
Congress Approves Ban on Imports of Enriched Uranium From Russia
The U.S. Senate on April 30 passed—by unanimous consent—a bill to ban imports of unirradiated low-enriched uranium (LEU) produced in Russia. The bill now heads to the president’s desk for signature into law. The Senate passed the Prohibiting Russian Uranium Imports Act (H.R. 1042), which the House of Representatives passed (also by unanimous consent) by […]