Markets

Siemens Energy may be poised to become a crucial equipment and consulting partner for Oklo’s Aurora powerhouse, a liquid metal-cooled fast nuclear reactor. A memorandum of understanding (MOU) Oklo unveiled on Dec. 19 designates Siemens Energy to become Oklo’s potentially preferred supplier for the rotating equipment in the conventional island of the Aurora powerhouse, including […]

Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]

Have you noticed more electric vehicles (EVs) driving around your neighborhood? According to Kelley Blue Book’s “Electric Vehicle Sales Report Q3 2023,” EV sales volume in the U.S. set a new record in

The effort to electrify vehicles is a growing trend sweeping through America. The task is expensive enough to keep it from ever being quick. Still, funding is available from numerous sources and the commitment to accomplish what would once have seemed impossible is obvious. One of the largest vehicle fleets in the country is the […]

Rooted in the birth of the UK’s energy industry, National Grid’s operations have traversed critical periods of the energy industry’s tumultuous history. While it is today one of the world’s largest

European Union (EU) electricity markets appear to be successfully bucking their reliance on Russian gas. Several recent reports point to improved market fundamentals in the region, suggesting the region is on

PORTLAND, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report). The inaccurate and deceptive “research” is riddled with speculative statements with no basis in fact and demonstrates a limited understanding of small modular nuclear reactors […]

Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), the policy organization of the nuclear technologies industry, suggested a bipartisan majority in Congress recognizes the importance of nuclear energy and has supported the industry with unprecedented levels of funding. As an example, Korsnick pointed to the Bipartisan Infrastructure Law, which provided a $6 […]

Six nuclear designs will advance to the next phase of the UK’s Small Modular Reactor (SMR) competition, a fast-track measure that could result in a government contract within the next 10 months as part of a strategy to deliver operational SMRs by the mid-2030s. EDF, GE-Hitachi Nuclear Energy (GEH), Holtec Britain, NuScale Power, Rolls Royce SMR, […]

The Southwest Power Pool (SPP) is poised to become the first regional transmission organization (RTO) to provide coordinated operation across the Eastern and Western Interconnections, bridging a historic gap to potentially boost regional reliability, savings, and efficiencies. SPP, which has operated as an RTO since 2004, currently has 110 member companies in its Eastern Interconnection […]