Nuclear

Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]

Additional Diablo Canyon Power Plant Proposal Affirms PG&E’s Commitment to Meet California’s Renewable and Clean Energy Goals SAN FRANCISCO–(BUSINESS WIRE)–Reflecting the company’s commitment to address the growing threat of wildfires, PG&E is proposing a series of important additional safety investments as part of its 2020 General Rate Case (GRC) to help further protect the 16 […]

In a move widely applauded by the power industry, the Environmental Protection Agency (EPA) and Department of the Army proposed a new definition of “waters of the U.S.” (WOTUS) that could exempt groundwater and ditches from regulation under the Clean Water Act (CWA).  The measures follow other recent significant regulatory actions by the agency. On […]

Siemens on December 11 said it would lay off about 200 workers at a gas turbines parts and components service center in Houston, Texas, sometime in late 2019 or early 2020. A company spokesperson made the announcement Tuesday, saying the cuts are due to weak global demand for the company’s turbines. Siemens in a statement […]

WILMINGTON, North Carolina—December 10, 2018—GE Hitachi Nuclear Energy (GEH) announced today its intent to acquire the business and certain assets of REI Nuclear, LLC (REI Nuclear), a Columbia, South Carolina-based decommissioning technology and tooling design company. Subject to ongoing discussions, the acquisition is expected to close by the end of 2018. REI Nuclear specializes in […]

The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]

Wood has won a major contract from Magnox Ltd to retrieve, process and dispose of radioactive waste from a UK nuclear power station that is being decommissioned. The construction, design and management project will involve the removal of 47m³ of radioactive wet waste stored in tanks at Dungeness A in Kent, which ceased generating in […]

The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]

The two-unit Vogtle expansion in Georgia faces major challenges that are poised to derail its schedule and ramp up costs—and the project is already behind schedule, a consulting firm tasked with construction oversight of the project told regulators. In revealing testimony filed with the Georgia Public Service Commission’s (PSC’s) public interest advocacy staff on November […]

Fifteen notable industry groups have urged Congressional leaders to act on the federal used nuclear fuel program, noting no progress on the Yucca Mountain repository license application and consolidated interim storage is “untenable.” The broad coalition of labor unions, state public service commissioners, clean energy organizations, and energy trade associations told U.S. House and Senate […]