Nuclear
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Press Releases
Framatome Acquiring Instrumentation and Control Nuclear Business of Schneider Electric
CHARLOTTE, North Carolina (January 18, 2018) — Framatome today announced an agreement with Schneider Electric to acquire Schneider’s nuclear automation business. The two companies recently signed an asset purchase agreement that outlines the terms of the sale, which is expected to close before the end of the first quarter of 2018. The acquisition expands Framatome’s […]
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History
Test Your Knowledge: Power History
The history of power generation is long and convoluted, marked by myriad technological milestones—conceptual and technical—from hundreds of contributors. Many accounts begin power’s story at the demonstration of electric conduction by Englishman Stephen Gray, which led to the 1740 invention of glass friction generators in Leyden, Germany. This quiz is designed to test your knowledge […]
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Renewables
Report: Clean Energy Investments Hit $333.5 Billion in 2017
Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]
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Legal & Regulatory
CPUC Backs PG&E Plan to Retire Diablo Canyon Nuclear Plant
California regulators have approved Pacific Gas & Electric’s (PG&E’s) application to retire the Diablo Canyon nuclear plant by year-end 2025, ending a protracted battle over the generating station that pitted local economic interests against environmentalists and other opponents of nuclear power. The state Public Utilities Commission (CPUC) on January 11 voted unanimously to accept PG&E’s […]
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Renewables
EIA Report: Gas-fired Generation Will Continue to Outpace Coal
The U.S. Energy Information Administration (EIA) released its first look at expected power generation in 2019, and its conclusions are much the same as those it expects in 2018—the use of natural gas to produce electricity will continue to rise, and the use of coal will continue to decline. EIA’s Short-Term Energy Outlook, released January […]
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Nuclear
Several Milestones Reached at Nuclear Power Projects Around the World
The world’s nuclear power industry has been busy in the new year, with several construction projects reaching key milestones as 2018 began. EPR Units Making Progress Four EPR nuclear units are under construction in three countries: Olkiluoto 3 in Finland began construction in August 2005, Flamanville 3 in France began construction in December 2007, and […]
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Legal & Regulatory
FERC Rejects DOE’s Proposed Grid Resiliency Rule
The Federal Energy Regulatory Commission (FERC) has rejected the Department of Energy’s (DOE’s) controversial proposed rule on grid reliability and resilience pricing, initiating instead a new proceeding that will examine the resilience of the bulk power system. The DOE’s “Grid Resiliency Pricing Rule” proposed on Sept. 29 directed FERC—an independent regulatory government agency that is […]
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Commentary
Commentary: Pressing Forward With Vogtle, a Nuclear MVP
Georgia wasn’t looking for an award or recognition when we set out to build new nuclear reactors in our state. Yet we now find ourselves as the last team on the field as our commissioners unanimously voted to move forward with a new cost and schedule for the Plant Vogtle new nuclear units—keeping the project […]
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Nuclear
Brookfield Business Partners to Acquire Westinghouse from Toshiba Corp.
Westinghouse Electric Co., a company that is emerging from a bankruptcy stemming from the half-built AP1000 reactor projects in Georgia and South Carolina, is to be acquired from Toshiba Corp. by business services and industrials company Brookfield Business Partners. Brookfield, a company of Toronto-headquartered Brookfield Asset Management, announced on January 4 that it entered into […]
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Legal & Regulatory
Despite New Jersey Senate Vote on Nuclear Subsidies, Bill May Not Clear Lame-Duck Session
New Jersey’s full Senate is scheduled on January 4 to vote on a bill to subsidize two of the state’s nuclear power plants. However, industry observers posit that the measure won’t clear the full Assembly before the state legislature’s lame-duck session ends on January 9. S.3560 was introduced on December 14 after a preliminary hearing earlier […]
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