Nuclear
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Markets
Distress and Deals Continue to Persist in Energy Sector
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]
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News
Researchers: $71 Billion of Japan’s Coal Assets at Risk
Research from the University of Tokyo, along with that of two other groups, shows Japan’s coal-fired power plant fleet is at economic risk as the country adds more generation from renewable energy resources such as solar and wind. The report, called “Land of the Rising Sun and Offshore Wind,” released Oct. 6 and based on […]
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Nuclear
Last Major Module Received at Vogtle Nuclear Site
The final major module needed to construct Vogtle Units 3 and 4—the only new commercial nuclear power units currently under construction in the U.S.—has arrived at the site near Waynesboro, Georgia. That means all 1,485 major modules have been manufactured and safely delivered to the project. Georgia Power announced the milestone in a press release […]
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Press Releases
Final Major Module for Georgia Power’s Vogtle 3 & 4 Nuclear Project Arrives Onsite
The final major module for construction of the Vogtle 3 & 4 units has arrived onsite, meaning all 1,485 major modules required to complete construction have now been manufactured and safely delivered. The arrival of the final major module marks the completion of sourcing construction modules from 25 suppliers and vendors from around the globe. […]
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News
Reports: Perry Will Resign as Head of DOE
Reports from several news outlets say that Energy Secretary Rick Perry could step down from that role as soon as November. The Washington Post on Oct. 4 said Perry plans to step down by year-end and return to the private sector. The Post cited four unnamed individuals who it said had been briefed on Perry’s […]
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Nuclear
Small Modular Reactors Gain Momentum in Europe
GE Hitachi Nuclear Energy (GEH) and NuScale Power, two leading companies in the race to build small modular reactors (SMRs) for power generation, have recently announced deals that could result to new plants being constructed in Europe. Feasibility Studies in Estonia GEH on Oct. 3 said it had signed an agreement with Fermi Energia OÜ, […]
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News
EIA: Renewables Will Account for Half of Global Power Generation by 2050
Solar power is expected to take a larger share of global power generation across the next 30 years, according to the U.S. Energy Information Administration (EIA), as renewable energy continues to be adopted worldwide. The EIA’s International Energy Outlook 2019 (IEO2019), released Oct. 2, shows 28% of the world’s power came from renewables in 2018, […]
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Nuclear
TITAN-2 and Framatome-Siemens Consortium sign contract for HANHIKIVI-1 NPP main I&C supply
CONCERN TITAN-2 JSC, contractor for building and supply of equipment for Hanhikivi-1 NPP construction, has signed today a contract with Framatome-Siemens, the French-German consortium, to supply Main Instrumentation and Control (I&C). The signature followed a competitive procedure with the participation of international companies that are market leaders in the field of integrated I&C solutions at […]
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News
Investing in African Energy—Weighing Risks and Rewards
Foreign energy companies are investing in Africa as that continent builds out its power generation infrastructure. But there are risks to those investments, as some governments—Angola, Tanzania, and Libya
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O&M
Improving Field Operations with New Technologies
Utilizing new technologies in today’s business environment is a necessity for operations leaders looking to optimize their resources. Smartphones, GPS, radio-frequency identification (RFID), on-demand/cloud
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News
POWER Digest—October 2019
First Unit at 2-GW Coal Plant in Malaysia Begins Operation. The first of two proposed 1-GW coal-fired power plants in Port Dickson, Negi Sembilan, Malaysia, began commercial operation on Aug. 22, expanding
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News
A Busy Summer for New Nuclear Power Plants
Several new nuclear plants around the world marked important milestones over the summer. Among notable projects are those that began second units of new third-generation reactor designs—such as the EPR
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Research and Development
DYNAMIC to perform the ITER Tokamak Assembly (TAC2)
The ITER Organization has awarded a contract, for a global value above 200 M€, for the Tokamak Assembly (TAC2) to DYNAMIC, a company created specifically for the purpose of guaranteeing the seamless execution of the work by the collective contributions of its founding members: Ansaldo Nucleare, Endel Engie, Orys Group ORTEC, SIMIC, Leading and Ansaldo […]
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News
Westinghouse Will Acquire Rolls-Royce’s Civil Nuclear Business
Westinghouse Electric Co. will acquire Rolls-Royce’s Civil Nuclear Systems and Services businesses in North America for an undisclosed amount under a “definitive agreement” announced on Sept. 26. The transaction, which is subject to customary closing conditions and regulatory approvals, will see Westinghouse absorb Rolls-Royce’s civil nuclear service businesses in the U.S. and Canada, along with […]
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Nuclear
NuScale Partners with ČEZ to Explore SMR Deployment in the Czech Republic
The companies will share technical expertise and explore potential of NuScale’s SMR as a long-term clean energy option for ČEZ PORTLAND, Ore. — Today, NuScale Power announced that it has signed a memorandum of understanding (MOU) with ČEZ Group, a leading Czech utility conglomerate, to explore applications for NuScale’s small modular reactor (SMR) as a […]
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Nuclear
Nuclear Performance Improves, but More Reactors Needed
“The world’s nuclear plants continue to perform excellently,” Agneta Rising, director general of the World Nuclear Association, wrote in the preface to the recently released World Nuclear Performance Report 2019. Yet, if the nuclear industry is to reach its “Harmony” goal, which is for nuclear generation to supply 25% of the world’s electricity before 2050, […]
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Nuclear
Curtiss-Wright Debuts NRC-Approved Digital Safety Platform
BREA, CA – Curtiss-Wright Corporation has announced the expansion of its digital control systems portfolio with the addition of the Curtiss-Wright Digital Safety System. Built on the Nuclear Regulatory Commission (NRC)-approved RadICS platform, the Digital Safety System is fully-qualified for nuclear safety-related applications. Curtiss-Wright’s Digital Safety System is an internally diverse, fully-qualified field programmable gate […]
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Nuclear
Framatome successfully completes feedwater heater replacement at Palo Verde Generating Station
Framatome successfully completed the first of 12 low-pressure feedwater heater replacements at Arizona Public Service’s Palo Verde Generating Station Unit 1 on an expedited schedule during the spring 2019 outage. The remaining replacements will take place over a more than seven-year campaign. “It is rewarding to bring our latest technologies and expertise to support Palo […]
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Press Releases
Schneider Electric Cuts Five Years from its Carbon Neutrality Goal, Establishing Roadmap for the Carbon Neutral World
New York City (September 23, 2019) — Schneider Electric announced today at Climate Week NYC 2019 that it is drastically stepping up its commitment to carbon neutrality with three new actions: (1) accelerating its 2030 goal of carbon neutrality by demonstrating carbon neutrality in its extended ecosystem by 2025, bringing forward its objective by 5 years […]
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News
Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050
Two formidable U.S. coal power generators this week separately revised their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but it […]
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News
Nine Utility Companies Suing Trump Over Emissions Rule
A coalition of nine utility companies is suing the Trump administration over its plan to replace the Obama-era Clean Power Plan. New York-based Consolidated Edison said the Affordable Clean Energy, or ACE, rule undermines efforts the companies already have in place to cut greenhouse gas emissions from power generation. The companies, who call their group […]
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News
Exelon’s Byron 2 Completes First Insertion of Westinghouse Accident-Tolerant Fuel
Exelon’s Byron Unit 2 nuclear power plant has completed installation of EnCore Fuel, Westinghouse Electric Co.’s accident-tolerant fuel (ATF) solution, marking the start of the first test of uranium silicide fuel pellets in a commercial nuclear reactor. The installation, completed during the plant’s scheduled 18-day spring refueling outage this April, but publicly announced on Sept. […]
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News
Three More Nuclear Plant Owners Will Demonstrate Hydrogen Production
FirstEnergy Solutions (FES), Xcel Energy, and Arizona Public Service (APS) will demonstrate hydrogen production at three nuclear plants they own starting in 2020 and 2021. The projects, selected as part of the Department of Energy’s (DOE’s) Office of Nuclear Energy’s Advanced Reactor Development Project funding pathway, aim to improve long-term competitiveness of the nuclear sector […]
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News
PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion
Pacific Gas & Electric (PG&E) wants to cap its liabilities from damages caused by California wildfires at about $18 billion, according to the reorganization plan filed by the bankrupt utility September 9 in federal court in San Francisco. The amount is less than half what creditors, including insurance companies and wildfire victims, say they are […]
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News
PG&E Seeking $14 Billion in Restructuring Plan
Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history. Bloomberg on […]
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News
2018 Exceptional Year for Nuclear Power Firsts
Last year, five of the world’s 449 operable nuclear reactors reached 50 years of operation for the first time, four first-of-their kind reactor designs were brought online, and while the industry showed capacity factor impacts from load-following, the global nuclear fleet performed at an average capacity factor of about 80%, says a new report from […]
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News
Report: Gas-Fired Generation Will Rise in Pennsylvania as Coal, Nuclear Decline
Power generation from natural gas is expected to rise in Pennsylvania over the next few years, according to the state Public Utility Commission’s (PUC’s) annual report on generation and transmission and distribution capacity released in late August. The PUC’s “Electric Power Outlook for Pennsylvania 2018-2023” report made public last week projects gas-fired power generation will […]
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News
How Net Generation Has Changed in States with Renewable Portfolio Standards
As of August 2019, 29 U.S. states and the District of Columbia had renewable portfolio standards (RPSs), and eight others had non-binding renewable portfolio goals. Three states also had clean energy standards, which set targets for low-carbon non-renewables, like nuclear, and two had clean energy goals. Our monthly infographic in September 2019 shows how shares for each […]
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News
THE BIG PICTURE: Renewable Portfolio Standards
As of August 2019, 29 U.S. states and the District of Columbia had renewable portfolio standards (RPSs), and eight others had non-binding renewable portfolio goals. Three states also had clean energy standards, which set targets for low-carbon non-renewables, like nuclear, and two had clean energy goals. Shown in the bars below are the shares of generation by source […]
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News
POWER Digest—September 2019
Kenya Launches Africa’s Largest Wind Farm. Kenya in July began operating the 310-MW Lake Turkana Wind Power (LTWP) facility, which the government said is Africa’s largest wind power farm. The LTWP project