Nuclear

POWER‘s monthly infographic sheds light on power sector trends globally, and in 2015, it highlighted changes in plant retirements, sector revenues, rule costs, workforce, emissions technologies, and electricity costs, among other subjects. January 2015: Baseload Retirements How coal plant retirements compare with retirements of other baseload generation sources. February 2015: Power Revenues How revenues for fossil power […]

The Wylfa Nuclear Power Station—the last operating Magnox reactor in the world—came offline permanently on Dec. 30. Located in Anglesey, an island off the northwest coast of Wales in the UK, the plant entered service in 1971. Originally constructed with two 490-MW units, only Reactor 1 has been operating since 2012. The UK pioneered the […]

Russia and India will finalize a deal for Units 5 and 6 of the Kudankulam nuclear plant during Prime Minister Narendra Modi’s visit to Moscow this week, according to reports in the Indian media. Russia has been on a major drive to sell its nuclear technology abroad, while India has been on a similar campaign […]

North America’s reserve margins are trending downward, even though electricity demand has generally fallen, the North American Electric Reliability Corp. (NERC) warned in a new report. The international regulatory authority established to gauge and improve the reliability of North America’s bulk power system (BPS) said in its annual long-term report that electricity demand has dropped […]

In a major boost to the wind and solar industries, Congressional leaders agreed on a multiyear extension of renewable energy tax credits, which could provide several years of predictable policies, encouraging investment in new projects. The tax credits are part of a 2,009-page omnibus-spending bill unveiled by the House Appropriations Committee on Dec. 15. The […]

FirstEnergy Corp., which may enter into a settlement with Ohio to safeguard the future of its Davis-Besse nuclear plant—a deal critics have blasted as “corporate welfare”—just got the Nuclear Regulatory Commission’s permission to operate the 1978-built reactor until 2037. The 20-year license extension marks a milestone for Akron-headquartered FirstEnergy, which has warned it might have […]

Shaken financially by low natural gas prices and subsidized renewables, the nuclear industry has launched a new initiative to reduce nuclear power plant operating costs to make them more economically viable. Industry group the Nuclear Energy Institute (NEI) said on Dec. 8 it is coordinating a multifaceted effort in tandem with member utilities, the Institute […]

The power sector should view the Environmental Protection Agency’s (EPA’s) recent drive to tighten regulations on air and water emissions as an opportunity to improve its efficiency and environmental footprint rather than as an obstacle, said EPA General Counsel Avi S. Garbow at POWER magazine’s inaugural conference on legal issues in the generation industry. “We want […]

Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]

Editors note: Corrected (Dec. 7). A previous version of this infographic listed Russia’s nuclear total as 1.9 GW. It is 2.9 GW.

A regional haze program final rule for Texas expected soon from the Environmental Protection Agency (EPA) could speed up the retirement of about 4.7 GW of coal-fired capacity, warns the Electric Reliability Council of Texas (ERCOT) in a new generation outlook. The grid operator’s Dec. 1–released “Report on the Capacity, Demand and Reserves (CDR) in […]

Florida’s Seminole Electric Cooperative faces what may be the most difficult generation transition in the nation as a result of the Obama administration’s Clean Power Plan. One of the nation’s largest generation and transmission rural electric cooperatives, Seminole owes its origins and its current position primarily to a single coal-fired plant. When electric utility veteran […]

Germany’s nuclear power–producing companies will be able to shoulder the costs of the nuclear phase-out—including costs for decommissioning and the disposal of radioactive waste. That’s according to

GE Completes Alstom Acquisition. GE announced on Nov. 2 that a $10.6 billion deal to acquire Alstom ’s power and grid business is complete. Alstom will now entirely refocus its activities on rail transport

In a major speech setting out the future direction of the UK’s energy policy, Energy and Climate Change Secretary Amber Rudd announced plans to restrict the use of the country’s coal-fired power stations by 2023 and close all of the facilities by 2025. “Frankly, it cannot be satisfactory for an advanced economy like the UK […]

Another month, another premature nuclear plant retirement. About two weeks ago, Entergy finally threw in the towel on the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y., a move that came as a surprise to exactly no one who has been paying attention to the merchant nuclear business in the U.S. the past few […]

Several experts, meeting in Washington on Nov. 6 for the White House Summit on Nuclear Energy, agreed that more nuclear power is needed if the world hopes to minimize the effects of climate change and limit the increase in average temperatures around the globe. The Two-Degree-C Scenario William D. Magwood IV, director-general of the Organisation […]

Falling power and gas prices will impact the operating cash flows of unregulated U.S. utilities in 2016, but regulated utilities will see a more stable outlook owing to a supportive regulatory environment, Moody’s Investors Service said in a new analysis of fundamental business conditions released on Nov. 6. Moody’s changed its 2016 industry outlook for […]

  Dominion subsidiary Dominion Virginia Power on Nov. 6 became the first U.S utility to notify the Nuclear Regulatory Commission (NRC) of its intent to file a second license renewal application for one of its nuclear plants. Dominion intends to seek a 20-year extension for the two-unit, 1,676-MW Surry Power Station in Virginia. The announcement […]

Entergy Corp. said on Nov. 2 that it would retire the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y., at the end of its current fuel cycle due to the facility’s “continued deteriorating economics.” The plant—located in Oswego County on the southeast shore of Lake Ontario—is an 838-MW boiling water reactor commissioned in July […]

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]

Levelized Cost of Electricity

Generation III nuclear reactors have not shown much ability to overcome the weaknesses of conventional Gen-II light-water reactor technology, offering at best evolutionary approaches. Is there room for a more revolutionary approach? Many parties are exploring new technologies, but it’s impossible to tell which, if any, will succeed. Last August, Andy Revkin, The New York […]

AREVA has installed the first-ever boiling water reactor (BWR) assemblies in the U.S. that features an 11×11 fuel rod array, the French nuclear giant revealed this September. The new fuel design, the ATRIUM 11, has been used to produce power at two nuclear plants since April, though AREVA declined to name the reactors. However, the […]

Begun with grand ambitions in the early 1980s, the second unit at Argentina’s Atucha site ran smack into the country’s economic crises in the following decade. But a determined crew brought the project to completion after a 13-year hiatus through a focus on rebuilding the nation’s nuclear labor force. As with many other nations in […]

The nearly 4-GW, three-unit Palo Verde Nuclear Generating Station remains the largest generator of electricity in the U.S. for the 23rd consecutive year, producing more than 30 million MWh in 2014, for the 10th time (the only plant in the U.S. to do so), all while using only treated wastewater for cooling. Palo Verde Nuclear […]

There has been a major shake up in the contractors involved in both of the new AP1000 nuclear power plant projects under construction in the U.S. Westinghouse Electric Co. LLC, a group company of Toshiba Corp., announced on Oct. 27 that it signed a definitive agreement to acquire CB&I Stone & Webster Inc., the nuclear […]

For the first time in nearly 20 years, the Nuclear Regulatory Commission (NRC) has issued an operating license for a new nuclear power plant. The 40-year license was issued to the Tennessee Valley Authority (TVA) for the long-overdue Watts Bar Unit 2 reactor on Oct. 22. The Watts Bar plant is located about 10 miles […]

The Department of Energy’s (DOE’s) authority to issue loan guarantees officially received a $1 billion boost, which will be split between its Advanced Fossil Energy Projects solicitation and Renewable Energy and Efficient Energy Projects solicitation.  The agency has finalized the additional loan guarantee authority that President Obama announced in August. It means that more loan […]

Westinghouse Electric wants the UK to partner in the deployment of its small modular reactor (SMR) technology.  The Toshiba Corp. group on Oct. 20 submitted an unsolicited proposal that outlines a ““shared design and development model” under which Westinghouse would contribute its small modular reactor conceptual design and then partner with UK government and industry […]