Nuclear
-
Nuclear
Diablo Canyon Nuclear Plant: Solid as a Rock or Ready to Crumble?
Although the official title of the U.S. Senate Environment and Public Works Committee hearing on Dec. 3 was “[Nuclear Regulatory Commission’s] Implementation of the Fukushima Near-Term Task Force Recommendations and other Actions to Enhance and Maintain Nuclear Safety,” much of the testimony focused on possible seismic problems in and around the Diablo Canyon nuclear power […]
-
Renewables
[UPDATED] Viewpoints on the EPA’s Clean Power Plan Abridged
The Environmental Protection Agency’s (EPA’s) proposed carbon rules for existing power plants amassed more than 1.6 million remarks before the public comment period ended on Monday. Here’s a snapshot of what states, regulators, industry groups, and environmental alliances told the agency about its Clean Power Plan. States Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, […]
-
Renewables
E.ON to Spin Off Its Power Generation Business
E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]
-
Nuclear
Nuclear Power’s Present and Future
William D. Magwood, IV, formerly head of the U.S. Department of Energy’s Office of Nuclear Energy and commissioner at the U.S. Nuclear Regulatory Commission, and current director-general of the Organisation
-
Commentary
The NRC’s Collision Course
When Allison MacFarlane, the outgoing chairman of the U.S. Nuclear Regulatory Commission (NRC), abruptly announced her retirement in mid-October—leaving with almost four years left on her term—her stated
-
Commentary
Nuclear Power Pivot Points
“Pivoting” is a popular business buzzword, particularly in the context of startups, which often quickly change strategic direction. The global nuclear industry isn’t exactly a startup, but it is at or
-
Nuclear
France Moves to Bid Adieu to Nuclear Dependency
France, which counts on nuclear energy for roughly 75% of its power needs and is a leading nuclear technology exporter, has embarked on an energy transition to substantially diminish its reliance on nuclear
-
Renewables
China’s Latest Energy Plan Calls for Coal Consumption Cap
China on Wednesday issued a key energy strategy that sets obligatory 2020 targets for renewables and nuclear power use and urges increased natural gas consumption—but which also caps coal consumption. The State Council’s Energy Development Strategy Action Plan covers the period between 2014 and 2020. It caps annual energy primary consumption at 4.8 billion metric […]
-
Renewables
Power Sector Fossil Fuel Revenues Decrease While Renewable Energy Grows Rapidly
The U.S. Census Bureau released data on Nov. 18 showing that revenues for electric power generation industries that use renewable energy resources grew 49% from 2007 to 2012, while fossil fuel electric power generation industry revenues decreased 6.7% during the same time period. Fossil fuel revenues continued to dwarf renewable totals, bringing in $79.7 billion […]
-
Renewables
IEA: 40% of World’s Power Fleet Will Need to Be Replaced by 2040
Events over the past year—turmoil in the oil-rich Middle East and the Russian-Ukraine gas crisis—along with uncertainty for nuclear power and pervading energy poverty worldwide show that the energy system is “under stress,” the International Energy Agency (IEA) says in its freshly released World Energy Outlook 2014 (WEO-2014). Despite technology and efficiency improvements, without actions […]
-
Nuclear
Japan OKs Restart of First Two Nuclear Units, New Delay at Rokkasho Reprocessing Plant
Kyushu Electric Power Co.’s twin Sendai nuclear units in Japan’s Kagoshima Prefecture on Nov. 7 got the government’s green light to restart. Once back online, likely in 2015, the units will be the first to restart of Japan’s 48 reactors that were shuttered for safety checks following the March 2011 Fukushima accident. Kagoshima Prefecture Governor Yuichiro […]
-
Legal & Regulatory
Nuclear Plants on the Edge Could Benefit from Clean Power Plan
A couple of recently released reports offer some hope for the future of nuclear power plants operating on the fringe of profitability. Moody’s Investors Service suggests that the U.S. Environmental Protection Agency’s (EPA’s) Clean Power Plan “could increase the value of nuclear power as a non-carbon emitting generation source.” In its report, “Environmental Mandates and […]
-
Renewables
B&W to Spin Off Power Generation from Nuclear Business
On Nov. 5, The Babcock & Wilcox Co. (B&W) announced that its board of directors has unanimously approved a plan for the tax-free spin-off of the company’s power generation business to B&W’s shareholders, in the process forming two independently traded companies. In its third-quarter earnings call the following day, company executives emphasized that the two […]
-
Nuclear
THE BIG PICTURE: China’s Nuclear Ambitions
With 40% of the world’s reactor’s under construction, China’s nuclear ambitions are vast and include a full-integrated domestic supply chain.
-
Renewables
Ontario’s Long Term Energy Plan in Action
The decision to eliminate coal-fired power plants and the implementation of an aggressive feed-in tariff program puts Ontario’s electricity system in the spotlight. Download a pdf of this sponsored report, written by Global Business Reports: GBR_ONTARIO_PWR_1114_sm
-
Nuclear
Spent Nuclear Fuel: Is Off-Site Storage Now Off the Agenda?
The Nuclear Regulatory Commission’s recent “waste confidence” ruling, which declares storage of spent fuel at reactor sites safe indefinitely, could fundamentally undercut the decades-long U.S. policy of seeking an off-site, permanent burial site for high-level nuclear waste. A five-decades-old goal of the U.S. nuclear power industry, its regulators, and the Department of Energy (DOE)—permanent, off-site […]
-
Nuclear
Top Plant: Kudankulam Atomic Power Project, Unit 1, Kudankulam, Tamil Nadu, India
Think your nuclear plant faced delays and obstacles? India’s Kudankulam project, Unit 1 of which begins commercial operation this month, spent 26 years in development and construction and faced down obstacles that included a seven-month blockade by protesters to become the nation’s largest nuclear plant. There are power plant projects that seem to drag on […]
-
Nuclear
Top Plant: Hongyanhe Nuclear Power Plant, Liaoning Province, China
While other countries move to reduce or eliminate nuclear generation, China has been rapidly expanding it. With 27 reactors under construction, its installed nuclear capacity is expected to more than double by 2020. The Hongyanhe facility is one example of nuclear’s growth in China and represents multiple firsts. China is powering up. The country’s generation […]
-
Nuclear
Improved Resin Material Boosts Capture of Cobalt at Nuclear Plants
The Electric Power Research Institute (EPRI) has teamed with Purolite Corp. to begin the commercial manufacture of a new resin for removing radioactive elements from the internal water streams of nuclear power plants. The resin, called CoSeq, increases the amount and efficiency of cobalt (Co) removal compared to conventional resins. In-plant demonstrations have shown that […]
-
Nuclear
Sweden to Consider Nuclear-Free Future
Sweden is reconsidering phasing out nuclear power in favor of a 100% renewables power mix. The country’s 10 operating nuclear power plants produce about 40% of the Scandinavian country’s power. The remainder mostly comes from hydropower, depending on the season. The fourth-largest country in the European Union, Sweden’s electricity consumption has been gradually rising. Sweden […]
-
Nuclear
Vietnam Delays Nuclear Power Plant Construction
Vietnam won’t begin work on its first of eight planned nuclear power plants until at least 2020 or 2022 to ensure safety, the country’s Trade Ministry announced in September. Russia’s state-owned nuclear company Rosatom was expected to begin construction of the first two-reactor plant in the south-central province of Ninh Thuan at the end of […]
-
Nuclear
DOE Announces Awards for Advanced Nuclear Power Reactors
The U.S. Department of Energy (DOE) has announced five awards to a total of five companies that are designed to help advance key nuclear energy research and development projects supporting advanced reactor technologies. The awards were framed as being part of the administration’s Climate Action Plan and are part of a DOE program launched in […]
-
Commentary
William D. Magwood, IV on Nuclear Power’s Present and Future
William D. Magwood, IV, formerly head of the U.S. Department of Energy’s Office of Nuclear Energy and commissioner at the U.S. Nuclear Regulatory Commission and current director-general of the Organisation for Economic Co-operation and Development (OECD) Nuclear Energy Agency (NEA), spoke with POWER Editor Gail Reitenbach on October 16 at the World Nuclear Exhibition outside […]
-
Legal & Regulatory
States Challenge NRC’s Spent Nuclear Fuel Storage Rule
The Nuclear Regulatory Commission’s (NRC’s) final rule governing long-term spent nuclear fuel storage onsite at U.S. power plants is illegal and should be overturned, the attorneys general of New York, Connecticut, and Vermont claim in a legal challenge filed on Monday. In a petition filed with the U.S. Court of Appeals for the D.C. […]
-
Nuclear
Finland EPR Dispute Gets Costlier
The AREVA-Siemens consortium that is building the Olkiluoto 3 nuclear reactor in Finland, and the plant’s owner, Finnish utility Teollisuuden Voima Oyj (TVO), have again increased claims and counterclaims for billions of dollars in costs and losses, which they say are caused by delays afflicting the world’s first EPR project. At the end of 2003, TVO […]
-
Nuclear
NRC Chairman Macfarlane Stepping Down
Allison M. Macfarlane, chairman of the Nuclear Regulatory Commission (NRC), announced on Oct. 21 that she will leave the NRC effective Jan. 1, 2015, to take a position at George Washington University. Macfarlane took over the chair in July 2012—completing the last year of Dr. Gregory Jaczko’s term—and was confirmed for a second term in […]
-
Nuclear
Entergy: $1.24B Is Needed to Decommission Vermont Yankee Nuclear
Decommissioning the Vermont Yankee nuclear plant will cost up to $1.24 billion, owner Entergy Corp. said in a study submitted to Vermont regulators on Friday. Entergy Nuclear Vermont Yankee (ENVY) plans to shutter the reactor in late 2014. The decision to close the plant stems from a settlement agreement negotiated by several Vermont state agencies […]
-
Nuclear
NRC Deems Nuclear Waste Storage at Yucca Mountain Safe
The stalled Yucca Mountain permanent nuclear waste repository will meet regulatory requirements when permanently closed, the Nuclear Regulatory Commission (NRC) has found in a long-awaited safety evaluation report (SER). The federal regulatory body on Oct. 16 issued Volume 3 of the five-part SER on the underground geologic nuclear waste repository proposed to be built in […]
-
Nuclear
Global Nuclear Industry Optimistic
A mix of lucky timing and post-Fukushima recalibration appears to be responsible for a general mood of optimism at the first biennial World Nuclear Exhibition being held just outside of Paris this week. The event, organized by the Association of French Nuclear Industry Exporters (AIFEN) has attracted 495 exhibitors and an estimated 7,000 visitors from […]
-
Nuclear
European Commission OKs Hinkley Point Nuclear Deal
On Oct. 8, the European Commission (EC) decided that the state aid included in the Hinkley Point C nuclear plant construction proposal is compatible with European Union state aid rules. The approval allows key elements of the agreement between EDF Group and the UK government, including a guaranteed “strike price” of £92.50/MWh ($148.76/MWh) for power […]