PORTLAND, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report).…
Research and Development
The Department of Energy (DOE) has unveiled three nuclear microreactor developers that will design the first experiments at Idaho National Laboratory’s (INL’s) new Demonstration of Microreactor Experiments (DOME) test bed,…
A consortium that includes power industry giants Siemens Energy and ENGIE said it completed what the group called the world’s first operational test of a gas turbine fueled with 100%…
Constellation Energy will use a portion of newly announced federal funding for the Midwest Hydrogen Hub (MachH2) to build “the world’s largest nuclear-powered clean hydrogen facility” at its 2.3-GW LaSalle Clean Energy…
Decarbonization of the U.S. power sector is bringing new technologies to the forefront, including an array of new battery types for energy storage, electric vehicles (EVs), and more. Lyten, a…
Fifty-eight projects spearheaded by major U.S. power stakeholders will receive up to $3.5 billion in federal funding to improve grid flexibility and boost power system resiliency against extreme weather and…
Artificial intelligence (AI) is becoming a ubiquitous part of our lives, impacting much of what we do at work and home. AI’s growth trajectory is expected to skyrocket, with new…
Seven regional hydrogen hubs spanning Appalachia, California, the Midwest, the Gulf Coast, the American heartland, the Mid-Atlantic, and the Pacific Northwest are poised to receive $7 billion in Infrastructure Investment…
The U.S. Department of Energy’s (DOE’s) MARVEL microreactor achieved 90% final design, a key step that will allow the project to move forward with preparation for fabrication and construction. “This…
Fossil-fueled power plants are billion-pound investments that businesses (as well as whole nations themselves) around the world can’t afford to simply discard. Yet, the combinations of old plant, new fuels,…