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Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]

The Department of Energy’s (DOE’s) first round of funding from its $6 billion Civil Nuclear Credit (CNC) Program is poised to go to Diablo Canyon Power Plant, California’s only operational nuclear plant. Pacific Gas & Electric  (PG&E), Diablo Canyon’s owner, could receive up to $1.1 billion in credits to extend the 2.2-GW plant’s operation for […]

Energy storage systems (ESS) are expanding far beyond the batteries being deployed at power plants, at substations, in microgrids, or at locations along the power grid to support the electricity transmission and distribution network. Systems for commercial and industrial enterprises, and increasingly by homeowners for residential use, are helping lead the expansion of energy storage. […]

Hurricane Ian, which struck Florida in late September last year, was a devastating storm and a harsh reminder of the impact of Mother Nature’s wrath. Unfortunately, extreme weather events are becoming more frequent and powerful, and our aging grid is struggling to keep up. COMMENTARY Sanibel Island on Florida’s west coast, for example, lost power […]

The Nuclear Regulatory Commission (NRC) has accepted Abilene Christian University’s (ACU’s) construction permit application for a 1-MWth nuclear non-power Molten Salt Research Reactor (MSRR) facility planned for the university’s campus in Abilene, north-central Texas. The acceptance—which essentially marks the NRC “docketing” of the application—formally kicks off the regulatory agency’s review of ACU’s proposed Nuclear Energy […]

Officials from Russia and Egypt marked another milestone in construction of the latter’s first nuclear power plant, with a ceremony Nov. 19 to announce pouring of the “first concrete” for Unit 2 of the El-Dabaa Nuclear Power Plant (NPP). Saturday’s event came three weeks after a construction permit was issued for that unit by the Egyptian […]

Finnish company Wärtsilä evolved from humble beginnings as a sawmill into a global marine and energy powerhouse that is today a model of customer value creation, decarbonization, and growth amid uncertainty. Driving that triumph over its 188-year history is a consistent spirit of innovation and flexibility. POWER In 2021, Wärtsilä once again assessed its future […]

Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and prolonged cold conditions, the North American Electric Reliability Corp. (NERC) has warned. The nation’s designated Electric Reliability Organization (ERO) in its latest Winter Reliability Assessment, issued on Nov. 17, said […]

The National Reactor Innovation Center (NRIC) is a national Department of Energy (DOE) program led by the Idaho National Laboratory (INL) that allows collaborators to harness the world-class capabilities of the U.S. National Laboratory System. NRIC supports the construction and demonstration of advanced reactor systems through a suite of services and capabilities. “Our vision is […]

Sponsored By Watch Kelly Borgen of Black and Veatch to learn how an operating facility’s digital transformation can progress using a combination of advanced pattern recognition software, conventional wired sensors, wireless sensors, and real-time performance calculations to achieve real-life benefits in reliability and efficiency.