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Finland’s Radiation and Nuclear Safety Authority (STUK), which regulates the nation’s nuclear power industry, completed a scheduled inspection of RAOS Project via Skype due to quarantine and travel restrictions caused by the COVID-19 pandemic. RAOS Project is a subsidiary of Rusatom Energo International, a division of Russia’s state atomic energy corporation Rosatom. RAOS Project is […]

Propelled in part by the White House Nuclear Fuel Working Group’s (NFWG’s) recent roadmap to strengthen the U.S. nuclear fuel cycle, the nation’s nuclear industry this week blazed ahead on efforts to energize a U.S. commercial fuel supply that it says will be crucial for the widespread development and deployment of advanced nuclear reactors.  At […]

Onshore wind and photovoltaic (PV) solar power are the cheapest forms of new-build power generation for at least two-thirds of the world’s population, according to analysis published by research company BloombergNEF (BNEF). Meanwhile, battery storage has become the lowest-cost new-build technology for peaking purposes in gas-importing regions, such as Europe, China, and Japan. BNEF reported […]

General Electric (GE) on April 29 reported a steep drop in first-quarter revenue, with the industrial giant—like many companies—taking a major hit from the coronavirus pandemic. The company reported a year-over-year revenue decline of 8%, with posted revenue of $20.524 billion, and noted a $1 billion negative impact to cash flow during the quarter. The […]

U.S. power plant operators continue to change procedures at their facilities, including pushing back scheduled maintenance, due to lockdowns and quarantines associated with the coronavirus pandemic. The changes are impacting companies such as General Electric (GE) and Siemens, which are major service providers to power plants, at a time when these global companies already are […]

While scientists and health professionals huddle with public officials to determine the best course forward to combat COVID-19 and relax social distancing, more of our leaders must address the need to quickly create high paying, sustainable jobs—lots of them. COMMENTARY Frankly, the need has never been greater. Regardless of political ideology, our politicians must put […]

One of the two remaining operating reactors at the Indian Point Energy Center in Buchanan, New York, will close for good on April 30, shutting down early as part of an agreement between Entergy, the plant’s operator, the state of New York, and environmental groups who had pressured officials to close the plant. The 1,020-MW […]

Flagship power plant and equipment firm Mitsubishi Hitachi Power Systems (MHPS) plans to change its name to “Mitsubishi Power” once it receives approval from antitrust authorities in several countries. The rebrand announced by the Yokohama, Japan–headquartered MHPS on April 24 will reflect a change in ownership announced in December, when Japanese technology conglomerate Hitachi said […]

Moltex Energy, a privately held nuclear power development company headquartered in the UK with an office in New Brunswick, Canada, has entered into a collaboration agreement with Canadian Nuclear Laboratories (CNL) to support Moltex’s nuclear fuel development program for its Stable Salt Reactor (SSR), among the latest technology advancements for small modular reactors (SMRs). The […]

The U.S. will attempt to regain its international standing as a world leader in nuclear energy through a three-pronged strategy that will essentially seek to strengthen the full domestic nuclear fuel cycle, possibly deny imports of nuclear fuel fabricated in Russia or China, and promote advanced reactor technologies. The strategy is outlined in the White […]