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Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with the state of New Jersey. Exelon agreed in 2010 to close the unit by December 2019—10 years before its license to operate expires—after it decided […]

Two more U.S. nuclear power plants are facing early retirement, joining a string of generators whose fate was determined by market conditions, political pressure, or financial stresses assailing the sector. Several others may be poised to join them. The 647-MW Duane Arnold nuclear plant in Palo, Iowa, will likely close in 2025 after a current […]

China’s State-Owned Assets Supervision and Administration Commission reorganized and transferred China Nuclear Engineering & Construction Corp. (CNEC) to China National Nuclear Corp. (CNNC) on January 31, forming a new giant in the nuclear power industry. The combined company is estimated to have nearly $100 billion in combined assets and almost 150,000 employees, according to data […]

This month’s THE BIG PICTURE infographic is accompanied by an interactive map. For more, visit: https://www.powermag.com/interactive-map-abandoned-nuclear-power-projects/

The Nigerian National Petroleum Corp. (NNPC) in December 2017 announced a plan to build three natural gas-fired power plants in the country, thanks to a $2.8 billion pipeline project that would bring natural gas from the southern part of the African nation to its northern region. The plants, sited in Abuja, Kaduna, and Kano, would […]

Increasing uncertainties concerning low forecasted load; construction financing constraints and reversals; state certification hurdles; and challenges to nuclear profitability posed by the growing share of coal plants beset the nuclear industry in the early 1970s. The nuclear suffered a renewed economic meltdown and fierce public pushback in the aftermath of the Three Mile Island accident […]

With a broadening portfolio of generation technologies and rapidly changing demands, effectively combining and integrating diverse technologies is important to a reliable power grid. Siemens’ SIESTART

Turbophase enables combustion turbine owners and power grids to increase flexibility, power, and efficiency, which is critical at a time when dispatch of renewable energy is growing. Combustion turbines

Top governmental bodies in China in December approved plans for a carbon trading system that will first target power plants and then cover most of the nation’s mammoth industrial body.  President Xi Jinping

Voith in December announced it has completed the modernization of the Mucomir hydropower station in Scotland, and the 20-MW facility is again producing electricity for the Scottish grid. Voith was responsible