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The Trump administration released a blueprint of its proposed 2018 budget on March 16, likely setting off a major battle with Congress. The budget proposal, “America First: A Budget Blueprint to Make America Great Again” makes major cuts in non-defense discretionary spending over 2017. While funding for the Department of Defense is boosted $52.3 billion, […]

Texas has filed a lawsuit in federal court to stop the Department of Energy (DOE) from spending tax dollars on consent-based siting activity, and to force the Nuclear Regulatory Commission (NRC) and other relevant federal agencies to complete licensing proceedings for the Yucca Mountain nuclear waste permanent repository. The lawsuit filed with the U.S. Court […]

Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), told POWER on March 9 that the U.S. nuclear industry is optimistic this Congress will work to resolve the nation’s long drawn out spent fuel predicament. Speaking at CERAweek by IHS Markit last week, Korsnick said that optimism was based on Republican domination of […]

The Nuclear Regulatory Commission (NRC) has accepted NuScale Power’s small modular reactor (SMR) design certification application and will provide a design review schedule soon. The NRC’s acceptance marks a major milestone for the first SMR design to ever attempt obtaining U.S. certification. NuScale, in which Fluor Corp. is a majority investor, submitted its application on […]

An arbitration panel of the International Chamber of Commerce (ICC) has awarded Southern California Edison (SCE) $125 million in its dispute with Mitsubishi Heavy Industries (MHI) over the failed replacement of four steam generators at the San Onofre Nuclear Generating Station (SONGS), a fiasco that ultimately led to the plant’s premature retirement. Victory for MHI The […]

If President Donald Trump truly wants to revitalize the coal industry, he should continue to support the Department of Energy’s (DOE’s) Office of Fossil Energy’s research efforts, representatives of the coal industry said in a March 10 letter. “In light of recent calls for dramatic cuts to the federal budget, we want to stress that […]

The Environmental Protection Agency’s (EPA’s) administrative priorities will be reined in to focus on process, rule of law, and cooperation with states, the agency’s new head Scott Pruitt told attendees at CERAweek by IHS Markit on March 9. Since the former Oklahoma Attorney General was sworn in as EPA administrator in late February, the agency has […]

Six years after the Fukushima disaster prompted an electricity crisis in Japan and sent tremors throughout the world’s nuclear power sector, Japan is determined to continue its reliance on nuclear for nearly a fifth of its power needs in the long term. Nuclear will make up 20% to 22% of Japan’s power mix by 2030, […]

India will open all 26 of its sedimentary basins to allow domestic and foreign investors to explore conventional and unconventional oil and natural gas resources in a bid to escalate its indigenous oil and gas production, reduce imports, and support a planned influx of renewable power. Union Petroleum and Natural Gas Minister Dharmendra Pradhan told […]

While investor interest in U.S. coal production is seeing a revival, President Donald Trump can do little to directly help the flailing industry, coal producers and investors said at CERAweek by IHS Market, which is taking place in Houston this week. After a period of financial calamity that was prompted by the collapse of natural […]