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Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative “phased energy model” that will combine natural gas and nuclear to offer a scalable and sustainable turnkey solution for data centers. The companies on Jan. 17 said they signed a memorandum of understanding (MOU) to […]

Sweden has broken ground on its final repository for spent nuclear fuel (SNF)—a milestone reached after 40 years of research and development—making it the world’s second deep geological repository (DGR) now under construction. Svensk Kärnbränslehantering AB (SKB), a nuclear fuel and waste management company owned by Sweden’s nuclear operators, officially announced the start of construction […]

Constellation Energy said the company is applying for federal funding as it evaluates whether to put one or more small modular nuclear reactors (SMRs) at its Nine Mile Point nuclear power plant in New York. Constellation in a news release on Jan. 15 said the New York State Energy Research and Development Authority (NYSERDA) has […]

UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations outside of its oil and gas business. The London-based multinational group on Jan. 16 said it would lay off about 4,700 workers, and also cut […]

As a significant final move before the incoming Trump administration takes office, the Biden administration has announced conditional loan commitments totaling $22.92 billion to support projects by eight utility companies across the U.S. The investments will seek to modernize infrastructure, expand clean energy generation, and improve grid reliability, impacting millions of customers, the Department of […]

A Florida-based battery energy storage provider is teaming with Idaho’s largest electric utility for a 200-MW/800-MWh battery energy storage system (BESS) project designed to support grid resiliency. Prevalon Energy, a Mitsubishi Power Americas and EES joint venture, on Jan. 14 announced it had secured a contract with Idaho Power for the project, which will feature […]

PetroVietnam Power (PV Power), a subsidiary of state-owned PetroVietnam, said it has started initial operation of the first of two 812-MW LNG-fired units at its Nhon Trach power plant, located in Dong Nai province, near Ho Chi Minh City in southern Vietnam. The project is part of the first power plant in Vietnam to be […]

Estonia energy company Fermi Energia has begun the site selection process for that country’s first nuclear power plant, more than a decade after government officials initially approved construction of a reactor. Fermi Energia on Jan. 14 announced the company has submitted an application to the Estonian Ministry of Economic Affairs and Communications to begin the […]

A 111-MW solar power facility built on reclaimed land at a former coal mine site in Kentucky has entered commercial operation. The Martin County Solar Project (MCSP), developed, built, owned and operated by Savion—a Shell Group portfolio company—is now among the largest solar farms in the state and also one of the first U.S. solar […]

Global electrical technology company ABB said it has acquired Lumin, a U.S.-based group that provides responsive energy management systems, to expand its home energy management capabilities in the North American residential sector. The acquisition announced Jan. 14 follows a strategic minority investment by ABB into Lumin in 2023. Financial terms of the transaction were not […]