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The European Commission, the executive arm of the European Union (EU), has said countries across the continent should be encouraged to deploy energy storage. The group has said storage will support the integration of renewable energy resources to the grid, and increase power system flexibility. The use of energy storage also is key to Europe’s […]

The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched uranium (HALEU), a critical piece of the next-generation nuclear supply chain. The selected companies include Centrus Energy’s American Centrifuge Operating, URENCO’s Louisiana Energy Services, Orano […]

Energy and utilities companies are grappling with unprecedented challenges. With the cost of electricity surging by 28.5% in just five years, the average American now spends nearly $300 a month on utilities, leading to a rise in customer defaults and mounting bad debt. Global energy demand is only set to grow in the coming years […]

A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light water small modular reactors (SMRs) in the U.S. It will also provide funding for “fast follower” deployment support by addressing critical gaps that have long […]

The power generation sector is looking at numerous ways to provide enough electricity to satisfy demand from data centers. Bloomberg Intelligence recently said its research shows data centers, buildings filled with servers and other computing equipment for data storage and networking that supports operations and artificial intelligence (AI), could be responsible for as much as […]

Japan’s Sumitomo Corp and Perennial Power Holdings Inc., a subsidiary of Sumitomo Corp. of Americas, have set up a joint venture with Virginia-based CEP Solar LLC to deliver renewable energy projects across Virginia. The companies said the JV will provide support for the state’s energy supply, in part to help with power demand from Virginia’s […]

The Bonneville Power Administration (BPA) has identified 13 new transmission substation and line projects designed to reinforce the Pacific Northwest’s electric grid. If constructed, these projects would accommodate regional load growth and enable the BPA to add thousands of megawatts of new wind and solar generation, and battery storage to the federal grid. Combined, the […]

In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small modular reactor (SMR) projects by 2039, starting with an initial four-unit 320-MWe Xe-100 plant with regional utility Energy Northwest in central Washington. Separately, Amazon signed […]

Micro-modular nuclear plant developer Last Energy has unveiled plans to deploy four 20-MWe pressurized water reactor (PWR) power plants at the site of a former coal-fired power plant in South Wales. Last Energy’s project will transform the Llynfi Power Station, a now vacant site that housed four 30-MW coal units from 1951 to 1977,  the […]

In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement to facilitate the development of a 500-MW fleet of molten salt nuclear reactors by 2035 to power Google’s data centers. The first reactor is expected […]