POWERnews
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Nuclear
Vogtle 3 Gets NRC’s Approval to Begin Operation in Significant Regulatory Milestone for U.S. Nuclear Industry
The Nuclear Regulatory Commission (NRC) has given Southern Nuclear Operating Company (SNC) the green light to load fuel and begin the operation of an AP1000 nuclear reactor at Vogtle Unit 3. The authorization moves Vogtle 3 out of the NRC’s construction reactor oversight program and into the operating reactor oversight process—effectively making Vogtle 3 the first […]
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Infographics
THE BIG PICTURE: Momentum for CCS
While only one commercial power plant equipped with carbon capture and storage (CCS) remains in operation today, the momentum for CCS appears to have picked up dramatically over the past year. According to a database curated by the Global CCS Institute, more than 30 power generation CCS projects are under construction or in various stages […]
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Nuclear
Rosatom Picks New EPC Lead for Turkey’s First Nuclear Power Plant
A new contractor has been named to finish construction of Turkey’s first nuclear power plant. Russia’s state-owned energy giant Rosatom on July 30 said it had chosen TSM Enerji, a company owned by three Russian groups and incorporated in Turkey, as the project’s new engineering, procurement, and construction lead. The Turkish government has said it […]
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News
Southern CEO Fanning Set to Step Down
Longtime Southern Co. CEO Tom Fanning plans to announce his retirement, perhaps by the end of this year, stepping down after leading the company since 2010. A Bloomberg report on July 29, citing “people familiar with the matter,” said the U.S. utility giant already has launched a search to find Fanning’s replacement. Bloomberg reported that […]
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Nuclear
NRC Moves to Issue Final Design Certification for NuScale Nuclear Module
The Nuclear Regulatory Commission (NRC) has indicated it will certify NuScale’s 50-MWe (160 MWth) small modular reactor (SMR) design, marking another definitive milestone for the reactor vendor and its technology prospects. The NRC on July 29 said it directed staff to issue a final rule that certifies the standard SMR design, for which NuScale submitted […]
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Offshore Wind
Group Says U.S. Utility Will Build $13 Billion Offshore Wind Project in Vietnam
Vietnamese officials said a U.S. utility company plans to develop a $13 billion, 4-GW offshore wind farm that would be sited off that country’s central province of Binh Thuan. Vietnam’s Ministry of Industry and Trade in a statement issued July 29 said AES Corp., a Virginia-based utility that operates in 15 countries, is behind the […]
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Commentary
A Global Look at Residential Solar Adoption Rates
Solar technology is advancing at a rapid rate, making solar easier to adopt. However, there is still a large potential of growth when it comes to the solar market. Looking at global data, solar photovoltaic (PV) generation has steadily increased for the past several years, and showed the second-largest absolute generation growth of all renewable technologies […]
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POWERnews—July 28, 2022
POWER Magazine Jobs White Papers Webinars Events Store July 28, 2022 Nuclear Power Plants Report Stellar Performance, but Retirements Could Limit Climate Benefits The world’s nuclear power plants generated a total of 2,653 TWh of energy in 2021, up 100 TWh from 2020. It was the third-highest total ever for […]
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Nuclear
Vogtle Expansion Cost Jumps Again; In-Service Dates Set for 2023
Southern Co. on July 28 increased its cost estimate for Georgia Power’s share of the two-unit expansion of the Vogtle nuclear plant. Southern, during an investor presentation of the company’s second-quarter financial results, said Georgia Power’s share of capital costs for the project has risen by $52 million, to about $10.5 billion in total. Georgia […]
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Legal & Regulatory
Energy Security, Climate Change Initiatives Endure with Surprise U.S. Senate Deal
The inclusion of an estimated $369 billion in energy security and climate change investments in a July 27–unveiled U.S. Senate budget reconciliation proposal has prompted optimism from a range of energy sectors. Less than two weeks after negotiations on clean energy and climate provisions within the reconciliation package hit an impasse and suggested their demise, […]