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NuScale Power said the U.S. Nuclear Regulatory Commission (NRC) has completed its Phase 6 review of the Design Certification Application (DCA) of the company’s small modular nuclear reactor (SMR), and said the company’s SMR is the first such reactor to receive NRC approval of its design. NuScale on August 28 announced that with the DCA […]

Macquarie Capital and a handful of other development sponsors announced they have successfully closed financing for the C$1.5 billion ($1.2 billion U.S.) Cascade Power Project, a 900-MW combined cycle natural gas-fired generating plant near Edson, Alberta. The new facility (Figure 1), expected to meet more than 8% of the province’s average demand for power, will […]

In a stunning announcement, Exelon Generation, which operates the largest U.S. fleet of nuclear plants—21 reactors at 12 facilities in Illinois, Maryland, New York, and Pennsylvania—said it will retire the Byron and Dresden generating stations next fall for economic reasons. “Although we know in our heads that shutting down the uneconomic Illinois plants is necessary […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   August 27, 2020 Analysis Supports Competitive Southeast Power Market A new report from two groups that study energy policy supports the establishment of a fully competitive regional electricity market in the U.S. Southeast, something already being discussed by at… Derecho Damage Results […]

Battelle Energy Alliance (BEA), the entity that manages Idaho National Laboratory (INL), has initiated contract negotiations with a team lead by Bechtel National Inc. (BNI) and supported by GE Hitachi Nuclear Energy (GEH) and Terra Power to back the design and build phase of the Department of Energy’s (DOE’s) Versatile Test Reactor (VTR).  The announcement […]

Utilities along the U.S. Gulf Coast are preparing their response to Hurricane Laura as the massive storm bears down on the Texas and Louisiana coastlines. Entergy Corp., whose territory includes those two states along with Arkansas and Mississippi, on August 26 said it had about 7,400 workers ready to respond to the storm, including 5,300 […]

POWER has announced the decision to hold the ELECTRIC POWER Conference and Exhibition virtually, September 28–October 1, 2020, to safely bring the power community together, expand the event, and transition to a new name. HOUSTON, Texas, August 26, 2020 – With the health and safety of all participants and stakeholders as the number one priority, […]

The Duane Arnold Energy Center (DAEC, Figure 1)—a 615-MW nuclear power plant located in Palo, Iowa—will reportedly not restart after high winds caused extensive damage to the station’s cooling towers. The plant owner, NextEra Energy Resources, had planned to retire the unit on Oct. 30, but after assessing damage caused by an Aug. 10 derecho, […]

In a $5 billion deal, engineering and industrial software company AVEVA has agreed to acquire OSIsoft, maker of the PI System, which is a market-leading operational data software solution. “Combining AVEVA and OSIsoft is yet another significant milestone in our journey to achieving the ambitious growth goals that we have set,” Craig Hayman, CEO of […]

A new report from two groups that study energy policy supports the establishment of a fully competitive regional electricity market in the U.S. Southeast, something already being discussed by at least two of the region’s largest utilities. The analysis published August 25 from San Francisco, California-based Energy Innovation, and Boulder, Colorado-based Vibrant Clean Energy (VCE), […]