POWERnews
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Nuclear
Nuclear Industry Hopeful Congress Will Resolve Spent Nuclear Fuel Impasse
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 […]
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Nuclear
NRC Accepts NuScale Small Modular Reactor Design Certification Application
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 […]
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Nuclear
SONGS Arbitration Panel Awards SCE $125 Million
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 […]
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Coal
Coal Industry Urges Trump to Continue Funding Fossil Energy Research
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 […]
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Legal & Regulatory
New EPA Chief Scott Pruitt Sets Out to Restrain Agency
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 […]
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Nuclear
Six Years After Fukushima, Only Three Reactors Operating in Japan, More Poised to Restart
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, […]
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Coal
India Moves to Boost Oil, Gas Production to Bolster Future Renewables Additions
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 […]
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Coal
Coal Industry Cautious About Future Growth, Trump Rhetoric
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 […]
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Nuclear
Fukushima Cleanup Hitting Snags as Robot Probes Fail
The epic recovery from the 2011 accident at Japan’s Fukushima Daiichi Nuclear Plant, already predicted to take decades and cost at least $35 billion, is encountering delays as a series of robot probes have failed due to encountering more difficult conditions than expected, plant owner Tokyo Electric Power (TEPCO) said this month. TEPCO’s head of […]
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Legal & Regulatory
Perry Confirmed as Secretary of Energy
With a vote of 62–37, the Senate on March 2 confirmed former Texas governor Rick Perry as the new secretary of energy. Perry received the support of 10 Democratic senators: Mark Warner (Va.), Joe Manchin (W.Va.), Heidi Heitkamp (N.D.), Tom Udall (N.M.), Catherine Cortez Masto (Nev.), Debbie Stabenow (Mich.), Claire McCaskill (Mo.), Jon Tester (Mont.), […]
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