POWERnews

Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $1.52 billion loan guarantee to Holtec International to support the recommissioning of the 800-MW Palisades nuclear plant in Covert Township, Michigan. Separately, the U.S. Department of Agriculture (USDA) awarded electric cooperative Wolverine Power […]

In May, the U.S. Department of the Treasury and IRS released additional guidance on the Inflation Reduction Act’s (IRA’s) domestic content bonus, part of President Biden’s economic strategy to boost American manufacturing, and iron and steel production. The domestic content bonus credit is available to taxpayers that certify their qualified facility, energy project, or energy […]

A project that will demonstrate the conversion of a former coal mine in Bell County, Kentucky, into a utility-scale 287-MW pumped storage hydroelectric facility has garnered federal backing from the Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED). Rye Development, a pumped storage hydropower developer, on Sept. 25 secured $12.1 million—the first tranche […]

BayWa r.e. Americas has signed an aggregated virtual power purchase agreement (VPPA) with several groups for a renewable energy project in Illinois that is designed to support decarbonization efforts in the region. The deal announced September 26 includes Sustainability Roundtable (SR) Inc.’s Net Zero Consortium for Buyers (NZCB), along with Akamai Technologies, Teradyne, and Wayfair […]

The UK government has narrowed its shortlist of technologies competing in its flagship Small Modular Reactor (SMR) competition to four candidates. On Sept. 25, it announced that Westinghouse, GE-Hitachi Nuclear Energy (GEH), Holtec Britain, and Rolls-Royce SMR remain in the running to negotiate potentially multi-billion-pound nuclear technology development contracts under the fast-track initiative aimed at […]

Utilities are in a tricky spot. While reliability is one of three key focus areas for utilities as they navigate the clean energy transition, along with decarbonization and affordability, it’s become an increasingly hard pillar to deliver on, especially as growing peak demand becomes a year-round consideration. This past summer we’ve already seen large portions […]

Groundbreaking has kicked off at Idaho National Laboratory (INL), where Project Pele—the Department of Defense’s (DOD’s) full-scale transportable microreactor prototype—will be placed for testing in 2026. When operational, the reactor will become the “first-ever Generation IV nuclear reactor to generate electricity in the U.S.,” the DOD said on Sept. 24. Project Pele, developed under a […]

The Dept. of Energy’s (DOE’s) Grid Deployment Office has awarded $34.5 million to California utility Pacific Gas & Electric (PG&E). The funding will support 19 hydropower projects across PG&E’s territory. The utility on September 24 said the money is part of the DOE’s Maintaining and Enhancing Hydroelectricity Incentive program. The Grid Deployment Office in early […]

More than 13,000 solar panels will be installed on the roof of the New Terminal One project at John F. Kennedy International Airport (JFK) in New York City. The consortium chosen to build the project, led by AlphaStruxure, on September 24 said construction is underway. The announcement came Tuesday during Climate Week NYC, an annual […]

Google’s top executive confirmed the company is working on large-scale data centers that would use more than 1 GW of power. Sundar Pichai, CEO of Google and Alphabet, in a speech last week at Carnegie Mellon University in Pittsburgh said small modular nuclear reactors (SMRs) could possibly be used to generate the needed electricity. Pichai […]