DOE

(Updated—May 19, 2022): The Department of Energy (DOE) is poised to decide whether it will build the 300-MWth Versatile Test Reactor (VTR), a fast neutron national user facility that could provide the nuclear industry with a much-needed high-performance testing capability for advanced reactors and existing commercial reactors. The DOE’s Office of Nuclear Energy (DOE-NE) on […]

The Biden administration is fully behind development of new nuclear power technology. It is encouraging the U.S. Nuclear Regulatory Commission (NRC) to look at “new approaches to regulation” as advanced

The Department of Defense (DOD) will push forward on Project Pele, a much-watched mobile microreactor prototype, and demonstrate its full operation for a minimum of three years at an Idaho National Laboratory (INL) site. The DOD’s Strategic Capabilities Office (SCO) on April 15 formally released a record of decision (ROD) to proceed with the program, […]

A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities within the investor community. Fortress, which announced the investment from Goldman Sachs Asset Management Private Equity on April 19, said it also highlights a wider […]

WASHINGTON, D.C. (April 19, 2022) — The U.S. Department of Energy (DOE) today issued a request for information (RFI) to support $84 million in enhanced geothermal systems (EGS) pilot demonstration projects included in President Biden’s Bipartisan Infrastructure Law. The legislation authorizes DOE to support four competitively selected pilot projects that demonstrate EGS in different types […]

The Department of Energy (DOE) will next week kick off its much-watched $6 billion Civil Nuclear Credit (CNC) program to bolster the existing U.S. nuclear fleet by issuing a guidance document that will set down criteria for a combined certification and a sealed bid auction process. The agency said in an April 6 update the […]

Funding from the U.S. Department of Energy (DOE) will allow research organization GTI and its partners to proceed to the next phase of a project exploring how stored hydrogen can be used for load-following to improve the capacity factor of a natural gas combined cycle power plant. The project is exploring a system that could […]

ENERGY SECURITY, ECONOMIC SAVINGS, LOWER EMISSIONS (Palo Alto, California—March 28, 2022) Confronted with accelerated timelines to dramatically reduce carbon by 2030 while maintaining reliability during seasonal and extreme weather events, a new study for the U.S. Department of Energy’s National Energy Technology Laboratory (NETL) offers electricity providers a rapid and feasible path: hybridize long-duration thermal […]

The U.S. Department of Energy (DOE) announced this week that it would provide up to $48 million for a new Advanced Research Projects Agency-Energy (ARPA-E) program that could substantially reduce the disposal impact of used nuclear fuel (UNF). The program, dubbed CURIE (Converting UNF Radioisotopes Into Energy), is intended to support “a comprehensive national strategy […]

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore installing up to 15 MW of geomechanical pumped storage (GPS). The agreement will kick off with a pioneering 1-MW project that will pump water into drilled wells and store it under […]