economics

A massive surge in energy demand is about to reshape the U.S. power landscape, presenting an opportunity for forward-thinking utilities. The nation’s energy demands are poised to explode, as everything from the enormous data centers powering the artificial intelligence (AI) boom to broad electrification efforts increase the need for electricity.

The U.S. Senate on April 30 passed—by unanimous consent—a bill to ban imports of unirradiated low-enriched uranium (LEU) produced in Russia. The bill now heads to the president’s desk for signature into law. The Senate passed the Prohibiting Russian Uranium Imports Act (H.R. 1042), which the House of Representatives passed (also by unanimous consent) by […]

Nuclear energy has long been a topic of debate due to concerns about its environmental impact and the disposal of nuclear waste. However, a paradigm shift is underway that could revolutionize how we view nuclear waste. Not only could recycling nuclear fissile waste reduce the waste generated by current nuclear power plants, but it also […]

PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission upgrades are put into service around 2028. The nation’s largest regional transmission organization (RTO) on Jan. 10 said it informed Talen that the deactivation of […]

Constellation Energy will use a portion of newly announced federal funding for the Midwest Hydrogen Hub (MachH2) to build “the world’s largest nuclear-powered clean hydrogen facility” at its 2.3-GW LaSalle Clean Energy Center in Illinois. The company on Oct. 16 said it plans to leverage a $1 billion award announced by the Department of Energy (DOE) last […]

India has begun commercial operation of its first domestically designed 700-MWe pressurized heavy water reactor (PHWR) at the Kakrapar nuclear power plant in Gujarat, state-owned Nuclear Power Corp. of India Ltd. (NPCIL) reported on Aug. 30. Commercial operation of  Unit 3 at Kakrapar Atomic Power Project, which is located near the city of Vyara in the […]

Few power-generating resources present the combination of workhouse abilities that combined heat and power (CHP) does. But, powered predominantly by fossil fuels, will CHP find its unique footing within the

As of December 2022, the Department of Energy (DOE) CHP Installation Database recorded 4,674 combined heat and power (CHP) installations in the U.S., with a combined capacity of 80.4 GW. Installations were all sizes, from large industrial systems that are hundreds of megawatts to small commercial microturbine and fuel cell systems that are tens of […]

The Department of Energy’s (DOE’s) first round of funding from its $6 billion Civil Nuclear Credit (CNC) Program is poised to go to Diablo Canyon Power Plant, California’s only operational nuclear plant. Pacific Gas & Electric  (PG&E), Diablo Canyon’s owner, could receive up to $1.1 billion in credits to extend the 2.2-GW plant’s operation for […]

When environmental advocates implore less-wealthy countries to cease oil or gas investment and production because it is the cause of climate change, they are often branded as naive and ridiculous. Do we really