energy infrastructure
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gas turbines
“We’re Writing a New Chapter”: Mitsubishi Power CEO Bill Newsom on AI, Gas Turbines, and the Path to Decarbonization
The U.S. power sector seems to be increasingly pulled in two directions. While trundling toward rapid electrification, it is seeking to hold its ground on recent decarbonization triumphs. And while utilities and power companies are racing to add generation capacity, their prospects are limited by aging infrastructure and upended by supply chain constraints that have […]
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Trends
Vistra to Acquire 2.6 GW Gas Fleet for $1.9B, Citing Surging U.S. Power Demand
Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […]
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Legal & Regulatory
Nation’s Power Operators Warn Congress of a Coming Reliability Shortfall
Seven major U.S. grid operators have raised a unified alarm about an impending capacity crunch, warning that the pace and scale of explosive demand—including from data centers, manufacturing, and electrification—pose a precarious misalignment with accelerating generator retirements and transmission constraints. At a March 25 hearing before the House Energy and Commerce Subcommittee on Energy, the […]
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Legal & Regulatory
Trump Administration Backs $1.52B Loan for Palisades Nuclear Restart
The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the 800-MW Palisades Nuclear Plant in Michigan. The funding, a key step in reviving the shuttered facility, reinforces a loan guarantee initially issued under the Biden […]
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Data Centers
The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom
Data center power demand is accelerating, pushing the grid to its limits and prompting tech giants to bet on next-generation nuclear reactors. But given steep costs, regulatory hurdles, and uncertain
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International
China’s Belt and Road Initiative Is Reshaping Global Power Infrastructure
Since 2013, when China launched its Belt and Road Initiative (BRI), interest in the measure has been sharply divided. Proponents in Beijing and across the Global South view the BRI as a transformational
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Power
The POWER Interview: Terrestrial Energy’s Push to Commercialize Molten Salt Reactors for Industrial and Grid Applications
Nuclear technology firm Terrestrial Energy has quietly been making progress on its Integral Molten Salt Reactor (IMSR) technology, laying the crucial groundwork for a commercial fleet by the early 2030s. Terrestrial Energy Simon Irish answered key questions about the company’s deployment timeline, market positioning, and competitive edge, offering an inside look at the company’s strategy […]
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Legal & Regulatory
NRC Proposes Deep Fee Cuts for Advanced Nuclear
The Nuclear Regulatory Commission (NRC) has proposed to sharply reduce its hourly service fees—by more than 50%—for advanced nuclear reactor applicants and pre-applicants in a move designed to incentivize innovation and accelerate the deployment of next-generation nuclear technologies. In a proposed rule published in the Federal Register on Feb. 19, the regulatory body moved to […]
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Nuclear
Last Energy Secures UK Nuclear Licensing Milestone for South Wales SMR Project
Last Energy has formally launched the UK’s nuclear site licensing (NSL) process for plans to develop four 20-MWe microreactors in South Wales, becoming the first small modular reactor (SMR) developer to make the move. The UK Office for Nuclear Regulation (ONR) on Feb. 17 confirmed the U.S.-based nuclear technology firm’s entry into the critical licensing […]
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O&M
The Evolving State of Power Plant O&M
As power plants confront aging infrastructure, surging demand, and the sweeping changes of rapid electrification, operations and maintenance (O&M) are being redefined to tackle unprecedented challenges and