nuclear
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Legal & Regulatory
Virginia Considers New Utility Regulatory Rules
Virginia lawmakers are weighing legislation that would give the state more control over utilities, with some of the measures developed in concert with power companies. State legislators are discussing the proposals, some of which are designed to lift a freeze on utility rates, which could bring refunds for ratepayers—although others warn it could cause rates […]
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Commentary
Pressing Forward with Vogtle, a Nuclear MVP
Georgia wasn’t looking for an award or recognition when we set out to build new nuclear reactors in our state. Yet, we now find ourselves as the last team on the field as our commissioners unanimously voted
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Renewables
Report: Trump Wants Deep Cuts in Clean Energy Programs
Documents obtained by The Washington Post show the Trump administration is prepared to ask Congress to cut the Department of Energy’s (DOE’s) renewable energy and energy efficiency programs by as much as 72% in fiscal year 2019. The newspaper in a January 31 report says Congress likely would not support many of the cuts, but […]
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Press Releases
Framatome continues ramping up production at its Le Creusot site
On January 25, 2018, Framatome received the green light from the French Nuclear Safety Authority (ASN) and EDF to resume manufacture of forgings for the French nuclear fleet at its Le Creusot site. This decision allows the plant to continue ramping up its production with a target of 80 ingots per year. The authorization is […]
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Press Releases
Lightbridge, Framatome Launch Enfission to Commercialize Innovative Nuclear Fuel
CHARLOTTE, N.C. (January 25, 2018) — Lightbridge Corporation and Framatome finalized and launched Enfission, a 50-50 joint venture company to develop, license and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property. Lightbridge is a U.S. nuclear fuel development company and Framatome is a leader in designing, […]
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Legal & Regulatory
SCANA Sale in Doubt as Questions Swirl
Several possible suitors for SCANA Corp. emerged last fall when it became evident the South Carolina utility needed a lifeline, after SCANA subsidiary South Carolina Electric and Gas Co. (SCE&G) and state-owned Santee Cooper pulled the plug on the V.C. Summer nuclear project (Figure 1). Now the question is whether those who lost out to […]
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Press Releases
Framatome Acquiring Instrumentation and Control Nuclear Business of Schneider Electric
CHARLOTTE, North Carolina (January 18, 2018) — Framatome today announced an agreement with Schneider Electric to acquire Schneider’s nuclear automation business. The two companies recently signed an asset purchase agreement that outlines the terms of the sale, which is expected to close before the end of the first quarter of 2018. The acquisition expands Framatome’s […]
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Legal & Regulatory
CPUC Backs PG&E Plan to Retire Diablo Canyon Nuclear Plant
California regulators have approved Pacific Gas & Electric’s (PG&E’s) application to retire the Diablo Canyon nuclear plant by year-end 2025, ending a protracted battle over the generating station that pitted local economic interests against environmentalists and other opponents of nuclear power. The state Public Utilities Commission (CPUC) on January 11 voted unanimously to accept PG&E’s […]
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Renewables
EIA Report: Gas-fired Generation Will Continue to Outpace Coal
The U.S. Energy Information Administration (EIA) released its first look at expected power generation in 2019, and its conclusions are much the same as those it expects in 2018—the use of natural gas to produce electricity will continue to rise, and the use of coal will continue to decline. EIA’s Short-Term Energy Outlook, released January […]
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Commentary
Commentary: Pressing Forward With Vogtle, a Nuclear MVP
Georgia wasn’t looking for an award or recognition when we set out to build new nuclear reactors in our state. Yet we now find ourselves as the last team on the field as our commissioners unanimously voted to move forward with a new cost and schedule for the Plant Vogtle new nuclear units—keeping the project […]
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Press Releases
Framatome pursues the industrial and technological adventure of the nuclear energy business
New NP, a subsidiary of AREVA NP, becomes Framatome, a company whose capital is owned by the EDF group (75.5%), Mitsubishi Heavy Industries (MHI – 19.5%) and Assystem (5%). Framatome confirms its recognized manufacturer’s ambition: being the supplier of safe and competitive nuclear solutions, supporting its electrical utility customers all over the world. Framatome, 14,000 […]
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Renewables
What Is the Future of Independent Power?
Merchant markets for independent power producers in the U.S. are unfavorable, and many companies in the sector have slumping profits—even big losses—as they ponder where to go in the months and years
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Nuclear
Two More Japan Nuclear Units Will be Decommissioned
Kansai Electric Power Co. (KEPCO) announced it will permanently close two older nuclear reactors in Japan, rather than invest nearly 100 billion yen ($900 million) to bring the units up to the country’s new safety regulations. Japan’s Nuclear Regulation Authority (NRA) created new standards for the country’s nuclear plants after the meltdown at the Fukushima […]
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Legal & Regulatory
Georgia PSC Chair: We Wanted Vogtle to Go Forward
Georgia Public Service Commission (PSC) Chairman Stan Wise said his agency was “not going to make a decision to discontinue” construction of two new nuclear reactors at Plant Vogtle, instead putting the decision squarely in the hands of Southern Co. and Georgia Power at the PSC’s December 21 meeting to determine the fate of the […]
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Legal & Regulatory
State PSC Puts Vogtle Future in Georgia Power’s Hands
State regulators in Georgia have voted not to cancel the troubled nuclear expansion project at the Vogtle Electric Generating Plant near Waynesboro, Georgia, and lead owner Georgia Power has agreed to a set of conditions that the utility must meet in order to continue the project. Georgia Power is one of four utilities with a […]
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Legal & Regulatory
NERC Report: Natural Gas, Renewable Generation Will Offset Coal, Nuclear Closures
A report released December 14 by the North American Electric Reliability Corp. (NERC) says power generation from natural gas-fired units and renewable sources such as solar and wind will provide enough electricity to offset the closures of U.S. coal-fired and nuclear power plants in the next decade. The agency’s 10-year outlook, part of its 2017 […]
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Legal & Regulatory
Georgia PSC Will Decide Vogtle’s Fate on December 21
The Georgia Public Service Commission on December 11 said it will decide December 21 whether to allow construction of two new nuclear reactors at the Plant Vogtle site to move forward, or call for the project to be canceled. Commissioners voted Monday to move up the timetable for a decision on the troubled nuclear project […]
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Nuclear
Vogtle Hearings Underway; Tax Law Change Could Speed Resolution
Hearings on the future of the Vogtle nuclear expansion project are underway in Atlanta, Georgia, and events of the past few days could impact how quickly the Georgia Public Service Commission (PSC) and Georgia Power reach a decision on whether construction of two new nuclear reactors continues or is halted. This week’s hearings, which are […]
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Legal & Regulatory
Toshiba Will Make Remaining Vogtle Payments by mid-December
Toshiba Corp. has agreed to accelerate its payments to Georgia Power to help the utility finance completion of the troubled Plant Vogtle nuclear expansion. The deal announced December 5 comes four days after a recommendation from state regulators that the project be abandoned if Georgia Power cannot make it financially viable, and also to lessen […]
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Legal & Regulatory
Georgia Regulators: Change Vogtle Economics or Cancel Project
A new analysis by staff at Georgia’s Public Service Commission (PSC) says continuing construction of two AP1000 reactors at the Plant Vogtle nuclear facility near Waynesboro, Georgia, is not economic, and the group says that unless Georgia Power agrees to modify its conditions for completing the project to ensure it will be financially viable, the […]
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Nuclear
IAEA: Pending Reactor Retirements Will Drag Down Global Nuclear Capacity Projections
Cheap natural gas, the impact of subsidized intermittent renewables on power prices, and nuclear policies in several countries in the aftermath of the Fukushima accident will continue to hamper strong growth
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Renewables
POWER Digest [December 2017]
Construction Set to Begin on First Nuclear Plant in Turkey. Berat Albayrak, Turkey’s Energy and Natural Resources Minister, in mid-October said construction of the country’s first nuclear power plant would
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Nuclear
Officials Ponder Santee Cooper Sale in Wake of Failed Nuclear Project
South Carolina Gov. Henry McMaster (R) wants to sell Santee Cooper, the state-owned utility, even as state lawmakers discuss how to deal with the group’s involvement in the abandoned V.C. Summer nuclear project. Lawmakers also disagree with who should advise the state on a possible sale. Leaders of South Carolina’s House and Senate have hired […]
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Legal & Regulatory
California PUC Will Rule Soon on Diablo Canyon’s Future
The fate of Pacific Gas & Electric’s (PG&E’s) Diablo Canyon Power Plant is expected to be decided by year-end, with the California Public Utilities Commission (CPUC) set to hear final arguments about the plant’s future on November 28. The 2.2-GW nuclear plant has operated near Avila Beach, California, since 1985. A judge in early November […]
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Legal & Regulatory
More U.S. Coal Units Closing Despite Possible Market Pricing Change
U.S. utilities continue to announce closures of financially troubled and older coal-fired power plants even as government officials work on a bailout plan to keep them operating. Owners of a coal plant in Montana that has only been online since 2006 informed the state’s Public Service Commission (PSC) last week of plans to shutter the […]
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Legal & Regulatory
FERC’s Chatterjee Has Interim Plan to Prop Up Coal, Nuclear Plants
Federal Energy Regulatory Commission (FERC) Acting Chairman Neil Chatterjee, who has said he is “sympathetic” to a rule that would help prop up struggling U.S. coal and nuclear power plants, apparently is ready to move forward with an interim plan to keep financially troubled plants operating while his agency continues to consider a market-changing cost […]
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Renewables
Exelon Subsidiary Files Bankruptcy; Lenders Would Take Over Four Plants
ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court in Delaware is aimed at reducing the company’s debt, and four of EGTP’s five natural gas-fired power plants in Texas would be owned by lenders […]
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Commentary
Nuclear Plant Construction: A Trial of Patience
Constructing a nuclear power plant is not for the faint of heart. The process is lengthy, even when there aren’t delays. To understand some of the hurdles, it’s worth reviewing the Plant Vogtle expansion
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Coal
Poland Will End Coal Investments, Move Toward Nuclear
Poland’s energy minister in September said the country was ready to shift away from coal-fired power, which provides about 90% of its electricity. Krzysztof Tchorzewski, speaking at the Krynica-Zdroj
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Nuclear
Russia Continues Legacy of Innovation at Novovoronezh Nuclear Power Plant
Russia’s nuclear power station operations arm Rosenergoatom brought its most powerful nuclear reactor to date into commercial operation in February 2017, marking the latest evolution of its Water-Water