nuclear

CRANBERRY TOWNSHIP, Pa.–(BUSINESS WIRE)–Westinghouse Electric Company has signed a Cooperation Agreement for lead-cooled fast reactor (LFR) technology development with the Italian National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) and Ansaldo Nucleare. The agreement demonstrates each party’s commitment to collaborating toward the development of a next-generation nuclear plant based on LFR technology, […]

Coal-fired power generation has taken another punch, as Consumers Energy—which along with DTE Energy supplies most of Michigan’s power—has announced it will phase out coal burning over the next two decades, with a plan to generate at least 40% of its electricity from renewable sources by 2040. Patti Poppe, Consumers’ president and CEO, made the […]

A business group geared toward sustainable energy says renewable sources of energy for the first time are generating nearly as much power as the entire fleet of U.S. nuclear reactors. The Business Council for Sustainable Energy (BCSE), along with Bloomberg New Energy Finance, on February 15 released the sixth edition of its Sustainable Energy in […]

February 14, 2018—GE Hitachi Nuclear Energy (GEH), Global Nuclear Fuel (GNF), Holtec International and SMR Inventec, LLC (SMR, LLC), today announced a collaboration to advance the SMR‐160, a single loop, 160 MWe pressurized light water reactor based on existing light water technologies. In a Memorandum of Understanding, the companies have agreed to enter into a […]

The budget bill passed by Congress and signed by President Trump in the early hours of February 9 extends a host of tax credits for energy technologies, including provisions to help the Vogtle nuclear expansion in Georgia as well as U.S. carbon-capture projects. The legislation also provides support for renewable energy, including for small wind […]

After decades of lethargic power demand—and negative growth in 2017—U.S. electricity use is expected to grow steadily through 2050, driven by a healthy economy and increasing efficiency, the U.S. Energy Information Administration (EIA) projects in its Annual Electricity Outlook 2018 (AEO2018). However, during that period, direct-use generation will outpace growth in retail sales as more […]

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 […]

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

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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

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

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 […]

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 […]