nuclear
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Commentary
The Impact of Alternative Energy on Electricity Pricing
The rise of some sources of alternative energy such as renewables, storage, energy efficiency, and demand response, and decline in others—specifically nuclear—will continue to impact regional gas and
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Nuclear
Toshiba Will Pay $2.2 Billion to Exit Summer Nuclear Project
SCANA Corp. and state-owned utility Santee Cooper on July 27 said Toshiba has agreed to pay nearly $2.2 billion to cap its liabilities from the unfinished V.C. Summer nuclear project in South Carolina. Toshiba subsidiary Westinghouse, which was building two nuclear units at the Summer site along with the troubled Vogtle nuclear project in Georgia, […]
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Legal & Regulatory
Group Will Appeal Ruling That Backs N.Y. Nuclear Subsidies
A group representing several energy companies and ratepayers said it would appeal a federal judge’s ruling that upholds New York’s plan to subsidize nuclear power plants in the state. U.S. District Judge Valerie Caproni on July 25 in Manhattan ruled that federal law does not preempt the state and its Public Service Commission (PSC) from […]
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News
Graham Goes to Bat for Small Modular Reactors in Funding Bill Markup
When it comes to nuclear power, the U.S. is not living up to its potential, Sen. Lindsey Graham (R-S.C.) told appropriators during a July 20 full committee markup of the Senate’s fiscal year 2018 (FY18) Energy and Water Development Appropriations Bill. “When it comes to nuclear power, we’re just so far behind the times and […]
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Nuclear
France Signals Intention to Slash Nuclear Generation by 2025
France, which currently gets more than 75% of its electricity generation from nuclear, may close as many as 17 reactors by 2025, according to Minister of Environment Nicolas Hulot. In an interview with RTL radio on July 10, Hulot stated that Prime Minister Edouard Philippe, who took office in mid-May, intends to see through the […]
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Nuclear
Russian Hackers Targeting U.S. Nuclear Plants: Reports
U.S. officials said Russian government hackers have broken into systems at U.S. nuclear power plants and also have made cyber intrusions into the business systems of other energy companies, according to several reports over the past week. Cybersecurity experts say the threats against U.S. facilities are real and likely to continue, as power plant operators […]
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Renewables
Abandoned TVA Nuclear Site Has New Life as Solar Farm
A long-shuttered Tennessee nuclear power plant project has been reborn as a solar farm, with the energy produced there made available for use by local residents and the Tennessee Valley Authority (TVA). The Phipps Bend Nuclear Power Plant project in Surgoinsville was canceled by TVA in 1981, a victim of the negative sentiment toward nuclear […]
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Renewables
European Pumped Storage Plants Are in Crisis
A number of baseload generators across Europe have decried the fall in average European wholesale power prices, which some peg to additions of subsidized low-marginal-cost renewable generation to an already
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Legal & Regulatory
A Mixed Bag of Nuclear Developments in UAE, S. Korea, Switzerland and S. Africa
The world’s nuclear sector saw a flurry of activity during April and May, though most of it wasn’t good news. First Unit at Barakah Built, but Regulatory Delays Prevail. Initial construction activities
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Renewables
MISO: Avoiding the Mess Facing Other Wholesale Competitive Electric Markets
The Midcontinent Independent System Operator’s (MISO’s) geographic footprint extends down the middle of the U.S. Because of the structure of its market, MISO has artfully avoided some nasty policy and
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Nuclear
Millstone Weighs Options as Opposition to Financial Aid Continues
Groups opposed to financial relief for Connecticut’s 2,111-MW Millstone Nuclear Power Station continue to press their case against subsidies for the plant as state lawmakers prepare for a special session to prepare a state budget for the new fiscal year, which begins July 1. The regular 2017 legislative session ended June 7. Dominion Energy in […]
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Legal & Regulatory
Cost Overruns at Vogtle Expected to Soar
Georgia Power officials say the utility continues to work with its partners in the troubled Vogtle nuclear plant to firm up construction timelines and determine the costs to complete two new units at the facility. At the same time, a group opposed to the project and two long-time project consultants say ballooning costs should put […]
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Press Releases
Rolls-Royce to supply Hanhikivi 1 nuclear power plant’s main automation
Yesterday, Fennovoima’s project took a step forward as British Rolls-Royce and French Schneider Electric were chosen as preferred automation suppliers subject to the final contract negotiations. Rolls-Royce would be the main supplier and provide the protection automation. Schneider Electric would be the operational I&C systems supplier. The deal – worth hundreds of millions of euros […]
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Legal & Regulatory
Exelon Announces Three Mile Island Nuclear Plant to Close in 2019
Exelon Corp. said it plans to retire the Three Mile Island (TMI) nuclear power plant around September 30, 2019, unless policy reforms are enacted in Pennsylvania. The company used a similar ploy in Illinois to pressure lawmakers into passing the state’s Future Energy Jobs bill, which provides subsidies for nuclear power plants. In that case, Exelon […]
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Nuclear
Chinese Reactor Is Ahead of Schedule as U.S. Nuclear Projects Flounder
China National Nuclear Corp. (CNNC) completed the dome lift at Fuqing Unit 5—the world’s first power plant being constructed utilizing the HPR 1000 (also known as the Hualong One) reactor design—15 days ahead of schedule on May 25. The feat was no small accomplishment. The dome weighs about 340 metric tons and has a diameter […]
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Nuclear
Southern Company Could Delay Plant Vogtle Decision Until Late Summer
CEO Tom Fanning told Southern Co.’s shareholders attending the company’s annual meeting on May 24 that a decision on how to proceed with the Plant Vogtle nuclear expansion could take several more months. The Vogtle expansion—one of two new nuclear construction projects underway in the U.S. utilizing Westinghouse’s AP1000 technology—has been in limbo, albeit still in […]
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Press Releases
GNF3 Fuel Product Completes U.S. NRC Approved Process for New Fuel Product Introductions
Global Nuclear Fuel (GNF) announced today that its newest fuel product, GNF3, has completed the U.S. Nuclear Regulatory Commission (NRC) approved process for new fuel product introductions. Based on evolutionary design changes and advanced technology developed by GNF, the GNF3 fuel assembly is designed to offer customers improved fuel cycle economics, increased performance and flexibility […]
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Nuclear
Ohio Committee Suspends FirstEnergy’s Nuclear Power Rescue Plan
Ohio-based FirstEnergy’s plan for a rescue of its two uncompetitive Ohio nuclear plants took a nosedive May 17, as the Ohio House Public Utilities Committee suspended action on the company’s proposal to charge its customers a fee to subsidize the plants. FirstEnergy’s plan mimics programs adopted in Illinois and New York to create “zero energy […]
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Nuclear
India Approves 10 New Pressurized Heavy Water Reactor Nuclear Units
India’s government has given the state-owned Nuclear Power Corp. of India Ltd. (NPCIL) the green light to develop 10 new domestically designed pressurized heavy water reactors (PHWRs). The approval means that NPCIL, the entity that owns and operates India’s 22 nuclear reactors—a total of 6.2 GW—can begin to site and build 10 more 700-MW PHWR […]
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Nuclear
EIA Predicts Nuclear Share of U.S. Generation to Fall Nearly 10% by 2050
In 2016, nuclear power accounted for about 20% of U.S. power generation, but that share is expected to fall to just 11% in 2050, according to the U.S. Energy Information Administration’s (EIA’s) 2017 Annual Energy Outlook (AEO2017). According to the EIA, 25% of the nation’s nuclear capacity, excluding plants that have already announced retirement, is […]
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Press Releases
GE Hitachi Awarded Outage Services Contract by Exelon Generation
Agreement Includes Services for Two Additional Pressurized Water Reactors WILMINGTON, North Carolina—April 26, 2017—Exelon Generation, operator of the largest nuclear fleet in the U.S., has awarded an integrated outage contract to GE Hitachi Nuclear Energy (GEH) for the utility’s entire fleet of boiling water reactor (BWR) nuclear energy facilities and three pressurized water reactor (PWR) […]
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Press Releases
PSEG Nuclear Enters Partnership with Sargent & Lundy
CHICAGO – PSEG Nuclear and Sargent & Lundy LLC recently announced they have entered into an alliance agreement for ongoing engineering services for the Salem and Hope Creek Nuclear Generating Stations in Lower Alloways Creek, New Jersey. The agreement calls for a majority of PSEG Nuclear’s modification design work as well other specialty support activities […]
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Gas
Exelon Chief Is Optimistic Despite Current Nuclear Market Turmoil
Exelon Corp., the nation’s largest nuclear generator, reinvented itself amid recent power pricing swings, market inequities, and policy worries that are challenging its “very existence,” a high-ranking executive told attendees at the ELECTRIC POWER Conference and Exhibition in Chicago this week. Bryan Hanson, president and chief nuclear officer for Exelon Generation, who gave the annual […]
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Legal & Regulatory
Japanese Court Awards Damages to Fukushima Residents
In a ruling that stunned the nation, a district court in Japan awarded damages to 62 plaintiffs who lived near the Fukushima Daiichi Nuclear Power Plant before the 2011 disaster, finding that plant owner Tokyo Electric Power Co. (TEPCO) and the Japanese government were aware of risks to the plant and could have taken measures […]
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Nuclear
SONGS Arbitration Panel Awards SCE $125 Million
An arbitration panel of the International Chamber of Commerce (ICC) has awarded Southern California Edison (SCE) $125 million in its dispute with Mitsubishi Heavy Industries (MHI) over the failed replacement of four steam generators at the San Onofre Nuclear Generating Station (SONGS), a fiasco that ultimately led to the plant’s premature retirement. Victory for MHI The […]
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Nuclear
Six Years After Fukushima, Only Three Reactors Operating in Japan, More Poised to Restart
Six years after the Fukushima disaster prompted an electricity crisis in Japan and sent tremors throughout the world’s nuclear power sector, Japan is determined to continue its reliance on nuclear for nearly a fifth of its power needs in the long term. Nuclear will make up 20% to 22% of Japan’s power mix by 2030, […]
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Nuclear
Fukushima Cleanup Hitting Snags as Robot Probes Fail
The epic recovery from the 2011 accident at Japan’s Fukushima Daiichi Nuclear Plant, already predicted to take decades and cost at least $35 billion, is encountering delays as a series of robot probes have failed due to encountering more difficult conditions than expected, plant owner Tokyo Electric Power (TEPCO) said this month. TEPCO’s head of […]
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Nuclear
New Construction Milestones for AP1000 Units
Construction of four AP1000 units—the first new nuclear reactors in the U.S. in decades—is moving along at Vogtle 3 and 4 in Georgia and at the V.C. Summer nuclear power plant in South Carolina. In January, Westinghouse, which is spearheading construction of the units, marked a key milestone as it placed the first steam generator […]
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Business
POWER Digest
Rolls-Royce SMR Design Gets Research Center’s Technology Support. Efforts to bring a proposed small modular reactor (SMR) developed by Rolls-Royce to the UK market will have the backing of the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), a collaboration of academic and industrial partners underpinned by the University of Manchester, and other industry partners, including […]
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Renewables
UAE to Rely on Renewables Over Long Term
A long-term energy strategy unveiled by leaders of the United Arab Emirates (UAE) in early January suggests that the federation on the Arabian Peninsula will increasingly rely on renewables to power its soaring economic growth. The UAE’s energy strategy was unveiled by Vice President Sheikh Mohammed bin Rashid Al Maktoum, who is prime minister of […]