nuclear

There is perhaps no industry in the U.S. experiencing a greater range of fortunes than nuclear power. Across much of the country, nuclear plants that must compete in deregulated markets are often economically

The Department of Energy (DOE) announced on January 15 that it was awarding up to $40 million each in cost-shared funding to Southern Co. and X-Energy to “support work to address key technical challenges to the design, construction, and operation of next generation nuclear reactors.” It also announced on January 18 that it was awarding […]

Georgia Power (GP) announced on Jan. 4 that the owners of the expansion project at the Vogtle nuclear power plant (GP, Oglethorpe Power Corp., the Municipal Electric Authority of Georgia, and Dalton Utilities) have settled all pending litigation with the original project contractors, Westinghouse and CB&I. According to GP, the settlement resolves “all claims currently […]

The United Arab Emirates (UAE) is a country flush with fossil fuels, so why does its government want nuclear power to form the backbone of its electricity supply? POWER interviewed Emirates Nuclear Energy Corp. CEO Mohamed Al Hammadi to find the answer and to learn more about the world’s largest in-progress nuclear construction project. Located […]

POWER‘s monthly infographic sheds light on power sector trends globally, and in 2015, it highlighted changes in plant retirements, sector revenues, rule costs, workforce, emissions technologies, and electricity costs, among other subjects. January 2015: Baseload Retirements How coal plant retirements compare with retirements of other baseload generation sources. February 2015: Power Revenues How revenues for fossil power […]

Russia and India will finalize a deal for Units 5 and 6 of the Kudankulam nuclear plant during Prime Minister Narendra Modi’s visit to Moscow this week, according to reports in the Indian media. Russia has been on a major drive to sell its nuclear technology abroad, while India has been on a similar campaign […]

FirstEnergy Corp., which may enter into a settlement with Ohio to safeguard the future of its Davis-Besse nuclear plant—a deal critics have blasted as “corporate welfare”—just got the Nuclear Regulatory Commission’s permission to operate the 1978-built reactor until 2037. The 20-year license extension marks a milestone for Akron-headquartered FirstEnergy, which has warned it might have […]

Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]

In a major speech setting out the future direction of the UK’s energy policy, Energy and Climate Change Secretary Amber Rudd announced plans to restrict the use of the country’s coal-fired power stations by 2023 and close all of the facilities by 2025. “Frankly, it cannot be satisfactory for an advanced economy like the UK […]

Levelized Cost of Electricity

AREVA has installed the first-ever boiling water reactor (BWR) assemblies in the U.S. that features an 11×11 fuel rod array, the French nuclear giant revealed this September. The new fuel design, the ATRIUM 11, has been used to produce power at two nuclear plants since April, though AREVA declined to name the reactors. However, the […]

Westinghouse Electric wants the UK to partner in the deployment of its small modular reactor (SMR) technology.  The Toshiba Corp. group on Oct. 20 submitted an unsolicited proposal that outlines a ““shared design and development model” under which Westinghouse would contribute its small modular reactor conceptual design and then partner with UK government and industry […]

GE Hitachi Nuclear Energy (GEH) and DTE Energy announced plans to explore advancing the detailed design of the Economic Simplified Boiling Water Reactor (ESBWR). According to GEH, the ESBWR is the world’s safest approved nuclear reactor design based on core damage frequency. The reactor has advanced passive safety systems, and is designed to cool itself […]

Russia and Vietnam Ink Deal for First Ninh Thuan Nuclear Unit. Russia’s nuclear group Rosatom and Vietnam’s state-owned power company Electricity of Vietnam (EVN) on July 30 signed a general framework

Entergy’s 850-MW James A. FitzPatrick nuclear plant located near Oswego, N.Y., may be the next reactor doomed to close on profitability woes.  Entergy’s CEO Leo Denault told attendees at the Barclays CEO EnergyPower Conference on Sept. 10 that the company will need to decide by the end of this year whether to go forward with […]

With all 40 remaining construction milestones for V.C. Summer Nuclear Station Units 2 and 3 behind schedule (33 by more than 18 months) as of June 30, South Carolina Electric & Gas Co. (SCE&G) awaits approval of the petition it filed with the Public Service Commission of South Carolina (SCPSC) to update its construction and […]

Nearly two years after Japan’s last nuclear power plant was shut down for safety checks, Kyushu Electric Power Co. has started up the 890-MW Sendai-1. The event marks a significant milestone for the country’s nuclear sector, which was crippled by the Fukushima disaster in 2011.  Kyushu started up Sendai-1 at 10:30 a.m. local time and […]

According to data compiled and reported by Fraunhofer-Institut für Solare Energiesysteme ISE—a German-based solar energy research institute—from July 1 through August 5, solar and wind energy produced 6.24 TWh and 7.09 TWh of electricity respectively, compared to 5.94 TWh of nuclear power generation in Germany. Although it’s not the first time wind production has exceeded […]

Ameren Missouri has dropped plans to build a second nuclear unit at its Callaway Energy Center, citing shaky economics in the context of cheaper renewables, low demand, and other factors for its decision. “While we continue to believe nuclear power must be an important clean energy source for our company and country, as evidenced by […]

E.ON in late June announced that it wants to shutter its Oskarshamn 2 reactor (Figure 1) in southeastern Sweden because it is unprofitable. The announcement is the latest in a string of early nuclear plant retirements from around the world. 1. Early retirement. The 638-MW Oskarshamn 2 nuclear reactor, built in 1974, is at risk […]

Nuclear Regulatory Commission (NRC) inspectors reported that the Tennessee Valley Authority’s performance during a recent assessment conducted at Watts Bar Unit 2 indicated that the plant is ready to startup and conduct power operations. The news was conveyed at a public meeting hosted by the NRC on July 27 in Athens, Tenn., to review results […]

A new report from the Government Accountability Office (GAO) reveals surprising aspects about how federal subsidies for electricity have been distributed, how the power generation mix has shifted, and how consumption has transformed since 2001.  The June 29–released report, “Generation Mix has Shifted, and Growth in Consumption has Slowed, Affecting System Operations and Prices,” responds […]

The Nuclear Regulatory Commission (NRC) released details from its security inspection program for commercial nuclear power reactors and Category I fuel cycle facilities, finding only one “failure to protect designated target set components effectively” during the 23 NRC-evaluated force-on-force (FOF) exercises conducted in 2014. Although not perfect, the marks are far better than inspection results […]

The International Energy Agency predicts that nearly 200 reactors will be decommissioned during the next 25 years. Industry best practices and new technology can help make the process go more smoothly. It may not come as a surprise, but the average age of operating reactors in the U.S. is greater than 35 years. There hasn’t […]

The last of three conditional commitments offered by the Department of Energy (DOE) to the coalition building two nuclear reactors at Plant Vogtle in Georgia was finalized on June 24, allowing the project to be fully financed.  Since it conditionally offered $8.33 billion in loan guarantees in 2010, the DOE has issued $6.5 billion in guarantees […]

Several major nuclear announcements surfaced from around the world this week. South Korea plans to retire its oldest nuclear reactor early, Nigeria selected two sites for the construction of four nuclear reactors, while Pakistan approved the construction of two China-assisted reactors.  KHNP Moves to Retire Kori 1 Early  Amid growing concerns about the safety of […]

Southern Co. announced on June 16 that construction has been completed on a new FLEX dome—a structure built to house emergency equipment needed to respond to an extreme external event—at its Vogtle nuclear plant. The Nuclear Regulatory Commission (NRC) is requiring U.S. nuclear plants to build protected structures like the FLEX dome in response to […]

Construction was suspended on Watts Bar Nuclear Plant Unit 2 in the late 1980s, and the plant sat idle for more than 20 years. Now, through equipment refurbishment and replacement, Unit 2 is on track to become the first new commercial nuclear reactor to come online in the U.S. in the 21st century.  Electricity consumption […]

The Environmental Protection Agency’s (EPA’s) Clean Power Plan (CPP) is feasible in its ultimate goals, but getting there will take a lot of work and some rethinking of how the targets are achieved

A Japanese court has blocked plans to reopen two reactors that had been previously cleared to resume operations by the Nuclear Regulation Authority (NRA).  Local residents in western Japan’s Fukui Prefecture, where Kansai Electric Power Co.’s Takahama nuclear plant is located, successfully petitioned a court to issue an injunction halting plans to restart Units 3 […]