nuclear

A widespread misconception persists that nuclear plants can only function as inflexible baseload sources of power—and it’s hurting prospects for the nuclear sector’s role in the world’s future power

A wide-ranging bill introduced by a large group of bipartisan U.S. senators on March 27 seeks to cement the role advanced nuclear reactors will play in the nation’s future power mix.  The “Nuclear Energy Leadership Act” (NELA), aims to “reestablish U.S. leadership in nuclear energy,” which has been lost to state-sponsored development in Russia and […]

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

Energy Secretary Rick Perry on March 22 said his department will guarantee up to $3.7 billion in additional loans to finance continued construction of two new nuclear reactors at the Vogtle plant in Georgia. While Perry and other government officials stressed the importance of the project to the U.S. nuclear industry, critics called it a […]

A report from an independent market monitor for PJM Interconnection shows that natural gas-fired power generation topped coal-fired output in PJM in 2018, the first time that gas has topped coal in the history of the largest U.S. grid operator. The “2018 State of the Market” report from Monitoring Analytics LLC, which includes Volume 1 […]

Dominion Energy has reached an agreement with utilities in Connecticut to keep the Millstone Power Station, the state’s only nuclear power plant, in service for at least another decade. Dominion announced the deal March 15, the deadline the company had to tell ISO New England, the regional grid operator, whether it would retire the two […]

The U.S. has agreed to build six nuclear power plants in India, according to a joint statement from the two countries issued March 13 in Washington, D.C. The countries held two days of talks this week, discussing international security and nuclear cooperation. The talks involved Andrea Thompson, the U.S. undersecretary of state for arms control […]

Nathan Myhrvold, the long-time polymath idea man for Bill Gates, his former boss at Microsoft, on March 12 told the Nuclear Regulatory Commission’s (NRC’s) annual regulatory information conference, “Energy is the fulcrum that gives leverage to human ingenuity.” Nuclear, he said, must be a large part of providing that leverage to the world. Myhrvold, speaking […]

A Wyoming bill designed to keep coal-fired power plants operating in the state was signed into law by the state’s governor last week, one of several developments worldwide that impacted the power generation landscape in early March. Also in the U.S., the Tennessee Valley Authority (TVA) defended its hiring of a contractor that led the […]