nuclear

Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]

The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]

The real estate developer who has tried for more than two years to buy the assets of the canceled Bellefonte nuclear power plant project in Alabama has sued the Tennessee Valley Authority (TVA) after TVA last week pulled out of the deal to sell the plant. Attorneys for Franklin Haney, whose Nuclear Development LLC (NDLLC) […]

France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction. According to the World Nuclear Association, France’s nuclear power share has steadily expanded […]

A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and wind power as they move away from fossil fuel-powered generation. Today’s report, from a survey by BNEF’s annual Climatescope project, says “emerging market nations … […]

PORTLAND, Ore. (November 27, 2018) — NuScale Power announced today that it has signed a memorandum of understanding (MOU) with Bruce Power L.P., Canada’s first private nuclear generator, to develop a business case to introduce NuScale’s small modular reactor (SMR) technology to the Canadian market. This latest agreement demonstrates the growing enthusiasm in Canada for […]

A series of strikes at French nuclear plants owned by power giant EDF have caused fluctuating electricity supplies, prompting concerns as the country prepares for a prolonged cold snap. Workers are reportedly protesting wage negotiations and a possible plan by the French government to restructure EDF. The energy branch of French trade union CGT on […]

Entergy Arkansas said it will close the state’s two largest coal-fired power plants, along with one gas-fired plant, by 2030 as part of a settlement with environmental groups that sued the utility in federal court for alleged violations of the Clean Air Act (CAA). The Sierra Club and the Washington, D.C.-based National Parks Conservation Association […]

State-imposed standards and financial incentives such as those used to spur widespread adoption of renewables technologies offer a promising model to address challenges to commercialize small modular reactors (SMRs), says a report by the U.S. Department of Energy’s (DOE’s) Office of Nuclear Energy. But to make a meaningful impact, nearly $10 billion in incentives will […]

WILMINGTON, North Carolina (November 13, 2018) —GE Hitachi Nuclear Energy (GEH) and its PRISM technology have been selected by Battelle Energy Alliance (BEA) to support the U.S. Department of Energy’s Versatile Test Reactor (VTR) program which seeks to utilize fast neutron spectrum technology to support accelerated development of fuels and materials for U.S. advanced reactors. The […]