nuclear

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 […]