nuclear

Florida Power & Light (FPL), the largest utility in Florida, said September 7 it would shut down its Turkey Point and St. Lucie nuclear power plants in the hopes of limiting potential damage from Hurricane Irma. The facilities are the only operating nuclear plants in the state. FPL did not give specific timing for the […]

Ohio-based FirstEnergy Corp. has dropped the price of several assets as it continues to work toward closing a deal to sell five of the company’s natural gas-fired power plants, along with a hydroelectric facility, to an equity group that specializes in energy investments. FirstEnergy this week said it had cut the price of the facilities […]

NuScale Power, LLC announced today that the company has successfully submitted Part II of its Title XVII loan guarantee application to the U.S. Department of Energy (USDOE) under the Department’s Advanced Nuclear Energy Project Solicitation. Under this solicitation, USDOE seeks applications for loan guarantees to finance projects located in the United States that employ innovative […]

Lightbridge Corporation (NASDAQ:LTBR) and AREVA NP in North America (AREVA Inc.), signed a binding Heads of Terms Agreement for a joint venture (JV) that summarizes all material terms and conditions to develop, manufacture and commercialize Lightbridge’s advanced metallic fuel technology. Lightbridge is a U.S. nuclear fuel development company and AREVA NP is a leader in […]

Canadian Solar Expands Solar Power in Japan. Canadian Solar in July started commercial operation of its latest group of photovoltaic solar power plants in Japan as it continues to build its solar presence in

Georgia Power’s plan to continue construction of its Vogtle nuclear expansion project comes with changes among the contractors, with Bechtel taking over the lead and Fluor Corp., which has long served as a subcontractor, on its way out. Both companies bid to take over construction after Westinghouse Electric, the designer and principal contractor for the […]

A partnership of companies seeking to build twin AP1000 reactors as part of the Vogtle nuclear expansion in Georgia will seek to complete the project, even as costs could surge well beyond $20 billion. Southern Co. subsidiary Georgia Power on August 31 said the Vogtle project owners—Georgia Power, Oglethorpe Power, Municipal Electric Authority of Georgia […]

GE Hitachi Nuclear Energy (GEH) and Advanced Reactor Concepts LLC (ARC Nuclear) today announced steps to advance their collaboration to develop and license the ARC-100 advanced small modular reactor (aSMR). Through a newly-signed Development Agreement, GEH intends to license intellectual property associated with its PRISM advanced reactor design to ARC Nuclear. GEH has also agreed […]

A lawsuit filed in South Carolina wants state-owned utility Santee Cooper to sell the parts from a coal-fired power plant project it suspended in 2009, saying customers should receive the proceeds as payback for Santee Cooper raising residential and commercial rates after the project was stopped. Conway, S.C., attorney George Hearn Jr. filed the lawsuit […]

SCHOTT, an expert provider of glass-to-metal electrical penetration assemblies to the nuclear power industry, has welcomed a report released by the International Atomic Energy Agency (IAEA) highlighting the potentially severe issues that can occur as a result of complete failure of electrical and instrumentation and control (I&C) equipment under severe accident conditions. The report, the […]