nuclear

Exelon Corp., the nation’s largest nuclear generator, reinvented itself amid recent power pricing swings, market inequities, and policy worries that are challenging its “very existence,” a high-ranking executive told attendees at the ELECTRIC POWER Conference and Exhibition in Chicago this week. Bryan Hanson, president and chief nuclear officer for Exelon Generation, who gave the annual […]

In a ruling that stunned the nation, a district court in Japan awarded damages to 62 plaintiffs who lived near the Fukushima Daiichi Nuclear Power Plant before the 2011 disaster, finding that plant owner Tokyo Electric Power Co. (TEPCO) and the Japanese government were aware of risks to the plant and could have taken measures […]

An arbitration panel of the International Chamber of Commerce (ICC) has awarded Southern California Edison (SCE) $125 million in its dispute with Mitsubishi Heavy Industries (MHI) over the failed replacement of four steam generators at the San Onofre Nuclear Generating Station (SONGS), a fiasco that ultimately led to the plant’s premature retirement. Victory for MHI The […]

Six years after the Fukushima disaster prompted an electricity crisis in Japan and sent tremors throughout the world’s nuclear power sector, Japan is determined to continue its reliance on nuclear for nearly a fifth of its power needs in the long term. Nuclear will make up 20% to 22% of Japan’s power mix by 2030, […]

The epic recovery from the 2011 accident at Japan’s Fukushima Daiichi Nuclear Plant, already predicted to take decades and cost at least $35 billion, is encountering delays as a series of robot probes have failed due to encountering more difficult conditions than expected, plant owner Tokyo Electric Power (TEPCO) said this month. TEPCO’s head of […]

Construction of four AP1000 units—the first new nuclear reactors in the U.S. in decades—is moving along at Vogtle 3 and 4 in Georgia and at the V.C. Summer nuclear power plant in South Carolina. In January, Westinghouse, which is spearheading construction of the units, marked a key milestone as it placed the first steam generator […]

Rolls-Royce SMR Design Gets Research Center’s Technology Support. Efforts to bring a proposed small modular reactor (SMR) developed by Rolls-Royce to the UK market will have the backing of the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), a collaboration of academic and industrial partners underpinned by the University of Manchester, and other industry partners, including […]

A long-term energy strategy unveiled by leaders of the United Arab Emirates (UAE) in early January suggests that the federation on the Arabian Peninsula will increasingly rely on renewables to power its soaring economic growth. The UAE’s energy strategy was unveiled by Vice President Sheikh Mohammed bin Rashid Al Maktoum, who is prime minister of […]

Uranium oxide, the basic fuel for nuclear power plants, has recently sold at prices not seen in the past 13 years. In fact, the price is less than the cost of production in many cases. That could be a problem, because little is being done to increase the fuel supply, even though the world is […]