nuclear power

Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]

Exelon Corp. said it plans to retire the Three Mile Island (TMI) nuclear power plant around September 30, 2019, unless policy reforms are enacted in Pennsylvania. The company used a similar ploy in Illinois to pressure lawmakers into passing the state’s Future Energy Jobs bill, which provides subsidies for nuclear power plants. In that case, Exelon […]

China National Nuclear Corp. (CNNC) completed the dome lift at Fuqing Unit 5—the world’s first power plant being constructed utilizing the HPR 1000 (also known as the Hualong One) reactor design—15 days ahead of schedule on May 25. The feat was no small accomplishment. The dome weighs about 340 metric tons and has a diameter […]

In 1957, legendary Calypso singer and civil rights activist Harry Bellefonte recorded “Jamaica Farewell,” which became a major hit in the U.S. The song’s chorus: “Sad to say, I’m on my way, won’t be back for many a day.” That looks like the theme song for nuclear power in the U.S. (and perhaps Western Europe […]

The recent announcement by Westinghouse Electric Co. that it had filed for bankruptcy sent a shockwave through the nuclear power industry. It wasn’t a secret that the company was struggling financially as a

India’s Department of Atomic Energy, the entity responsible for research, construction, and operation of the country’s nuclear power reactors, will build two prototype fast-breeder reactors (PFBRs) at

A decade ago, the annual Platts nuclear energy conference in Washington was brimming with optimism over a coming “nuclear renaissance,” as licensing requests poured into the Nuclear Regulatory Commission

China has brought 24 of its 36 operating nuclear reactors online at a breakneck pace since 2010, but there are signs it may roll out future plants that are still under construction more slowly, owing in part

AREVA NP signed a multimillion-dollar agreement with the Tennessee Valley Authority (TVA) to provide fleet-wide refuel equipment upgrades. Under this contract, AREVA NP will upgrade existing refueling platforms, manipulator cranes, fuel transfer systems and used fuel bridge components. This modern equipment will help operators increase efficiency, strengthen performance and reduce time when receiving, moving and […]

After a lengthy process of give and take, the Illinois Legislature approved the Future Energy Jobs Bill (SB 2814) on December 1, the last day of the state’s veto session. The bill will now go to Gov. Rauner (R) for his signature, which is expected. Once signed, it will take effect on June 1, 2017, […]