nuclear power
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Nuclear
Nuclear Industry Giants Collaborate on European Projects While Japan Expands Partnership with U.S. Reactor Designer
Westinghouse Electric Company and Bechtel have together proposed a deal to supply the Czech Republic with as many as four AP1000 nuclear reactors. The proposal aims to construct one or two units at the Dukovany nuclear site and two additional units at the Temelin site. The Dukovany site currently has four Russian-designed VVER-440 nuclear units, […]
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Full Coverage
Olkiluoto Unit 3 Provides Carbon-Free Nuclear Power and Energy Security for Finland
As a first-of-a-kind project, Olkiluoto Unit 3 took more time to build than was originally expected, but the end result has proven worth the wait. Calling it the “largest single climate action” in
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Press Releases
NuScale Power Comments on Inaccurate Short-Seller Report
PORTLAND, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report). The inaccurate and deceptive “research” is riddled with speculative statements with no basis in fact and demonstrates a limited understanding of small modular nuclear reactors […]
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Hydrogen
Constellation Planning Significant Nuclear-Powered Hydrogen Facility at LaSalle
Constellation Energy will use a portion of newly announced federal funding for the Midwest Hydrogen Hub (MachH2) to build “the world’s largest nuclear-powered clean hydrogen facility” at its 2.3-GW LaSalle Clean Energy Center in Illinois. The company on Oct. 16 said it plans to leverage a $1 billion award announced by the Department of Energy (DOE) last […]
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Nuclear
Bipartisan Support Makes Backing Nuclear Power an Administration-Proof Investment
Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), the policy organization of the nuclear technologies industry, suggested a bipartisan majority in Congress recognizes the importance of nuclear energy and has supported the industry with unprecedented levels of funding. As an example, Korsnick pointed to the Bipartisan Infrastructure Law, which provided a $6 […]
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Nuclear
NuScale Gets a Win with SMRs for Data Centers in Ohio and Pennsylvania
Standard Power, a provider of infrastructure as a service to advanced data processing companies, has chosen NuScale Power’s small modular reactor (SMR) technology to power two facilities it plans to develop—one in Ohio and the other in Pennsylvania. ENTRA1 Energy, an independent global energy development and production company, will support Standard Power’s two projects. “We […]
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Nuclear
Nuclear Power Is Making a Comeback: What Will It Take to See Meaningful Growth?
There are many reasons for the nuclear power industry to feel optimistic about the future. For example, the entry of Vogtle Unit 3 into commercial operation on July 31 was a significant milestone and one worth
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Interview
The POWER Interview: Making the U.S. Nuclear Industry Great Again
There are many reasons to be optimistic about the prospects for nuclear energy. As a carbon-free energy source, it is a great option for power generation in a world trying to reduce greenhouse gas emissions and stop climate change. The fact that nuclear reactors can operate at baseload with capacity factors regularly greater than 90% […]
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Nuclear
Palisades Nuclear Power Plant May Get a Second Chance with Holtec-Wolverine Agreement
Holtec International, a diversified energy technology company, and Wolverine Power Cooperative, a not-for-profit power generation cooperative based in Michigan, announced that they have entered into a long-term agreement that will “pave the way” for the restart of the 800-MW Palisades Nuclear Power Plant in Covert Township, Michigan (Figure 1). The Palisades reactor was taken offline […]
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Nuclear
Planning Is Key to Successful Nuclear Refueling Outages
U.S. nuclear power plants typically refuel every 18 to 24 months. Refueling outages normally occur in the spring and fall of the year when demand for electricity is at its lowest. The Energy Information