power generation
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Nuclear
DOE Reissues $900M Nuclear SMR Opportunity, Scraps Community Criteria to Focus on Technical Merit
The U.S. Department of Energy (DOE) has reissued a $900 million funding opportunity to accelerate deployment of Generation III+ small modular reactors (SMRs), removing community benefit requirements and shifting the focus solely to technical merit—a move that reflects the Trump administration’s revised energy and industrial priorities. The funding opportunity announcement (FOA)—officially designated DE-FOA-0003485—was first issued […]
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Markets
PJM Market Challenges Demand Bold Reforms, Experts Warn
Energy experts have called for bold reforms—from transmission planning to permitting streamlining and faster interconnection approvals—to prevent further volatility and ensure PJM Interconnection meets its reliability mandate without disproportionately burdening consumers. During a March 19 webinar hosted by Advanced Energy United—a trade group that advocates for policies supporting the transition to 100% clean energy—industry experts […]
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Legal & Regulatory
Trump Administration Backs $1.52B Loan for Palisades Nuclear Restart
The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the 800-MW Palisades Nuclear Plant in Michigan. The funding, a key step in reviving the shuttered facility, reinforces a loan guarantee initially issued under the Biden […]
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Trends
Tech and Industry Giants Pledge to Triple Global Nuclear Power by 2050
A coalition of large energy users—including Google, Amazon, Meta, Occidental, and Dow—have pledged their support for tripling global nuclear capacity by 2050. The cross-industry commitment, announced on the sidelines of CERAWeek by S&P Global in Houston, marks the first time large energy users beyond the nuclear sector have collectively backed such an extensive expansion of […]
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Trends
A Business-Like Approach to Power Generation
The decentralization of electricity production and delivery is evident in the commercial and industrial (C&I) sector, as businesses move to produce their own power to ensure a reliable and resilient supply
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Power
The POWER Interview: Terrestrial Energy’s Push to Commercialize Molten Salt Reactors for Industrial and Grid Applications
Nuclear technology firm Terrestrial Energy has quietly been making progress on its Integral Molten Salt Reactor (IMSR) technology, laying the crucial groundwork for a commercial fleet by the early 2030s. Terrestrial Energy Simon Irish answered key questions about the company’s deployment timeline, market positioning, and competitive edge, offering an inside look at the company’s strategy […]
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Nuclear
Last Energy Secures UK Nuclear Licensing Milestone for South Wales SMR Project
Last Energy has formally launched the UK’s nuclear site licensing (NSL) process for plans to develop four 20-MWe microreactors in South Wales, becoming the first small modular reactor (SMR) developer to make the move. The UK Office for Nuclear Regulation (ONR) on Feb. 17 confirmed the U.S.-based nuclear technology firm’s entry into the critical licensing […]
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Trends
Constellation Moves to Acquire Calpine in $16.4B Deal, Forming Competitive Generation Goliath
Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean and reliable energy in the U.S. with an asset portfolio of more than 60 GW. The definitive agreement, announced on Jan. 10, includes a cash and stock transaction valued at […]
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Sustainability
Wärtsilä Among Groups in New Consortium to Explore Hydrogen-Argon for Net-Zero Power
Technology group Wärtsilä is part of a new research project exploring innovative technology for cleaner, more energy-efficient engines utilizing a closed-loop combustion cycle. The research, announced on Nov. 26, will focus on the use of argo, a non-toxic ideal gas present in the atmosphere, to increase efficiency of balancing engines. The co-innovation project is run […]
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Legal & Regulatory
EPA Proposes Tighter NOx Limits for Combustion Turbines
The U.S. Environmental Protection Agency has proposed tougher nitrogen oxide (NOx) emissions limits for new, modified, and reconstructed stationary combustion turbines. The proposed rule identifies a combination of combustion controls and selective catalytic reduction (SCR) as the Best System of Emission Reduction (BSER) for most turbines though it proposes combustion controls alone for certain smaller […]