power sector trends

In a hearing that underscored the mounting challenges facing the American power sector, industry leaders warned Congress that the nation’s power infrastructure is approaching a precarious juncture as unprecedented demand growth collides with retiring baseload generation. At the House Energy Subcommittee hearing on March 5, titled “Scaling for Growth: Meeting Demand for Reliable, Affordable Electricity,” […]

The Nuclear Regulatory Commission (NRC) has proposed to sharply reduce its hourly service fees—by more than 50%—for advanced nuclear reactor applicants and pre-applicants in a move designed to incentivize innovation and accelerate the deployment of next-generation nuclear technologies. In a proposed rule published in the Federal Register on Feb. 19, the regulatory body moved to […]

Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which the company will seek to secure new ownership while ensuring uninterrupted operations. The company’s Oct. 29 filings at the U.S. Bankruptcy Court for the District […]