Constellation Energy in Deal to Buy NRG’s Stake in South Texas Nuclear Project

Constellation Energy in Deal to Buy NRG’s Stake in South Texas Nuclear Project June 4, 2023 Constellation Energy is acquiring NRG Energy’s 44 percent stake in the 2,645-megawatt South Texas Project nuclear plant in Texas. The transaction is valued at $1.75 billion, with an effective purchase price of $1.4 billion…

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California unlikely to run short of electricity this summer thanks to winter storms, new power sources

California unlikely to run short of electricity this summer thanks to winter storms, new power sources May 25, 2023 California regulators say the state is unlikely to experience electricity shortages this summer after securing new power sources and a wet winter that filled the state’s reservoirs enough to restart hydroelectric…

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Westinghouse unveils “game-changing” AP300 small modular reactor

Westinghouse unveils “game-changing” AP300 small modular reactor MAY 8, 2023 Cranberry Township-based Westinghouse Electric Company announced Thursday it had launched a “game-changing” nuclear technology advancement – a new small modular reactor. The AP 300 reactor is a 300-MWe single-loop pressurized water reactor, the company said, based on the scaled design…

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World Leaders Agree to Boost Nuclear Power, While Germany Shuts Its Plants

World Leaders Agree to Boost Nuclear Power, While Germany Shuts Its Plants April 17, 2023 Some of the world’s largest most influential nations have formed an alliance to create new supply chains for nuclear energy—the same weekend that another country announced it had completely weaned itself off the energy source.…

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PacifiCorp eyes renewables as it plans to stop burning coal at most of its Wyoming plants

PacifiCorp eyes renewables as it plans to stop burning coal at most of its Wyoming plants April 5, 2023 Wyoming’s largest power company is shifting toward renewables and away from coal; however, the state is still planning a future that includes fossil fuels. PacifiCorp, also known as Rocky Mountain Power…

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Xcel is cleaning up radioactive water spill at Monticello plant

Xcel is cleaning up radioactive water spill at Monticello plant MARCH 16, 2023 A broken pipe at Xcel Energy’s Monticello Nuclear Generating Plant leaked about 400,000 gallons of water containing radioactive tritium, and the utility is working to clean up the contaminated plume, state regulators said Thursday. Both Xcel and…

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Constellation starts up nuclear-powered clean hydrogen facility in New York

Constellation starts up nuclear-powered clean hydrogen facility in New York Mar 07, 2023 Constellation Energy Company has started up a 1MW demonstration-scale, nuclear-powered clean hydrogen production facility at its Nine Mile Point plant in Oswego, New York. Believed to be the first of its kind in the nation, the plant…

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Renewables and nuclear set to cover global growth in electricity demand, IEA says

Renewables and nuclear set to cover global growth in electricity demand, IEA says

Renewables and nuclear set to cover global growth in electricity demand, IEA says Energize Weekly, February 15, 2023 New renewable and nuclear generation is set to meet 90 percent of the growing demand for electricity globally during the next three years, while increasing extreme weather will test grid resilience, according…

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More than half of new U.S. electric-generating capacity in 2023 will be solar

More than half of new U.S. electric-generating capacity in 2023 will be solar FEBRUARY 6, 2023 Developers plan to add 54.5 gigawatts (GW) of new utility-scale electric-generating capacity to the U.S. power grid in 2023, according to our Preliminary Monthly Electric Generator Inventory. More than half of this capacity will…

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The United States Is Facing Electricity Famine

The United States Is Facing Electricity Famine Feb. 7, 2023 There are signs that we are heading towards an electricity famine; a life-threatening energy Holodomor throughout many areas of the United States caused by political decisions. The system is being set up to fail. This problem this time is not…

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SNC-Lavalin, Aecon join team building North America’s first small modular reactor

SNC-Lavalin, Aecon join team building North America’s first small modular reactor 30.01.23 Canadian power company Ontario Power Generation (OPG) has retained Candu Energy, part of the SNC-Lavalin Group, and Canadian contractor Aecon to design and build a small modular reactor (SMR) at the Darlington nuclear plant in Ontario before the…

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Senators explore power supply failure — especially natural gas — during Christmas storm

Senators explore power supply failure – especially natural gas – during Christmas storm January 26, 2023 The winter storm of Dec. 23-25 produced an unexpectedly high demand for electricity. Despite the surprise, PJM, the 13-state power grid organization — thought it had plenty of reserve on hand. But the power…

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First Bitcoin Mining Powered By Nuclear Energy To Open In The U.S. In Q1 This Year

First Bitcoin Mining Powered By Nuclear Energy To Open In The U.S. In Q1 This Year January 23, 2023 Positioning bitcoin mining with carbon-free sources, like nuclear energy, offers enormous benefits to the cryptocurrency industry as digital assets grow in popularity, acceptability, and engagement with the broader economy. World Nuclear…

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Electricity generation global demand for fossil fuels is about to peak, RMI says

Electricity generation global demand for fossil fuels is about to peak, RMI says

Electricity generation global demand for fossil fuels is about to peak, RMI says Energize Weekly, January 25, 2023 The world has reached – or is close to reaching – peak demand for fossil fuels for generating electricity as the installation of cheaper renewable generation continues to grow, according to an…

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Coal-to-nuclear plans may speed up reactor build in series

Coal-to-nuclear plans may speed up reactor build in series January 16, 2023 New nuclear projects, especially first-of-a-kind (FOAK) technology, are expected to be expensive and difficult to plan efficiently as their deployment must also include the creation of new supply chains, the training of a new workforce, and the construction…

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Holtec seeks $7.4 billion loan for expansion tied to new reactor

Holtec seeks $7.4 billion loan for expansion tied to new reactor Jan. 9, 2023 Holtec International Inc. has applied for a $7.4 billion federal loan to fund expansion expected from future sales of a company-designed nuclear reactor. Holtec would tap the loan to boost capacity to make parts at its…

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Sweden turns to France as it looks to buy two new nuclear reactors

Sweden turns to France as it looks to buy two new nuclear reactors January 3, 2023 Sweden and France could be set to join forces to build new nuclear power stations in the Nordic nation, to boost domestic power production and guarantee security of supply. Swedish Prime Minister Ulf Kristersson…

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Holtec to reapply for funding to restart Palisades

Holtec to reapply for funding to restart Palisades 20 December 2022 Holtec agreed in 2018 to purchase the plant for decommissioning from operator Entergy, completing the acquisition in June. In July, Holtec – with the support of Governor of Michigan Gretchen Whitmer – submitted an application for funding under the…

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DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future

DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future December 08, 2022 DTE Energy (NYSE:DTE), Michigan’s largest producer of clean energy, today announced the retirement of two coal-fired power plants, bringing Southeast Michigan closer to a carbon-free future…

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Department of Energy rejects Holtec International’s plan to restart Palisades Nuclear Power Plant

Department of Energy rejects Holtec International’s plan to restart Palisades Nuclear Power Plant Dec 6, 2022 No second life for Palisades: after applying for a Civil Nuclear Credit program, the United States Department of Energy rejected Holtec International’s plan to restart the decommissioned facility. “Obviously, it was disappointing news when…

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Experts say Virginia is capable of building a small modular nuclear reactor today if approvals were in place

Experts say Virginia is capable of building a small modular nuclear reactor today if approvals were in place November 28, 2022 It would likely take a decade to place a small modular nuclear reactor in Southwest Virginia as Gov. Glenn Youngkin has proposed, but nuclear experts say the technology is…

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Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open

Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open NOV 21 2022 The Biden administration on Monday said it’s providing Pacific Gas & Electric Co. with a $1.1 billion grant to help the company prevent the closure of Diablo Canyon, California’s last nuclear power plant. Diablo Canyon…

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U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns

U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns

U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns Energize Weekly, November 23, 2022 A large swatch of the U.S. electricity grid – in Texas, the Midwest, Southeast and New England – is at risk of being unable to provide adequate power in the face of extreme…

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As Europe Quits Russian Gas, Half of France’s Nuclear Plants Are Off-Line

As Europe Quits Russian Gas, Half of France’s Nuclear Plants Are Off-Line Nov. 15, 2022 An army of engineers has fanned out through nuclear power plants across France in recent months, inspecting reactors for signs of wear and tear. Hundreds of expert welders have been recruited to repair problems found…

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DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040

DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040 Nov. 7, 2022 DTE Energy unveiled a new 20-year plan that includes increasing solar and wind energy while reducing reliance on coal, which translates into closing the Monroe Power Plant by 2028. According to…

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PG&E formally moves to extend life of Diablo Canyon, the last nuclear plant in California

PG&E formally moves to extend life of Diablo Canyon, the last nuclear plant in California NOVEMBER 01, 2022 PG&E Corp. formally asked federal regulators Monday to extend the life of Diablo Canyon, the last operating nuclear plant in California, as part of Gov. Gavin Newsom’s effort to improve reliability of…

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American Electric Power hit with second subpoena tied to nuclear bailout bill

American Electric Power hit with second subpoena tied to nuclear bailout bill Oct. 28, 2022 American Electric Power has been hit with a second subpoena from federal regulators looking for information tied to the power company’s involvement in the scandal-ridden House Bill 6 legislation enacted three years ago to bail…

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An Alaska Air Base Wants to Build a Micro Nuclear Plant for Backup Power

Alaska Air Base Wants to Build a Micro Nuclear Plant for Backup Power October 17, 2022 Last month, the Air Force issued a request for proposals to construct a 2.5-megawatt micro-reactor at Eielson to supplement its current 20-MW coal-fired heat and power plant that delivers power across the installation on…

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Holtec, Nuclear Regulatory Commission keep focus on dismantling Palisades

Holtec, Nuclear Regulatory Commission keep focus on dismantling Palisades Oct 2, 2022 Despite efforts to resume the operation of the Palisades Nuclear Power Plant in Covert Township, it appears its decommissioning will begin in earnest. Holtec International, which bought the plant from Entergy Inc., has been given the green light…

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Argonne National Laboratory and Constellation look at producing hydrogen at NPPs

Argonne National Laboratory and Constellation look at producing hydrogen at NPPs 27 September 2022 Constellation Energy Corporation and the Department of Energy’s (DOE’s) Argonne National Laboratory (ANL) have announced a long-term agreement to evaluate trends in the US energy system and develop technologies for more efficient, carbon-free power generation. One…

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Global coal-fired generation spikes in 2021, even as wind and solar reach new highs

Global coal-fired generation spikes in 2021, even as wind and solar reach new highs

Global coal-fired generation spikes in 2021, even as wind and solar reach new highs Energize Weekly, September 28, 2022 The world recorded an unprecedent spike in coal-fired generation in 2021 – even as wind and solar generation also reached record levels, according to a report by Bloomberg NEF and Bloomberg…

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Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says

Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says

Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says Energize Weekly, September 21, 2022 Old coal-fired power plants could have an economical, second life as sites for a new generation of nuclear power projects, according to a study by the U.S. Department of…

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