Demand for small modular reactors surges 65% as clean energy ambitions grow March 8, 2024 A growing desire to include nuclear energy in many nations’ clean energy mix has seen a strong push for the development of small modular reactors (SMRs) because of their potential cost savings and adaptability. According to a new report, this…
Plant Vogtle Unit 4 reaches start-up milestone Mar 4, 2024 Georgia Power has announced that Unit 4 at the Vogtle nuclear expansion project near Waynesboro has achieved another major milestone in start-up testing by generating electricity and successfully synchronizing and connecting to the electric grid for the first time. This milestone follows initial criticality, reached…
Xcel says big reason it needs to spend millions on new projects is regional grid’s reliability risks MARCH 4, 2024 The growing risk of unreliability and potential expense of buying energy on the open market is a big reason why Xcel Energy wants to make significant investments in its infrastructure. The issue was underscored last…
Bill supporting development of nuclear energy wins passage in Kentucky Senate February 26, 2024 The Kentucky Senate voted overwhelmingly Monday to lay the foundation to attract nuclear energy projects to a state where coal has dominated and fueled the economy for generations. Republican Sen. Danny Carroll said Kentucky should embrace a cross-section of sources —…
Vogtle Unit 4 reaches first criticality 2.14.2024 Operators have safely started the nuclear reaction at Vogtle Unit 4, according to an announcement from Georgia Power. This step, known as initial criticality, happens when the nuclear fission reaction becomes self-sustaining and is necessary to generate enough heat to produce electricity. Operators will now continue increasing power…
Eversource seeks 19% rate hike on CL&P customers February 15, 2024 Eversource filed a request Thursday for a $784 million rate adjustment that would bump its Connecticut Light & Power electric rates by nearly 19%, costing an average residential customer an additional $38 a month on May 1. The United Illuminating Company, an Avangrid subsidiary…
Xcel asks for more nuclear waste storage to operate Prairie Island until 2050s FEBRUARY 8, 2024 Xcel Energy says it needs to store far more nuclear waste at its Prairie Island facility to extend the plant’s life by 20 years, as it has proposed in its long-range plan. Keeping the plant’s two units running until…
$1.5 billion DOE loan aims to restart Palisades Jan 31, 2024 The Palisades nuclear power plant in Covert, Mich., may become the first in the United States to be restarted after permanent shut down—with help from a $1.5 billion loan being championed by the Biden administration. Holtec International could receive the funding as soon as…
Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023 Energize Weekly, February 7, 2024 Global investments in the energy transition from fossil fuels to clean tech climbed 17 percent in 2023 to a record $1.8 trillion, according to a study by the energy research group BloombergNEF. The largest investments…
Energy Professionals welcome Pickering Nuclear life extension announcement Jan 30, 2024 The Society of United Professionals welcomes the government’s announcement to pursue the refurbishment of the Pickering B Nuclear Generating Station (PNGS). PNGS, and the thousands of high-quality union jobs that the plant supports, are a vital piece of the province’s economy and net-zero emissions…
Federal money will help PG&E operate Diablo Canyon Nuclear Power Plant until 2030 January 19, 2024 The Diablo Canyon Nuclear Power Plant, California’s last operating plant, will continue to run until 2030. This week the Biden Administration finalized a billion-dollar aid-package to help keep the plant running. It was scheduled to shut down one reactor…
First Uranium Mines to Dig in the US in Eight Years Begin Operations Near Grand Canyon January 15, 2024 Three uranium mines have gone into production along the Arizona-Utah border, with more on the way elsewhere in the Mountain West, as market conditions for the mineral needed for nuclear energy improve in response to a…
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