A new federal lawsuit may finally unleash nuclear energy’s potential. On Dec. 30, Texas and Utah, along with the startup company Last Energy, sued to force the Nuclear Regulatory Commission to stop breaking the law and start letting small, modular nuclear reactors operate without crushing overregulation. This could be the most consequential legal challenge to America’s nuclear...
Constellation Energy has been awarded a record $1 billion in contracts to supply nuclear power to the U.S. government over the next decade, the company said on Thursday. Constellation, the country’s largest operator of nuclear power plants, will deliver electricity to more than 13 federal agencies as part of the agreements with the U.S. General...
US outgoing President Joe Biden has signed a bi-partisan bill into law allowing Arizona utility Salt River Project (SRP) to construct a pumped hydro energy storage project. SRP has been considering expanding its pumped storage projects on Arizona’s Salt River reservoir system. It has evaluated two potential sites for such facilities above Apache Lake. The...
The California Public Utilities Commission has approved $722.6 million in ratepayer costs to cover the continued operation of the Diablo Canyon Power Plant — the state’s only functioning nuclear energy source. The plant was scheduled to begin shutting down in November, but its lifespan was extended in a last-minute legislative deal struck by Gov. Gavin...
Hanwha Corp’s Qcells said on Wednesday it had made a breakthrough in an emerging solar technology that has the potential to reduce the amount of space required by panels that generate power from the sun’s rays. Space is among the most pressing issues for the rapidly growing solar power industry, which has encountered growing opposition...
In 2017, I met the CEO of a major German manufacturing company. The CEO was envious of the U.S. and its position as an energy powerhouse. Our development of oil and gas had made energy so abundant and affordable that he was exploring opportunities to open new manufacturing facilities in the U.S. On the Senate...
Vineyard Wind has resumed turbine blade installation on its offshore wind farm, marking the first such activity since a blade broke off earlier this year. Vineyard Wind and government officials confirmed that the work commenced on Saturday, and three blades were successfully installed over the weekend. The resumption follows a five-month hiatus after a catastrophic...
The U.S. Department of Energy’s (DOE) Office of Electricity (OE) has released three Notices of Funding Opportunity (NOFOs) worth about $18.4 million for programs to support research and development of electricity grid technologies. The programs will reduce the cost of HVDC circuit breakers, improve risk assessment and communication for grid operators, and ensure communities respond...
Small modular reactors (SMRs) are disrupting conventional notions surrounding nuclear power. Smaller, more compact, and producing minimal emissions, this innovative alternative to traditional nuclear power is receiving more public and private sector attention as governments scramble to meet global energy needs reliably and responsibly.
Nuclear power is forecast to be the cheapest baseload electricity source in Japan in 2040, highlighting the government’s desire to restart the nation’s idled reactors. The cost of constructing and operating a new nuclear power plant for 2040 is estimated at 12.5 yen ($0.08) per kilowatt-hour, according to documents released from a trade ministry panel meeting on...
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