US up to 15 years behind China in nuclear power, report says 6.20.2024 The United States is at least a decade and up to 15 years behind China in nuclear power, specifically rolling out next generation reactors, according to a report from the Information Technology & Innovation Foundation (ITIF), a nonpartisan research institute. The report…
Record temperatures will increase electricity demand, but not natural gas or coal prices Energize Weekly, June 26, 2024 Record temperatures are set to increase electricity demand this summer, but analyses find that a combination of ample gas storage and more renewable generation will help prevent a spike in natural gas prices. “We expect the U.S.…
Ontario’s new energy minister says natural gas plants must stay ‘to help fuel our economy’ June 13, 2024 Ontario’s new energy minister says the fast-growing province can’t afford an “ideological” push to wean its electricity system off fossil fuels even as concerns about climate change mount. “I cannot underscore this enough,” Stephen Lecce said Thursday…
DOE floats $900M to build advanced reactors 06/18/2024 The Department of Energy announced plans Monday to inject $900 million into developing small nuclear reactors — a shot in the arm for the industry as the Senate prepares to vote on a bill to boost the Nuclear Regulatory Commission’s capacity to license the technology. Up to…
Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says Energize Weekly, June 19, 2024 The scale and speed of the energy transition risks project delays and setbacks leading to cost overruns of 15 percent to 20 percent, equal to $150 billion a year, according to research paper…
Bill Gates is breaking ground on a nuclear power plant in Wyoming Jun 10, 2024 Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated. Gates was in the tiny community of Kemmerer Monday to break ground on…
US Energy Secretary calls for more nuclear power while celebrating $35 billion Georgia reactors May 31, 2024 U.S. Energy Secretary Jennifer Granholm on Friday called for more nuclear reactors to be built in the United States and worldwide. But the CEO of the Georgia utility that just finished the first two scratch-built American reactors in…
AI is poised to drive a doubling in data center electricity demand by 2030, studies say Energize Weekly, June 5, 2024 Data centers, spurred by increased artificial intelligence applications, could double their demand for electricity in the U.S. reaching 9.1 percent of the nation’s electricity load by 2030, according to analysis by the Electric Power…
Innovative piping rehabilitation solution to be used at US plant 24 May 2024 Framatome has been awarded a multi-million-dollar contract to carry out its first major mitigation of buried condenser feed pipes using its innovative spray-in-place structural pipe liner solution at a three-unit operating nuclear plant in the USA. The company says it will mitigate…
Future of TMI Unit 1 questioned after nuclear power plant restarted in Michigan May 16th 2024 A nuclear power plant is about to restart in Michigan, and it has many questioning the future of Three Mile Island Unit 1. The plant is owned by Constellation Energy. At the company’s earnings call for the first quarter…
Oak Ridge National Lab Starts Examination of GE Vernova’s Advanced Nuclear Fuel MAY 9, 2024 Oak Ridge National Laboratory (ORNL) recently started examining several new fuel rods developed by GE Vernova’s Global Nuclear Fuel (GNF) that could help boost the performance of nuclear power plants. The rods were recently shipped to the lab from a…
Replacing old coal-fired plants with small nuclear reactors could be an economic boon Energize Weekly, May 8, 2024 The steady pace of coal-fired plant closures in the U.S. is leaving gaps in the economies of dozens of communities and creating risks to electricity reliability. One solution addressing multiple problems could be replacing coal with nuclear…
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