As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy

Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2025 13:06:54 +0000

As a significant final move before the incoming Trump administration takes office, the Biden administration has announced conditional loan commitments totaling $22.92 billion to support projects by eight utility companies […]

The post As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy appeared first on POWER Magazine.

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Constellation Moves to Acquire Calpine in $16.4B Deal, Forming Competitive Generation Goliath

Credit to Author: Sonal Patel| Date: Fri, 10 Jan 2025 13:41:35 +0000

Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean and reliable energy in the […]

The post Constellation Moves to Acquire Calpine in $16.4B Deal, Forming Competitive Generation Goliath appeared first on POWER Magazine.

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Another Big Data Center Win for Nuclear: Oklo and Switch Sign Historic 12 GW Deal

Credit to Author: Sonal Patel| Date: Wed, 18 Dec 2024 13:15:49 +0000

Advanced nuclear firm Oklo has partnered with Switch, a Las Vegas-based data center designer, builder, and operator, to deploy 12 GW of Aurora powerhouses through 2044 in a  historic deal […]

The post Another Big Data Center Win for Nuclear: Oklo and Switch Sign Historic 12 GW Deal appeared first on POWER Magazine.

INSERT ART. Oklo’s Aurora Powerhouse is a vertically oriented compact passive fast-spectrum reactor derived from the Experimental Breeder Reactor-II (EBR-II) that uses liquid metal as a coolant. The company recently uprated its design’s capacity offerings to 15 MWe and 100 MWe. The compact fast reactor uses a high-assay, low-enriched uranium (HALEU) metallic uranium-zirconium fuel enriched to about 19%. Courtesy: Oklo

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NET Power and CRC Team to Deploy 1 GW of Carbon-Free Gas Power Plants in California

Credit to Author: Sonal Patel| Date: Wed, 11 Dec 2024 14:42:04 +0000

NET Power, developer of a novel gas-fired power plant that captures all atmospheric emissions, will explore deploying up to 1 GW of power capacity in Northern California with partner California […]

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Demand, Not Supply, Is The Key To The Clean Energy Transition

Credit to Author: Steve Hanley| Date: Tue, 19 Nov 2024 18:24:18 +0000

The path to a clean energy future is in our hands. All it takes is saying no to fossil fuels and taking control of our personal space.

The post Demand, Not Supply, Is The Key To The Clean Energy Transition appeared first on CleanTechnica.

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NRC Approves Construction of First Electricity-Producing Gen IV Reactor in the U.S.

Credit to Author: Sonal Patel| Date: Thu, 21 Nov 2024 00:47:20 +0000

The Nuclear Regulatory Commission (NRC) has taken a historic step by voting to issue construction permits for Kairos Power’s 70-MWth Hermes 2, a “low power” advanced test facility comprising two […]

The post NRC Approves Construction of First Electricity-Producing Gen IV Reactor in the U.S. appeared first on POWER Magazine.

The Hermes series represents a major step on Kairos Power’s iterative path to commercializing its fluoride salt-cooled, high-temperature reactor (KP-FHR) technology. The 70-MWth two-unit Hermes 2 proposed for a site in Oak Ridge, Tennessee, will “demonstrate complete plant architecture at a reduced scale and supply clean electricity to the grid, further advancing technology, licensing, supply chain, and construction certainty for Kairos Power’s commercial deployments,” the company said. Courtesy: Kairos Power

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Power Shift: Trump’s Energy Agenda Sparks Cautious Optimism, Climate Concerns

Credit to Author: Sonal Patel| Date: Thu, 07 Nov 2024 18:25:38 +0000

Tuesday’s election, which will return Donald Trump to the White House and grant the U.S. Senate a Republican majority, could have sizeable implications for the power industry. In reactions sent […]

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Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge

Credit to Author: Sonal Patel| Date: Tue, 29 Oct 2024 21:07:41 +0000

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 […]

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Finding Equilibrium Between Growth and Decarbonization

Credit to Author: Olivier Blum| Date: Thu, 24 Oct 2024 22:52:28 +0000

With the global population expected to reach approximately nine to 10 billion by 2050,  and one billion people still without energy access, our energy requirements are not only growing but […]

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Sage Snags Air Force Contract for Geothermal Power Demonstration in Texas

Credit to Author: Sonal Patel| Date: Tue, 24 Sep 2024 15:11:34 +0000

The U.S. Department of the Air Force has awarded Sage Geosystems an initial $1.9 million contract to demonstrate its pioneering geothermal baseload power and energy storage system at an off-site […]

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Sage Geosystems says its geothermal baseload power and energy storage technology, validated in 2022, offers a scalable solution for harnessing geothermal energy nearly anywhere, promising reliable, sustainable power and enhanced grid stability with vast potential for global expansion. Courtesy: Sage Geosystems

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