Credit to Author: Aaron Larson| Date: Tue, 19 Nov 2024 22:57:59 +0000
At the 2023 United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, last December, 25 countries underlined the role of nuclear energy in their climate strategies by issuing a
The post Financing the Nuclear Renaissance appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 19 Nov 2024 16:59:12 +0000
While the past year has marked stunning triumphs for nuclear energy, experts caution that high costs, regulatory bottlenecks, and the need for market alignment remain major hurdles on the path to a true
The post Can Nuclear’s Big Recent Wins Propel a True Global Revival? appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 14 Nov 2024 17:54:21 +0000
Oklo has moved to acquire Atomic Alchemy, a U.S. firm specializing in high-value radioisotopes, in a $25 million all-stock transaction. The acquisition will add radioisotope production capabilities to Oklo’s advanced […]
The post Oklo’s $25M Move into Radioisotope Production to Expand Advanced Nuclear Revenue Stream appeared first on POWER Magazine.
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 […]
The post Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 29 Oct 2024 15:56:35 +0000
Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an […]
The post Dominion Sells 50% Stake in $10B Offshore Wind Project appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 24 Oct 2024 12:47:24 +0000
American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of […]
The post AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2024 12:07:06 +0000
A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light […]
The post DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Wed, 16 Oct 2024 15:01:58 +0000
In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small […]
The post Amazon Backs Massive Nuclear SMR Deployment: 5 GW with X-Energy, Agreements With Energy Northwest, Dominion appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Thu, 01 Aug 2024 11:42:29 +0000
Combined cycle gas turbine (CCGT) power plants started appearing on a larger scale in the late 1990s and have since then been a very efficient supplier of baseload and lately […]
The post Forced Outage Parametric Insurance Solutions for CCGTs appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Wed, 24 Jul 2024 15:08:05 +0000
Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The […]
The post Nuclear Cogeneration Gains Momentum in Wyoming with New Microreactor Partnership appeared first on POWER Magazine.
