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 […]

The post Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge appeared first on POWER Magazine.

USNC Micro Modular Reactor

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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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A Breakdown of Cuba’s Grid Collapse and Recovery Efforts

Credit to Author: Amaury Perez Sanchez| Date: Thu, 24 Oct 2024 20:05:01 +0000

Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate […]

The post A Breakdown of Cuba’s Grid Collapse and Recovery Efforts appeared first on POWER Magazine.

Figure 1: Power situation in Cuba as of Friday, Oct. 18, 2024. Source: Amaury Perez

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AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs

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 […]

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Simple Cycle, Combined Cycle, or a Hybrid Approach?

Credit to Author: Drew Robb| Date: Wed, 23 Oct 2024 16:16:36 +0000

Simple cycle gas turbines provide efficiency levels of around 35% to 40%. Combined cycle units boost efficiency to 60% and beyond. But another option is emerging that combines the attributes […]

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What Are Microreactors and How Soon Could We See One in Operation

Credit to Author: Aaron Larson| Date: Tue, 22 Oct 2024 16:40:57 +0000

Microreactors are a class of very small modular reactors targeted for non-conventional nuclear markets. The U.S. Department of Energy (DOE) supports a variety of advanced reactor designs, including gas, liquid-metal, […]

The post What Are Microreactors and How Soon Could We See One in Operation appeared first on POWER Magazine.

MARVEL, under development at Idaho National Laboratory (INL), is a 85-kWth/20-kWe sodium-potassium-cooled microreactor that will help researchers explore advanced reactor applications, including microgrid integration, remote monitoring, and autonomous control technologies. TRIGA International recently began fabricating fuel for MARVEL, with the first shipment expected by spring 2025. Fuel loading is planned for 2026, and the reactor is projected to be operational by 2027. Source: DOE

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DOE Selects Four Companies to Boost U.S. HALEU Enrichment for Advanced Nuclear

Credit to Author: Sonal Patel| Date: Fri, 18 Oct 2024 12:18:45 +0000

The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched […]

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DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects

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.

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$3B in Transmission Substation and Line Projects Proposed in Pacific Northwest

Credit to Author: Aaron Larson| Date: Wed, 16 Oct 2024 21:11:07 +0000

The Bonneville Power Administration (BPA) has identified 13 new transmission substation and line projects designed to reinforce the Pacific Northwest’s electric grid. If constructed, these projects would accommodate regional load […]

The post $3B in Transmission Substation and Line Projects Proposed in Pacific Northwest appeared first on POWER Magazine.

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Amazon Backs Massive Nuclear SMR Deployment: 5 GW with X-Energy, Agreements With Energy Northwest, Dominion

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.

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