Tear It Down or Start It Back Up? Plant Owners Weigh Options Around Retired Reactors

Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2024 16:58:06 +0000

Nuclear power plants are still being dismantled, and the business of decommissioning remains strong, but the need for more baseload power and emissions-free generation has some companies ready to restart idled

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DOE Loan Programs Office Publishes Community Benefits Plans for Energy Projects

Credit to Author: Contributed Content| Date: Tue, 29 Oct 2024 19:26:56 +0000

The U.S. Dept. of Energy’s (DOE’s) Loan Programs Office (LPO) has published Community Benefits Plans (CBPs) for several projects that recently finalized financing from the agency. The projects include the […]

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UK SMR Competition Narrows Contenders to Four Nuclear Designs

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2024 14:27:37 +0000

The UK government has narrowed its shortlist of technologies competing in its flagship Small Modular Reactor (SMR) competition to four candidates. On Sept. 25, it announced that Westinghouse, GE-Hitachi Nuclear […]

The post UK SMR Competition Narrows Contenders to Four Nuclear Designs appeared first on POWER Magazine.

The Rolls-Royce SMR, utilizing established Pressurised Water Reactor (PWR) technology, is designed to generate up to 470 MWe of low-carbon energy, comparable to over 150 onshore wind turbines. The plant has a 60-year design life and a capacity factor above 95%. Its modular construction, involving 1,500 transportable modules, aims to reduce on-site construction time. The SMR is designed with both passive and active safety features, and it has potential for cogeneration applications. Rolls-Royce SMR targets both domestic and international markets, focusing on scalability and competitive energy generation. Courtesy: Rolls-Royce SMR

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Holtec Bets on Nuclear Paired with Solar to Support Decarbonization

Credit to Author: Darrell Proctor| Date: Wed, 07 Feb 2024 22:44:55 +0000

The decarbonization of power generation is fostering research and development of new energy technologies, and some companies are reimagining what’s possible when it comes to power plant design. That includes […]

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UK Nuclear Recap: Major Funding for GEH’s SMR and Sizewell C as Hinkley Point C Suffers New Hefty Delays

Credit to Author: Sonal Patel| Date: Sat, 27 Jan 2024 18:07:32 +0000

Over the past week, the UK government stepped up its nuclear agenda, doling out a £33.6 million grant under its Future Nuclear Enabling Fund to support GE Hitachi Nuclear Energy […]

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UK Shortlists Six Nuclear Designs in SMR Competition, Intends to Award Contract by Summer 2024

Credit to Author: Sonal Patel| Date: Mon, 02 Oct 2023 15:53:25 +0000

Six nuclear designs will advance to the next phase of the UK’s Small Modular Reactor (SMR) competition, a fast-track measure that could result in a government contract within the next […]

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Palisades Nuclear Power Plant May Get a Second Chance with Holtec-Wolverine Agreement

Credit to Author: Aaron Larson| Date: Thu, 14 Sep 2023 18:57:42 +0000

Holtec International, a diversified energy technology company, and Wolverine Power Cooperative, a not-for-profit power generation cooperative based in Michigan, announced that they have entered into a long-term agreement that will […]

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NRC Issues License for Holtec’s New Mexico Consolidated Spent Nuclear Fuel Storage Facility

Credit to Author: Sonal Patel| Date: Thu, 11 May 2023 17:44:24 +0000

The Nuclear Regulatory Commission (NRC) has granted Holtec International a license to build and operate a consolidated interim storage facility (CISF) for spent nuclear fuel in southeastern New Mexico, despite […]

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The 12 Most-Read POWER Global Monitor Articles of 2022

Credit to Author: POWER| Date: Tue, 27 Dec 2022 22:27:11 +0000

Every month, POWER magazine publishes several articles in its Global Monitor section covering topics important to the electric power generation industry. The articles typically feature interesting updates on progress made at notable projects around the world, big policy changes, or promising research and development (R&D) news. Short notes about major contracts are also touched on […]

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DOE Grants First-Round Civil Nuclear Credit Award—$1.1B—to Diablo Canyon 

Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 16:12:24 +0000

The Department of Energy’s (DOE’s) first round of funding from its $6 billion Civil Nuclear Credit (CNC) Program is poised to go to Diablo Canyon Power Plant, California’s only operational nuclear plant. Pacific Gas & Electric  (PG&E), Diablo Canyon’s owner, could receive up to $1.1 billion in credits to extend the 2.2-GW plant’s operation for […]

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