GE Shelves Plans to Spin-Off Digital Business

Credit to Author: Sonal Patel| Date: Mon, 04 Nov 2019 14:34:42 +0000

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GE will retain its lucrative digital business—not spin it off, as had been planned—but it will sharpen the division’s focus on four key markets, including electric utilities and power generation, GE Digital CEO Pat Byrne told customers in an Oct. 31 letter. “I want to affirm that GE Digital is staying in GE,” Byrne wrote. […]

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Demonstration Advances to Produce Hydrogen Using Molten Salt Reactor Nuclear Technology

Terrestrial Energy USA, a company that is developing a fourth-generation molten salt nuclear reactor, has joined forces with Southern Co. and several U.S. Department of Energy (DOE) national labs, in a research and development (R&D) project that seeks to pin down whether its reactor technology can produce hydrogen efficiently using nuclear heat and power.  The […]

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