Markets – Page 11 – Thinking Port

Major Nuclear Players Team on Innovative Construction Delivery Approach for BWRX-300 SMR at Darlington

February 3, 2023 admin aecom, Business, bwrx-300, construction approach, contract, darlington, darlington new nuclear project, full coverage, ge hitachi, integrated project delivery, International, Markets, news, Nuclear, Ontario, opg, Plant Design, snc lavalin, Technology

Credit to Author: Sonal Patel| Date: Thu, 02 Feb 2023 16:26:29 +0000

Ontario Power Generation (OPG), GE Hitachi Nuclear Energy (GEH), SNC-Lavalin, and Aecon have signed a trailblazing six-year alliance agreement designed to bolster the deployment of a BWRX-300 small modular reactor (SMR) at the Darlington New Nuclear Project (DNNP) in Clarington, Ontario. The contract unveiled on Jan. 27—a year after OPG selected GEH’s BWRX-300 for the […]

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Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss

February 2, 2023 admin 5.x platform, Business, delisting, finance, GERMANY, International, Markets, news, siemens, siemens energy, siemens gamesa, Spain, Wind

Credit to Author: Darrell Proctor| Date: Thu, 02 Feb 2023 16:04:30 +0000

Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]

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Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss

February 2, 2023 admin 5.x platform, Business, delisting, finance, GERMANY, International, Markets, news, siemens, siemens energy, siemens gamesa, Spain, Wind

Credit to Author: Darrell Proctor| Date: Thu, 02 Feb 2023 16:04:30 +0000

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Pioneering U.S. Wave Energy Power Plant Unveiled

January 12, 2023 admin Business, eco wave, engineering, full coverage, International, marine energy, Markets, news, ocean/marine, Technology, wave energy, wave energy array

Credit to Author: Sonal Patel| Date: Thu, 12 Jan 2023 18:09:09 +0000

One of the first U.S.-based wave energy power plants is set to be deployed at AltaSea’s 35-acre campus located at the Port of Los Angeles. Israeli firm Eco Wave Power, which unveiled the project on Jan. 12, said the AltaSea pilot would help the company make inroads in the U.S. Eco Wave’s onshore wave energy […]

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Are We Headed for a Reliability Train Wreck?

January 2, 2023 admin america's power, Business, Coal, Commentary, EPA, full coverage, Markets, nerc, news, power, reliability

Credit to Author: Michelle Bloodworth| Date: Tue, 03 Jan 2023 04:19:48 +0000

So far, utilities have announced plans to retire some 93,000 MW (nameplate) of coal—almost half the existing coal fleet—by the end of this decade. Coal retirements combined with increasing penetration of

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Bulk Power System Deficiencies During Winter Storm Elliot Prompt Inquiries

December 29, 2022 admin Business, duke energy, energy security, ferc, full coverage, Markets, nerc, news, Power Demand, TVA, winter storm elliot

Credit to Author: Sonal Patel| Date: Thu, 29 Dec 2022 21:57:06 +0000

Assessments are underway to pin down factors that prompted emergencies, tight grid conditions, and even load-shedding by major entities as Winter Storm Elliot bore down on the North American bulk power system (BPS) this past week. The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corp. (NERC), and regional entities affiliated with […]

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Arctic Blast Roiling Reliability in TVA, MISO, SPP, PJM

December 24, 2022 admin Business, demand, ercot, full coverage, Markets, MISO, nerc, news, pjm, Power Demand, Power supply, reliability, SPP, TVA

Credit to Author: Sonal Patel| Date: Sat, 24 Dec 2022 14:09:33 +0000

An Arctic blast felt by a large portion of North America is causing reliability turmoil within some segments in its bulk power system, forcing reliability coordinators to declare emergencies, issue conservation warnings, or curtail load. TVA, Grappling With Demand Surge, Is Curtailing Load Temperatures averaging the single digits across the Tennessee Valley Authority (TVA) prompted […]

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GE Hitachi Formally Enters BWRX-300 SMR in UK Race for New Nuclear

December 22, 2022 admin advanced nuclear, Business, bwrx-300, energy security, finance, full coverage, ge hitachi, International, Markets, news, Nuclear, nuclear strategy, regulatory, Research and Development, smrs, Technology, uk

Credit to Author: Sonal Patel| Date: Thu, 22 Dec 2022 14:57:16 +0000

GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to UK authorities, kicking off a key regulatory process that could give the advanced nuclear technology a competitive edge as the country races to potentially triple its nuclear capacity to up to 24 GW by […]

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Three Nuclear Giants Will Vie for Czech Republic’s Dukovany Expansion

December 2, 2022 admin AP1000, apr1400, bechtel, Business, climate change, Czech Republic, dukovany, EDF, EPR, full coverage, International, khnp, Markets, Nuclear, Technology, temelin, Westinghouse

Credit to Author: Sonal Patel| Date: Thu, 01 Dec 2022 14:49:02 +0000

Competition for a new unit of up to 1.2 GW at the Czech Republic’s Dukovany nuclear power plant site has stepped up, with France’s EDF, South Korea’s Korea Hydro & Nuclear Power (KHNP), and a Westinghouse-Bechtel team submitting initial bids, Czech utility ČEZ, said on Nov. 30. Elektrárna Dukovany II, a. s. (EDU II), a […]

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How Does Uranium Price Increase Affect Nuclear Power Plant Profitability?

November 23, 2022 admin Business, cost, International, Markets, news, Nuclear, nuclear fuel, nuclear power, power, reactor, uranium

Credit to Author: Aaron Larson| Date: Wed, 23 Nov 2022 18:52:31 +0000

uranium-bull-market-chart-with-events-labels-Sprott

Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]

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