Markets – Page 2 – Thinking Port

Oklo’s $25M Move into Radioisotope Production to Expand Advanced Nuclear Revenue Stream

November 14, 2024 admin atomics alchemy, finance, Fuel, Markets, Nuclear, nuclear fuel, oklo, radioistotopes, recycling, Technology

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.

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Power Shift: Trump’s Energy Agenda Sparks Cautious Optimism, Climate Concerns

November 7, 2024 admin Business, clean energy, Coal, election, electric grid, energy policy, energy security, environmental regulations, Fossil Fuels, full coverage, Gas, Markets, news, news and notes, Nuclear, Power Demand, power industry, regulatory changes, renewable energy, trends, trump administration, u.s. energy sector

Credit to Author: Sonal Patel| Date: Thu, 07 Nov 2024 18:25:38 +0000

Tuesday’s election, which will return Donald Trump to the White House and grant the U.S. Senate a Republican majority, could have sizeable implications for the power industry. In reactions sent […]

The post Power Shift: Trump’s Energy Agenda Sparks Cautious Optimism, Climate Concerns appeared first on POWER Magazine.

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FERC Blocks PJM Proposal to Expand Amazon Data Center Load at Susquehanna Nuclear Plant

November 2, 2024 admin Business, data centers, ferc, full coverage, Markets, news, Nuclear, pjm, susquehanna, talen, trends

Credit to Author: Sonal Patel| Date: Sat, 02 Nov 2024 17:05:47 +0000

The Federal Energy Regulatory Commission (FERC) has rejected an amended interconnection agreement that would have supported expanded co-located load at an Amazon Web Services (AWS) data center connected to the […]

The post FERC Blocks PJM Proposal to Expand Amazon Data Center Load at Susquehanna Nuclear Plant appeared first on POWER Magazine.

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Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge

October 29, 2024 admin advanced reactors, Business, clean energy, energy technology, engineering, finance, Fuel, full coverage, Markets, micro modular reactor, news, Nuclear, nuclear energy, nuclear fuel, power industry news, power sector trends, small modular reactors, Technology, usnc bankruptcy

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.

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Dominion Sells 50% Stake in $10B Offshore Wind Project

October 29, 2024 admin Business, cvow, data centers, Dominion, finance, Markets, news and notes, offshore wind, offshorewind, Power Demand, stonepeak, Technology, Virginia

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.

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

October 24, 2024 admin aep ohio, Business, data centers, energy load growth, finance, full coverage, grid reliability, Infrastructure, Investments, Markets, news, Power Demand, puco, tariffs, trends, utility

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.

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

October 17, 2024 admin Business, cleanenergy, DOE, energypolicy, finance, Fuel, full coverage, fundingopportunity, geniii+smr, gridmodernization, Legal & Regulatory, Markets, news, NRC, Nuclear, nuclearenergy, nuclearlicensing, Research and Development, smallmodularreactors, smr, supplychaindevelopment, Technology

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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Google Bets Big on Nuclear: Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers

October 14, 2024 admin advancednuclear, Business, carbonfreeenergy, cleanenergy, datacenters, decarbonization, energytransition, full coverage, google, kairos power, Markets, mckinsey, molten salt reactor, news, Nuclear, nuclearenergy, power, Power Demand, powerpurchaseagreements, renewableenergy, smr, sustainability, Technology

Credit to Author: Sonal Patel| Date: Mon, 14 Oct 2024 22:57:04 +0000

In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement […]

The post Google Bets Big on Nuclear: Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers appeared first on POWER Magazine.

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Google Bets Big on Nuclear, Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers

October 14, 2024 admin advancednuclear, Business, carbonfreeenergy, cleanenergy, datacenters, decarbonization, energytransition, full coverage, google, kairos power, Markets, molten salt reactor, news, Nuclear, nuclearenergy, power, Power Demand, powerpurchaseagreements, renewableenergy, smr, sustainability, Technology

Credit to Author: Sonal Patel| Date: Mon, 14 Oct 2024 22:57:04 +0000

In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement […]

The post Google Bets Big on Nuclear, Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers appeared first on POWER Magazine.

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Jackson Generation Pioneers North America’s First M501JAC Gas Turbines

October 2, 2024 admin Business, combined cycle power plant, digitalization, emissions compliance, energy market trends, engineering, flexible power generation, full coverage, Gas, heat recovery steam generators, hydrogen co-firing, jackson generation, m501jac gas turbines, Markets, news, pjm interconnection, Technology, top plant

Credit to Author: Sonal Patel| Date: Tue, 01 Oct 2024 10:53:02 +0000

The Jackson Generation plant, a 1.2-GW combined cycle power plant in Elwood, Illinois, debuted North America’s first M501JAC gas turbines. Developed by J-POWER USA, the facility has emerged as a model for

The post Jackson Generation Pioneers North America’s First M501JAC Gas Turbines appeared first on POWER Magazine.