NRC Issues First Subsequent License Renewals, Extends Nuclear Reactor Life to 80 Years

Credit to Author: Sonal Patel| Date: Wed, 11 Dec 2019 14:17:57 +0000

The post NRC Issues First Subsequent License Renewals, Extends Nuclear Reactor Life to 80 Years appeared first on POWER Magazine.

Marking a major milestone for the U.S. nuclear power sector, the Nuclear Regulatory Commission (NRC) has for the first time issued license renewals that authorize nuclear reactor operation beyond 60 years and up to 80 years.  The regulatory body on Dec. 5 issued subsequent license renewals (SLRs) for Units 3 and 4 at Florida Power […]

The post NRC Issues First Subsequent License Renewals, Extends Nuclear Reactor Life to 80 Years appeared first on POWER Magazine.

Read more

What’s Driving Wholesale Power Price Changes? Not What You Think

Credit to Author: Sonal Patel| Date: Wed, 27 Nov 2019 15:10:43 +0000

The post What’s Driving Wholesale Power Price Changes? Not What You Think appeared first on POWER Magazine.

Falling natural gas prices tamped down annual U.S. wholesale power prices over the last decade by $7/MWh to $53/MWh—to a much higher degree compared to the impact of wind and solar growth—a new report from Lawrence Berkeley National Lab (LBNL) suggests.  The Nov. 20–published report, The Impact of Wind, Solar, and Other Factors on Wholesale Power […]

The post What’s Driving Wholesale Power Price Changes? Not What You Think appeared first on POWER Magazine.

Read more

2018 Exceptional Year for Nuclear Power Firsts

Credit to Author: Sonal Patel| Date: Thu, 05 Sep 2019 13:18:54 +0000

The post 2018 Exceptional Year for Nuclear Power Firsts appeared first on POWER Magazine.

Last year, five of the world’s 449 operable nuclear reactors reached 50 years of operation for the first time, four first-of-their kind reactor designs were brought online, and while the industry showed capacity factor impacts from load-following, the global nuclear fleet performed  at an average capacity factor of about 80%, says a new report from […]

The post 2018 Exceptional Year for Nuclear Power Firsts appeared first on POWER Magazine.

Read more

Gas Now Tops Coal in PJM, but Nuclear Still No. 1

Credit to Author: Darrell Proctor| Date: Tue, 19 Mar 2019 21:22:55 +0000

A report from an independent market monitor for PJM Interconnection shows that natural gas-fired power generation topped coal-fired output in PJM in 2018, the first time that gas has topped coal in the history of the largest U.S. grid operator. The “2018 State of the Market” report from Monitoring Analytics LLC, which includes Volume 1 […]

The post Gas Now Tops Coal in PJM, but Nuclear Still No. 1 appeared first on POWER Magazine.

Read more