Nuclear
-
Backed by several venture firms, The Nuclear Company, plans to build a fleet of nuclear plants throughout the US.
-
Nuclear Fuels has appointed Gregory Huffman as chief executive officer, president and director, effective immediately.
-
A stalled bill to extend tax breaks for data centres in Michigan has been touted as the bellwether for a co-generation comeback.
-
Duke Energy has signed memoranda of understanding (MoUs) with Amazon, Google, Microsoft and Nucor to develop power contract terms with electric utilities in North Carolina and South Carolina, with the goal of lowering the cost of building new nuclear technologies and batteries.
-
Nuclear fission company Oklo has signed a memorandum of understanding (MoU) with Atomic Alchemy to produce isotopes, necessary for creating and recycling fast reactors.
-
AltC, a special purpose acquisition company (SPAC) run by former OpenAI CEO Sam Altman, has purchased and combined with nuclear technology company Oklo for $306 million.
-
CPS Energy has signed a long-term power purchase agreement (PPA) with Constellation for 200MW of capacity beginning summer 2024.
-
Alberta, Canada-based Capital Power has cancelled its $2.4 billion Genesee carbon capture and storage (CCS) project after determining the project was not financially viable.
-
Nuclear technology company Oklo has signed a long-term power purchase agreement (PPA) for a 50MW project with major oil producer Diamondback Energy.
-
The Department of Energy's (DOE) Loan Programs Office (LPO) has awarded energy equipment supplier Holtec $1.52 billion to restore its 800MW Palisades nuclear-generating station in Michigan.
-
Nuclear power plant operator Constellation Energy has offered $900 million in green senior notes due 15 March, 2054, PFR has learned.
-
Vistra Corporation has closed on the sale of the Richland and Stryker power plants to Rockland Capital, one of the final puzzle pieces in the closing of its $6.3 billion merger with Energy Harbor.
-
The Government of Canada has closed its second green bond issuance, a C$4 billion ($2.9 billion) 10-year green bond, becoming the first sovereign borrower to issue a green bond that includes nuclear expenditures.
-
Electricity and power generation company Vistra has received approval from the Federal Energy Regulatory Commission (FERC) to acquire Energy Harbor. It is the final approval needed in a $6.3 billion merger that will rebrand Vistra as renewables mega firm Vistra Vision.
-
Nuclear company Westinghouse has hired former vice president of strategy and innovation at Kairos Power, Lou Martinez Sancho, as its chief technology officer.
-
Large nuclear plants may overtake previously trending small modular reactors (SMRs) in the market as both private and federal funds are zeroing in on the sector to meet ever-growing grid demand.
-
Capital Power Corporation and Ontario Power Generation (OPG) have joined forces to assess the development of grid-scale, small modular reactors (SMR) in Alberta, Canada.
-
Siemens Energy has signed a memorandum of understanding with Santa Clara, California-based fast fission clean power company Oklo to become its preferred supplier as it scales up its advanced fission power plants.
-
The US Air Force Research Laboratory’s Space Vehicle Directorate has selected Westinghouse to power its advanced space research program.
-
Small modular nuclear reactor and fuel business X-Energy Reactor Company (X-energy) has completed a $80 million Series C financing round.
-
Independent power producer NRG’s president and chief executive officer Mauricio Gutierrez has departed the company and resigned from its board, leaving Lawrence Coben in the role for the interim.
-
The Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporations (NuScale) have terminated their Carbon Free Power Project (CFPP) located at the Idaho National Laboratory.
-
Uranium mining company Cameco Corporation and Brookfield Renewable Energy have closed on the joint acquisition of nuclear services business Westinghouse Electric Company on November 8, 2023.
-
Nuclear power plant operator Constellation has completed the $1.75 billion acquisition of its 44% ownership stake in NRG Energy’s South Texas Project Electric Generating Station (STP).
-
X-Energy Reactor Company (X-energy) has reached the joint decision with publicly-traded special purpose acquisition company Ares Acquisition Corporation (Ares) to drop their previously announced acquisition, effective October 31, 2023.
-
California Governor Gavin Newsom has approved AB1172 on fusion energy policy as one of the 900 bills that came across his desk this week, all of which require signature or veto by Saturday.
-
Xcel Energy has continued to make changes at the top, naming a new group president of utilities and chief customer officer.
-
Texas-based Vistra Corp is issuing both secured and unsecured senior notes to fund part of the $3 billion cash component of the company’s pending Energy Harbor acquisition.
-
Nuclear power provider Xcel Energy has named Chris Church as its new chief nuclear officer.
-
X-Energy Reactor Company and the US Department of Defense (DoD) have expanded their agreement to develop a nuclear microreactor prototype for use in remote military locations.
-
ComEd has entered an offtake agreement to purchase carbon-free nuclear energy from power producer Constellation.
-
X-Energy Reactor Company and Ares Management have updated the terms of the nuclear development company’s buyout with the business now valued at $1.05 billion, down from $1.8 billion.
-
Oklo is set to provide nuclear power to a US Air Force Base after signing a Notice of Intent (NOI) with the Defense Logistics Agency Energy.
-
Oklo and Centrus Energy have entered a memorandum of understanding (MoU) for the development and operation of Oklo’s Aurora fission powerhouses and a nuclear fuel production site for high-assay, low-enriched uranium (HALEU).
-
NuScale Power Corporation, a small, modular nuclear reactor technology provider, as hired Robert Ramsey Hamady as chief financial officer and promoted Clayton Scott as chief commercial officer in a wave of leadership changes. The new hires will advance the manufacturing and development phase of its VOYGR small, modular reactor power plants.
-
The Georgia cooperative that owns the Vogtle nuclear facility has reached commercial operations for its Unit 3 – the first newly constructed nuclear unit in the US in over 30 years.
-
Energy Harbor has filed to renew an operating license for the company’s Perry nuclear power plant for another 20 years.
-
ChatGPT chief executive Sam Altman will begin building nuclear plants and selling long-term power contracts via his clean energy startup Oklo after listing next year.
-
The Ontario government is prepping for three additional small modular reactors (SMRs), for a total of four SMRs, with Ontario Power Generation (OPG) at the Darlington nuclear site as it continues its nuclear push.
-
The Ontario government has begun pre-development work siting the first large-scale nuclear build in more than 30 years.
-
NuScale Power Corporation, a provider of small modular reactor (SMR) nuclear technology, has named Carl Fisher as its chief operating officer starting July 24, 2023. Fisher will head the operations engineering, project management, quality assurance, information technology, and regulatory affairs functions.
-
US nuclear fusion company Helion Energy has entered into an agreement with Microsoft to provide electricity from its first commercial fusion power plant.
-
enCore Energy Corp has acquired the Alta Mesa in-situ recovery (ISR) uranium project from Energy Fuels for $60 million in cash and a $60 million promissory note.
-
The Canada Infrastructure Bank (CIB) has teamed up with Ontario Power Generation (OPG) and committed $970 million towards Canada’s first small modular reactor (SMR).
-
FirstEnergy Corp's lenders have signed waivers and amended the terms of its loans to cure compliance breaches stemming fromthe disclosure of a roughly $4 million payment in 2019 that was uncovered as part of an internal bribery investigation.
-
Whenever a Department of Energy loan goes bad – as it did in the case of the Crescent Dunes concentrated solar project in Nevada – questions are raised about the program. But how bad is the US government at picking winners, really?
-
Changes to Mexico's clean energy certificate program could spell trouble for renewable energy developers in the country that had banked on selling certificates in the open market, but most of the wind and solar assets being considered for project finance had already locked in a fixed price, say market participants.
-
Brazilian state-controlled Eletrobras’ subsidiary Eletronuclear has formally requested an extension of the operating life of its Angra 1 nuclear power plant.
-
As President Donald Trump's grand infrastructure plan hit the buffers earlier this year, his former attorney, Michael Cohen, was allegedly doing his own bit for the cause by seeking government funds for a mothballed nuclear project in Alabama, according to an Aug. 2 report in the Wall Street Journal.
-
Is it a bird? Is it a plane? No, it's the superman-shaped drone that environmental group Greenpeace flew into a wall of EDF's 3,580 MW Bugey nuclear facility on July 3.
-
The results of the recent PJM Interconnection capacity auction have excited many in the industry but should prompt a thoughtful pause, writes Louise Pesce, managing director at MUFG in Los Angeles, in this week’s Industry Current.
-
FirstEnergy Corp. announced the long-awaited Chapter 11 filing of its competitive generation subsidiary FirstEnergy Solutions, as well as FirstEnergy Nuclear Operating Co., on March 31.
-
There are a few days remaining to cast your votes for the best project sponsors, banks, law firms, institutional and tax equity investors and deals in PFR's 15th Annual Deals and Firms of the Year Awards.
-
The #PowerTweets feature tracks trends in project finance and M&A in the Americas on Twitter.
-
FirstEnergy Corp. has raised $2.5 billion through a private placement of equity and preferred shares, bringing activist investors onboard ahead of an expected Chapter 11 restructuring.
-
The #PowerTweets feature tracks trends in project finance and M&A in the Americas on Twitter.
-
Vistra Energy, the Texas utility that is buying Dynegy, is the latest power sector borrower to launch a repricing of its term loans, with an almost $2.8 billion deal.
-
A proposed change to spot market bidding rules in PJM Interconnection could raise power prices, according to a report by Moody’s Investors Service.
-
For the first time in over three decades, renewables have overtaken nuclear plants in the race to power the U.S.
-
FirstEnergy Corp. priced $3 billion of corporate bonds across three tranches on June 19 to refinance debt amid efforts to shed its competitive generation business.
-
The impact of nuclear subsidies on gas-fired generation and the difficulty of approving natural gas pipelines in New York state were hot topics at Platts Northeast Power & Gas Markets Conference, which was held at the New York Marriott Downtown on May 22 and 23.
-
The announcement by Entergy Corp. of its planned closure of the Indian Point nuclear facility in New York State heralds the end of its merchant generation business, but may present an opportunity for other independent power producers and developers in New York ISO.
-
FirstEnergy Corp. is selling its fleet of 14 competitive generation assets, all in PJM Interconnection, as part of a strategic review at the utility.
-
In this week’s Industry Current, Bernays ‘Buz’ Barclay, managing partner at Rimon P.C. and senior adviser to Marathon Capital, calls on the power industry to engage with blockchain technology.
-
Entergy Corp. has said that it will permanently close the James A. FitzPatrick nuclear project, if the proposed acquisition by Exelon Generation is not approved by regulators.
-
In this week’s Industry Current, Salem Esber, a Denver-based energy markets expert at London-headquartered PA Consulting Group, considers whether the publicly-traded model is right for U.S. independent power producers.
-
Sponsors with gas-fired projects in New York are facing the new reality that nuclear projects in the state could stay online for longer than previously thought.
-
Riverstone Holdings, a 35% stockholder in Talen Energy Corp., has agreed to acquire the rest of the Allentown, Pa.-based company.
-
Entergy Arkansas became the first U.S. utility to bring a bond to the market in 2016 when it priced a $325 million long 10-year first mortgage bond on Tuesday.
-
The Tennessee Valley Authority issued a $1 billion 50-year bond under its Power Bonds program on Monday, choosing its moment carefully amid shaky markets.
-
Entergy Corp. is evaluating whether to refuel its 850 MW James A. FitzPatrick Nuclear Power Plant near Oswego, N.Y., against a backdrop of low power prices.
-
At least three large utilities are coming to market this week against the backdrop of an expected rise in short-term interest rates during the fourth quarter.
-
The Tennessee Valley Authority aims to issue up to $1 billion by issuing power bonds after summer, partly to finance a portion of two CCGT projects totaling 1.7 GW.
-
Duke Energy Progress is buying back 700 MW nuclear and coal-fired stakes from the North Carolina Eastern Municipal Power Agency in exchange for a wholesale contract from the agency.
-
Duke Energy Florida is looking to buy Calpine Corp.’s 599 MW Osprey combined cycle plant in Auburndale, Fla., for $166 million.
-
The Tennessee Valley Authority has agreed to acquire Quantum Utility Generation’s 760 MW CCGT Choctaw plant near Ackerman, Miss., for $340 million.
-
Mona Dajani, partner at Baker & McKenzie, explains how a recent U.S. Federal Energy Regulatory Commission policy statement could, if adopted, have a significant impact on valuations of large regulated utility mergers and swaps of generation asset portfolios.
-
After more than four decades of contention, Entergy Corp.’s Vermont Yankee nuclear power station in Vernon, Vt., was permanently shut down on Dec. 29.
-
The Yieldco Sweep is an exclusive monthly feature that tracks the performance and activity of key yield companies in the power sector with illustrative graphics and market insight.
-
Wind and solar developers have landed a bevy of power purchase agreements in recent weeks as some requests for proposals, such as Duke Energy’s hunt for solar generation in North Carolina, come to a close. The PPA Pulse is a guide to which sponsors and projects have recently garnered power purchase agreements in the Americas.
-
The #PowerTweets feature tracks trends in power project finance and M&A in the Americas on Twitter.
-
Welcome to the premiere edition of the Yieldco Sweep, an exclusive monthly feature that will track the performance and activity of key yield companies in the power sector with illustrative graphics and market insight.
-
Duke Energy Progress has agreed to buy 700 MW of stakes in baseload generation in North Carolina from the North Carolina Eastern Municipal Power Agency for $1.2 billion.
-
Mitsubishi UFJ Financial Group has climbed back to the top of mandated lead arrangers in power project finance in North America in the second quarter, lending $497 million during the period, according to PFR affiliate Dealogic.
-
PPL Corp. and Riverstone Holdings have agreed to combine their respective unregulated generation portfolios into a single, publicly listed entity.
-
A record number of entities participated in voting for Power Finance & Risk’s awards, recognizing excellence and innovation in the power project finance industry in 2013.
-
Black Hills Energy-Colorado Electric has issued two requests for proposals for a total of 102 MW in southern Colorado.
-
Harbinger Group has invested in Energy & Infrastructure Capital, a new platform that is looking to lend a range of debt to sectors, including power and midstream gas.
-
Borealis Infrastructure has agreed to buy Cameco’s stake in the Bruce Power nuclear facility in Tiverton, Ontario, for C$450 million ($406.3 million), making it majority owner.
-
The U.S. Department of Energy is expanding its 1703 loan guarantee program to back natural gas-fired and oil-fired projects, with $8 billion of guarantees to deploy in the latest phase of the program.
-
PFR Managing Editor Sara Rosner sat down with Marathon Capital’s Ted Brandt, Gregg Elesh, Terry Grant and Wendy Carlson to discuss the shop’s take on wind, solar and thermal trades in the second installment of this Q&A.
-
Ralph Cho and Michael Pantelogianis started as co-heads of power in North America at Investec earlier this year after nine years working together at WestLB. Cho and Pantelogianis sat down with Senior Reporter Nicholas Stone to discuss their first few months with the bank, where they are seeing opportunities in the market and what they are looking to achieve.
-
Sumitomo Mitsui Banking Corp. has hired Carl Adams, head of structured finance at Banco Espirito Santo, as managing director and head of Latin America.
-
In this week's round-up: Capacity pricing results may stoke M&A in PJM while project financiers are grappling with how to open the market to real estate investment trusts.
-
South Carolina-owned utility Santee Cooper is trying to find a buyer for up to 25% of its 45% stake in the $10 billion nuclear plant being built in Jenkinsville, S.C., now that the recession has reduced its need for power.
-
Southern California Edison may retire the San Onofre nuclear facility by year-end if California regulators deny a request to restart one of the two reactors that has had technical problems.
-
Entergy’s Pilgrim Nuclear Power Station in Plymouth, Mass., is back online, more than a week after it shut down automatically because of a loss of off-site power caused by the fierce blizzard that slammed the region.
-
More natural gas-fired, nuclear and biomass generation opportunities could result from increased coal-fired retirements in the U.S., according to panelists at Infocast’s 5th Annual Projects & Money conference executive briefing in New Orleans.
-
European lenders will likely increase participation in project finance deals due to the Basel Committee on Banking Supervision’s decision to delay and water down Basel III requirements, according to bankers and executives.
-
PI had a busy run up to the end of 2012. Mezzanine fundraising and deployment, solar project financing and volatility in North American M&A marked the highlights of our coverage in December.
-
NextEra Energy and the town of Seabrook, Mass., have reached an agreement on how to establish a market value for the aging Seabrook nuclear plant from 2010 to 2015 to resolve city tax and budget issues.
-
The board of directors of Nebraska Public Power District have approved a $243 million plan to boost production at the Cooper nuclear power plant near Brownville, Neb., by 18%, or from 800 MW to 946 MW.
-
Southern Co. is negotiating with the U.S. Department of Energy for a second extension to the loan guarantee promised to its $14 billion Vogtle nuclear project.
-
The U.S. Department of Energy will finance up to half the cost of a project aimed at commercializing small, modular nuclear reactors and have them in operation by 2022.
-
Coal-fired plant shutdowns and resistance to nuclear-fired generation, against a backdrop of cheap natural gas, is pushing the industry toward a gas-heavy generation mix.
-
Nuclear generation could be facing a wave of retirements as it comes up against inexpensive gas-fired power and political opposition.
-
Xcel Energy has opted to forego a $310 million plan to increase generation at its 1.1 GW Prairie Island nuclear facility near Red Wing, Minn., citing a change in the proposal’s economics since it was first floated.
-
Dominion will shutter its Kewaunee Power Station nuclear plant in Wisconsin because running the facility is uneconomic.
-
Power companies brought 12.5 GW online between January and September this year, down 2.9 GW from 2011, according to a report from the U.S. Federal Energy Regulatory Commission.
-
The U.S. Nuclear Regulatory Commission has found “noncompliances and deviations” in over 200 steel plates that were slated for use in Southern Co.’s near Vogtle nuclear reactor.
-
Taking Entergy’s Indian Point nuclear facility in New York offline could increase the cost of power by $2.2 billion a year, according to a study from the think tank Manhattan Institute.
-
As the presidential campaign heats up, details of each candidate’s energy policies have emerged to shed light on potential impact on future energy investments and transactions.
-
CAISO is planning to convert two retired units at AES Corp.’s Huntington Beach gas-fired facility into synchronous condensers, which are similar to spinning flywheels that store power, as a way to offset the loss of power from Southern California Edison’s San Onofre nuclear plant.
-
Exelon has shelved plans to develop a nuclear power plant near Victoria, Texas, due to economic and market conditions, including low natural gas prices.
-
The U.S. Nuclear Regulatory Commission will not issue new licenses and license renewals for nuclear power facilities with waste fuel questions until it decides how to handle spent nuclear fuel.
-
The number of assets up for sale in the second quarter, 32, is less than half the number put on the market in the first quarter of the year as the power market faces uncertainty from various angles including political, financial and demand.
-
Babson Capital Management, with $142 billion in assets under management, is launching an energy finance group
-
FirstEnergy Corp. is buying out Edison Mission Group’s stake in a Pennsylvania nuclear plant.
-
Gregory Jaczko is resigning from his position as chairman of the U.S. Nuclear Regulatory Commission more than a year before his term expires.
-
Barbara Boxer, a California senator, has asked the Nuclear Regulatory Commission for documents detailing 2009 and 2010 design changes to the generators at the sidelined San Onofre nuclear plant near San Clemente, Calif.
-
Cameco Corp., a Canadian mining firm, is planning to buy nuclear fuel broker Nukem Energy for $136 million.
-
Southern Co., developer of a proposed Georgia nuclear facility, is disputing cost adjustments with other owners of the plant.
-
Utility company Energy Northwest is planning to purchase $711 million worth of fuel to power its nuclear plant near Richland, Wash.
-
Southern Co. has tacked on an additional seven months to its building schedule for a proposed nuclear facility in Georgia.
-
Environmental groups are urging the U.S. Nuclear Regulatory Commission not to renew an operating license for Entergy Corp.’s Pilgrim nuclear facility near Plymouth, Mass.
-
Barely visible and completely gelatinous, a jellyfish-like foe has rendered a California nuclear plant inoperable.
-
The number of generation sales launched across all generation sources dropped 60% from 65 to 26 in the first quarter against the same period last year, according to exclusive data from Power Intelligence’s Generation Sale Database.
-
The chief nuclear officer for Southern California Edison has said that he expects the San Onofre nuclear facility to reopen soon.
-
Nuclear developers Westinghouse Electric Co. and Ameren Missouri are seeking federal funds and licensing to develop new nuclear reactors in Missouri.
-
The Shaw Group and Westinghouse have received approval from South Carolina Electric & Gas to go forward with engineering and construction for SCE&G’s proposed nuclear project.
-
Groups opposed to a nuclear facility proposed by Southern Co. are asking a court of appeals to block the license to go forward with the project.
-
American Electric Power is planning to upgrade its Cook nuclear facility in Michigan.
-
Santee Cooper, the South Carolina state utility company, will sell a share of its stake in the output from two nuclear facilities under construction in the state.
-
An executive at Exelon Corp. is calling on state governments to aid in the development of nuclear generation.
-
The U.S. Nuclear Regulatory Commission has fined NextEra Energy for failure to maintain emergency service facilities at the company’s nuclear plant near Homestead, Fla.
-
The U.S. Nuclear Regulatory Commission has approved a license extension for the 1,150 MW Columbia nuclear station near Richland, Wash.
-
Work on a nuclear plant has been halted indefinitely as the U.S. Nuclear Regulatory Commission has stated that more inspections and repairs are needed.
-
Progress Energy is likely to face increased scrutiny from the U.S. Nuclear Regulatory Commission as it moves forward with plans to build nuclear reactors in Florida.
-
A research report from the University of Vermont has claimed that the safety measures needed for nuclear power will eventually render the source unsustainable.
-
Lobbying groups have moved in to oppose a bill in the Iowa state legislature that would aid the development of a nuclear plant proposed by MidAmerican Energy.
-
Shale gas expansion is having an adverse effect on the U.S. nuclear industry as utilities increasingly look to cheap natural gas to meet energy needs.
-
Duke Energy has signed an agreement with China Power Investment Corp. to cooperate in developing nuclear energy technology.
-
New Jersey Governor Chris Christie is calling for a new nuclear plant to be built in the state.
-
MidAmerican Energy has proposed 400 MW of gas-fired generating capacity in the state of Iowa.
-
PG&E has named a new member to its board of directors and has hired an executive as chief nuclear officer.
-
The U.S. Nuclear Regulatory Commission will likely approve two licenses for proposed nuclear reactors in Georgia.
-
The market for new assets was in the doldrums during the last months of 2011—little more than two dozen generation facilities hit the market in the fourth quarter, a 60% drop from the same period in the prior year, according to exclusive data from PI’s Generation Sale Database.
-
The U.S. Nuclear Regulatory Commission has denied safety exemptions proposed by Entergy Corp. for its nuclear reactors in New York.
-
Iowa governor Terry Branstad has stated that he will consider allowing MidAmerican Energy to bill its customers for the cost of construction of a proposed nuclear plant in the state.
-
Power Intelligence hit the ground running after the holidays with a new look in our print issue, our Project Finance Quarterly Recap and coverage of key industry events in Toronto and New Orleans.
-
Ontario is likely to turn to developing more natural gas-fired projects as the province moves toward the retirement of several gigawatts of nuclear facilities, said Jason Chee-Aloy, managing director at Power Advisory at the Euromoney Seminar’s Canadian Power Finance Conference in Toronto.
-
U.S. Nuclear Regulatory Commission has ruled wind and solar generation, favored by an opposition group over UniStar’s proposed 1.6 GW Calvert Cliffs-3 nuclear project in Maryland, cannot supplant baseload nuclear generation.
-
The U.S. Nuclear Regulatory Commission is preparing to hold a vote to on the permits needed for the construction of two nuclear reactors.
-
EDF has withdrawn its opposition of a proposed merger between Exelon and Constellation Energy Group.
-
Vermont utilities companies Green Mountain Power and Central Vermont Public Service Corp. are suing the owner of the Vermont Yankee nuclear plant in Vernon, Vt. for $6.6 million.
-
The Maryland Board of Public Works has approved a license for a proposed nuclear reactor to be built on wetlands in Lusby, Md. by Unistar Operating Services.
-
The N.J. Department of Environmental Protection has renewed a pollutant discharge permit for the Oyster Creek nuclear generating facility.
-
NextEra Energy has repowered Unit 1 of its Point Beach nuclear plant in Two Creeks, Wis., after being offline since October.
-
Committee members at the U.S. Nuclear Regulatory Commission will likely approve the design of Westinghouse Electric Co.’s AP1000 reactor.
-
The U.S. Nuclear Regulatory Commission has discovered problems with the Fort Calhoun nuclear power plant in Fort Calhoun, Neb.
-
Excel Energy Inc. has announced that it has repowered its Monticello nuclear generating plant.
-
Residents living near the Indian Point nuclear facility, which is 24 miles from New York City, could be evacuated because nuclear events take time to develop, according to the U.S. Nuclear Regulatory Commission chairman Gregory Jaczko.
-
The U.S. Nuclear Regulatory Commission plans to boost inspections at Duke Energy’s Oconee nuclear plant near Greenville, S.C.
-
The U.S. Nuclear Regulatory Commission is planning to strengthen safety rules of nuclear plants, prompted by the disaster at the Fukushima Daiichi plant in Japan in March.
-
First Energy has announced that its Davis-Besse nuclear power station has been repowered.
-
A joint venture between Emirates Nuclear Energy Corp. and Korea Electric Power Corp. will cost $30 billion, up from the originally anticipated $20 billion.
-
Dominion Virginia Power has reported that its North Anna nuclear power plant, offline since the Aug. 23 earthquake, is back to full power.
-
This week’s Industry Current is an edited transcript of a conversation between Nick Akins, president and ceo of Columbus, Ohio-based American Electric Power, Chris Crane, president and ceo of Chicago-based Exelon and John Whitlock, managing director and analytical manager in Standard & Poor’s electric utility ratings team. The
-
Manufacturers JA Solar Holdings and LDK Solar have reported third-quarter losses amid sagging sales and mounting inventories.
-
The China Photovoltaic Industry Alliance, which includes GCL Poly Energy Holdings and Suntech Power Holdings, is considering filing a petition to Beijing to initiate an anti-dumping and subsidy investigation of U.S. polysilicon imports.
-
A 2009 leak at Entergy Corp.’s 1.18 GW Waterford 3 nuclear plant in Louisiana posed low to moderate safety significance to workers on the site, reports the Nuclear Regulatory Commission.
-
China is considering resuming construction on some new nuclear reactors.
-
EON is planning to seek damages in court for losses incurred by the German government’s decision to shutter nuclear power in the country.
-
Exelon will give state-owned China National Nuclear Corp. consulting and training services to help them develop nuclear generation.
-
A group of fishermen near Cordoba, Argentina caught a three-eyed wolf fish in a reservoir used by the Embalse nuclear plant earlier this week.
-
The U.S. Nuclear Regulatory Commission has approved a new version of the nuclear plant design that is proposed by NRG Energy for its South Texas project.
-
Dominion Resources’ earthquake-damaged North Anna nuclear power plant in Louisa County, Va., could restart as early as next week, according to the U.S. Nuclear Regulatory Commission.
-
Tokyo Electric Power Co. is expected to receive financial assistance from the Japanese government after the utility company sought JPY1 trillion ($13 billion) in public funds last week.
-
The Oklahoma Corporation Commission has approved public utility status for Clean Line Energy, which is developing an 800-mile, $3.5 billion transmission project to ship wind power to Tennessee.
-
Florida regulators have approved requests from Florida Power & Light and Progress Energy’s Florida utility to pass through $280 million of costs to the ratebase next year to finance nuclear plant upgrades and work on four nuclear projects.
-
Two environmental groups, the Natural Resources Defense Council and Riverkeeper, contend the New York area has surplus generation, allowing for the closure of Entergy’s 2, 065 MW Indian Point nuclear plant in Westchester County, N.Y.
-
PGE, Poland’s largest utility, is expected to issue a request for proposals next month to provide nuclear reactor technology for its first nuclear plant.
-
PGE, Poland’s largest utility, is expected to issue a request for proposals next month to provide nuclear reactor technology for its first nuclear plant.
-
Jeffrey Johnson, a consultant to EDF Group, is recommending that Maryland regulators block the Constellation Energy Group and Exelon merger, saying that adding more nuclear facilities to Exelon’s fleet is a conflict of interest.
-
Southern Co. subsidiary Southern Nuclear has named Danny Bost, Nuclear Safety Review Board consultant, as its chief nuclear officer.
-
China Guangdong Nuclear Power Holding Co. has reinitiated talks with U.K.-based Kalahari Minerals about acquiring a stake in a uranium deposit in Namibia.
-
South Africa is considering offering a $126 billion call for six new nuclear plants by 2030.
-
Rudy Giuliani, the former mayor of New York and a consultant and adviser to Entergy, will appear in advertisements promoting the safety of the company’s Indian Point nuclear plant, roughly 35 miles north of the city.
-
The Nuclear Regulatory Commission says Dominion subsidiary Dominion Virginia Power appropriately shut down two nuclear reactors at its North Anna nuclear plant after the Aug. 23 earthquake in Mineral, Va.
-
A panel of experts advising Tokyo Electric Power Co. says the utility will fall into $20.8 billion of debt if it does not restart nuclear reactors and raise electricity prices.
RECENT ARTICLES
Recent Articles |
|