Nuclear
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Backed by several venture firms, The Nuclear Company, plans to build a fleet of nuclear plants throughout the US.
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Nuclear Fuels has appointed Gregory Huffman as chief executive officer, president and director, effective immediately.
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A stalled bill to extend tax breaks for data centres in Michigan has been touted as the bellwether for a co-generation comeback.
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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.
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Nuclear fission company Oklo has signed a memorandum of understanding (MoU) with Atomic Alchemy to produce isotopes, necessary for creating and recycling fast reactors.
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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.
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CPS Energy has signed a long-term power purchase agreement (PPA) with Constellation for 200MW of capacity beginning summer 2024.
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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.
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Nuclear technology company Oklo has signed a long-term power purchase agreement (PPA) for a 50MW project with major oil producer Diamondback Energy.
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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.
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Nuclear power plant operator Constellation Energy has offered $900 million in green senior notes due 15 March, 2054, PFR has learned.
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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.
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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.
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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.
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Nuclear company Westinghouse has hired former vice president of strategy and innovation at Kairos Power, Lou Martinez Sancho, as its chief technology officer.
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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.
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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.
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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.
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The US Air Force Research Laboratory’s Space Vehicle Directorate has selected Westinghouse to power its advanced space research program.
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Small modular nuclear reactor and fuel business X-Energy Reactor Company (X-energy) has completed a $80 million Series C financing round.
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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.
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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.
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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.
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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).
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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.
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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.
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Xcel Energy has continued to make changes at the top, naming a new group president of utilities and chief customer officer.
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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.
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Nuclear power provider Xcel Energy has named Chris Church as its new chief nuclear officer.
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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.
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ComEd has entered an offtake agreement to purchase carbon-free nuclear energy from power producer Constellation.
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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.
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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.
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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).
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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.
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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.
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Energy Harbor has filed to renew an operating license for the company’s Perry nuclear power plant for another 20 years.
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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.
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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.
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The Ontario government has begun pre-development work siting the first large-scale nuclear build in more than 30 years.
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