The AI-driven boost in power consumption is going to be big for nuclear energy, according to Joe Dominguez, chief executive officer of Constellation Energy Corp. The largest US operator of nuclear plants is the third-best performer on the S&P 500 Index this year. The 60% gain has come as the power industry is recognizing that …
US utility Constellation Energy Corporation has submitted a subsequent licence renewal application with the Nuclear Regulatory Commission (NRC) for its two-unit Dresden nuclear power plant in Illinois. The plant’s operating licence was first renewed by the NRC in 2004. Filing the licence renewal application with the NRC kicks off a comprehensive, multi-year regulatory review process …
Unit 4 at China’s Fangchenggang NPP in the Guangxi Autonomous Region has been connected to the grid, according to China General Nuclear (CGN). The unit is the second of two demonstration Hualong One (HPR1000) reactors (units 3&4) at the site. The Fangchenggang plant will eventually house six reactors. Phase one (units 1&2) are CPR-1000 units …
File photo taken from a Kyodo News airplane in April 2021 shows the Unit 6 (R) and 7 reactors at the Kashiwazaki-Kariwa Nuclear Power Station in Niigata Prefecture. (Kyodo) Tokyo Electric Power Company Holdings Inc. started loading nuclear fuel into a reactor on Monday at an idle plant northwest of Tokyo as part of preparations …
The first DCS (digital control system) cabinet for nuclear reactors was formally installed and put into a trial operation at the Linglong One reactor, a multiple-purpose modular small reactor demonstration project invested and controlled by China National Nuclear Power Co., Ltd. (CNNP), a subsidiary of China National Nuclear Corporation (CNNC), in Changjiang of South China’s …
While setting a goal to have 100 percent renewable capacity by 2032, Palau must embrace nuclear energy to supplement the country’s existing power sources, President Surangel Whipps Jr. said. “If there are safe, small nuclear reactors that are in the development stage, it’s something we have to consider because solar panels and batteries are not …
Assistant Secretary for Nuclear Energy Dr. Kathryn Huff. The U.S. Department of Energy (DOE) today announced more than $59 million to 25 U.S. colleges and universities, two national laboratories, and one industry organization to support nuclear energy research and development and provide access to world-class research facilities. With these awards, DOE’s Office of Nuclear Energy …
Consumer advocates still have cost concerns, though. The General Assembly will take another look at legislation that would allow the state’s two biggest electric utility companies to request ratepayer funds to cover costs of early development for small modular nuclear reactors. SMRs are well-described by their name. They’re smaller than a traditional reactor — those …
Koya Capital will seek funding for Stratek Global, a South African nuclear design company. South African nuclear company Stratek Global and technology consultancy Koya Capital have entered into a partnership to secure the financing and construction of a R9bn ($480m) first-of-a-kind reactor in South Africa. The new HTMR-100 reactor, being developed in Pretoria, produces 100MW of …
Suppliers to Support AP1000 Deployment at Kozloduy Nuclear Power Plant and Globally Westinghouse Electric Company today signed memorandums of understanding (MOUs) with 17 significant Bulgarian suppliers to support the upcoming AP1000® nuclear projects at the Kozloduy Nuclear Power Plant site in northern Bulgaria, and other projects throughout the region. This milestone is a result of …