Biden administration pushes to revitalize coal communities with clean energy projects

The Biden administration is channeling hundreds of millions of dollars from recent legislation into its efforts to turn coal communities into clean energy hubs. The White House highlighted $450 million in funding from the Bipartisan Infrastructure Law available for projects, along with $16 million for studies on developing a facility that could refine rare earth …

The Future Looks Bright for Nuclear Power—Dare We Use the ‘R’ Word Again?

The term “nuclear renaissance” was very popular in the early 2000s. Nuclear power plant operators had substantially improved existing plant performance, and many new plants were being considered around the world, including in the U.S. In fact, later in the decade, contracts were signed and early site work began on two dual-unit new-build nuclear projects …

Illinois Senate passes bill to lift ban on nuclear power construction

The Illinois Senate has voted to lift a three-decade-old ban on the construction of new nuclear power plants in the state. On Thursday, following a bipartisan roll call, the Senate passed State Senator Sue Rezin’s legislation, Senate Bill 76, which would end the state’s moratorium on the construction of new nuclear power plants. Rezin said …

Virginia enacts multiple laws aimed at developing SMRs

Virginia’s governor has expressed interest in bringing a small modular nuclear reactor to Southwest Virginia. Virginia Gov. Glenn Youngkin (R) signed multiple bills into Virginia law in the last week intended to promote the development of small modular reactors (SMRs). One law, from identical HB 2386 and SB 1464 bills, would create the Virginia Power Innovation Fund. …

Reuse of coal plants can cut small modular nuclear reactor development costs by 35%: report

Nearly one-fourth of the current U.S. coal-fired fleet is scheduled to retire by 2029, providing opportunities to site advanced nuclear plants, specifically small modular reactors, or SMRs, a Washington, D.C. think tank says in a recent report. The reactors can reuse coal plant electrical equipment and steam-cycle components that, combined with reuse of transmission and administrative buildings, …

Tennessee Valley Authority, Ontario Power Generation and Synthos Green Energy Invest in Development of GE Hitachi Small Modular Reactor Technology

GE Hitachi Nuclear Energy (GEH), Tennessee Valley Authority (TVA), Ontario Power Generation (OPG) and Synthos Green Energy (SGE) are teaming up to advance the global deployment of the GEH BWRX-300 small modular reactor (SMR). Through a technical collaboration agreement that was announced today in Washington, D.C., TVA, OPG and SGE will invest in the development …

USA, Indonesia announce partnership on SMRs

The USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear energy programme, supporting Indonesia’s interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals. A Memorandum of Agreement, as well as affiliated grants and contracts, was signed during the Indo-Pacific Business Dialogue in Bali, Indonesia. The …

Last Energy Signs Deals Worth $19 Billion for Nuclear Plants

Last still needs regulator approval in UK, Poland for reactors Company is building its first 20-megawatt reactor in Texas Last Energy Inc., a startup developing advanced, smaller nuclear power plants, completed four deals worth $18.9 billion to build 34 reactors in Europe. The Washington-based company expects to install the first of its 20-megawatt systems as soon as …