Florida’s Byron Donalds announces major legislative push for nuclear energy

Florida Republican Rep. Byron Donalds announced his “Summer 2024 Nuclear Push,” composed of 10 aspects in a bid to promote nuclear energy in the U.S. That includes six pieces of legislation and four letters to “leaders of top international institutions with nuclear financing capabilities.” Below is a list of Donalds’ upcoming legislation: H. RES. 1395 – USA …

New York could see electricity demand grow 90% by 2042: ISO

Long-duration batteries, small modular nuclear reactors, hydrogen and fuel cells may be needed to replace 25 GW of fossil generation by 2040. New York’s electricity demand could increase by 50% to 90% over the next two decades, driven by the electrification of heating and transportation and the development of energy intensive projects and industry, the state’s grid …

Uranium contract prices soar on uncertain supply, AI-led power demand

Long-term uranium contract prices have hit over 16-year highs on supply uncertainty and higher demand from utilities scrambling to secure the radioactive fuel to aggressively expand their capacity to power mushrooming AI data centers. Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months. “With …

Construction starts on several projects at nuclear power plants, accelerating China’s clean-energy development

Construction or upgrading began recently on several projects at nuclear plants in China, a significant development in the country’s nuclear power and clean energy landscape. Construction began on Sunday at a new unit of the Ningde Nuclear Power Plant in East China’s Fujian Province. The first concrete pour for the nuclear island of Unit 5 …

Spain’s 1 GW Trillo nuclear power plant gets 10-year license renewal

Spain’s Nuclear Safety Council (CSN) has approved the extension of the operating license of the 1,000 MW (1,066 MW gross) Trillo nuclear power plant for a 10-year period. The Trillo nuclear power plant is located in the province of Guadalajara (Spain) and is set to celebrate 40 years of operation in 2028, when it will enter into Long-Term Operation (LTO) status. …

Data center renewables demand drives strong Q2 for NextEra Energy Resources

The 200-MW Bronco Plains II wind farm in Kit Carson County, Colorado, owned by NextEra Energy Resources. The company  signed deals for more than 3 GW of renewable energy during the second quarter, including an 860 MW agreement with Google. Courtesy of Holy Cross Energy NextEra Energy’s development arm signed deals for more than 3 GW of renewable …

Palisades nuclear plant could restart in August 2025

The latest update came during a Congressional hearing this week. Palisades, likely to become the U.S.’ first shut-down nuclear power plant to be recommissioned, is on track to restart in August 2025, according to an update from the top U.S. nuclear regulatory official. U.S. Nuclear Regulatory Commission (NRC) Chair Christopher Hanson told U.S. Rep. Tim …

NextEra considers restarting Iowa nuclear plant amid rising demand for carbon-free energy

KEY POINTS NextEra is looking at restarting the Duane Arnold Energy Center in Iowa, CEO John Ketchum said. The Duane Arnold plant ceased operations in 2020 after 45 years of service. Demand for nuclear power is growing as the tech sector and utilities scramble for carbon-free energy. NextEra Energy is considering restarting a nuclear plant in …

US working with Kyiv on future power generation plans

Jennifer Granholm, U.S. Secretary of Energy, delivers a keynote address during the opening event of the fifth meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) in Bucharest, Romania, July 23, 2024. Inquam Photos/Octav Ganea via REUTERS/File Photo Purchase Licensing Rights  The United States is working with Ukraine on a roadmap for its post-war energy …