NRG exits nuclear with sale of South Texas Project stake

Constellation Energy has agreed to purchase NRG Energy’s 44% stake in the South Texas Project (STP) for USD1.75 billion. The plant – located about 90 miles southwest of Houston – comprises two 1280 MWe pressurised water reactors which began providing electricity in 1988 and 1989, respectively. NRG announced it has entered into a definitive agreement …

The Saudis want the US to help build a ‘nuclear Aramco’

Riyadh has proposed to visiting American leaders developing a joint U.S.-Saudi project to build the country’s civilian nuclear energy program, four people briefed on the plans told Semafor. The project — referred to as “nuclear Aramco” — is designed to bolster Saudi Arabia’s ambitions to produce, and potentially export, atomic energy, while also addressing U.S. …

Karachi 3 receives operating licence

The Pakistan Nuclear Regulatory Authority (PNRA) has granted an operating licence for unit 3 of the Karachi nuclear power plant, the second of two Chinese-supplied Hualong One reactors at the site. Units 2 and 3 of the Karachi site – near Paradise Point in the province of Sindh – are the first exports of China …

Michigan lawmakers pledge ‘full support’ for reopening Palisades nuclear plant

The Palisades nuclear plant closed in May 2022 Gov. Gretchen Whitmer has pushed since then to reopen it A new caucus of lawmakers backs the effort, which could cost taxpayers $300 million or more The push to repower the shuttered Palisades nuclear power plant has momentum in Lansing, with a bipartisan caucus pledging support for …

Legislators form caucus, send letter supporting reopening Palisades

A bipartisan, bicameral group of legislators has sent a letter to Gov. Gretchen Whitmer supporting the reopening of the Palisades Nuclear Power Plant in Covert Township. Palisades shut down just over a year ago on May 20, 2022, but current owner Holtec International is attempting to restart the plant. Holtec is seeking funding through the U.S. Department …