New nuclear power production capacity is not commercially viable to build for now, based on the current Nordic power market outlook of low prices, Finnish utility Fortum (FORTUM.HE), opens new tab said on Monday. The company on Monday concluded a two-year study into the feasibility of new nuclear power but said it would focus on renewable energy …
U.S. Department of Energy Secretary Chris Wright today announced the release of the second loan disbursement to Holtec for the Palisades Nuclear Plant. U.S. Department of Energy (DOE) Secretary Chris Wright today announced the release of the second loan disbursement to Holtec for the Palisades Nuclear Plant. Today’s action releases $56,787,300 of the up to …
Pickering Nuclear Generating Station Backgrounder On March 5, 2025, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced several investments that demonstrate Canada’s commitment to clean energy, innovation and energy security as it continues to move toward a low-carbon economy. Notably, Minister Wilkinson announced a key milestone in the future of the only …
Germany’s nuclear engineering lobby on Wednesday said up to half a dozen nuclear power stations could in theory be reopened despite closing in 2023 as a result of Berlin’s decision to exit nuclear power, as the next government looks to secure cheaper energy. Germany’s conservatives, winners of the February election, said resuming nuclear power generation …
CCC is proud to announce the Government of Canada’s approval for the $2.85 billion contract to extend the life of the Unit 1 CANDU® reactor at the Cernavoda Nuclear Power Plant in Romania. The approval is an important milestone in the project, which was awarded by Romania’s national nuclear power operator, Nuclearelectrica S.A. (SNN) to CCC …
Constellation Energy’s ambitious plan to restart the Three Mile Island Unit 1 as the Crane Clean Energy Center (CEC) is proceeding ahead of schedule, shooting for a 2028 start date, despite a new report that suggests Microsoft may be re-evaluating its data center strategy. Just five months after Constellation announced a landmark 20-year power purchase agreement …
As the U.S. makes a U-turn on premature nuclear closures with plans to restart both Three Mile Island in Pennsylvania and Palisades in Michigan, Spain is sticking to the less than ideal model pioneered by the German nuclear phaseout: close the plants now and worry about grid reliability later. Spain has seven nuclear reactors currently operating. Spain’s misguided nuclear phaseout …
Germany’s nuclear exit was meant to be final. But with energy costs soaring, conservatives are reopening the debate. Only two years after Germany switched off its last reactor, the country’s nuclear debate is back with a vengeance, with the conservative Christian Democrats leading the charge to revive atomic power ahead of an election they are …
EDF has signalled that Britain’s fleet of ageing nuclear power plants can keep running into the next decade amid a scramble to hit Ed Miliband’s clean power targets. The company on Monday said it aimed to “maximise output” from the remaining gas-cooled nuclear reactors to “2030+”, providing this can be agreed with regulators. It is the …
The leader of the centre-right Christian Democratic Union (CDU) in Germany, Friedrich Merz has said he would prioritise revitalising the country’s industrial base ahead of climate protection. In a speech in the industrial western German city of Bochum on Monday, January 13th, Merz said that climate protection should not be more important than the preservation of Germany’s …
