Japan’s New Economy Minister Seeks to Maximize Nuclear Restarts

Japan’s new economy minister said the country will need to maximize the use of existing nuclear power plants as artificial intelligence and data centers are expected to boost electricity demand. It’s “natural” for Japan to pursue both atomic and renewable energy in order to meet the growing needs without increasing carbon emissions, said Yoji Muto, …

Holtec Closes $1.52B DOE Loan to Restart Palisades, Support Revitalization of Domestic Nuclear Industry

Progress toward the historic restart of the Palisades Nuclear Power Plant made a monumental step forward today with the announced close of a $1.52 billion loan from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). The announcement took place on site in Covert Township, Michigan, before a large gathering of Holtec associates, skilled …

AI and crypto use lots of energy. Nuclear power and uranium look like the perfect fix.

Data centers are expected to consume more and more electricity thanks to growth in artificial intelligence and cryptocurrency mining — and nuclear energy and uranium appear a good way for investors to gain exposure to this rise in power demand. Clearly, data centers and AI need “consistent, baseload power,” while many information-technology (IT) companies in …

Owner of Duane Arnold Energy Center in Palo considers bringing plant back online

Duane Arnold Energy Center The owner of the Duane Arnold nuclear power plant is weighing whether to bring the facility back online as more power hungry data centers are coming to eastern Iowa. The Duane Arnold Energy Center in Palo shut down four years ago with its owner, NextEra, saying it wasn’t economically viable anymore. …

Microsoft AI Needs So Much Power It’s Restarting Site of US Nuclear Meltdown

Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges. The owner of the shuttered Three Mile Island nuclear plant in Pennsylvania will invest $1.6 billion to revive it, agreeing to sell all the output to Microsoft Corp. as the tech titan seeks carbon-free electricity for data centers to power the artificial …

Palisades Restart Program – Now in the Inspections and Maintenance Phase – Remains on Schedule for Repowering

Inspection of Palisades Containment Building dome and structural tendon system The Holtec Palisades team continues to build upon the momentum of recent progress at the Palisades Nuclear Power Plant in Covert Township, Michigan. As reported in the August 29 issue of this bulletin, these advancements have included initial accreditation for our Operations and Maintenance & Technical training …

Armenia and Russia Discuss Extending the Operation of the Armenian Nuclear Power Plant

On Wednesday, September 11, a meeting took place in Yerevan between Armenia’s Minister of Territorial Administration and Infrastructure, Gnel Sanosyan, and the Ambassador of the Russian Federation to Armenia, Sergey Kopyrkin. The central topic of the discussion was the potential further extension of the operational life of the Armenian Nuclear Power Plant (ANPP). According to …

Three Mile Island revival remains distant, but talks continue among Pennsylvania lawmakers

Pennsylvania lawmakers are beginning to discuss reopening the infamous Three Mile Island nuclear power plant, however, no specific plan to revive the plant has been made. TMI-2, the site of the worst nuclear disaster in US history, has stoked environmental fears in the public for years. Now, state lawmakers are considering reopening the plant. “This …