The U.S. Department of Energy (DOE) today released application guidance for the second award cycle of the Civil Nuclear Credit (CNC) Program (BIL provision 40323), a $6 billion investment made possible by President Biden’s Bipartisan Infrastructure Law to prevent the premature retirement of nuclear reactors across the country. Nuclear reactors are a reliable and consistent energy resource …
On March 2, 2023 the Nuclear Regulatory Commission (NRC) approved Pacific Gas and Electric Company’s (PG&E) exemption request to allow continued operations at Diablo Canyon Power Plant (DCPP) past the plant’s current licenses. This exemption will allow PG&E, similar to exemptions granted to other utilities, to continue operating both units at DCPP while the company’s …
State legislation requires the state energy commission to determine the need to extend Diablo Canyon’s license beyond 2025. The California Energy Commission on Tuesday approved a staff analysis recommending the state pursue extending the operation of the Diablo Canyon Power Plant through 2030 to ensure electricity grid reliability. Officials said they considered data showing California risks energy supply shortfalls during …
The Cabinet agreed on a package of bills Tuesday to allow nuclear reactors to operate beyond their current 60-year limit, marking a major shift in government policy since the 2011 nuclear accident in Fukushima Prefecture. The government aims to pass the bills in the current Diet session. The package of bills will revise five laws: …
Largest nuclear operator calls for renewed focus on reliability measures after nearly a quarter of PJM generation goes offline, resulting in up to $2 billion in penalties for generators that failed to produce during Winter Storm Elliott Nuclear plants operated by Constellation (Nasdaq: CEG) performed at 100 percent capacity and proved instrumental in preventing rolling …
For the first time since the triple meltdown at the Fukushima No. 1 nuclear power plant in 2011, an Asahi Shimbun poll has found that a majority of respondents support restarting nuclear plants. The Asahi Shimbun conducted a national telephone survey on Feb. 18-19 in which 51 percent of respondents said they are in favor …
Please follow this link to the EDF Group media release relating to the Group’s Annual Results for 2022 which were published this morning. These relate to the consolidated performance of EDF Group and include a summary of EDF’s performance in the UK. With a strong operational performance by our nuclear fleet, our overall financial performance has improved …
Last year, South Korea’s nuclear power plants generated record-high nuclear power. The proportion of energy generated from nuclear power plants was the highest in six years, which is equivalent to that of the pre-nuclear phase-out policy of the former Moon Jae -in administration. According to KEPCO’s “December Electric Power Statistics Month” on Tuesday, last year’s …
A late-hour attempt to extend the life of California’s last nuclear power plant has run into a predicament that will be difficult to resolve: a shortage of time. A state analysis Monday predicted it will take federal regulators until late 2026 to act on an application to extend the operating run of the Diablo Canyon …
Ukrainian President Volodymyr Zelenskyy on Sunday hailed efforts to restore power generation systems damaged by Russian attacks but warned the population it was too early to declare victory on the energy front. Zelenskyy said power workers had done such a good job repairing the damage caused by Russian missile and drone strikes on Friday that …
