Biden administration launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened on Tuesday for a civil nuclear credit program that is intended to …

With Palisades shutdown, Michigan loses ‘clean’ power producer

 A little more than a month away from Palisades Nuclear Plant’s retirement date, the community is in the middle of an effort to quantify the plant closure’s impact on their economy — and on the electric grid. When the 811-megawatt plant goes offline May 31, Consumers Energy, which buys power from the Entergy-owned plant, will lose a …

France’s EDF could sell renewables to focus on nuclear – BFM

France is considering restructuring plans for debt-laden power firm EDF (EDF.PA) that include full nationalisation followed by the sale of its renewables business to focus on nuclear energy, BFM Business reported, citing unidentified sources. The website said the government was working with investment bank Goldman Sachs on several restructuring scenarios. The sale of the renewables business could …

Bruce Power to explore feasibility of using excess energy for hydrogen production

Today, as part of Ontario’s hydrogen strategy, Bruce Power is announcing plans to explore opportunities to leverage optimized site output for potential hydrogen production in partnership with companies within the Clean Energy Frontier region. “Through our Life-Extension Program we are providing Ontario residents and businesses with a long-term supply of clean, reliable electricity and life-saving …

China Nuclear Power Co’s first-quarter electricity output up 15.5per cent

China National Nuclear Power Co’s first-quarter power generation increased by 15.5per cent from the same period last year, with renewables growth outpacing its dominant nuclear arm. Total power output was 47 billion kilowatts hours (kWh) in the first three months of 2022, including 44.3 billion kWh from nuclear power stations and 2.69 billion kWh from …

Indian minister provides uranium, construction updates

India has imported just over 7600 tonnes of uranium in the past three years, mostly from Kazakhstan and Canada, according to official figures released by the government. Minister of State Jitendra Singh provided the data, as well as figures for domestic uranium production, and updates on nuclear construction projects, in written answers to questions in …