Biden Administration Finalizes a $1.1 Billion Aid Package for California’s Last Nuclear Power Plant

The Biden administration has finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running President Joe Biden’s administration on Wednesday finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running. The funding is a financial pillar in the plan to keep the Diablo Canyon Power Plant producing electricity …

Finnish grid operator found in breach of regulation over nuclear reactor

Finnish power grid operator Fingrid acted in breach of market regulation when transferring certain obligations for the power system’s reliability to TVO, owner of the new OL3 nuclear reactor, Finland’s energy authority said on Friday. The OL3 reactor, Europe’s biggest with a capacity to meet around 14% of Finland’s energy demand, began regular output in 2023 after …

Seismic Challenge: Oil Leak and Damage at Japan’s Shika Nuclear Plant Post Earthquake

In an unprecedented event unfolding in Japan’s Ishikawa Prefecture, the Shika nuclear power plant (NPP), operated by Hokuriku Electric Power Company, suffered a significant oil leak and damage following a powerful earthquake and a series of aftershocks on New Year’s Day. The 7.6-magnitude earthquake, the strongest recorded in the Noto Peninsula region since 1885, sent …

Japan lifts operational ban on world’s biggest nuclear plant

 Japan’s nuclear power regulator on Wednesday lifted an operational ban imposed on Tokyo Electric Power’s (9501.T) Kashiwazaki-Kariwa nuclear power plant two years ago, allowing it to work towards gaining local permission to restart. Tepco has been eager to bring the world’s largest atomic power plant back online to slash operating costs, but a resumption still needs consent …

Regulator accepts Diablo Canyon licence renewal application

Pacific Gas & Electric (PG&E) can operate the two-unit Diablo Canyon nuclear power plant in California beyond the expiry of their current licences (2024 and 2025, respectively) following the acceptance of PG&E’s licence renewal application by the US Nuclear Regulatory Commission (NRC). PG&E filed the application on 7 November, seeking to extend the plant’s operating …

ENGIE signs a final agreement with the Belgian government on the extension of Tihange 3 and Doel 4 nuclear reactors

This document confirms and endorses the key principles of the framework agreement signed on 21 July 2023, namely: the commitment by both parties to implement Flexible Long-Term Operation (Flex LTO), with an estimated investment of between €1.6bn and €2bn, and to use their best efforts to restart the nuclear units at Doel 4 and Tihange …

Tepco Jumps Ahead of Regulator’s Decision on Nuclear Power Plant

Japan’s top utility surged as regulators indicated they will take a step that may lead to the restart of its nuclear power plant — the world’s largest. The Nuclear Regulation Authority will make a final decision to remove a ban on restarting Tokyo Electric Power Co.’s Kashiwazaki Kariwa nuclear power plant after conducting an on-site …