Vistra moves more deeply into nuclear power with planned $3.43B acquisition of Energy Harbor

The deal will accelerate the growth of Vistra’s zero-carbon operations, adding about 4,000 MW of nuclear capacity and about 1 million retail customers, Vistra said. Energy Harbor says it supplies about 33 terawatt-hours of nuclear power to customers in the PJM Interconnection market annually, enough to power more than 3.5 million homes and businesses. It owns and operates …

U.S. Department of Energy Releases Guidance for Second Award Cycle of Bipartisan Infrastructure Law’s $6 Billion Civil Nuclear Credits Program

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 …

Nuclear Regulatory Commission Approves PG&E Request Related to Continued Operations at Diablo Canyon Power Plant (DCPP)

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 …

California regulators find Diablo Canyon nuclear plant needed through 2030 to support grid reliability

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 …

Cabinet OK’s Bills Aimed at Expanding Lifespan of Nuclear Reactors Beyond 60 Years

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: …

Constellation’s Nuclear Fleet Outperformed as Fossil Plants in Nation’s Largest Grid Failed During Winter Storm Emergency

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 …

EDF Group Results 2022 – highlights for EDF in the UK

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 …

S. Korea saw record-high nuclear power generation last year

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 …