It is ‘necessary’ and ‘feasible’ to build nuclear power plants in inland areas: national political advisors

Fifteen national political advisors submitted a joint proposal to the ongoing two sessions, highlighting the necessity and feasibility of building nuclear power plants in inland areas, strengthening the development of nuclear power, expanding the spatial distribution of nuclear power and promoting the comprehensive use of nuclear energy for heating. The 20th National Congress of the Communist Party …

How TVA plans to make East Tennessee a leader in the next generation of nuclear energy

Clinch River site could house the first small modular nuclear reactor on TVA’s grid. Just weeks after Gov. Bill Lee proposed investing $50 million to recruit companies to make Tennessee a leader in nuclear energy, the Tennessee Valley Authority gave the public its first look at the Clinch River Nuclear Site that could house the …

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 …

France Sees ‘No Problem’ Funding Macron’s New Nuclear Reactors

French President Emmanuel Macron’s government sees “no problem” funding the six new nuclear reactors he has proposed building, a project that by one estimate could cost at least €51 billion ($54 billion). “We trust the nuclear industry, there’s no difficulty ahead to fund nuclear reactors announced by the president,” government spokesman Olivier Veran said after …

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 …