Nuclear energy can enhance energy security and address environmental goals

The world faces two major energy challenges today: achieving decarbonisation goals and ensuring that every citizen and every business across the globe has equitable opportunity to have 24/7 access to dependable and affordable energy. The combination of an increasingly urgent climate crisis and volatile energy prices has highlighted the key strengths of nuclear technologies. Nuclear …

The last nuclear plant in California – and the unexpected quest to save it

The Diablo Canyon nuclear plant, on the edge of the Pacific ocean, was due to close in three years. Photograph: Mark Ralston/AFP/Getty Images The Diablo Canyon facility, which provides 9% of the state’s energy, was due to shutter in 2025, but the state’s energy crunch could save it. California’s last nuclear plant was nearing the end …

PJM capacity prices fall 32% with more nuclear, solar capacity clearing in the latest auction

Capacity prices across most of the PJM Interconnection fell 32% to a 10-year low of $34.13/MW-day from $50/MW-day in the previous auction, possibly reflecting recent rule changes, the grid operator said Tuesday. PJM bought 144,871 MW of capacity for the capacity year that starts June 1, 2023, for $2.2 billion, down from $4 billion in the last …

Energoatom, Westinghouse discuss construction of new nuclear power units in Ukraine

Ukraine’s National Nuclear Energy Generating Company Energoatom and U.S.-based Westinghouse have discussed bilateral cooperation, including the preparation of regulatory documentation for the construction of new nuclear power units using AP1000 technology in Ukraine. According to Ukrinform, the press service of the Ukrainian company said this in a statement posted to messaging app Telegram. According to the …

Nuclear industry hopes to expand output with new reactors

In this photo taken with a slow shutter speed, taillights trace the path of a motor vehicle at the Naughton Power Plant, Thursday, Jan. 13, 2022, in Kemmerer, Wyo. While the power plant will be closed in 2025, Bill Gates’ company TerraPower announced it had chosen Kemmerer for a nontraditional, sodium-cooled nuclear reactor that will …

EDF study confirms very low carbon nature of nuclear

Each kilowatt-hour (kWh) of electricity produced by EDF’s reactor fleet in France emits the equivalent of less than 4 grams of carbon dioxide (CO2), according to a life cycle analysis (LCA) published by the company. The analysis shows most of these emissions occur in the upstream phases of the life cycle. EDF said the study – published …

Appropriations Committee Releases Fiscal Year 2023 Energy and Water Development, and Related Agencies Funding Bill

Legislation lowers costs for working families, creates good-paying jobs, invests in clean energy, and rebuilds water infrastructure WASHINGTON — The House Appropriations Committee today released the draft fiscal year 2023 Energy and Water Development and Related Agencies funding bill, which will be considered in subcommittee tomorrow. The legislation funds agencies and programs in the Department …

Biden Proposes Changes to Help Rescue California Nuclear Plant

The US Department of Energy is proposing changes requested by California Governor Gavin Newsom that will allow the state’s last nuclear power plant to qualify for federal financial assistance. The Energy Department proposed removing a requirement that would have prevented PG&E Corp.’s Diablo Canyon nuclear power plant from getting a portion of $6 billion in …

More than 80% of Japanese firms back nuclear restart, tourism resumption

Firms welcome resumed entry of tourists as growth booster – poll They want tourist numbers at pre-COVID level in 2023 Many firms expect moderate or flat economic growth this FY Most seek another stimulus package Bulk of firms back nuclear power restart if safety guaranteed A large majority of Japanese companies support both restarting idled …