NRG exits nuclear with sale of South Texas Project stake

Constellation Energy has agreed to purchase NRG Energy’s 44% stake in the South Texas Project (STP) for USD1.75 billion. The plant – located about 90 miles southwest of Houston – comprises two 1280 MWe pressurised water reactors which began providing electricity in 1988 and 1989, respectively. NRG announced it has entered into a definitive agreement …

The Saudis want the US to help build a ‘nuclear Aramco’

Riyadh has proposed to visiting American leaders developing a joint U.S.-Saudi project to build the country’s civilian nuclear energy program, four people briefed on the plans told Semafor. The project — referred to as “nuclear Aramco” — is designed to bolster Saudi Arabia’s ambitions to produce, and potentially export, atomic energy, while also addressing U.S. …

Japan Moving Forward on Nuclear Accident Tolerant Fuels

Developed under a federal program to increase the accident tolerance of conventional uranium dioxide fuel pellets, advanced doped pellet technology (ADOPT) fuel pellets feature an increased uranium density that “significantly enhances the safety and reliability of pressurized water reactors as well as enables customers to improve fuel cycle economics and extend their operating cycles,” Westinghouse …

Michigan lawmakers pledge ‘full support’ for reopening Palisades nuclear plant

The Palisades nuclear plant closed in May 2022 Gov. Gretchen Whitmer has pushed since then to reopen it A new caucus of lawmakers backs the effort, which could cost taxpayers $300 million or more The push to repower the shuttered Palisades nuclear power plant has momentum in Lansing, with a bipartisan caucus pledging support for …

Nuclear an option to meet energy needs: KMT presidential candidate

Kuomintang (KMT) presidential candidate Hou Yu-ih (侯友宜) on Tuesday said he will unveil his energy policy platform, which could include nuclear power, in July, arguing that the goal of making Taiwan a nuclear-free country by 2025 was unattainable. The Democratic Progressive Party (DPP) government of President Tsai Ing-wen (蔡英文) has insisted on making Taiwan a …

Visualizing the uranium mining industry in 3 charts

When uranium was discovered in 1789 by Martin Heinrich Klaproth, it’s likely the German chemist didn’t know how important the element would become to human life. Used minimally in glazing and ceramics, uranium was originally mined as a byproduct of producing radium until the late 1930s. However, the discovery of nuclear fission, and the potential promise of …

Legislators form caucus, send letter supporting reopening Palisades

A bipartisan, bicameral group of legislators has sent a letter to Gov. Gretchen Whitmer supporting the reopening of the Palisades Nuclear Power Plant in Covert Township. Palisades shut down just over a year ago on May 20, 2022, but current owner Holtec International is attempting to restart the plant. Holtec is seeking funding through the U.S. Department …

Electricity prices in Finland flipped negative — a huge oversupply of clean, hydroelectric power meant suppliers were almost giving it away

Finland’s renewable power strategy is paying off as its energy has fallen into negative prices. A new nuclear reactor, as well as unexpected floods, are leading to a glut of clean energy. It is a striking reversal from last year, when Finns slashed their usage after cutting ties with Russia. Finland was dealing with an …