Holtec signs PPA aimed at restarting Palisades nuclear plant

The fate of the shuttered plant still hinges on financial support from the federal government. Holtec International and Wolverine Power Cooperative announced the signing of a long-term power purchase agreement that would allow the restart of the 800 MW Palisades nuclear plant in Covert Township, Michigan. Wolverine would purchase up to two-thirds of the power …

‘Net Zero Nuclear’ Initiative Calls for Global Collaboration to Triple World Nuclear Capacity by 2050

World Nuclear Association (WNA) and the Emirates Nuclear Energy Corporation (ENEC), with the support of the Atoms4NetZero initiative launched by the International Atomic Energy Agency (IAEA), today called for unprecedented collaboration between government, industry leaders and civil society to triple global nuclear capacity to achieve carbon neutrality by 2050. The urgent call for rapid deployment …

French Power Prices Drop on Renewed Confidence in Nuclear Fleet

Winter prices almost close the difference with German power Signals of improved energy security after volatile period A steep drop in French electricity prices is signaling increasing confidence that Europe’s biggest fleet of nuclear reactors will be able to operate reliably through the winter. French power for the first quarter of next year traded at …

How China became the king of new nuclear power, and how the U.S. is trying to stage a comeback

China has 21 nuclear reactors under construction which will have a capacity for generating 21.61 gigawatts of electricity, according to the International Atomic Energy Agency. That is more than two and a half times more nuclear reactors under construction than any other country. China’s drive to build nuclear energy is twofold: It has a massive …

Westinghouse expands fuel offerings of Columbia plant

Westinghouse has announced the creation of a centre of excellence for Low Enriched Uranium Plus (LEU+) fuel manufacturing at its Columbia Fuel Fabrication Facility (CFFF) in Hopkins, South Carolina. “The demand for LEU+ fuel in the range of 5–10% enrichment is expected to grow significantly in the coming years due to increased power generation which …

Studsvik considers SMR deployment at Nyköping site

Swedish nuclear technical services provider Studsvik has signed a memorandum of understanding with small modular reactor (SMR) project development company Kärnfull Next, which is investigating the possibility of constructing and operating SMRs on the Studsvik industrial site near Nyköping on Sweden’s east coast. Kärnfull Next said the feasibility study began in May, and preliminary results …