PSEG to consider nuclear plant investments, capitalizing on the IRA’s production tax credits, CEO says

Public Service Enterprise Group will consider “small but important value-added investments” at its nuclear plants, capitalizing on production tax credits in the Inflation Reduction Act, President and CEO Ralph LaRossa said Tuesday. The IRA will “offer our nuclear generation a level of much-needed stability” when the nuclear production tax credit for reactors goes into effect …

Estonia to prepare legislation for nuclear programme

The Estonian government has appointed Edinburgh, UK-based law company Castletown Law to advise it on law and legislation for the country’s advanced civil nuclear energy programme. Last week, Fermi Energia selected GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor for potential deployment in the Baltic country by the early 2030s. Castletown said the work will …

U.S. ramps up advanced fuel production capabilities

 Nine out of the ten advanced reactor designs selected for funding under the U.S. government’s Advanced Reactor Demonstration Program (ARDP) will require advanced fuel, such as high-assay low-enriched uranium (HALEU) and TRIstructural-ISOtropic (TRISO) particles, but there are no commercial suppliers of such fuels currently operating in the United States. U.S. uranium enrichment capability has dwindled …

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 …

EU opens door to ‘green’ nuclear-derived hydrogen

 The European Commission published rules on Monday that could allow some hydrogen produced in nuclear-based energy systems to count towards EU renewable energy goals, signalling a win for pro-nuclear France. Hydrogen is central to Europe’s plans to decarbonise heavy industry, and the rules aim to incentivise investors and industries to shift from hydrogen produced from …

Japan Adopts Plan to Make Maximum Use of Nuclear Power

The Japanese government adopted a plan Friday to make maximum use of nuclear power, in a bid to realize a carbon-free society while ensuring stable electricity supplies. Amid an energy crisis triggered by Russia’s invasion of Ukraine, the basic plan for green transformation marks a departure from Japan’s policy of reducing its dependence on nuclear …

California Energy Commission Analysis Determines Diablo Canyon Extension “Prudent” to Ensure Reliability

A new analysis released today by the California Energy Commission (CEC) found that continuing to pursue an extension of the Diablo Canyon Nuclear Power Plant (DCNPP) would be prudent given grid reliability risks projected to persist in California over the course of the next decade. According to the analysis, California’s energy grid will continue to face significant …