Gov. Youngkin pushing for small modular nuclear reactor in Southwest Virginia

Virginia Gov. Glenn Youngkin has a “moon shot” goal to ramp up nuclear energy. He’s aiming at Southwest Virginia, saying it “has an extraordinary workforce in the energy world.” Youngkin’s 2022 Virginia Energy Plan includes several recommendations in energy innovation. “Southwest Virginia has always been, and always will be about energy,” said Will Payne, director of Invest …

MPs Demand UKs Nuclear Investment to Help Allies Drop Russian Exports

UK industry is uniquely placed to help allies replace use of Russian nuclear fuel The Government must back urgent investment in UK nuclear capability to cut Russian civil nuclear leverage over our allies, according to the All-Party Parliamentary Group on Nuclear Energy paper, “Resisting Russia’s Energy War: UK Nuclear Investment for Allied Energy Security”. Nuclear …

Nuclear central in Virginia’s energy plan

Governor Youngkin launching the 2022 Virginia Energy Plan at electrical equipment manufacturer Delta Star Inc’s Lynchburg facility (Image: Governor of Virginia / YouTube) The 2022 Virginia Energy Plan, announced by Governor Glenn Youngkin, calls for a nuclear innovation hub to be established in the state and for a commercial small modular reactor to be deployed in …

Duke Energy ups 10-year capital spending plan to $145B to modernize grid, move to zero-carbon generation

Duke Energy’s capital investment and energy transition plans call for $145 billion in spending over the next decade, with costs up by $10 billion over the company’s previous ten year plan, according to an announcement released Tuesday. Some 85% of the spending will go toward grid modernization and to the company’s transition toward decarbonized generation, according to …

Brookfield sees new dawn for nuclear

Westinghouse’s technology portfolio includes the AP1000 (Image: Westinghouse) There is no credible net-zero scenario in which nuclear does not grow its capacity from today, global asset management company Brookfield said in a newly released White Paper. The worldwide drive to net zero is shining a spotlight on nuclear as a clean, safe and mature source …

DOE Seeks Input on the Bipartisan Infrastructure Law’s Civil Nuclear Credit Program Round Two Funding

Public Feedback Will Inform Guidance for Applicants of Nuclear Facilities Projected to Close Due to Economic Circumstances The U.S. Department of Energy (DOE) today released draft guidance for the second award cycle of the $6 billion Civil Nuclear Credit (CNC) Program, authorized by the President’s Bipartisan Infrastructure Law to prevent the premature retirement of nuclear …