No power technology can replace or do the job of nuclear energy today, says Duke Energy CEO

An employee leaves in his car from the nuclear plant on Three Mile Island, with the operational plant run by Exelon Generation on the right, in Middletown, Pennsylvania on March 26, 2019. Duke Energy CEO Lynn Good tells the CNBC Evolve Global Summit that energy transition is happening, but there is no technology that exists …

A needed nuclear option for climate change

The cooling towers of a nuclear power plant in 2021, near Grohnde, Germany. Sean Gallup/Getty Images Germany’s decision to restart old coal plants rather than extend the life of its nuclear power facilities reflects a failure of environmental priorities. Peel away the politics and the passion, the doomsaying and the denialism, and climate change largely boils …

TVA Issues One of the Nation’s Largest Requests for Carbon-Free Energy

TVA is a clean-energy leader and is committed to partnering with others to go further and faster to achieve its carbon-reduction initiatives. TVA is pursuing a clean energy future that stimulates economic growth and positions the region as a national leader in decarbonization technologies – battery storage, electric vehicles and new nuclear. TVA is creating …

Taxonomy: MEPs do not object to inclusion of gas and nuclear activities

Absolute majority of MEPs needed to reject the Commission’s proposal was not reached If Council does not object either, the Taxonomy Delegated Act enters into force on 1 January 2023 Parliament has rejected a motion to oppose the inclusion of nuclear and gas as environmentally sustainable economic activities. The European Parliament did not object to …

Emerging small nuclear reactors may significantly contribute to grid decarbonization by 2050: study

Dive Brief: Small domestic advanced nuclear reactors could play a major role in decarbonizing electricity in the U.S. by providing carbon-free energy, balancing out solar and wind resources, and being installed at shuttered coal and other fossil plants, according to a study released July 6 by the Breakthrough Institute.   These alternatives to large-scale nuclear reactors …

Korean govt on reactor sale pitch arranged 9 MoUs with reactor-related firms in Poland

South Korea’s Industry Minister Lee Chang-yang on a nuclear reactor pitch tour visited Poland after the Czech Republic arranged deals between six Korean and nine Polish companies on reactor projects, according to the trade, industry and energy ministry Friday. The memorandums of understanding involved state entities Korea Hydro & Nuclear Power (KHNP), KEPCO Technology, KEPCO …

US NNSA initiates process to purchase strategic uranium

The US National Nuclear Security Administration (NNSA) has begun the process to initiate the USA’s strategic uranium reserve, issuing a solicitation to purchase up to an estimated one million pounds of domestically-produced U3O8. The solicitation – which is issued as a Request for Proposal (RFP) – is for purchase of uranium “provided by a vendor that has …

Nuclear Power on the Upswing, Numerous Projects Take Shape Around the World

1. The inner containment is one of the main components of the nuclear power plant safety system. It not only protects the reactor compartment, but also supports the polar crane used to service the nuclear reactor. Courtesy: ROSATOM The International Energy Agency (IEA) says momentum is building for nuclear power in many countries amid soaring …

Government backing for Sizewell C expected ‘in weeks’

The government is set to approve a key funding decision on the proposed £20bn Sizewell C nuclear plant in the next two weeks. Ministers are ironing out “minor” details on the project prior to the announcement of a government investment decision, according to reports in The Telegraph, with a decision due in the next fortnight. Sources told the …