Kairos Power Joins With Bruce Power, Constellation, Southern Company and TVA to Form Advanced Nuclear Development Consortium

April 20, 2022 – Kairos Power has assembled leading North American utilities and generating companies to launch an advanced nuclear development consortium named Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA) to advance the development of the company’s advanced fluoride salt-cooled high-temperature reactor (KP-FHR) technology. Current member corporations include: Bruce Power, Canada’s only private sector nuclear …

With six weeks until shutdown, Whitmer calls for bailout of Palisades Nuclear Plant

Michigan Gov. Gretchen Whitmer is looking to tap a newly created federal nuclear power plant bailout fund to keep Palisades Nuclear Plant open. The Entergy Corp.-owned, 800-megawatt reactor five miles south of South Haven is scheduled to retire for good at the end of May. The shutdown removes a substantial power source from the grid, as Palisades …

Biden administration launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened on Tuesday for a civil nuclear credit program that is intended to …

Can Kazakhstan Become Carbon Neutral by 2060?

If the necessary policies are implemented, the goal of carbon neutrality by 2060 is ambitious, but achievable. During an April interview with The Astana Times, Judy Kuo, chargé d’affaires at the U.S. embassy in Nur-Sultan, discussed Kazakhstan’s plans to become carbon neutral by 2060. Kuo highlighted how “Kazakhstan is blessed with abundant natural resources that are …

Could we see a nuclear power renaissance?

Nuclear power is a controversial but essential energy source, and may enjoy a renaissance in some regions amid energy security and climate change concerns. Actual disasters and the threat of one have made nuclear an uncomfortable energy choice, yet it still provides about 10% of global electricity supplies. Despite the risks involved, as well as …

With Palisades shutdown, Michigan loses ‘clean’ power producer

 A little more than a month away from Palisades Nuclear Plant’s retirement date, the community is in the middle of an effort to quantify the plant closure’s impact on their economy — and on the electric grid. When the 811-megawatt plant goes offline May 31, Consumers Energy, which buys power from the Entergy-owned plant, will lose a …

Guangdong plans to build nuclear power industrial parks to ensure energy security

South China’s Guangdong Province, a major manufacturing hub, released its 14th Five-Year Plan (2021-25) for energy on Wednesday, vowing to promote the development of clean energy while ensuring energy security. According to the plan released by the provincial government, Guangdong will develop the nuclear energy industry, with new nuclear power industrial parks to be built …

EGA plans shift to nuclear and solar for aluminium production as demand soars

Exclusive: a massive move to sustainability is driving the UAE’s industrial sector focus, says chief executive of Dubal Holding, which owns 50 per cent of EGA Emirates Global Aluminium (EGA), the UAE’s biggest industrial company outside the oil and gas sector, will soon make a complete shift to nuclear and solar energy to produce aluminium, …