Inflation Reduction Act ‘puts nuclear on a level playing field’: Constellation Energy CEO

Constellation Energy CEO Joe Dominguez joins Yahoo Finance Live to discuss completing the separation of Exelon, the energy sector outperforming in the S&P 500, the Inflation Reduction Act, demand for nuclear energy, carbon-free energy, and the climate crisis. JULIE HYMAN: One of the best performers in the S&P 500 this year is kind of a stealth …

SMR siting work progresses in Canada and Czech Republic

The ceremony to mark the start of site preparations for the SMR at Darlington (Image: Doug Ford – Twitter) Site preparation is now under way for Canada’s first grid-scale small modular reactor (SMR) at Ontario Power Generation’s (OPG’s) Darlington site. Meanwhile, an initial geological survey has been completed for a proposed SMR at the Temelín …

Centrus Energy, DOE finalise HALEU contract

The first phase of the USD150 million contract will see demonstration production of high-assay low-enriched uranium (HALEU) at Piketon by the end of 2023. Centrus says it could scale up the facility to commercial production capacity, given sufficient funding. The contract signed by Centrus subsidiary American Centrifuge Operating LLC (ACO) and the US Department of …

Why Silicon Valley is so hot on nuclear energy and what it means for the industry

The Vogtle nuclear power plant is located in Burke County, near Waynesboro, Georgia in USA. Each of the two existing units have a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator, producing approximately 2,400 MW of electricity. Two Westinghouse made AP 1000 reactors are under construction here. Pallava Bagla | …

Manchin, Committee Advance Energy Nominees and Consider Pending Legislation

Today, the U.S. Senate Energy and Natural Resources Committee favorably reported three pending nominations to the U.S. Department of Energy (DOE): Mr. David Crane to be Under Secretary of Energy for Infrastructure, Mr. Jeffrey M. Marootian to be an Assistant Secretary of Energy for Energy Efficiency and Renewable Energy and Mr. Gene Rodrigues to be an …