The nuclear energy landscape in the United States is changing rapidly as demand for clean firm power rises and the nation strives to meet its climate goals. Thanks to the Bipartisan Infrastructure Law and Inflation Reduction Act, the domestic nuclear industry is leveraging federal funding, loan authority, and new tax incentives to extend reactor operations, …
Duane Arnold Energy Center The owner of the Duane Arnold nuclear power plant is weighing whether to bring the facility back online as more power hungry data centers are coming to eastern Iowa. The Duane Arnold Energy Center in Palo shut down four years ago with its owner, NextEra, saying it wasn’t economically viable anymore. …
Westinghouse President and CEO Patrick Fragman visited Poland last week and the site of the country’s first nuclear power plant to see the progress of preliminary work along the Baltic Sea. He also met with Polish President Andrzej Duda, U.S. Ambassador Mark Brzezinski and many other leaders on the heels of the government’s new commitment …
The Philippines aims to have its first nuclear power plant by 2032, joining Asian counterparts in turning to the emissions-free power source for its booming electricity needs. The government will prioritize legislation focused on nuclear safety, and ensure that legal and regulatory frameworks are in place to safeguard public health, environmental protection and national security, …
China General Nuclear Power Group is a world-leading clean energy supplier and service provider. In the three decades since its founding, CGN has produced over 2,900 TWh of clean energy power, making a significant contribution to China’s progress toward carbon neutrality. In the nuclear power sector, CGN showcases robust capabilities. Currently, CGN operates 28 nuclear …
Google’s top executive confirmed the company is working on large-scale data centers that would use more than 1 GW of power. Sundar Pichai, CEO of Google and Alphabet, in a speech last week at Carnegie Mellon University in Pittsburgh said small modular nuclear reactors (SMRs) could possibly be used to generate the needed electricity. Pichai …
Poland is financing the construction of its first nuclear power plant with an allocation of 60 billion zloty, strengthening its energy independence and creating major economic opportunities. The Polish government’s decision to invest 60 billion zloty in the construction of its first nuclear power plant marks a decisive milestone in the country’s energy strategy. The project is …
The first large-scale nuclear power plant in the world began operating in Shippingport, Pennsylvania, on December 2, 1957—15 years after Enrico Fermi demonstrated the first sustained nuclear reaction. The Duquesne Light Company of Pittsburgh built and operated the Shippingport Atomic Power Station on a site it owned on the Ohio River until the power plant …
A group of the world’s biggest banks said Monday they will increase support for the expansion of nuclear power, according to the Financial Times. The banks, including Barclay’s, Bank of America, Citi, Morgan Stanley, BNP Paribas, and Goldman Sachs will make the formal announcement later Monday at an event with White House climate policy advisor John …
The industry associations representing the global nuclear industry are calling on multilateral development banks, such as the World Bank, to include nuclear energy in their investment portfolios as part of efforts to accelerate the deployment of new nuclear projects to help address the climate crisis. In a communiqué issued to mark the Government-Industry ‘Roadmaps to …
