Annual Energy Outlook 2021

Corporate Goal Case, Annual Energy Outlook 2021 Issues in Focus Executive Summary This paper compares the Reference case in our Annual Energy Outlook 2021 (AEO2021) to a Corporate Goal case that models announced utility plans in addition to current laws and regulations as of October 2020. In 2050, carbon dioxide (CO2) emissions across the entire U.S. energy system are …

TVA Reports First Quarter Fiscal Year 2022 Financial Results

Key Points – TVA’s power sales were relatively flat for the quarter, primarily driven by economic growth offset by milder than normal weather. TVA’s diversified power system – 59% of which came from nuclear, hydroelectric and renewables in the first quarter – helped maintain low rates even with higher fuel costs. TVA’s customers continue to …

China Starts Up First Fourth-Generation Nuclear Reactor

The first of two units at China’s much-watched high-temperature gas-cooled modular pebble bed (HTR-PM) demonstration project was successfully connected to the grid on Dec. 20. The achievement marks a major milestone for fourth-generation advanced nuclear technology. Decades of Development Grid-connection of Unit 1 at the “national project” at the Shidao Bay site (Figure 2) in …

West Virginia lawmakers vote to repeal ban on nuclear power production

West Virginia lawmakers have lifted a longstanding ban on nuclear energy production. The House of Delegates voted 76-18 today, with eight absences, to lift the ban. Senators already had voted to do away with the ban. House Government Organization Chairman Brandon Steele acknowledged that many discussions remain about the complications of nuclear energy, including safety provisions, transportation, taxation and …

Argentina ready to resume discussion of NPP construction project with Russia — President

Alberto Fernandez said that many infrastructure projects, including hydropower plants and nuclear power plants, were waiting for this agreement because they required foreign financing BUENOS AIRES, January 28. /TASS/. The Argentinian leadership is ready to resume negotiations on the possibility of building a nuclear power plant (NPP) with the participation of Russia, after the South …

Wyoming’s power play: Nuclear project could be the catalyst for economic diversification

Last summer’s bombshell announcement that Wyoming will be home to a first-of-its-kind nuclear demonstration project has energized the Cowboy State’s efforts to wean itself from dependence on fossil fuels. Best known for its abundant, high-quality and affordable coal reserves, Wyoming has been almost desperately seeking other economic drivers to diversify an economy that’s shrinking faster …

Le Pen’s climate programme: pro-nuclear and pro-hydrogen, but anti-wind

Three months before the French presidential election, far-right candidate Marine Le Pen’s Rassemblement National presented its ‘economically viable’ climate policy project, which aims to be pro-nuclear and pro-hydrogen, but anti-wind. EURACTIV France reports. Le Pen’s spokesperson, MEP Nicolas Bay, presented Le Pen’s climate and energy programme on Tuesday (25 January), insisting on the idea of “a …

EU Commissioner rules out big changes to green finance proposal

The European Commission will not make any fundamental revisions to proposals that classify nuclear power and gas as sustainable, Financial Markets Commissioner Mairead McGuinness said on Wednesday, despite objections from some European Union states. The Commission included gas and nuclear investments in a draft of its “sustainable finance taxonomy” rules circulated on Dec. 31, as …

Japan’s Mitsubishi, energy body join Gates’ nuclear project

A logo of Mitsubishi Corporation, the parent company of Mitsubishi Heavy Industries, is displayed on a sign outside its headquarters in Tokyo, Nov. 26, 2021. Mitsubishi Heavy Industries and the Japan Atomic Energy Agency have signed an agreement to participate in a next-generation nuclear energy project with TerraPower, a company started by Bill Gates. Mitsubishi …