Nuclear

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U.S. Senate Passes Bill to Support Advanced Nuclear Energy Deployment

Conventional Energy, Latest, Nuclear, US News / By

(Reuters) – The U.S. Senate on Tuesday passed a bill to accelerate the deployment of nuclear energy capacity, including by speeding permitting and creating new incentives for advanced nuclear reactor technologies. Expanding nuclear power has broad bipartisan support, with Democrats seeing it as critical to decarbonizing the power sector to fight climate change and Republicans …

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Bill Gates Says He’s Ready to Put Billions Into Nuclear Power

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Bill Gates said he’s prepared to plow billions of dollars into a next-generation nuclear power plant project in Wyoming to meet growing US electricity needs. TerraPower LLC, a startup founded by Gates, broke ground for construction of its first commercial reactor last week in Wyoming, where a coal plant is shutting down, the billionaire co-founder …

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IEA Expects Global Clean Energy Investment to Hit $2 trillion in 2024

Conventional Energy, Latest, Nuclear, Renewable Energy, Solar, US News, Wind / By

LONDON, June 6 (Reuters) – Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going into fossil fuels, an International Energy Agency report showed. Total energy investment is expected to exceed $3 trillion for the first time in 2024, the IEA said in its annual …

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U.S. May Revive Some Shut Nuclear Plants to Help Meet Emissions Goal, Energy Chief Says

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(Reuters) – The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions electricity, or add reactors to existing sites, Energy Secretary Jennifer Granholm said in an interview. The administration of President Joe Biden believes nuclear power is critical to meeting greenhouse gas reduction goals and …

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New Big Nuclear Reactors Get Support From Biden Administration

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White House forms panel to aid construction, prevent delays Construction of the power plants has been hit by cost overruns The White House is throwing its weight behind building large-scale nuclear reactors to help mitigate industry risk associated with the construction of power plants that can cost tens of billions of dollars. During a White …

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Unthinkable Revival of Nuclear Plants Is a Reality in U.S. Shift

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A month after the US offered $1.5 billion to restart one shuttered nuclear power plant, there’s a growing sense among officials in the industry and government that it may not be the last. “There are a couple of nuclear power plants that we probably should, and can, turn back on,” said Jigar Shah, director of the US Energy …

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U.S. Shale Drillers Seek to Power Oil Patch With Small Nuclear Reactors

Conventional Energy, Latest, Natural Gas, Nuclear, Oil, US News / By

Reactor company Oklo talking to drillers including Diamondback Nuclear power can reduce emissions from producing fossil fuels US oil companies including Diamondback Energy Inc. are considering small nuclear reactors to power drilling operations in Texas’s Permian Basin, a move aimed at cutting carbon emissions and ensuring reliable access to electricity. Diamondback, the largest independent producer headquartered in …

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Construction Shifts into High Gear on SMRs – ENERGYminute

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Courtesy of Interesting Engineering Not since Michael Scott said Webster’s defined a wedding as “the fusing of two hot metals with a hot torch” has welding been so exciting. What happened: The world of nuclear power is abuzz with excitement as UK-based Sheffield Forgemasters achieves a remarkable milestone: the welding of a full-size nuclear reactor vessel in just under 24 …

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Biden to Offer $1.5-billion Loan to Restart Michigan Nuclear Power Plant

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Funding will be offered as soon as next month to Holtec to restart its Palisades nuclear plant Bloomberg News Article content The Biden administration is poised to loan US$1.5 billion to restart a closed Michigan nuclear power plant, paving the way for a shuttered reactor to reopen in the U.S. for the first time. The funding, …

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