Nuclear

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Billions Flow to US Nuclear Sector With Payoff Still Years Away

Conventional Energy, Latest, Nuclear, US News / By

Washington’s $80 billion investment in nuclear reactors won’t yield carbon-free power anytime soon. By Will Wade The control room at the Three Mile Island nuclear power plant in Middletown, Pennsylvania. Photographer: Michelle Gustafson/Bloomberg After a generation of stagnation, interest in US nuclear energy is sky high, thanks to artificial intelligence’s voracious energy needs. Nuclear companies …

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US Energy Secretary Says Biggest Use of Loan Office Will Be For Nuclear Power Plants

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WASHINGTON, Nov 10 (Reuters) – U.S. Energy Secretary Chris Wright said on Monday the biggest use of the Department of Energy’s Loan Programs Office will be for nuclear power plants. The LPO has hundreds of billions of dollars in financing aid, including loan guarantees for projects that struggle to get bank loans. During President Donald …

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Trump’s Big Nuclear Reactor Push Raises Safety Concerns

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Summary Deal offers US government potential 20% stake in Westinghouse Safety advocates warn of risks due to financial incentives Experts question workforce capacity for rapid reactor construction Oct 31 (Reuters) – A huge nuclear deal announced by the Trump administration earlier this week provides a multi-billion-dollar incentive for the U.S. government to issue permits and approvals for …

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Google to Buy Power From NextEra Nuclear Plant Being Revived

Artificial Inteligence, Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Nuclear, US News / By

By Josh Saul and Will Wade NextEra Energy Inc. plans to restart a nuclear power plant in Iowa, primarily to supply Google data centers. The Duane Arnold Energy Center is expected to start delivering power by 2029 following agreements with Google, according to a statement Monday. The 615-megawatt plant shut down in 2020, well before …

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Bill Gates Says China Is Outspending the World on Nuclear Power

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China is emerging as a fierce competitor to the US in the race to build small modular reactors and fusion that can help power data centers. By Coco Liu In the race to develop the next generation of nuclear reactors, China is increasingly challenging the US and other countries for dominance, according to tech billionaire …

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Cameco, Brookfield Involved in $80 Billion U.S. Nuclear Reactor Deal

Artificial Inteligence, Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Nuclear, US News / By

U.S. power consumption from data centres is set to double by 2035 By Rachel Morison The U.S. government agreed a US$80 billion deal with Westinghouse Electric Co. to build nuclear reactors, the latest push to meet rising demand for electricity from artificial intelligence. The strategic partnership — which also involves Brookfield Asset Management and Canadian …

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US to Announce Recipients of Plutonium for Reactors by Year-End

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By Timothy Gardner US plans to make weapons-grade plutonium available US expects to begin saying who gets material by Dec. 31 Nuclear safety experts concerned about proliferation Previous US plutonium MOX fuel effort failed WASHINGTON, Oct 22 (Reuters) – The U.S. Department of Energy expects to begin announcing by December 31 which companies will take …

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Nuclear Power at Heart of New Japan PM’s Energy Policy

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Japan’s new prime minister Sanae Takaichi is expected to push for the accelerated revival of nuclear power to tackle inflation, a source of public discontent, with reactor restarts key to reducing costly fuel imports. Takaichi has appointed Ryosei Akazawa, who was Japan’s point person in its recent tariff deal with the U.S., as trade and …

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Texas Oil Men Catch the Buzz About New Nuclear Technology

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Nuclear, Small Modular Reactors, US News / By

There’s a rush toward small next-generation reactors as a way to satisfy booming power demand. By Will Wade Country music was playing during lunch as conference attendees wearing cowboy boots talked energy. But the chatter wasn’t about oil — all the buzz was for “electrons.” This year’s Texas Nuclear Summit in Austin experienced a jump …

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JPMorgan Says US Risks Missing Energy Goals Without Wind, Solar

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

By Alastair Marsh and Will Mathis The US will struggle to generate the energy it needs to power growth in its tech industry without including wind and solar, according to JPMorgan Chase & Co.’s global head of sustainable solutions. “It’s difficult to conceive of a situation in which they won’t need to tap into those …

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