Recognizing their desirable attributes and long-term potential to meet data center demands for power, several technology companies have announced their intention to team up with nuclear developers. At the same time, three companies with shuttered nuclear plants have notified the U.S. Nuclear Regulatory Commission of their plans to restart those facilities, which were closed for…
The U.S. Department of Energy (DOE) has reissued a $900 million funding opportunity to accelerate deployment of Generation III+ small modular reactors (SMRs), removing community benefit requirements and shifting the […] The post DOE Reissues $900M Nuclear SMR Opportunity, Scraps Community Criteria to Focus on Technical Merit appeared first on POWER Magazine.
The current fleet of nuclear reactors are based in huge imposing facilities generally located in isolated locations away from population centers. This need not be the case. In the near […] The post The Virtual Nuclear Reactor appeared first on POWER Magazine.
German multinational chemical company BASF has commissioned that country’s largest proton exchange membrane (PEM) electrolyzer. The company said the 54-MW facility will have an annual capacity of as much as 8,000 metric tons of hydrogen. The post BASF Commissions Electrolyzer for Major German Hydrogen Production Project appeared first on POWER Magazine.
You may have heard of the Tennessee Valley Authority (TVA), our nation’s largest public utility and source of cheap, clean, and reliable electricity for 10 million people. You may even […] The post America’s Nuclear Renaissance: How the TVA Can Lead Our Energy Future appeared first on POWER Magazine.
Advanced nuclear firm Oklo has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), marking a key regulatory milestone in the siting and environmental review of its first commercial […] The post Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027 appeared first on POWER Magazine.
A virtual power plant (VPP) is a network of decentralized, small- to medium-scale power generating units, flexible power consumers, and storage systems that are aggregated and operated as a single […] The post How Virtual Power Plants Enhance Grid Operations and Resilience appeared first on POWER Magazine.
The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the […] The post Trump Administration Backs $1.52B Loan for Palisades Nuclear Restart appeared first on POWER Magazine.
The SHINES project, or Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty, is underway, bringing together 14 partners from France, Ireland, Belgium, the Netherlands, Switzerland, and Germany. Co-financed by […] The post SHINES Project Will Harness Tidal, River Energy in European Region appeared first on POWER Magazine.
A coalition of large energy users—including Google, Amazon, Meta, Occidental, and Dow—have pledged their support for tripling global nuclear capacity by 2050. The cross-industry commitment, announced on the sidelines of […] The post Tech and Industry Giants Pledge to Triple Global Nuclear Power by 2050 appeared first on POWER Magazine.