Nuclear
DOE's commitment of $500 million in IRA dollars may not be enough. Building private sector confidence in the emerging HALEU market could require up to $2.9 billion more in additional federal funding.
NuScale Power is changing its focus from research and development to commercialization, with a resulting 28% reduction in its full-time workforce.
Hydrogen producers seeking tax credits will need to use new clean energy time-matched to demand, the Biden administration proposed.
The California PUC approved extending operations at the Diablo Canyon nuclear power plant through 2030.
Industrial decarbonization is lagging the effort in the power sector and transportation, and many companies are considering directly linking big industrial demand with clean energy.
Renewables pledge calls for ending investment in new coal-fired power plants, "which is incompatible with efforts to limit warning to 1.5°C.”
The Senate Energy and Natural Resources Committee on Thursday looked into the state of advanced nuclear reactors just weeks after NuScale Power and Utah Associated Municipal Power Systems terminated a once promising pilot project.
The bills codify many of the Michigan governor's climate goals, such as giving the Public Service Commission power to approve sites for new large-scale renewable energy projects and a 100 % clean energy goal of 2040
NuScale Power Corp. and Utah Associated Municipal Power Systems said Nov. 8 they had agreed to terminate the Carbon Free Power Project.
PSEG reported an uptick in earnings from last summer and detailed its plans to spend more stable income going forward on improving its infrastructure in a call with analysts.
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