Small Modular Reactors (SMRs)
Constellation Energy
The move comes two months after NYSERDA issued a draft blueprint for consideration of advanced nuclear technologies at a summit convened to discuss the state’s future energy economy.
DOE
The Biden administration wants to jumpstart a “nuclear deployment ecosystem” by getting 35 GW of new nuclear power online or under construction by 2035 and then build to a steady pace of deploying 15 GW per year in the U.S. and globally by 2040.
Duke Energy
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
Entergy Arkansas and Invenergy
Entergy said it can tackle industrial load growth with new solar, carbon capture technology at new and existing gas plants and by possibly bringing new nuclear capacity into the mix.
ISO-NE
Deep decarbonization of the New England grid will pose major challenges related to resource adequacy and market administration, ISO-NE concluded in the final report of its Economic Planning for the Clean Energy Transition study.
NextEra Energy
NextEra Energy reported deals for 3 GW of new renewables with its third quarter financials and said it has reached a framework agreement totaling 10.5 GW with two major corporations.
GE Vernova
GE Vernova reported its onshore wind business had its best quarter in three years but its performance was canceled out by problems in its offshore wind business.
Amazon
Amazon is stepping further into the nuclear energy market, reaching agreements with X-energy Reactor Co., Energy Northwest and Dominion Energy Virginia surrounding advanced reactor technology.
Kairos Power
Kairos Power and Google have reached a first-of-its-kind power purchase agreement involving several units of the small modular reactor Kairos is developing.
Georgia Power Company
Advanced nuclear is gaining momentum as part of federal, state and corporate energy strategies, and a new report lays out many of the potential use cases.
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