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Category: Industry News

U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear

August 11, 2022
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A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years.

The nuclear industry group’s survey, unveiled on July 29, sought to gather input from chief nuclear officers at 19 utility members that already have nuclear as part of their energy generation mix on the role new nuclear could play to reach decarbonization goals.

The results indicate significant demand for new nuclear, the trade group told POWER. Planning for 300 SMRs translates to about 731.3 TWh of power. However, while that figure would effectively double U.S. nuclear energy output today, it may even be a “conservative estimate,” it noted. The 19 NEI member utilities surveyed represent less than half of the total electricity generation in the U.S., and the survey does not include utilities with no nuclear generation, like Utah Associated Municipal Power Systems (UAMPS) and PacifiCorp, which have already announced plans to build new nuclear, NEI said.…

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Chicago Announces Plan to Power City with 100% Renewable Energy

August 9, 2022
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Chicago’s public buildings could all be powered by renewable energy under a plan announced by Mayor Lori Lightfoot on Aug. 8.

The mayor, along with Illinois Gov JB Pritzker, on Monday said the city has an agreement with Chicago utility Constellation Energy, along with Massachusetts-based Swift Current Energy, a renewable energy developer. The two spoke at a news conference at the Chicago Urban League. The deal would make Chicago one of the world’s largest cities to commit to using 100% renewable energy.

“I am incredibly proud to advance this commitment to transitioning all city operations to 100% renewable energy by 2025,” Lightfoot said. “The signing of this agreement demonstrates that the City of Chicago is leading by example and driving high-impact climate action, building the clean energy workforce of the future and equitably distributing meaningful benefits to foster the local clean energy economy for all.”

Climate Action Plan

Construction of projects related to the plan is set to begin by year-end.…

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IAEA: Shelling at Zaporizhzhya Nuclear Plant Raises ‘Real Risk’ of Nuclear Disaster

August 7, 2022
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The International Atomic Energy Agency (IAEA) is growing increasingly alarmed by military action at Ukraine’s Zaporizhzhya nuclear plant, warning that artillery shelling at the plant site on Aug. 5 underlines a “very real risk of a nuclear disaster.”

IAEA Director General Rafael Mariano Grossi in a statement on Aug. 6 said new information about the Russian-Ukraine conflict at the site poses a “serious situation.” The information suggests that while there has been no damage to the 6-GW Zaporizhzhya nuclear plant’s six reactors and no radiological release, “there is damage elsewhere on the site,” he said.

Military action at Zaporizhzhya—Europe’s largest nuclear power plant—has ramped up in recent days. Russia occupied the plant, which is located in the southern part of Ukraine, in March—relatively early in its occupation of Ukraine. The nuclear plant continues to be operated by Energoatom, Ukraine’s state-owned entity. All 15 of Ukraine’s nuclear reactors are pressurized water reactors of Russian VVER design and are located at four plant sites.…

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Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030

August 5, 2022
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The Environmental Protection Agency (EPA) is readying a regulatory sweep targeting more stringent limits on traditional pollutants that could accelerate coal power plant closures. A coal trade group estimates that even without new rules, 86 GW of coal generation is slated to retire by 2030.

While the U.S. Supreme Court in June curtailed the EPA’s ability to regulate carbon emissions from existing power plants, the EPA is working on other rules in “an integrated and coordinated approach” that will allow the agency to tackle “threats” posed by power plants to clean air, safe water, and healthy land, EPA Administrator Michael Regan has said.

The EPA chief recently told Reuters the agency remains undeterred by the Supreme Court’s constraints. “We want to present the industry with a suite of regulations so that they can make the best long-term investments possible,” the news agency quoted Regan as saying on July 29. “The power sector will … look at the cost benefit of complying with those and more than likely stay with the conclusion that … clean energy is more cost effective for them and for their customers,” he reportedly said.…

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Rosatom Picks New EPC Lead for Turkey’s First Nuclear Power Plant

August 1, 2022
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A new contractor has been named to finish construction of Turkey’s first nuclear power plant. Russia’s state-owned energy giant Rosatom on July 30 said it had chosen TSM Enerji, a company owned by three Russian groups and incorporated in Turkey, as the project’s new engineering, procurement, and construction lead.

The Turkish government has said it wants to begin operating the first of four reactors at the 4,800-MW Akkuyu facility next year.  “All works under current subcontracts will be transferred to TSM … similar new contracts will be signed between TSM and subcontractors,” Akkuyu Nuclear said in a statement on Saturday. The group did not say specifically why the previous EPC deal with IC Ictas, a Turkish company, had been ended.

IC Ictas on August 1 said it planned legal action against Rosatom’s move. Bloomberg News reported that IC Ictas said annulment of its contract was unlawful, and could result in a delay in the project. IC Ictas in a statement Monday said TSM Enerji, the new contractor, is a limited liability company that may not be able to complete the project.…

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Southern CEO Fanning Set to Step Down

July 30, 2022
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Longtime Southern Co. CEO Tom Fanning plans to announce his retirement, perhaps by the end of this year, stepping down after leading the company since 2010.

A Bloomberg report on July 29, citing “people familiar with the matter,” said the U.S. utility giant already has launched a search to find Fanning’s replacement. Bloomberg reported that a Southern Co. spokesperson said a decision has not been made with regard to the timing of Fanning’s exit.

Tom Fanning, CEO of Southern Co. since 2010, is preparing to announce his retirement. Source: Southern Co.

Fanning turned 65 in March of this year. Southern has a mandatory retirement age of 65 for its executives, though Bloomberg reported that the company has extended that age limit for Fanning as he oversees the continued construction of a two-unit expansion of the Vogtle nuclear power plant.

Fanning in a call with investors on July 28 said both of the new units at Vogtle should enter commercial operation in 2023, after years of delays and cost overruns for what energy analysts now say is $ 30 billion-plus project, more than double the expansion’s original cost estimates.…

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