First Turbine Module Delivered for Turkish Nuclear Plant
The post First Turbine Module Delivered for Turkish Nuclear Plant appeared first on POWER Magazine.
Turkey’s first nuclear power plant reached a milestone with delivery of the first steam turbine module for the project, four months ahead of schedule.
GE Steam Power, which is supplying all the major equipment for the plant’s four turbine islands, on Jan. 12 announced it had delivered the module to Atomenergomash, an engineering company and the nuclear power division of Rosatom, Russia’s state-owned nuclear power company.
The Akkuyu nuclear power plant (NPP) is located in Büyükeceli, Mersin Province, in Turkey. The first unit of the $ 20 billion, 4.8-GW project is planned to come online in 2023. Akkuyu will feature four, 1.2-GW VVER (water-water energetic reactor) units from Rosatom; all four reactors are planned to enter service by year-end 2026.
Arabelle Steam Turbine
Each Arabelle steam turbine that will be used in the Akkuyu project includes three modules: the high pressure/intermediate pressure (HIP) module, and two low-pressure modules.…
U.S. Job Openings Declined by Less Than Forecast in November – Bloomberg
- U.S. Job Openings Declined by Less Than Forecast in November Bloomberg
- Job openings down in most industries, while layoffs spike WJTV
- Hospitality industry sees drop in job openings and surge in separations as shutdowns take hold CNBC
- U.S. job openings fall in November; layoffs rise Reuters
- View Full Coverage on Google News
Final DOE Advanced Reactor Demonstration Awards Announced
The post Final DOE Advanced Reactor Demonstration Awards Announced appeared first on POWER Magazine.
Wrapping up an eventful year for advanced nuclear, the Department of Energy’s (DOE’s) Office of Nuclear Energy announced $ 20 million in awards for the third of three pathways under its Advanced Reactor Demonstration Program (ARDP).
The ARDP program, which the DOE officially launched on May 14, will leverage Congressionally appropriated funding to enable actual construction of advanced nuclear reactors over the near-term and mid-term under three pathways. Congress has appropriated $ 250 million for ARDP in Fiscal Year 2021; a total of $ 230 million was appropriated for Fiscal Year 2020 to initiate the program.
In October 2020, the DOE picked TerraPower and X-energy to each receive $ 80 million in initial federal funding to build their two distinct advanced nuclear reactors and begin operating them within seven years. As POWER has reported, both companies are looking at siting their advanced nuclear demonstrations in Washington state. …
This Could Be the Best Year on Record for Job Growth – The Wall Street Journal
This Could Be the Best Year on Record for Job Growth The Wall Street Journal
“job” – Google News…
The POWER Interview: Evaluating Energy Investments
The post The POWER Interview: Evaluating Energy Investments appeared first on POWER Magazine.
Global upheaval in energy markets has been exacerbated by the coronavirus pandemic, and by ever-changing political winds, with energy investors at times torn between finding the best returns while also considering the impact of climate change.
Many economies depend on fossil fuels, so moves away from coal-fired power and other forms of thermal generation can have large economic consequences. There also have been concerns about maintaining reliable—and resilient—supplies of electricity as baseload power sources are shuttered and retired. Governments setting carbon-neutral and other climate goals must consider the importance of providing reliable power to national, state and provincial, and local regions, while minimizing economic impacts.
Several analysts who have spoken to POWER in the past year have discussed the balancing act facing investors, including many of the world’s largest banks and financial institutions, when it comes to performing fiduciary duties for their clients while at the same time pursuing environmental, social, and governance (ESG) strategies.…