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Oklo has moved to acquire Atomic Alchemy, a U.S. firm specializing in high-value radioisotopes, in a $ 25 million all-stock transaction. The acquisition will add radioisotope production capabilities to Oklo’s advanced […]
The post Oklo’s $ 25M Move into Radioisotope Production to Expand Advanced Nuclear Revenue Stream appeared first on POWER Magazine.
Vistra is pursuing deals with data center developers in Texas and the PJM region to address the industry’s energy needs at multiple sites, executives revealed during the company’s third-quarter earnings […]
The post Vistra in Talks to Expand Power for Data Centers Through Nuclear, Gas Options appeared first on POWER Magazine.
The Federal Energy Regulatory Commission (FERC) has rejected an amended interconnection agreement that would have supported expanded co-located load at an Amazon Web Services (AWS) data center connected to the […]
The post FERC Blocks PJM Proposal to Expand Amazon Data Center Load at Susquehanna Nuclear Plant appeared first on POWER Magazine.
In late April 2022, the Energy Information Administration (EIA) reported that generation from renewable resources totaled 795 million MWh in the US in 2021, surpassing nuclear generation, which totaled 778 (visual below). Renewable generation also exceeded coal in April. It is another significant milestone for renewables. Moreover, all indications suggest that the former will continue to..
Energy Central…
The post UK Group Wants to Expand Largest Tidal Energy Project appeared first on POWER Magazine.
A UK-based energy company said it is talking with government officials about securing financial support for an expansion of the world’s largest tidal energy project.
SIMEC Atlantis Energy (SAE) on April 7 said it wants to move forward with a further rollout of “tidal stream technology” at the company’s MeyGen project in the Pentland Firth, a strait off the northern coast of Scotland considered to have some of the UK’s fastest-flowing waters. SAE, headquartered in Edinburgh, in an operational update of the project published Wednesday said it expects that an expansion of the existing installation “will unlock significant international opportunity for further projects and continue the reduction in the levelized cost of energy from tidal generation towards that of more established forms of renewable generation.”
The MeyGen project was profiled in the September 2018 issue of POWER.
SAE officials said the British government has indicated it will announce support mechanisms for MeyGen this summer, including an auction round for investment prior to the end of the year.…
Exelon could begin construction as soon as next week on an expansion of its 135-MW West Medway oil-fired peaking plant in West Medway, Massachusetts. The company’s plan to add two units and 200 MW of generation to the existing three-unit facility was deliberated for 29 months by state and local officials before a state board approved the expansion August 4.
The expansion includes the installation of two GE LMS100 dual-fuel turbines, operating primarily on natural gas but also using ultra-low-sulfur diesel as backup for a maximum 30 days a year. The company’s website says the new units could start up and be online in about 10 minutes. Exelon in its reports on the project says the gas-fired generation will reduce CO2 emissions by 40% when it displaces generation from the three older units.
The construction, which will include two 160-foot emission stacks, along with a 50-foot sound barrier to minimize noise, reportedly is expected to take 14 months to complete.…