The U.S. produced 21,000 pounds of uranium concentrate last year, which is less than one percent of the 2014 production of 4.9 million pounds, the highest since 2000, according to a July 26 report from the U.S. Energy Information Administration. Uranium is the fuel that is widely used by nuclear power plants for nuclear fission…....
The Nuclear Regulatory Commission on July 13 released its final environmental impact statement in support of Holtec International’s application to build and operate a consolidated interim spent nuclear fuel storage facility in New Mexico. The commission staff has recommended the license based on the environmental impact review, subject to a safety review of the application…....
U.S. primary energy consumption, which includes energy from fossil fuels, renewables, and nuclear, increased by 4 quadrillion British Thermal Unit (quads) in 2021 as compared to 2020, according to a July 1 report from the U.S. Energy Information Administration. Fossil fuels namely, petroleum, natural gas, and coal, represent approximately 76.6 quads out of the total…...
PJM Interconnection LLC’s capacity auction for the 2023/2024 delivery year cleared at $34.13 per megawatt-day, which is nearly 32 percent lower compared to the 2021 auction, according to the grid operator’s June 21 news release. The auction procured adequate resources to meet energy needs in PJM’s service area, which covers all or part of the…
The U.S. Energy Department’s Loan Program Office issued a request for information on June 1 to update and improve its Title XVII Innovative Technologies Loan Guarantee Program intended to support early commercial use of advanced technologies. The agency seeks feedback from various stakeholders including developers, investors, government agencies, academia, and impacted communities. The input will…...
The U.S. Energy Department’s $6 billion nuclear credit program, the pursuit for carbon-free generation to meet climate goals, and technological advancements are reigniting support for nuclear power. The global impact of Russia’s war on Ukraine has also escalated the importance of national security considerations in energy policies including a discussion about the role of nuclear power.
The swift advancement of sophisticated cyber threats alongside the increase in advanced energy system control technologies has called for stronger measures to secure critical infrastructure and energy sector resilience.
The U.S. Energy Department on April 19 announced that it will seek applications and sealed bids for the $6 billion Civil Nuclear Credit, or CNC, Program to keep the existing U.S. nuclear fleet running. The guidance provides information for owners or operators of nuclear power reactors that might have to close prematurely due to economic…...
U.S. Senate lawmakers introduced legislation on April 8 to create an Executive Office for Nuclear Policy. The bill, titled “International Nuclear Energy Act of 2022,” aims to develop a nuclear export strategy to counteract the growing influence of China and Russia on global nuclear energy development. The bill, introduced by Chairman of the Senate Energy…...
In 2021, nuclear electricity generation in the U.S. declined for the second straight year, according to a report published by the Energy Information Administration on Apr 8. A total of 778 million megawatt-hours was produced by U.S. nuclear power plants in 2021, which is 1.5 percent less than the previous year. Across all sectors, nuclear…...
U.S. power generation from renewables will expand from 21 percent in 2021 to 44 percent in 2050, according to a March 18 report from the U.S. Energy Information Administration. The growth in renewable energy can be attributed to a rise in new wind and solar power generation assets. Growth in wind and solar assets is…...