Amid growing federal and state efforts to encourage advanced nuclear technologies to accomplish decarbonization goals, a recent announcement to terminate a first-of-a-kind small modular reactor (SMR) power project in the U.S. signifies…Read the full report …...
Amid growing federal and state efforts to encourage advanced nuclear technologies to accomplish decarbonization goals, a recent announcement to terminate a first-of-a-kind small modular reactor (SMR) power project in the U.S. signifies the hurdles facing the industry.
Even as the offshore wind industry is seeking to scale up, economic challenges cast shadow on future development. Inflation and supply chain disruptions have resulted in some major developers seeking to exit or revise their power purchase contracts. A recent announcement to cancel…Read the full report …...
Even as the offshore wind industry is seeking to scale up, economic challenges cast shadow on future development. Inflation and supply chain disruptions have resulted in some major developers seeking to exit or revise their power purchase contracts. A recent announcement to cancel two large projects off New Jersey has dealt a setback to the industry, reflecting the deepening financial challenges of the sector.
