The Tennessee Valley Authority, which started up its Watts Bar 2 nuclear reactor last year, would like to add small modular reactors to its fleet and has submitted a permit to the Nuclear Regulatory Commission for the technology. TVA is almost at the halfway point of a 10-year plan to improve operations and finances.
Six bills related to South Carolina Electric & Gas' halted V.C. Summer nuclear power plant project have passed the state House Judiciary Committee and will head to the House floor in January. Among the bills are proposals to refund some money to customers and prevent SCE&G from continuing to charge ratepayers for the project.
Industry experts testified before UK's Parliament that leaving Euratom is complicated, risky and could cause the UK's nuclear trade to stop if a replacement isn't in place by March 2019. Euratom is a treaty separate from the EU, Clare Moody writes.
SCANA and Santee Cooper have until Dec. 31 to decide whether to maintain the partially constructed reactors and equipment at the V.C. Summer nuclear power plant in South Carolina in case they can find a buyer or abandon the site. There are tax implications at stake, and those are complicated by proposed tax changes at the federal level.
PJM Interconnection, a grid operator, has proposed a market reform plan in which coal and nuclear power plants are able to set energy prices. This change would need to be approved by the Federal Energy Regulatory Commission, which is also considering a Department of Energy proposal to reward nuclear and coal power for their reliability.
The Jordan Research and Training Reactor, Jordan's first nuclear reactor, was designed for nuclear industry research and training staff as the country works toward constructing nuclear reactors by 2025. "It will help cultivate a nuclear culture," said Samer Kahook, manager of the research reactor.
Toshiba, Westinghouse's parent company, is seeking to sell the nuclear reactor business to settle related guarantees against it. The $5.4 billion Toshiba hopes to raise through the sale and other actions would be used to reduce debt and avoid a stock delisting.
Nuclear energy was promoted at United Nations climate change negotiations in Bonn, Germany, but has encountered opposition among left-leaning groups and advocates, Amy Harder writes. Meanwhile, the US government should continue promoting nuclear energy, but not in conjunction with coal, argue Varun Sivaram and Madison Freeman.
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