Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which […]
The post Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge appeared first on POWER Magazine.
A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose […]
The post Bill Gates’ Energy Group, Former Google CEO Investing in Pacific Fusion Startup appeared first on POWER Magazine.
Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate […]
The post A Breakdown of Cuba’s Grid Collapse and Recovery Efforts appeared first on POWER Magazine.
A California-based technology group has joined a global independent investment firm in an equity partnership that supports lease and power purchase agreements in the residential renewable energy sector. GoodLeap, headquartered […]
The post Equity Partnership Acquiring $1.5 Billion of Residential Solar, Storage Products appeared first on POWER Magazine.
Microreactors are a class of very small modular reactors targeted for non-conventional nuclear markets. The U.S. Department of Energy (DOE) supports a variety of advanced reactor designs, including gas, liquid-metal, […]
The post What Are Microreactors and How Soon Could We See One in Operation appeared first on POWER Magazine.
The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched […]
The post DOE Selects Four Companies to Boost U.S. HALEU Enrichment for Advanced Nuclear appeared first on POWER Magazine.
A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light […]
The post DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects appeared first on POWER Magazine.
The power generation sector is looking at numerous ways to provide enough electricity to satisfy demand from data centers. Bloomberg Intelligence recently said its research shows data centers, buildings filled […]
The post Power Demand from Data Centers Keeping Coal-Fired Plants Online appeared first on POWER Magazine.
In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small […]
The post Amazon Backs Massive Nuclear SMR Deployment: 5 GW with X-Energy, Agreements With Energy Northwest, Dominion appeared first on POWER Magazine.
Micro-modular nuclear plant developer Last Energy has unveiled plans to deploy four 20-MWe pressurized water reactor (PWR) power plants at the site of a former coal-fired power plant in South […]
The post Last Energy to Repurpose Welsh Coal Plant Site with 80-MW Micro-Nuclear Fleet appeared first on POWER Magazine.
