The U.S. Department of Energy (DOE) is soliciting proposals for cost-shared projects to develop industry-driven reactor designs and accompanying technologies with high potential to advance nuclear power.
Georgia Power's proportionate share of the payments is roughly $1.47 billion. Some $455 million in total scheduled payments from Toshiba under the parent guarantee for the Vogtle project, already has been paid to the project’s partners, Kallanish Energy learns.
The new chairman of the Federal Energy Regulatory Commission wants more time to act on a controversial Trump administration proposal to provide cost recovery to coal-fired and nuclear power plants, Kallanish Energy reports.
Staff at the Georgia Public Service Commission (PSC) believe the Plant Vogtle nuclear expansion project is too costly to finish – by $1.6 billion — unless regulators mandate Georgia Power and parent Southern Co. absorb some of the ever-growing costs.
Empire State Connector Corp. (ESC) on Monday announced the beginning of an open season to reserve space on its 265-mile, 1,000-megawatt (MW) underground/underwater, high voltage, direct current (HVDC) transmission line.
The French finance ministry is studying the restructuring of state-owned utility EDF, including spinning off its nuclear power generation operations into a standalone unit, sources familiar with the situation told Reuters.
Swedish utility Vattenfall has expanded the operation lifetime at two reactors at Ringhals nuclear power plant beyond the 2020s thanks to a safety upgrade investment worth 900 million Swedish kronas ($107 million).
SCANA Corp’s South Carolina Electric & Gas Co. (SCE&G) unit, under fire since it and state-owned partner Santee Cooper pulled the plug on the Summer nuclear project after spending $9 billion, on Thursday proposed reducing customer bills and adding non-nuclear power.
France’s utility group EDF said Tuesday its 2018 core earnings are expected to be negatively impacted as the company foresees several unfavourable developments next year, including longer-than-expected nuclear reactor maintenance outages.