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(Reuters) – The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec’s Palisades nuclear plant in Michigan, and a senior Biden administration official said it could take two years to reopen the plant, which is longer than the company predicted. President Joe Biden’s administration has called for a tripling of U.S. …
U.S. Closes $1.52 Billion Loan to Resurrect Michigan Nuclear Plant Read More »
(Reuters) – Russia will pursue its own climate-related goals and put forward proposals on tackling global warming as an alternative to the agenda promoted by the West, Deputy Energy Minister Pavel Sorokin said on Friday. His comments could be a precursor for potential clashes at the COP29 U.N. climate summit, which is due to take …
Russia Seeks to Counter West’s Climate Agenda with Gas, Nuclear Power Read More »
It’s become clear there’s not enough low-carbon energy to satisfy data centers’ needs, and natural gas will be key. It’s Climate Week in New York, and dominating the conversation has been the apparently insatiable appetite of artificial intelligence for power. The subject has been much in the news. Just last week, we learned that the infamous Three Mile …
Summary Resurrecting Three Mile Island could take awhile Local opponents hold memories of 1979 incident NRC busy with nuclear power permit requests NEW YORK/WASHINGTON Sept 24 (Reuters) – Constellation Energy and Microsoft plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick source of enough climate-friendly energy to power rapidly …
Not So Fast: U.S. Nuclear Plants Won’t Power up Big Tech’s AI Ambitions Right Away Read More »
Three Mile Island power plant in Middletown, Pennsylvania in 2019.Photographer: Andrew Caballero-Reynolds/AFP/Getty Images The owner of the shuttered Three Mile Island nuclear plant in Pennsylvania will invest $1.6 billion to revive it, agreeing to sell all the output to Microsoft Corp. as the tech titan seeks carbon-free electricity for data centers to power the artificial intelligence …
Microsoft’s AI Power Needs Prompt Revival of Three Mile Island Nuclear Plant Read More »
(Reuters) – Fossil fuels continue to rule the roost in the United States’ power sector, despite clean energy sources being rolled out at the fastest pace in history. For the past decade, U.S. power generators have prioritized clean power sources over fossil fuels, and since 2014 they have lifted clean electricity generation capacity by over …
High Fossil Fuel Use Highlights U.S. Power Transition Challenge Read More »
(Reuters) – The U.S. Senate on Tuesday passed a bill to accelerate the deployment of nuclear energy capacity, including by speeding permitting and creating new incentives for advanced nuclear reactor technologies. Expanding nuclear power has broad bipartisan support, with Democrats seeing it as critical to decarbonizing the power sector to fight climate change and Republicans …
U.S. Senate Passes Bill to Support Advanced Nuclear Energy Deployment Read More »
Bill Gates said he’s prepared to plow billions of dollars into a next-generation nuclear power plant project in Wyoming to meet growing US electricity needs. TerraPower LLC, a startup founded by Gates, broke ground for construction of its first commercial reactor last week in Wyoming, where a coal plant is shutting down, the billionaire co-founder …
Bill Gates Says He’s Ready to Put Billions Into Nuclear Power Read More »
LONDON, June 6 (Reuters) – Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going into fossil fuels, an International Energy Agency report showed. Total energy investment is expected to exceed $3 trillion for the first time in 2024, the IEA said in its annual …
IEA Expects Global Clean Energy Investment to Hit $2 trillion in 2024 Read More »
(Reuters) – The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions electricity, or add reactors to existing sites, Energy Secretary Jennifer Granholm said in an interview. The administration of President Joe Biden believes nuclear power is critical to meeting greenhouse gas reduction goals and …
U.S. May Revive Some Shut Nuclear Plants to Help Meet Emissions Goal, Energy Chief Says Read More »
