[Due to the increasing size of the archives, each topic page now contains only the prior 365 days of content. Access to older stories is now solely through the Monthly Archive pages or the site search function.]
NuScale Power submits industry-first certification application for small modular reactor to NRC
January 13, 2017
NuScale Power formally announced the submittal of a Design Certification Application (DCA) for their innovative small modular reactor (SMR) design (earlier post) to the Nuclear Regulatory Commission (NRC) for their review and approval. This is the first SMR DCA to be submitted to the NRC and marks a significant milestone for NuScale and the power generation industry.
NuScale’s application consisted of nearly 12,000 pages of technical information. The NRC is expected to take the next two months to determine if any additional information is required prior to commencing their review. Thereafter, the NRC has targeted completing the certification process within 40 months.
JISEA: nuclear-renewable hybrid energy systems can reduce GHG from industry, produce fuels and support the power system
December 09, 2016
Nuclear-renewable hybrid energy systems (N-R HESs) can enable low-carbon, on-demand electricity while providing reduced-emission thermal energy for industrial processes. N-R HES systems are managed by a single entity that link a nuclear reactor that generates heat, a thermal power cycle for heat-to-electricity conversion, at least one renewable energy source, and an industrial process that uses thermal and/or electrical energy.
However, the economic feasibility of these systems may depend on future natural gas prices, electricity market structures, and clean energy incentives. A series of new reports from the Joint Institute for Strategic Energy Analysis (JISEA) and Idaho National Laboratory (INL) examines various hybrid system configurations to provide a basis to identify opportunities for clean energy use and examine the most economically viable configurations.
PG&E to retire Diablo Canyon nuclear plant by 2025, replace with renewables and energy storage
June 21, 2016
PG&E announced a Joint Proposal with labor and leading environmental organizations that would increase investment in energy efficiency, renewables and storage beyond current state mandates while phasing out PG&E’s production of nuclear power in California by 2025 with the retirement of the Diablo Canyon nuclear power plant—California’s last operating nuclear power generation station.
Underpinning the agreement is the recognition that California’s new energy policies will significantly reduce the need for Diablo Canyon’s inflexible baseload electricity output. There are several contributing factors, including the increase of the Renewable Portfolio Standard to 50% by 2030; doubling of energy efficiency goals under SB 350; the challenge of managing overgeneration and intermittency conditions under a resource portfolio increasingly influenced by solar and wind production; the growth rate of distributed energy resources; and the potential increases in the departure of PG&E’s retail load customers to Community Choice Aggregation (CCA).
Opinion: Uranium Prices Set To Double By 2018
June 16, 2016
by James Stafford of Oilprice.com
With prices set to double by 2018, we’ve seen the bottom of the uranium market, and the negative sentiment that has followed this resource around despite strong fundamentals, is starting to change.
Billionaire investors sense it, and they’re always the first to anticipate change and take advantage of the rally before it becomes a reality. The turning point is where all the money is made, and there are plenty of indications that the uranium recovery is already underway.
DOE awarding >$82M to support nuclear energy research and development
June 15, 2016
The US Department of Energy (DOE) ia awarding more than $82 million to 93 projects that will help push innovative nuclear technologies toward commercialization and into the market. These awards provide funding for nuclear energy-related research through the Nuclear Energy University Program, Nuclear Science User Facilities, and Nuclear Energy Enabling Technology programs.
In addition to financial support, a number of recipients will receive technical and regulatory assistance through the Gateway for Accelerated Innovation in Nuclear (GAIN) initiative.