Advanced nuclear development projects have made some significant steps during 2017. I met – via Skype – with representatives of three of the projects yesterday. Several more were invited, but were busy doing business even on a Sunday evening. The three who were able to attend were Seth Grae, the CEO of Lightbridge (NASDAQ: LTBR), […]
New Nuclear
Who will be ThorCon’s EPC contractor?
By Jack Devanney Engineering, procurement, and construction (EPC) contractors have led recent nuclear plant projects into disasters. Deca-billion dollar cost overruns. Schedules doubling. Some projects being cancelled after squandering billions of dollars. Giant corporations facing bankruptcy. This raises the obvious question: if Westinghouse can’t build a standard nuclear power plant, how in the world will a start up like ThorCon […]
Can Gas Turbines Using Nuclear Fuel Change The Energy Game?
Disclosure: Rod Adams founded the now defunct Adams Atomic Engines, Inc. His company developed nuclear gas turbines from 1993-2010. It is a modern day truism that natural gas power plants are cheap while nuclear power plants are expensive. Natural gas plants can also be built in a variety of sizes by a larger number of suppliers […]
Is V.C. Summer really dead or is near term revival possible?
Several leaders in the South Carolina government are actively searching for ways to revive the V. C. Summer expansion project. The project includes construction of two Westinghouse AP1000 power plants capable of producing 1,140 MWe each. That is enough new nuclear capacity to enable the state to idle or close almost all of its coal-fired […]
House Science, Space And Technology Gets Sage Advice From Energy Innovators
The witnesses testifying at Tuesday’s hearing on Energy Innovation in front of the House Committee on Science, Space & Technology provided forceful and specific examples of the important role that the Department of Energy has played in supporting commercially valuable research and development. They shared their thoughts about ways to improve outcomes, streamline processes, and […]
South Korea’s President-Elect Pledges ‘Nuclear Zero’ by 2060. Actions Have Already Begun
Nuclear energy in the Republic of Korea is being threatened as a result of the May 9 presidential election of Moon Jae-in. Since at least 2012, when he suffered a narrow election defeat, Moon has advocated a halt to nuclear plant construction, prohibiting license extensions and achieving a “nuclear zero” policy by 2060. With the […]
Emirates Nuclear Announces Construction Completion And Operational Delay For First Nuclear Unit
Emirates Nuclear Energy Corporation (ENEC) confirmed last week that it had completed construction for its first of four large nuclear units. It also announced that the initial operation of the plant will be delayed until sometime in 2018 to allow sufficient time to gain more operational experience and obtain national and international readiness reviews. After […]
GA Power And Westinghouse Extend Temp Vogtle Nuclear Plant Construction Agreement Through May 12
Late Friday evening, Georgia Power issued a terse press release. Thousands of people who have been tensely anticipating a crucial decision regarding the fate of the Plant Vogtle expansion project cannot stop worrying yet. We will now mark our calendars for May 12 as the next deadline for announcing a decision about whether the massive project will be continued […]
What Does Westinghouse Bankruptcy Mean To Nuclear Energy Innovators?
Attendees at the 7th Annual International SMR and Advanced Reactor Summit in Atlanta, GA were intensely curious about the effect of Westinghouse’s decision to enter into a Chapter 11 bankruptcy reorganization effort. They are also working hard to learn whatever lessons might be available to help them avoid similar situations. What About That Westinghouse News? […]
New Nuclear: North Anna Unit 3 Should Be Approved Before The End Of May
Dominion Resources’s North Anna nuclear power station unit number 3 should be approved for construction by the end of May 2017. It’s possible that the approval – in the form of a Nuclear Regulatory Commission (NRC) 10 CFR Part 52 combined license (COL) – could be issued within the next three weeks. This would be […]
NRC accepted NuScale’s DCA. Will it complete its review on time? Estimated completion July 2020
Yesterday, the Nuclear Regulatory Commission accepted NuScale’s 12,000 page design certification application (DCA). That action starts the safety determination process, which is scheduled to take 40 months. Completed on December 31, 2016 and submitted to the NRC on January 12, 2017, NuScale’s certification application has been subjected to a 60 day checklist review designed to […]
Toshiba Announces $6.3 B Writedown On A $229 M Construction Company Acquisition
Toshiba’s chairman, Shigenori Shiga, has accepted the responsibility for his company’s financial challenges and operating losses and resigned his position as chairman and as a board member. He remains an executive with the company. After some early confusion related to a discussion about its financial statements with its auditors, Toshiba has announced that it will […]
