Nuclear
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Constellation Energy is looking at squeezing more megawatts out of existing reactors, extending their operational lives and building new generation beside existing facilities.
Elena Dider, CC BY-SA 4.0, via Wikimedia Commons
A new report warns that small modular nuclear reactors are not the energy panacea that their proponents have described.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
PSEG is looking to use excess capacity at its three South Jersey nuclear generators to provide clean energy for data centers and AI development projects, CEO Ralph LaRossa said in the company’s first-quarter earnings call.
BloombergNEF
Global investment in passenger electric vehicles was up 36% in 2023, investment in energy storage jumped 77%, and investment in carbon capture and storage nearly doubled.
PSEG
New Jersey's Energy Master Plan says nuclear plants will need to be “retained past current licenses” and predicts that in 2050 nuclear plants will produce 16% of the state’s electricity.
Resources for the Future
Many recent projections for energy use have fossil fuel use plateauing after 2030, when it needs to rapidly decline to meet midcentury carbon targets, Resources for the Future said.
Holtec International
Michigan’s 800-MW Palisades nuclear power plant could become the first nuclear plant in the U.S. to be restarted, helped by a $1.52 billion loan from DOE’s Loan Programs Office.
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The U.S. Department of Energy announced $6 billion in funding for 33 projects that are meant to help decarbonize difficult-to-abate, energy-intensive industries.
NERC
The Washington Post’s warning that “America is running out of power” lacks context and distracts us from the real work at hand, says columnist Steve Huntoon.
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Pennsylvania Gov. Josh Shapiro announced a new state energy plan he says will ramp up renewable production and save ratepayers $252 million while generating $5.1 billion in clean energy investments.
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