Indiana legislators are considering multiple bills to promote small modular nuclear reactors, including a controversial provision that would let utilities charge ratepayers for projects that may never be built. Such allowances, referred to as “cost trackers,” are widely used by utilities to recover early-stage project costs as well as variable or unexpected expenses between rate cases, such … Continue reading “Indiana utilities want ratepayers to fork out for small nuclear reactors”
Written by Electric Vehicles Magazine
A Michigan nuclear plant is looking to make history not once but twice over: First by restarting a reactor shuttered in 2022 and second with newly solidified plans to build the nation’s first small modular reactors. Holtec International — the nuclear company best known for decommissioning shuttered plants and manufacturing the canisters that store spent fuel … Continue reading “Holtec unveils plan for small modular reactors at Palisades nuclear site”
Written by Electric Vehicles Magazine
Across the U.S. East Coast, nuclear power plant owners are proposing marriages to tech giants who are both desperate for electricity to fuel their massive data-center expansion plans and publicly committed to using clean energy. The proposals go like this: Build data centers that connect directly to our round-the-clock, carbon-free nuclear power, and secure long-term … Continue reading “Data centers want to tap existing nuclear power. Is that good or bad?”
Written by Electric Vehicles Magazine
The Nuclear Company, a venture capital–funded project-development firm, came out of stealth last week and announced eye-raising plans: It aims to deploy a 6-gigawatt nuclear-fission reactor fleet by the mid-2030s. That 6 gigawatts would represent more nuclear-generating capacity than the U.S. has deployed in the last decade. The U.S. has commissioned only three new reactors since 2016 and … Continue reading “The US nuclear industry is stuck. Can this startup get it rolling again?”