Born of great promise, an advanced nuclear power effort, severely damaged by initial overpromises, has crashed and burned. Transatomic Power has shut down operations, after MIT’s Technology Review reported that the principals, two recent MIT PhD nuclear engineering graduates, decided they did not “see a viable path to bringing its molten salt reactor to scale.”… More Transatomic Power, once a high-flyer, crash lands

Vogtle lives. After investor-owned Georgia Power and cooperative Oglethorpe Power Corp. spent hours eye-ball-to-eyeball over Oglethorpe’s push for a cost cap on the $27 billion, two unit nuclear project, Georgia Power blinked. The owners of the project agreed Wednesday afternoon to a new cost-containment deal, which would spread the impact of future cost increases, after… More Oglethorpe, Georgia Power reach a Vogtle compromise

The troubled Vogtle nuclear power construction project in Georgia, facing massive cost overruns and years behind schedule, may have survived another existential threat. But it may not. The outcome is still in doubt. Today, one major public power partner unanimously agreed to continue with the staggering nuclear project, but another major public power player offered… More Oglethorpe throws a curve ball at the Vogtle nukes

The health of Federal Energy Regulatory Commission Chairman Kevin McIntyre could determine the course the agency takes in the coming weeks and months. McIntyre, who had surgery for brain cancer in Mid-2017, before his nomination to head FERC, was unable to attend today’s open commission meeting. He said, in a statement read by Commissioner Neil… More Kevin McIntyre’s health and the course of FERC

A federal appeals court last week upheld the Illinois plan to subsidize two of Exelon’s nuclear plants in order for them to bid competitively into the PJM Interconnection. The unanimous three-judge opinion gave a thumbs up to the state’s “zero emissions credits” program and rejected a challenge by the Electric Power Supply Association, the Washington… More Appeals court upholds Illinois ZEC program balancing state/federal powers

The fate of the long-troubled Vogtle nuclear plant construction project in Georgia, the only new nuclear units being built in the U.S., could now rest with the courts. Jacksonville’s municipal utility JEA has sued in Florida court to overturn what the city believes is a ruinous 20-year take-or-pay power purchase agreement with the Municipal Energy… More Vogtle nukes face a legal challenge

International oil firm Chevron has now been thoroughly vindicated in a decades-long battle over oil pollution in the Ecuadoran rainforest, which resulted in a 2011 $9.5 billion judgment against the California-based company. A federal appeals court in August and an international arbitration court Sept. 7 ruled for Chevron in the case. Both the U.S. Court… More Chevron wins big in $9.5B Ecuador oil pollution dispute

The stars would seem to be aligned to resolve the more than 50-year-old puzzle over what to do with spent fuel from the U.S. civilian nuclear power plant fleet, now stored at reactor sites. And it would seem that the nuclear and electric utility industry approach – reactivating the long-stalled underground storage project at Nevada’s… More U.S. nuclear waste storage: SNAFU

California legislators at the end of August killed a bill to establish a multi-state wholesale electric market in the West, as it neared passage. California’s Democratic Gov. Jerry Brown had been the key advocate of transforming the California Independent System Operator and its region-wide imbalance market into a true regional transmission organization similar to those… More California solons reject west-wide electric grid