Latest News

Filters

Filter by tags: Joe Biden Clear all tag filters

70 news articles found


Michigan Governor Gretchen Whitmer pledged the state's support for Holtec International's application for a federal grant to save the Palisades nuclear power plant which closed in May.

Date: Tuesday, 13 September 2022
Original article: world-nuclear-news.org/Articles/Michigan-governor-calls-for-nuclear-plant-to-reope

Centrus and GLE have welcomed the USD700 million support package to develop high-assay low-enriched uranium (HALEU) included in the US Inflation Reduction Act to develop the infrastructure needed to fuel next generation of nuclear reactors.

Date: Wednesday, 24 August 2022
Original article: world-nuclear-news.org/Articles/Inflation-Reduction-Act-makes-down-payment-on-HALE

The US Inflation Reduction Act (IRA) has been sent to President Joe Biden to be signed into law after the House of Representatives approved it by 220 votes to 207. The US Senate voted to pass it on 7 August. The $433 billion IRA seeks to tackle record inflation, lower healthcare costs, and increase energy security, paid for through corporate taxes. It includes $369 billion in climate and energy investments with support for both new and existing nuclear energy.

Date: Friday, 19 August 2022
Original article: neimagazine.com/news/newsinflation-reduction-act-passed-by-the-us-house-9937136

Industry says reactors can form ‘backbone of stable electric grid’ With 92 commercial reactor units the US has the largest nuclear power plant fleet in the world. Image courtesy US Presidential Office. US president Joe Biden has signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early.

The $433bn (€427bn) Inflation Reduction Act (IRA) has been welcomed by the US nuclear energy industry as “sending a clear signal that nuclear is essential to the transition toward a carbon-free economy”.

Maria Korsnick, president and chief executive officer of the Washington-based Nuclear Energy Institute, said investment and tax incentives for both large, existing nuclear plants and newer, advanced reactors, as well as Haleu (high-dosage low-enriched uranium) and hydrogen production, set nuclear energy on a level playing field, “ensuring that nuclear can form the backbone of a stable electric grid that also includes large shares of wind and solar”.

Date: Friday, 19 August 2022
Original article: nucnet.org/news/biden-signs-into-law-new-legislation-that-could-help-nuclear-8-4-2022

Both reactors at nuclear station scheduled to close by 2025 Diablo Canyon, midway between Los Angeles and San Francisco, produces 9% of California’s electricity. Utility Pacific Gas and Electric Company (PG&E) could receive a $1.4bn (€1.3bn) government loan to keep the Diablo Canyon nuclear power station running up to 10 years beyond its current 2025 closure date under a bill proposed by California governor Gavin Newsom.

The proposal would exempt the extension from some environmental rules and would state regulatory agencies to act quickly to clear the way for the facility’s two reactors to continue operating.

The proposal, which would have to be introduced as a bill in the state legislature, is the latest in a series of steps California has made this year to reconsider its 2016 decision to retire the Diablo Canyon power plant by 2025.

Diablo Canyon, midway between Los Angeles and San Francisco, produces 9% of California’s electricity. The proposal says its continued operation beyond 2025 is “critical to ensure statewide energy system reliability” as climate change stresses the energy system.

Date: Thursday, 18 August 2022
Original article: nucnet.org/news/operator-could-receive-usd1-4-billion-government-loan-to-keep-diablo-canyon-open-8-3-2022

The US House of Representatives has voted to pass the Inflation Reduction Act (IRA), which now heads to President Joe Biden to be signed into law. The passing of the wide-ranging bill, which includes support for existing and new nuclear, was welcomed by the nuclear industry.

Date: Tuesday, 16 August 2022
Original article: world-nuclear-news.org/Articles/Inflation-Reduction-Act-passed-by-the-US-House

A second campaign to repatriate high-enriched uranium (HEU) from a research reactor in Japan to the USA has been completed, bringing to an end a three-year joint effort to transfer 45 kg of the material as part of shared non-proliferation goals.

Date: Friday, 12 August 2022
Original article: world-nuclear-news.org/Articles/Cooperative-effort-sees-Japanese-HEU-transfer-comp

The US Senate has voted to pass the Inflation Reduction Act. The wide-ranging bill includes support for existing and new nuclear, and according to the White House, marks the largest investment ever in combatting the "existential crisis" of climate change.

Date: Tuesday, 09 August 2022
Original article: world-nuclear-news.org/Articles/US-Senate-passes-single-biggest-climate-investment

Move follows appeal by owner of California’s Diablo Canyon Two reactors at Diablo Canyon are scheduled to shut down in 2024 and 2025. The US Department of Energy is extending the application deadline for a second time for a $6bn programme aimed at keeping power plants open by two months, it announced, days after California's biggest power utility asked for more time.

Power utility PG&E Corp asked the DOE for a 75-day extension to the civil nuclear credit (CNC) programme deadline to apply for federal funds that could keep its Diablo Canyon nuclear power station in California open. Two reactors at Diablo Canyon are scheduled to shut down in 2024 and 2025.

The DOE also amended the CNC programme’s guidance, revising the eligibility criteria that nuclear reactors “not recover more than 50 percent of its costs from cost-of-service regulation or regulated contracts”, which could affect the eligibility of reactors applying in the first round of funds awarded, a press release said, without elaborating.

Date: Tuesday, 05 July 2022
Original article: nucnet.org/news/doe-announces-second-extension-for-usd6-billion-nuclear-credit-programme-7-1-2022

The International Atomic Energy Agency (IAEA) is already working with Australia on the "complex" issue of ensuring nuclear safeguards in relation to its proposed acquisition of nuclear-powered submarines under the trilateral AUKUS partnership, the organisation's Director General Rafael Mariano Grossi said today.

Date: Tuesday, 05 July 2022
Original article: world-nuclear-news.org/Articles/IAEA-working-with-Australia-on-safeguards-for-nucl