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Oil and gas producer Diamondback Energy Inc has signed a letter of intent on a long-term power purchase agreement to use Oklo's Aurora 'powerhouses' for its operations in the Permian Basin. Oklo has also signed a deal to provide up to 500 MWe of power to Equinix to serve its data centres in the USA.
- Source: World Nuclear News
- Date: Wednesday, 10 April 2024
- Original article: world-nuclear-news.org/Articles/US-companies-sign-up-with-Oklo-for-microreactor-po
The in-service date for the second AP1000 plant at the site near Waynesboro, Georgia, has been revised after a motor fault was discovered in a reactor coolant pump. Meanwhile, Georgia Power has agreed to pay the plant's co-owner Oglethorpe Power Corporation USD308 million in settlement of an ongoing dispute.
- Source: World Nuclear News
- Date: Tuesday, 10 October 2023
- Original article: world-nuclear-news.org/Articles/Vogtle-4-start-up-moved-to-2024
Southern Company CEO Tom Fanning said more time has been built into the schedules for both units to allow for unexpected issues, with unit 3 now expected to enter service in May or June and unit 4 at the end of this year or early in 2024.
- Source: World Nuclear News
- Date: Saturday, 18 February 2023
- Original article: world-nuclear-news.org/Articles/Revised-in-service-dates-for-Vogtle-units
New nuclear technologies will be needed alongside existing nuclear plants and renewables as the USA transitions to a carbon-free future, but they will continue to need legislative support at the federal and state level, utility leaders said during the opening session of the Nuclear Energy Institute's Nuclear Energy Assembly this week.
- Source: World Nuclear News
- Date: Thursday, 10 June 2021
- Original article: world-nuclear-news.org/Articles/US-utility-leaders-look-to-decarbonised-future
The effects of the COVID-19 pandemic and related government responses could disrupt or delay construction, testing, supervisory and support activities at the Vogtle 3 and 4 construction project, but it is too early to say what those effects will be, Southern Company has told the US Securities and Exchange Commission. Russia's Rosatom is looking into the possibility of returning part of the Russian personnel from overseas nuclear power plant construction sites.
- Source: World Nuclear News
- Date: Saturday, 04 April 2020
- Original article: world-nuclear-news.org/Articles/COVID-impact-on-construction-projects-not-yet-clea
US utility Duke Energy on 25 August announced plans to abandon the William States Lee III Nuclear Generating Station in Cherokee County, South Caroline, and raise rates to recover money already spent on the project. The company had planned to build two AP1000 reactors designed by Westinghouse Electric Co at the site but is seeking approval from the Utility Commission to cancel the development, citing Westinghouse’s recent bankruptcy. Although construction had not started at the Lee site, Duke said it had already spent $542m on securing a licence from the federal government, engineering and site acquisition. The company said it would file with state regulators to pass these costs on to electricity customers. North Carolina utility regulators should require customers of the company’s Duke Energy Carolinas unit to pay $353m of the pre-construction costs spent on the Lee plant over the next dozen years, Duke said in a state filing.
- Source: NEI Magazine
- Date: Monday, 28 August 2017
- Original article: neimagazine.com/news/newsus-duke-energy-cancels-lee-npp-and-pulls-out-of-vogtle-project-5910621
Energy Future Holdings (EFH) announced that its subsidiary Texas Compeitive Electric Holding Company, which includes Comanche Peak operator Luminant, has entered voluntary Chapter 11 proceedings. EFH said that new agreements with some of its key financial stakeholders would reduce its approximately $40 billion of debt, lower its annual cash interest costs, access significant additional capital and create a sustainable capital structure for the future.
- Source: NEI Magazine
- Date: Thursday, 01 May 2014
- Original article: neimagazine.com/news/newscomanche-peak-parent-enters-us-chapter-11-bankruptcy-protection-4256054