The Electric Power Research Institute (EPRI) has launched an ambitious new initiative alongside power companies, grid operators, and several tech giants to establish five to 10 “flexibility hubs” that will…
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Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which…
A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose…
Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate…
American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of…
Simple cycle gas turbines provide efficiency levels of around 35% to 40%. Combined cycle units boost efficiency to 60% and beyond. But another option is emerging that combines the attributes…
The European Commission, the executive arm of the European Union (EU), has said countries across the continent should be encouraged to deploy energy storage. The group has said storage will…
The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched…
With the 2024 U.S. presidential election rapidly approaching, energy mergers and acquisitions (M&A) professionals are considering how a new presidency could impact the transaction planning, structuring and execution of deals,…
A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light…