Three interregional transmission lines connecting six U.S. states will receive the first $1.3 billion tranche of $2.5 billion in federal funding designated under the Transmission Facilitation Program (TFP), a revolving…
Finance
PORTLAND, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report).…
Seven regional hydrogen hubs spanning Appalachia, California, the Midwest, the Gulf Coast, the American heartland, the Mid-Atlantic, and the Pacific Northwest are poised to receive $7 billion in Infrastructure Investment…
Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), the policy organization of the nuclear technologies industry, suggested a bipartisan majority in Congress recognizes the importance of nuclear…
Planning, building, operating, or overhauling power plants has long been an emphasis in the power sector—and an important one, given that the creation of new power capacity plays an outsized…
Although there is a risk of energy shortfalls in parts of the U.S. if extreme summer temperatures materialize, there is no stopping the clean energy transition that is sweeping the…
The U.S. Department of Energy (DOE) announced the first round of awardees of the Milestone-Based Fusion Development Program. The program is the latest in a series of efforts designed to…
A project to deploy the first NuScale 462-MWe VOYGR-6 nuclear power plant in Romania by 2029 has garnered a $275 million public-private funding commitment from the U.S., Japan, South Korea,…
Nuclear has re-invented itself as a compelling pathway to achieving net-zero. It is said that everything is cyclical—where there are periods of expansions and contractions. Could this be true of…
Sunnova Energy Corp., an energy-as-a-service (EaaS) provider, has snagged a first-of-its-kind conditional federal loan guarantee commitment of up to $3 billion for a project that could further future virtual power…