Markets Archives https://www.powermag.com/category/markets/ The power industry's trusted source for generation technology, O&M, and legal & regulatory news for coal, gas, nuclear, hydro, wind & solar power plants; power jobs Thu, 14 Nov 2024 21:38:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://www.powermag.com/wp-content/uploads/2020/11/cropped-p-power-32x32.jpg Markets Archives https://www.powermag.com/category/markets/ 32 32 Oklo’s $25M Move into Radioisotope Production to Expand Advanced Nuclear Revenue Stream https://www.powermag.com/oklos-25m-move-into-radioisotope-production-to-expand-advanced-nuclear-revenue-stream/ https://www.powermag.com/oklos-25m-move-into-radioisotope-production-to-expand-advanced-nuclear-revenue-stream/#respond Thu, 14 Nov 2024 17:54:21 +0000 https://www.powermag.com/?p=225417 Oklo has moved to acquire Atomic Alchemy, a U.S. firm specializing in high-value radioisotopes, in a $25 million all-stock transaction. The acquisition will add radioisotope production capabilities to Oklo’s advanced […]

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Atomic Alchemy's Radioisotope Production Facility (Image: Hillside Architecture)

]]> https://www.powermag.com/oklos-25m-move-into-radioisotope-production-to-expand-advanced-nuclear-revenue-stream/feed/ 0 Power Shift: Trump’s Energy Agenda Sparks Cautious Optimism, Climate Concerns https://www.powermag.com/power-shift-trumps-energy-agenda-sparks-cautious-optimism-climate-concerns/ https://www.powermag.com/power-shift-trumps-energy-agenda-sparks-cautious-optimism-climate-concerns/#respond Thu, 07 Nov 2024 18:25:38 +0000 https://www.powermag.com/?p=225115 Tuesday’s election, which will return Donald Trump to the White House and grant the U.S. Senate a Republican majority, could have sizeable implications for the power industry. In reactions sent […]

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Clean Power Plan

]]> https://www.powermag.com/power-shift-trumps-energy-agenda-sparks-cautious-optimism-climate-concerns/feed/ 0 FERC Blocks PJM Proposal to Expand Amazon Data Center Load at Susquehanna Nuclear Plant https://www.powermag.com/ferc-blocks-pjm-proposal-to-expand-amazon-data-center-load-at-susquehanna-nuclear-plant/ https://www.powermag.com/ferc-blocks-pjm-proposal-to-expand-amazon-data-center-load-at-susquehanna-nuclear-plant/#respond Sat, 02 Nov 2024 17:05:47 +0000 https://www.powermag.com/?p=225003 The Federal Energy Regulatory Commission (FERC) has rejected an amended interconnection agreement that would have supported expanded co-located load at an Amazon Web Services (AWS) data center connected to the […]

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Stock_Susquehanna nuclear plant_PD-USGOV

]]> https://www.powermag.com/ferc-blocks-pjm-proposal-to-expand-amazon-data-center-load-at-susquehanna-nuclear-plant/feed/ 0 Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge https://www.powermag.com/major-microreactor-developer-enters-bankruptcy-amid-nuclear-industry-surge/ https://www.powermag.com/major-microreactor-developer-enters-bankruptcy-amid-nuclear-industry-surge/#respond Tue, 29 Oct 2024 21:07:41 +0000 https://www.powermag.com/?p=224895 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 […]

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USNC Micro Modular Reactor

]]> https://www.powermag.com/major-microreactor-developer-enters-bankruptcy-amid-nuclear-industry-surge/feed/ 0 Dominion Sells 50% Stake in $10B Offshore Wind Project https://www.powermag.com/dominion-sells-50-stake-in-10b-offshore-wind-project/ https://www.powermag.com/dominion-sells-50-stake-in-10b-offshore-wind-project/#respond Tue, 29 Oct 2024 15:56:35 +0000 https://www.powermag.com/?p=224883 Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an […]

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The first six of 176 monopiles for the Coastal Virginia Offshore Wind project were installed in the Northwest corner of the lease area in May. Installation work, scheduled from May 1 to October 31 each year to protect the North Atlantic right whale migration, will continue through 2025. Courtesy: Dominion

]]> https://www.powermag.com/dominion-sells-50-stake-in-10b-offshore-wind-project/feed/ 0 AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs https://www.powermag.com/aep-ohio-proposes-new-utility-tariff-for-data-centers-to-offset-infrastructure-costs/ https://www.powermag.com/aep-ohio-proposes-new-utility-tariff-for-data-centers-to-offset-infrastructure-costs/#respond Thu, 24 Oct 2024 12:47:24 +0000 https://www.powermag.com/?p=224759 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 […]

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]]> https://www.powermag.com/aep-ohio-proposes-new-utility-tariff-for-data-centers-to-offset-infrastructure-costs/feed/ 0 DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects https://www.powermag.com/doe-releases-900m-to-spur-gen-iii-nuclear-smr-deployment-targets-two-first-mover-projects/ https://www.powermag.com/doe-releases-900m-to-spur-gen-iii-nuclear-smr-deployment-targets-two-first-mover-projects/#respond Thu, 17 Oct 2024 12:07:06 +0000 https://www.powermag.com/?p=224601 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 […]

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]]> https://www.powermag.com/doe-releases-900m-to-spur-gen-iii-nuclear-smr-deployment-targets-two-first-mover-projects/feed/ 0 Google Bets Big on Nuclear: Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers https://www.powermag.com/google-bets-big-on-nuclear-inks-deal-with-kairos-power-for-500-mw-smr-fleet-to-power-data-centers/ https://www.powermag.com/google-bets-big-on-nuclear-inks-deal-with-kairos-power-for-500-mw-smr-fleet-to-power-data-centers/#respond Mon, 14 Oct 2024 22:57:04 +0000 https://www.powermag.com/?p=224496 In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement […]

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Architect’s rendering of the Hermes Low-Power Demonstration Reactor facility

]]> https://www.powermag.com/google-bets-big-on-nuclear-inks-deal-with-kairos-power-for-500-mw-smr-fleet-to-power-data-centers/feed/ 0 Jackson Generation Pioneers North America’s First M501JAC Gas Turbines https://www.powermag.com/jackson-generation-pioneers-north-americas-first-m501jac-gas-turbines/ https://www.powermag.com/jackson-generation-pioneers-north-americas-first-m501jac-gas-turbines/#respond Tue, 01 Oct 2024 10:53:02 +0000 https://www.powermag.com/?p=223289 The Jackson Generation plant, a 1.2-GW combined cycle power plant in Elwood, Illinois, debuted North America’s first M501JAC gas turbines. Developed by J-POWER USA, the facility has emerged as a model for

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]]> https://www.powermag.com/jackson-generation-pioneers-north-americas-first-m501jac-gas-turbines/feed/ 0 The Renewables Revolution: Overcoming New Roadblocks https://www.powermag.com/the-renewables-revolution-overcoming-new-roadblocks/ https://www.powermag.com/the-renewables-revolution-overcoming-new-roadblocks/#respond Tue, 01 Oct 2024 10:37:09 +0000 https://www.powermag.com/?p=223280 Singapore stands at a pivotal juncture in its journey toward sustainability, with renewable energy (RE) emerging as a beacon of hope in the fight against climate change. Post-COP 28, many countries, including

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Singapore

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