Nuclear Street - Nuclear Power Plant News, Jobs, and Careers

The U.S. Energy Information Administration projects that world energy consumption will grow by 28% between 2015 and 2040, adding nuclear power will be the second fastest growing source of that growth. The EIAs latest International Energy Outlook 2017 (IEO2017) projects most of the growth in demand is expected to come from countries that are not in the Organization for Economic Cooperation and Development...

Thursday afternoon, Duke Energy confirmed it had been contacted about taking a stake in South Carolina's state utility – Santee Cooper – so construction could restart on the V.C. Summer nuclear plant expansion abandoned last week after a decade of work. About the same time investors voiced their approval of the talks, pushing Duke's stock up 0.45% in a down market, although any talk just adds...

U.S. production of uranium concentrate could fall to its lowest level in 65 years in 2017 although prices have stabilized since reaching a 12 year low in November, the Energy Information Administration said last week. Production has been affected by uranium prices which have generally trended downward since their peak of $135/lb in June 2007, the EIA said releasing the Uranium Marketing Annual Report. ...

There are more nuclear engineers than usual in Wilmington, North Carolina this week. Some 30 from around the world are attending Global Nuclear Fuel's sixth annual Nuclear Energy Fuel Symposium Attendees include fuel design, fuel reliability and boiling water reactor engineers employed by nuclear power plant operators in the U.S., Europe and Japan who are in town for two days – Tuesday, Wednesday –...

Westinghouse Electric is "very stable," chief executive Jose Gutierrez told the Nuclear Energy Assembly in his first public speech since the company’s late March Chapter 11 filing, expressing confidence the company will emerge from bankruptcy "quickly, better, stronger and more competitive." Linking the bankruptcy to the "nuclear renaissance" that failed to materialize, Gutierrez...

Southern Company chief executive Tom Fanning told shareholders Wednesday it will take more time than expected to decide whether to continue the nuclear expansion at Plant Vogtle near Augusta, Georgia. Company officials had hoped to have a decision by the shareholder meeting, or at least in June, about whether to stick with the project, complete only part of it for now or drop the new nuclear endeavor. ...

Westinghouse Electric Co told a U.S. court on Tuesday it had reached a deal to borrow $800 million after allaying creditors' concerns that the money would be flowing to non-bankrupt affiliates overseas. An attorney for Westinghouse said in U.S. bankruptcy court in New York that cash from the loan would allow the company to complete its business plan by July 27 and move toward exiting bankruptcy. ...

It's well short of Memorial Day, but nearly half of the U.S. boiling water reactors (BWR) susceptible to the problems exposed at Fukushima have completed Phase I of their final post-Fukushima modification. After a tsunami damaged the Fukushima I Nuclear Power Plant in March 2011, operators were unable to vent the BWR's containment building, inhibiting efforts to cool the reactor core. This year...