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Constellation Energy may buy Calpine in $30 billion deal

• 2025-01-09 06:08:00
• David Flin

According to a report in Bloomberg, Constellation Energy is in talks to buy Calpine in a deal valued at nearly $30 billion. This would be one of the largest power and utility deals in the USA.

Zhangzhou One nuclear power plant starts commercial operation

• 2025-01-03 06:30:15
• David Flin

China National Nuclear Corporation (CNNC) has announced that the 1126 MW Zhangzhou 1 nuclear power plant in Fujian province, China, has started commercial operation on 1 January 2025.

Commonwealth plans world’s first grid-scale fusion power plant in Virginia, USA

• 2024-12-18 06:14:40
• David Flin

Commonwealth Fusion Systems (CFS), a private company formed by the Massachusetts Institute of Technology, said that it is planning to build the world’s first grid-scale fusion power plant in Virginia, USA, scheduled to generate power by the early 2030s.

Last Energy receives $103 million in debt-financing to build SMR in Britain

• 2024-12-16 06:14:50
• David Flin

Last Energy of the USA has announced that it has received an offer of $103.7 million in debt financing from the US Government to set up the first of four planned micro-sized nuclear power plants in Britain.

India’s Gorakhpur nuclear power plant faces further delays

• 2024-12-13 05:18:28
• David Flin

The Gorakhpur nuclear power plant in Fatehabad, Haryana, India has encountered significant delays, with the completion of its first phase postponed to 2032.

2025 energy outlook: thriving amidst volatility with smart strategies

• 2024-12-05 12:30:26
• Junior Isles

The energy market has changed as attention shifts to renewable sources and companies are faced with a balancing act of affordability and carbon footprint. Some predict we are set for a turbulent year of energy pricing and supply security.

By Andrew King, Founder of SGT

Four UK nuclear reactors to stay online for longer

• 2024-12-04 06:14:11
• David Flin

EDF and Centrica, operators of four UK nuclear reactors, have announced that these will continue to operate beyond their original shutdown date.

Westinghouse and CORE Power partner for floating nuclear power plants

• 2024-11-26 06:48:23
• David Flin

Westinghouse Electric Company and CORE POWER have announced they have signed an agreement for the design and development of a floating nuclear power plant (FNPP) using the eVinci microreactor.

Swedish court approves construction of nuclear waste storage facility

• 2024-10-29 04:40:16
• David Flin

A court in Sweden has approved the start of construction for a nuclear waste disposal site in Forsmark, 130 km north of Stockholm.

Doosan Enerbility signs MOU to modernise Kazakhstan’s energy sector

• 2024-10-24 05:06:16
• David Flin

Doosan Enerbility signed an MOU on 23 October with the Ministry of Energy of Kazakhstan to cooperate in the development of the country’s power industry.