nuclear

The Ontario government and Ontario’s Independent Electricity System Operator (IESO) announced that their latest round of procurement secured a total of 2,195 MW of capacity.

Federal officials have issued a warning about a substantial safety violation at the V.C. Summer nuclear plant after cracks were discovered again in a backup emergency fuel line.

As modeled by NREL, wind and solar energy would provide 60%–80% of generation in the least-costly electricity mix in 2035.

NuScale Power and Spring Valley Acquisition Corp., a publicly traded special purpose acquisition company, reached a merger agreement with an estimated enterprise value of $1.9 billion. Under the terms of the agreement, NuScale expects up to $413 million of gross cash proceeds, including a $181 million private investment in public equity (PIPE) vehicle anchored by Samsung C&T Corp., DS Private