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What’s the Role for New Nuclear Power in the Fight Against Climate Change?

GreenTechMedia

Small modular reactors (SMRs) — nuclear reactors using novel technologies to fit into much smaller and mass-producible packages than the behemoth nuclear power plants of today — are presented as a way of rapidly decarbonizing the grid in the face of an ever more pressing need to meet climate targets.

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Momentum Builds for UK Government to Self-Fund New Nuclear Plants

GreenTechMedia

gigawatt Hinkley Point C nuclear power station in 2012, it proudly proclaimed that the arrangement proved new nuclear did not need direct subsidy. A 2014 study found that of a global sample of 180 nuclear power plants, 97 percent ended up over budget. When the U.K. Since then, three other U.K.

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PG&E’s Latest Energy Storage Procurement Includes Fleet of Behind-the-Meter Batteries

GreenTechMedia

Southern California Edison has contracted for 180 MW of behind-the-meter batteries under a 2014 plan to replace the capacity lost from the closure of the San Onofre nuclear power plant. The 27 MW aggregation is the first large-scale behind-the-meter battery project for PG&E, but not for the state as a whole.

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So, What Exactly Are Small Modular Nuclear Reactors?

GreenTechMedia

More than half of the 48 new reactors that the World Nuclear Association (WNA) lists as being built worldwide are in just four countries: China, India, the United Arab Emirates and Russia. It’s the same story in France, which has a higher proportion of nuclear energy on the grid than any other country in the world.

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Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

ABB’s Power Grids unit earned about $10 billion in annual revenues last year from its businesses ranging from high-voltage transmission systems and transformers to distribution grid controls and battery systems.

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Highlights from the 2022 BP Statistical Review

R-Squared Energy

The remaining share of primary energy use consisted of hydroelectric power (6.8%), renewables (6.7%), and nuclear power (4.3%). Global coal consumption has been on a downward trend since peaking in 2014. in 2020, nearly reaching 2014 levels. Renewables and Nuclear Power. to reach a new all-time high.

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Southern California Edison Inks Another Massive Round of Utility-Scale Battery Contracts

GreenTechMedia

It’s also contracted for hundreds of megawatts of behind-the-meter batteries under a 2014 plan to replace the capacity lost from the closure of the San Onofre nuclear power plant. But SCE sees more grid reliability needs arising by mid-decade, as the state’s last nuclear power plant, Diablo Canyon, closes down.