First reported last week by S&P Global Platts but confirmed only yesterday, small modular reactor developer NuScale Power plans to go public via a merger with Spring Valley Acquisition Corporation, a special purpose acquisition company, or SPAC. (SPACs are shell corporations listed on a stock exchange with the purpose of acquiring or merging with a private company, effectively taking that company public without going through the standard initial public offering process.)

Électricité de France recently announced the formation of an advisory board for NUWARD, France’s small modular reactor project. According to the company, the establishment of the International NUWARD Advisory Board (INAB) is a major step forward in support of the technology’s development.

Ontario Power Generation (OPG) has selected GE Hitachi Nuclear Energy (GEH) as its technology partner for the Darlington nuclear new-build project. The companies will work to deploy GEH’s BWRX-300 small modular reactor at OPG’s Darlington nuclear plant, located in Clarington, Ontario.

In April, President Biden announced a new U.S. climate target: a 50–52 percent reduction in greenhouse gas emissions below 2005 levels by 2030. It’s an ambitious goal, and one that’s right up there with recent climate declarations from Canada, the European Union, and the United Kingdom. It’s also one that, according to a new analysis from the Electric Power Research Institute, will require immediate action across all sectors of the economy.

Key findings of the EPRI report Strategies and Actions for Achieving a 50% Reduction in U.S. Greenhouse Gas Emissions by 2030 include the following:

• Halving GHG emissions by 2030 will involve significant efforts beyond business-as-usual trends.
• Reaching implied decarbonization targets for the power sector involves accelerated and sustained change.
• Electrification and efficiency gains drive GHG reductions in transport, industry, and buildings.
• Consistent emission-reduction strategies for achieving the “50 by 30” goal are emerging, but fundamental questions remain about how to support immediate action while building systems for planning and investment that are adaptive to new information.

On behalf of over 10,000 nuclear engineers, scientists, and technologists, the American Nuclear Society urges COP 26 delegates to insist that any agreement arising from COP26 include a strong role for nuclear technology in achieving carbon reduction targets.

Deep decarbonization and electrification of the global economy will require the increased availability of firm, “dispatchable” zero-carbon energy technologies. Nuclear energy is the only energy source with a proven track record of producing firm, zero-carbon energy at the scale needed to meet global goals. Indeed, it’s increasingly clear that achieving net-zero worldwide carbon emissions is simply not feasible without a significant expansion of carbon-free nuclear energy worldwide.

A recently completed feasibility study by Westinghouse Electric Company and Bruce Power concludes that the eVinci microreactor is capable of providing cost-competitive clean energy to decentralized, off-grid markets in Canada.

On behalf of over 10,000 nuclear engineers, scientists, and technologists, the American Nuclear Society urges COP 26 delegates to insist that any agreement arising from COP26 include a strong role for nuclear technology in achieving carbon reduction targets.

McLean, Va.–based IP3 Corporation and Polish electricity producer Zespół Elektrowni Patnów-Adamów-Konin SA (ZE PAK) signed an agreement earlier this month regarding the development of nuclear power plants in Poland. IP3 is to be ZE PAK’s main advisor in the process, with Georgette Mosbacher, a former U.S. ambassador to Poland (2018–2021) who recently joined the IP3 board, leading the effort for the American company.

ZE PAK is currently involved in various initiatives associated with nuclear technologies for Poland, including a plan to use nuclear power for the production of hydrogen.

U.S. energy secretary Jennifer Granholm and India’s minister of petroleum and natural gas, Hardeep Singh Puri, last week presided over the virtual launch of what the Department of Energy termed the “newly revitalized” U.S.-India Strategic Clean Energy Partnership (SCEP).

U.S. energy secretary Jennifer Granholm and Ukrainian energy minister Herman Galushchenko last week signed a joint statement of intent to advance energy and climate cooperation through the U.S.-Ukraine Strategic Energy and Climate Dialogue. The signing took place during a visit to Washington, D.C., by Ukrainian president Volodymyr Zelensky for meetings with President Biden at the White House.

The nuclear community continues its collective push to restore funding for the Versatile Test Reactor (VTR) project at Idaho National Laboratory for fiscal year 2022. We first heard from the Department of Energy’s Katy Huff, followed by Argonne National Laboratory’s Jordi Roglans-Ribas. Now add Nuclear News opinion columnist James Conca to the list of supporters hoping to change the minds of those in Congress regarding the crucial VTR project.

A conversation among nuclear advocates led most to believe that nuclear supporters will have a minimized voice at this year’s UN Conference of the Parties on Climate Change, commonly known as COP26. According to Kirsty Gogan, cofounder of TerraPraxis and a senior climate and energy advisor to the U.K. government, “All three Green Zone applications by nuclear groups were rejected.” However, it seems some of that may be due to miscommunication regarding application deadlines for the COP26 Green Zone.

Steven P. Nesbit

Stories are unfolding (or have unfolded) in three of our key states that illustrate the challenges facing the backbone of our country’s clean, reliable electricity generation infrastructure. I write, of course, about existing nuclear power plants. On the East Coast, New York is a done deal. Indian Point-3 shut down on April 30. The state authorities are banking on offshore wind to pick up the slack. They shrug off the cost and intermittency challenges associated with deploying wind power. We’ll see.

Statement from Craig Piercy, Executive Director and CEO of the American Nuclear Society:

A $6 billion lifeline for struggling U.S. nuclear power plants is reportedly included in the nearly $1 trillion bipartisan infrastructure bill currently being mulled over in the U.S. Senate, but it won’t be thrown in time to rescue Illinois’s Byron and Dresden plants, according to owner and operator Exelon.

In an August 4 statement on second-quarter earnings, Exelon’s president and chief executive officer, Chris Crane, noted that while his company is encouraged by the growth of federal support for policies that acknowledge the value of nuclear’s clean energy generation, “passage of legislation remains uncertain and, regardless, will come too late to save our Byron and Dresden plants from early retirement this fall. While we remain hopeful that a state solution will pass in time to save the plants, clean energy legislation in Illinois remains caught in negotiations over unrelated policy matters, leaving us no choice but to continue down the path of closing the plants.” (Last August, Exelon announced its intention to prematurely retire Byron and Dresden, citing long­standing economic pressures. Last week, the company filed decommissioning plans for the two nuclear facilities.)

Public discourse on energy and climate increasingly includes nuclear energy, but how has that affected public opinion? The answer: a lot. A national public opinion survey conducted in May found that support for nuclear energy has rebounded, and politics, in part, may offer a window into why. For example, now Biden and Trump voters support nuclear energy about equally. Trump voters care more about affordable and reliable electricity. Biden voters care more about climate change, and their support is driven by perception of need. Perception of need is boosted by climate change, recent energy supply problems, and Democratic leadership endorsements. The importance of Democratic leadership endorsements is shown in the Obama bump in 2010 and the Biden bump in 2021. In both cases, the increase in overall support for nuclear is largely attributable to increased support among Democrats.

New Jersey’s Public Service Enterprise Group has announced its intention to achieve net-zero emissions by 2030, shaving two decades off its previously announced target date of 2050. PSEG is owner of the Hope Creek nuclear plant and is co-owner, with Exelon, of the Salem plant.

ANS held a panel discussion on Wednesday to look at where the United States energy system is headed in the next 15 years. The webinar, “What will a clean U.S. electric grid look like in 2035?” drew 465 viewers from 25 nations.

A recording of this webinar is archived along with all past ANS webinars on the ANS webinars page.

Join ANS for the panel discussion, What will a clean U.S. electric grid look like in 2035? at 1:30 p.m. (EDT) on Wednesday. Register now for the free virtual event.