Constellation offers first-ever corporate green bonds
In a bid to generate up to $900 million in additional funding for nuclear energy projects, Constellation Energy announced this week that it will issue corporate green bonds in the United States.
A message from Electrical Builders, Ind.
America’s Top Performing Nuclear Plants Rely on Electrical Builders, Industries to Expand and Extend the Life of Their Critical Electrical Assets
In a bid to generate up to $900 million in additional funding for nuclear energy projects, Constellation Energy announced this week that it will issue corporate green bonds in the United States.
World Nuclear Energy Day takes place tomorrow, marking the 81st anniversary of the day in 1942 when Enrico Fermi and his team achieved the first controlled, self-sustaining nuclear chain reaction with Chicago Pile-1. It also is the anniversary of the first commercial nuclear reactor reaching criticality—at Shippingport, Pa., on December 2, 1957.
Dow and X-energy have announced the location of their Xe-100 small modular reactor deployment project: Dow’s UCC Seadrift Operations manufacturing site in Texas. According to a May 11 joint news release, the SMR plant will provide the Seadrift site with power and heat as the site’s existing energy and steam assets near the end of their operational lives.
Hosted by Waste Management Symposia, the annual Waste Management Conference is widely regarded as the premier international conference on the management of radioactive material and related topics. The theme of this year’s conference, being held February 26-March 3 at the Phoenix Convention Center in Arizona, is “Planning for the Future: Innovation, Transformation, Sustainability.” The featured country for 2023 is France, which will be represented by numerous panels, papers, posters, and exhibits demonstrating the country’s continuous innovation and pragmatism in the management of the nuclear fuel cycle. The featured Department of Energy Office of Environmental Management topic is “EM’s Transformation in Radioactive Liquid Tank Waste Management.”
Each year, the two best oral presentations/papers from the previous year’s conference are recognized. Honoring the highest-quality presentations, the American Nuclear Society and the American Society of Mechanical Engineers each present an award for best presentation/paper. The following are the abstracts for the best ANS and ASME papers of 2022. The full papers are available to 2023 WM Conference participants through the WM Symposia website, at wmsym.org.
Westinghouse Electric Company and Ansaldo Nucleare have announced the signing of a cooperation agreement to develop a next-generation nuclear power plant based on lead-cooled fast reactor (LFR) technology.
Wholly owned by Italy’s Ansaldo Energia, Ansaldo Nucleare is involved in the production of high-tech nuclear components; the design and construction of new builds; decommissioning; and advanced research on radwaste management, fusion, fourth-generation plants, and small modular reactors. In addition, the firm played a significant role in the development of such Generation III technologies as Westinghouse’s AP600 and AP1000 reactors.
Under the agreement, Westinghouse and Ansaldo Nucleare will advance a common design to maximize synergies; combine experience in design, testing, and licensing; and align respective partner and supply-chain organizations.
The United Arab Emirates’ Federal Authority for Nuclear Regulation (FANR) has issued the operating license for the Barakah nuclear plant’s Unit 3 reactor, the Emirates Nuclear Energy Corporation announced yesterday. In addition, following receipt of the license, ENEC subsidiary Nawah Energy Company began the process of loading fuel assemblies into the unit, according to the announcement.
Artificial intelligence (AI) and machine learning (ML) are helping scientists, engineers, regulators, and plant decision makers in their research and development of clean energy production to achieve a net-zero carbon footprint. While this science is new in terms of actual applications, it is fostering innovation in a variety of domains, from material discovery and qualification to advanced reactor design to supporting efficiencies in current power plants and transforming the usability of nuclear power plant control rooms.
The German animation studio Kurzgesagt released a new video to its English YouTube channel last week to answer the question, “Do we need nuclear energy to stop climate change?” The studio’s channel on YouTube is self-described as a small team working to make science look beautiful. Its videos discuss a variety of scientific, technological, philosophical, and psychological questions, and it has more than 14 million subscribers. The channel recently discussed the question of deaths caused by radiation—spoiler alert, nuclear is among the safest of all energy production.
Within the European Union, recognizing nuclear energy as green, sustainable, and worthy of investment depends on nuclear being added to the EU taxonomy of “sustainable investments that have been found to ‘do no significant harm’ to human health and to the environment.” The EU will issue a final taxonomy this year, and a decision to include nuclear power—which was excluded from a draft released in late 2020—could raise prospects for public and private nuclear investments both inside and outside the EU.
The decision rests with the European Commission (EC), which will take into consideration expert opinions, including those in a scientific report of the EC’s Joint Research Centre (JRC) that was requested last summer. The JRC's 387-page report, Technical assessment of nuclear energy with respect to the ‘do no significant harm’ criteria of Regulation (EU) 2020/852 (‘Taxonomy Regulation’), was leaked to the media and made available online on March 26. The report supports adding nuclear to the taxonomy.
The U.S. Department of Energy’s Light Water Reactor Sustainability Program, led by Idaho National Laboratory, works closely with utilities to improve outage efficiencies and enable nuclear to go “toe-to-toe economically” with other energy sources.
There are numerous similarities between auto racing pit crews and the people in the nuclear power industry who get us through outages: Pace. Efficiency. Diagnostics. Teamwork. Skill. And safety above all else.
To Paul Hunton, a research scientist at Idaho National Laboratory, the keys to successfully navigating a nuclear plant outage are planning and preparation. “When you go into an outage, you are ready,” Hunton said. “You need to manage outage time. You want to avoid adding delays to the scheduled outage work because if you do, it can add a couple million dollars to the cost.”
Hunton was the principal investigator for the September 2019 report Addressing Nuclear Instrumentation and Control (I&C) Modernization Through Application of Techniques Employed in Other Industries, produced for the U.S. Department of Energy’s Light Water Reactor Sustainability (LWRS) Program, led by INL. Hunton drew on his experience outside the nuclear industry, including a decade at Newport News Shipbuilding.