In our last two posts we looked at the pledge signed by more than 20 countries at COP28 in Dubai to triple the amount of nuclear globally by 2050 and the pledge made by more than 120 companies in the nuclear industry to meet this challenge. This month we comment Read more…
In our last post we looked at the pledge signed by more than 20 countries at COP28 in Dubai to triple the amount of nuclear globally by 2050. This month we consider the pledge made by more than 120 companies in the nuclear industry to meet this challenge and support Read more…
In our recent post on nuclear project financing, we noted the importance of reducing risk to investors to ensure projects can raise sufficient competitively priced capital needed to build them. Today we will discuss project structures. What are they and why are they important? The project structure is how the Read more…
Early last month, Vogtle Unit 3, the first new nuclear plant to be built in the United States in decades, went critical, meaning it started to nuclear fission and move down the path to producing its first electricity and becoming operational. This was great news as the project has had Read more…
On December 15, 2022, the Ontario Independent Electricity System Operator (IESO) issued ”Pathways to Decarbonization – A report to the Minister of Energy to evaluate a moratorium on new natural gas generation in Ontario and to develop a pathway to zero emissions in the electricity sector”. This report considers a Read more…
In its 2022 report on the role of nuclear power in fighting climate change, “Nuclear Power and Secure Energy Transitions”, the International Energy Agency (IEA) says “Nuclear energy can help make the energy sector’s journey away from unabated fossil fuels faster and more secure.” It goes on to clearly lay Read more…
In the early 1990s, deregulating electricity generation seemed like a good idea. Led by the UK, many markets rushed to dismantle their vertically integrated electric utilities with the goal of creating competition to benefit their customers, the electricity using public. The view was that utilities had become fat and lazy Read more…
In our last post, we quoted from recent reports that clearly lay out the environmental benefits of nuclear power. This month we want to start off the year by launching a short series addressing some of the issues that impact energy economics. Today we will talk about the importance of Read more…
This past year, as COP26 came and went, and the climate discussion turned from emission reductions to net zero targets; more and more governments have come to accept that nuclear power should, and in fact must, play an important role in meeting their aggressive climate goals. China is leading the Read more…
Nuclear power is a people business. Through the hard work of many, most plants operate at very high operating factors and produce clean economic electricity 24 hours a day 7 days a week. They produce in good weather and bad, when it is sunny and when it is dark, when Read more…