Energy Northwest

Facing a potentially warmer, drier Washington state, Argonne develops plans to be sure nuclear power plants stay cool

Retrieved on: 
Wednesday, April 3, 2024

Climate scientists and nuclear science and engineering experts at the U.S. Department of Energy’s (DOE) Argonne National Laboratory are joining forces to develop a plan B for nuclear power in Richland, Washington.

Key Points: 
  • Climate scientists and nuclear science and engineering experts at the U.S. Department of Energy’s (DOE) Argonne National Laboratory are joining forces to develop a plan B for nuclear power in Richland, Washington.
  • This makes it possible to easily conduct heat away from a reactor and its cooling rods.
  • It relies on a steady, cool flow of water from the Columbia River to keep its temperature down.
  • However, when considering construction of future nuclear power plants, Energy Northwest thought it prudent to develop a contingency plan if the river conditions change.

Curtiss-Wright to Host 2024 Investor Day

Retrieved on: 
Friday, March 22, 2024

Curtiss-Wright Corporation (NYSE: CW) today announced that it will host an Investor Day in New York City on Tuesday, May 21, 2024, beginning at 8:30 a.m.

Key Points: 
  • Curtiss-Wright Corporation (NYSE: CW) today announced that it will host an Investor Day in New York City on Tuesday, May 21, 2024, beginning at 8:30 a.m.
  • A live webcast of the event will be available on the Company’s Investor Relations webpage.
  • Registration for the event is encouraged and can be completed in advance on the Investor Day 2024 Registration Site .
  • Presentation materials will be posted the morning of the event and a recording of the webcast will be made available following the event.

EVCS and Energy Northwest to Receive $14.6 Million Through the Charging and Fueling Infrastructure (CFI) Discretionary Grant Program

Retrieved on: 
Tuesday, February 6, 2024

LOS ANGELES, Feb. 6, 2024 /PRNewswire/ -- EVCS, one of the largest electric vehicle (EV) fast-charging network operators on the West Coast, and Energy Northwest, a joint operating agency in Washington state, are excited to be the recipients of $14.6 million from the Charging and Fueling Infrastructure (CFI) Discretionary Grant Program by the US Department of Transportation. The recently announced award will fund the development of more than 50 chargers across 12 charging locations, covering over 500 miles along Highway 101 in western Washington and coastal Oregon.

Key Points: 
  • This major initiative will enhance EV charging infrastructure in rural and disadvantaged communities in the US West Coast, including on Indigenous Tribal lands.
  • EVCS, under contract to Energy Northwest, will plan, design, construct, own, and operate the new charging stations across all locations.
  • Energy Northwest will manage the grant funding, leveraging their successful history of collaboration with EVCS on various infrastructure projects.
  • We thank the US Department of Transportation for the CFI grant, and we are excited to work with Energy Northwest on this major initiative."

NEWS RELEASE: Energy Northwest’s next-generation new nuclear feasibility gets a $10M boost with Puget Sound Energy investment

Retrieved on: 
Wednesday, January 10, 2024

RICHLAND, Wash., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Energy Northwest today announced an agreement with Bellevue-based Puget Sound Energy to accelerate the agency’s program examining the feasibility of developing and deploying a next-generation nuclear energy facility.

Key Points: 
  • RICHLAND, Wash., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Energy Northwest today announced an agreement with Bellevue-based Puget Sound Energy to accelerate the agency’s program examining the feasibility of developing and deploying a next-generation nuclear energy facility.
  • The agreement, a $10 million investment by Puget Sound Energy in Energy Northwest’s new nuclear project feasibility phase, will guide future participation and investment decisions.
  • This collaboration does not obligate Puget Sound Energy to any future financial commitment nor signify an ownership interest in a developed project.
  • “Our clean energy future depends on finding reliable resources that produce energy when customers need it without emitting greenhouse gases,” said Mary Kipp, president and CEO of Puget Sound Energy.

Doug VanTassell of Paragon Energy Solutions Featured in CEO Magazine

Retrieved on: 
Wednesday, November 29, 2023

FORT WORTH, Texas, Nov. 29, 2023 /PRNewswire/ -- Doug VanTassell, President and CEO of Paragon Energy Solutions , is featured in the recent issue of CEO Magazine.

Key Points: 
  • FORT WORTH, Texas, Nov. 29, 2023 /PRNewswire/ -- Doug VanTassell, President and CEO of Paragon Energy Solutions , is featured in the recent issue of CEO Magazine.
  • In the article Collaboration & Innovation: The Driving Forces of Paragon Energy Solutions' Success, VanTassell explains his unique vision for Paragon within the nuclear industry.
  • "Paragon is recognized as a truly innovative partner by nuclear stakeholders," VanTassell explains.
  • Critical safety instrumentation systems are another focus in the nuclear industry, and Paragon is a leading innovator in this area with its innovative Highly Integrated Protection System (HIPS) platform.

X-energy and Ares Acquisition Corporation Mutually Agree to Terminate Business Combination Agreement

Retrieved on: 
Tuesday, October 31, 2023

X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and Ares Acquisition Corporation (NYSE: AAC) (“AAC”), a publicly-traded special purpose acquisition company, announced today that they have mutually agreed to terminate their previously announced business combination agreement (the “Business Combination Agreement”), effective immediately.

Key Points: 
  • X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and Ares Acquisition Corporation (NYSE: AAC) (“AAC”), a publicly-traded special purpose acquisition company, announced today that they have mutually agreed to terminate their previously announced business combination agreement (the “Business Combination Agreement”), effective immediately.
  • Neither party will be required to pay the other a termination fee as a result of the mutual decision to terminate the business combination agreement.
  • In view of the termination of the Business Combination Agreement, AAC determined that it will not be able to consummate an initial business combination within the time period required by its amended and restated memorandum and articles of association (as amended, the “Articles”).
  • As of November 6, 2023, AAC will cease all operations except those required to wind up AAC’s business.

Energy Northwest and X-energy Sign Joint Development Agreement for Xe-100 Advanced Small Modular Reactor Project

Retrieved on: 
Wednesday, July 19, 2023

Energy Northwest, a premier provider of carbon-free electricity, and X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the signing of a joint development agreement (“JDA”) for up to 12 Xe-100 advanced small modular reactors in central Washington capable of generating up to a total of 960 megawatts of carbon-free electricity.

Key Points: 
  • Energy Northwest, a premier provider of carbon-free electricity, and X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the signing of a joint development agreement (“JDA”) for up to 12 Xe-100 advanced small modular reactors in central Washington capable of generating up to a total of 960 megawatts of carbon-free electricity.
  • Under the JDA, the Xe-100 project is expected to be developed at a site controlled by Energy Northwest adjacent to Columbia Generating Station.
  • Energy Northwest and X-energy have engaged extensively on plans for an Xe-100 facility in central Washington since 2020.
  • The JDA defines and details the scope, location, and schedule under which the commercial development of the project will move forward.

EVCS To Expand Service in Washington State with 52 Fast Chargers Across 21 Locations

Retrieved on: 
Tuesday, May 16, 2023

The multi-month project expected to culminate by the end of 2023 will add 52 new DC fast chargers across 21 locations.

Key Points: 
  • The multi-month project expected to culminate by the end of 2023 will add 52 new DC fast chargers across 21 locations.
  • EVCS is excited to announce that construction has commenced to expand its network footprint across Washington State.
  • EVCS continues to deliver on its commitment to support EV adoption in Washington State, building upon its 12 original charging locations as part of the West Coast Electric Highway acquisition.
  • With help from the ZEVIP grant, we're able to address these issues for Washington EV drivers, making EV adoption more seamless."

Curtiss-Wright and X-energy Sign Preferred Strategic Supplier Agreement to Advance the Deployment of the Xe-100 Generation IV Advanced Small Modular Reactor

Retrieved on: 
Thursday, September 15, 2022

This effort will leverage the Companys broad and long-standing expertise in nuclear power generation technologies to develop components and systems to support the new advanced reactor market.

Key Points: 
  • This effort will leverage the Companys broad and long-standing expertise in nuclear power generation technologies to develop components and systems to support the new advanced reactor market.
  • In addition, and subsequent to its selection in the competitive bid process, Curtiss-Wright committed to a minority equity stake in X-energy, supporting the company in its deployment of market-leading small modular nuclear reactor technology.
  • Our teams will closely work together to apply the best technology available to this new generation of carbon-free energy.
  • X-energy's Xe-100 is a Generation IV, High-Temperature Gas-cooled Reactor built on decades of research, development, and operating experience.

Curio and Energy Northwest Sign MOU as Used Nuclear Fuel Recycling Industry Partners

Retrieved on: 
Wednesday, July 6, 2022

WASHINGTON, July 6, 2022 /PRNewswire/ -- Curio today announced the signing of a Memorandum of Understanding (MOU) with Energy Northwest as an industry partner and potential off-taker of products produced through Curio's NuCycle™ nuclear waste recycling process. This MOU is part of Curio's plans to deploy the Nation's first state-of-the-art commercial nuclear fuel recycling facility that will provide a variety of in-demand commodities and products including domestically produced low-enriched uranium (LEU) nuclear fuel for the current U.S. fleet of nuclear reactors as well as HALEU (high-assay low-enriched uranium) and transuranic based TRUfuel™ for advanced reactors under development.

Key Points: 
  • Only approximately 4% of the energy value of our Nation's commercial light water reactor used fuel has been utilized.
  • "Energy Northwest is excited to partner with Curio and explore the promising potential to recycle used low-enriched uranium fuel, which would represent a game-changing development for the future of the commercial nuclear energy industry.
  • The development of Curio's NuCycle recycling process would be an invaluable tool as we embark on a promising new phase for carbon-free nuclear energy, and Energy Northwest is proud to be a partner in this important undertaking," said Bob Schuetz, Chief Executive Officer of Energy Northwest.
  • With NuCycle, Curio will be able to dramatically reduce the quantity of radioactivenuclearwaste and create a new and unprecedented standard for nuclear used fuel recycling across the globe.