CFPP

Nuclear Power Back in Vogue as Governments Pursue Viable Energy Alternatives

Retrieved on: 
Monday, January 23, 2023

NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Nuclear power is back at the center of attention as an effective method for combating climate change. In addition to the support governments around the world have shown for the industry in recent years, private investors and market movers are now getting involved. Furthermore, celebrities and major movie directors are now working on destigmatizing nuclear energy. For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos. According to the New York Times, the screening, "was packed — to the point of attendees sitting on the floor." Mr. Stone reasoned that the appetite for his film comes from a lack of alternative solutions, "Despite our investments in renewables, it's not improving our carbon emissions because we haven't tackled the core issue — eliminating fossil fuels," he told DealBook. "Climate change has forced us to take a new look at nuclear power." NuScale Power Corporation (NYSE: SMR), Brookfield Business Partners L.P. (NYSE: BBU), BWX Technologies, Inc. (NYSE: BWXT), Rolls Royce Holdings plc (OTC: RYCEY), Northrop Grumman Corporation (NYSE: NOC).

Key Points: 
  • For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos.
  • Meanwhile, France, a country that famously reliant on nuclear power for its energy needs, saw its nuclear industry underperform during the recent energy crisis, with long maintenance outages and an ageing fleet blamed for the deficit.
  • NANO Nuclear Energy Inc. announced back in November that it has appointed Dr. Ian Farnan as Lead for Nuclear Radiation and Materials.
  • Chair of Cambridge Nuclear Energy Centre and Professor of Earth & Nuclear Materials, Dr. Farnan is an expert in the effect of nuclear radiation on materials from nuclear fuels and claddings to waste forms.

Nuclear Power Back in Vogue as Governments Pursue Viable Energy Alternatives

Retrieved on: 
Monday, January 23, 2023

NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Nuclear power is back at the center of attention as an effective method for combating climate change. In addition to the support governments around the world have shown for the industry in recent years, private investors and market movers are now getting involved. Furthermore, celebrities and major movie directors are now working on destigmatizing nuclear energy. For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos. According to the New York Times, the screening, "was packed — to the point of attendees sitting on the floor." Mr. Stone reasoned that the appetite for his film comes from a lack of alternative solutions, "Despite our investments in renewables, it's not improving our carbon emissions because we haven't tackled the core issue — eliminating fossil fuels," he told DealBook. "Climate change has forced us to take a new look at nuclear power." NuScale Power Corporation (NYSE: SMR), Brookfield Business Partners L.P. (NYSE: BBU), BWX Technologies, Inc. (NYSE: BWXT), Rolls Royce Holdings plc (OTC: RYCEY), Northrop Grumman Corporation (NYSE: NOC).

Key Points: 
  • For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos.
  • Meanwhile, France, a country that famously reliant on nuclear power for its energy needs, saw its nuclear industry underperform during the recent energy crisis, with long maintenance outages and an ageing fleet blamed for the deficit.
  • NANO Nuclear Energy Inc. announced back in November that it has appointed Dr. Ian Farnan as Lead for Nuclear Radiation and Materials.
  • Chair of Cambridge Nuclear Energy Centre and Professor of Earth & Nuclear Materials, Dr. Farnan is an expert in the effect of nuclear radiation on materials from nuclear fuels and claddings to waste forms.

NuScale Reaches Key Milestone in the Development of the Carbon Free Power Project

Retrieved on: 
Monday, January 9, 2023

NuScale Power Corporation (NYSE: SMR) announced today that the Project Management Committee (PMC) for the Carbon Free Power Project (CFPP) reaffirmed its commitment to NuScale’s industry-leading small modular reactor (SMR) technology by approving a new Budget and Plan of Finance (BPF) and an update to the Development Cost Reimbursement Agreement (DCRA).

Key Points: 
  • NuScale Power Corporation (NYSE: SMR) announced today that the Project Management Committee (PMC) for the Carbon Free Power Project (CFPP) reaffirmed its commitment to NuScale’s industry-leading small modular reactor (SMR) technology by approving a new Budget and Plan of Finance (BPF) and an update to the Development Cost Reimbursement Agreement (DCRA).
  • This key milestone was reached with the receipt and acceptance of the CFPP’s Class 3 Project Cost Estimate (PCE), which further refines the anticipated total cost of the project.
  • The CFPP will be the first NuScale Power SMR power plant to begin operation in the United States near Idaho Falls, Idaho, at the U.S. Department of Energy’s Idaho National Laboratory.
  • NuScale and the CFPP have yet to execute the amendment to the DCRA adopting the new price target.

COP 27 Egypt: PLN shares its biomass co-firing implementation in coal power plants

Retrieved on: 
Tuesday, November 8, 2022

In the power sector, PT PLN (Persero) will begin to gradually early retire Coal Fired Power Plant (CFPP).

Key Points: 
  • In the power sector, PT PLN (Persero) will begin to gradually early retire Coal Fired Power Plant (CFPP).
  • Meanwhile, to reduce emissions from existing operational CFPPs, PLN has implemented biomass co-firing technology.
  • PLN Director of Transmission and System Planning, Evy Haryadi, has explained that PLN is implementing co-firing technology at 33 CFPPs.
  • The Government also supports local stakeholders to manage municipal waste to be converted to biomass feedstock for PLN co-firing.

MHI and Indonesia Power Jointly Investigate Co-Firing with Hydrogen, Biomass and Ammonia in Power Plants Across Indonesia

Retrieved on: 
Wednesday, November 2, 2022

PLN (Persero) (PLN), yesterday concluded a Memorandum of Understanding (MoU) to commence three feasibility studies on co-firing less carbon intensive fuels at power plants owned and operated by Indonesia Power.

Key Points: 
  • PLN (Persero) (PLN), yesterday concluded a Memorandum of Understanding (MoU) to commence three feasibility studies on co-firing less carbon intensive fuels at power plants owned and operated by Indonesia Power.
  • The three studies will be conducted jointly by Indonesia Power and MHI with support from its power solutions brand, Mitsubishi Power, and will aid in the advancement of solutions to accelerate the decarbonization of energy systems in Indonesia.
  • The second study, which will also use Suralaya CFPP as the reference plant, will investigate co-firing of ammonia produced by existing ammonia plants in Indonesia.
  • Since 1971, MHI's power solutions brand Mitsubishi Power has been supporting PLN and Indonesia Power with solutions for power plants across the country, including the Tanjung Priok, Suralaya and Grati power plants.

Long list achievement of PLN enabling energy transition in Indonesia

Retrieved on: 
Wednesday, November 2, 2022

PLN prepared to lead energy transition in Indonesia by presenting roadmap towards Net Zero Emission 2060.

Key Points: 
  • PLN prepared to lead energy transition in Indonesia by presenting roadmap towards Net Zero Emission 2060.
  • In addition to early retirement, PLN has decreased the capacity of CFPP at Corporate plan (RUPTL) from 27 GW to 13.9 GW.
  • "Us, in PLN committed to support government's program to actualized clean energy.
  • Since 2021, PLN has delivered ~1.5 TWh of green energy to +230 stakeholders such as SOEs, Government, Business, and Industry players.

The Indonesia Ministry of SOEs Supports PLN's Breakthrough to Accelerate the Clean Energy Transition in Indonesia

Retrieved on: 
Wednesday, October 26, 2022

The President Director of PLN Darmawan Prasodjo welcomes the government's support to make the energy transition successful, especially to follow the NZE 2060 target.

Key Points: 
  • The President Director of PLN Darmawan Prasodjo welcomes the government's support to make the energy transition successful, especially to follow the NZE 2060 target.
  • This means, continued Darmawan, PLN is ready to lead the energy transition in Indonesia.
  • To do so, the Ministry of SOEs is not only encouraging PLN to support the NZE effort, but also all SOEs must contribute to the initiative.
  • The energy transition must be carried out based on the transformation desired by Indonesia," said Erick Thohir, Minister of State-Owned Enterprises (SOEs), during the SOE International Conference in Bali (17/10).

NuScale Power and Doosan Sign Agreement to Begin SMR Production

Retrieved on: 
Monday, April 25, 2022

NuScale Power LLC (NuScale) and Doosan Enerbility Co., Ltd. (Doosan) announced through a signed agreement that Doosan will begin production of forging materials for NuScales Small Modular Reactors (SMRs) as early as 2022, with expectations for full-scale equipment manufacturing by the latter half of 2023.

Key Points: 
  • NuScale Power LLC (NuScale) and Doosan Enerbility Co., Ltd. (Doosan) announced through a signed agreement that Doosan will begin production of forging materials for NuScales Small Modular Reactors (SMRs) as early as 2022, with expectations for full-scale equipment manufacturing by the latter half of 2023.
  • Specifically, Doosan, a Korean industrials and energy company, will begin production of forging dies for NuScales Upper Reactor Pressure Vessel, marking the start of NuScale Power Module production.
  • Doosan Enerbility has continuously solidified a strategic cooperative relationship with NuScale Power and has made full preparation for SMR manufacturing, said Geewon Park, Chairman and Chief Executive Officer of Doosan Enerbility.
  • This milestone builds upon NuScale and Doosans existing relationship, which began in 2019 when Doosan made its initial investment in NuScale.

NuScale Power Unveils Name of Flagship SMR Plants as the Company Approaches Commercialization

Retrieved on: 
Thursday, December 2, 2021

NuScales VOYGR SMR plants are second-to-none with features and capabilities not found in current nuclear power facilities for customers that seek carbon-free, highly reliable power for critical infrastructure and industry processes.

Key Points: 
  • NuScales VOYGR SMR plants are second-to-none with features and capabilities not found in current nuclear power facilities for customers that seek carbon-free, highly reliable power for critical infrastructure and industry processes.
  • I am incredibly excited to announce the name of our small modular reactor power plants, VOYGR, which will accelerate our worlds transition to a clean economy while fighting climate change, said John Hopkins, Chairman and CEO of NuScale Power.
  • NuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, hydrogen production and other process heat applications.
  • The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 70-year history in commercial nuclear power.

Atlas Continues Work on the Carbon Free Project Located at the Idaho National Laboratory’s Desert Campus

Retrieved on: 
Tuesday, November 30, 2021

Atlas is pleased to be part of this groundbreaking effort to provide affordable and clean energy - one of 17 United Nations Sustainable Development Goals.

Key Points: 
  • Atlas is pleased to be part of this groundbreaking effort to provide affordable and clean energy - one of 17 United Nations Sustainable Development Goals.
  • Atlas professionals are monitoring the drilling operations of seven deep exploration drill rigs and taking samples of materials during drilling operations.
  • Atlas team of professional engineers and geologists then logs all the samples taken and transports them to a long-term storage facility provided by the INL.
  • Atlas is committed to prioritizing safety and a healthy, hazard-free work environment for all who operate in, visit, or enter their facilities and job sites.