Fluor (NYSE: FLR), after raising $40M, seeking more NuScale investors
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The controversial future of nuclear power in the U.S. National Geographic, 5 May 21, ”……………. In the U.S., a company called NuScale has recently received design certification approval from the Nuclear Regulatory Commission for its SMR, the first and only company to do so. Its reactor is a miniaturized version of a traditional reactor, in which pressurized water cools the core where nuclear fission is taking place. But in the NuScale design, the whole reactor is itself immersed in a pool of water designed to protect it from accidental meltdown.
NuScale hopes to build 12 of these reactors to produce 720 megawatts at the Idaho National Laboratory as a pilot project. It’s been supported by the U.S. Department of Energy, which has approved up to $1.4 billion to help demonstrate the technology. NuScale plans to sell the plant to an energy consortium called Utah Associated Municipal Power Systems.
The controversial future of nuclear power in the U.S.
As the climate crisis worsens, the discussion intensifies over what role nuclear power should play in fighting it.
ByLois Parshley
Email
President Joe Biden has set ambitious goals for fighting climate change: To cut U.S. carbon emissions in half by 2030 and to have a net-zero carbon economy by 2050. The plan requires electricity generation the easiest economic sector to green, analysts say to be carbon-free by 2035.
Where is all that clean electricity going to come from?
A few figures from the U.S. Energy Information Administration (EIA) illustrate the challenge. In 2020 the United States generated about four trillion kilowatt-hours of electricity. Some 60 percent of that came from burning fossil fuels, mostly natural gas, in some 10,000 generators, large and small, around the country. All of that electricity will need to be replaced and more, because demand for electricity is expected to rise, especially if we power more c
Monday, 19 April 2021 Navajo Nation President Jonathan Nez, Council Delegate Charlaine Tso, and Miss Navajo Nation Shaandiin Parrish gathered together to finalize a lease agreement with Navajo Tribal Utility Authority for the development of the Red Mesa Tapaha Solar Generation Plant, which will produce 70-megawatts of emissions-free solar energy once construction is completed in the community of Red Mesa, Ariz.
“This is another milestone for the Navajo Nation as we continue to transition to clean emissions- free renewable energy for our communities and in the open market. Our communities were once heavily dependent on fossil fuel energy, but now we are seeing change happen. When we took office in 2019, we had a vision to pursue and prioritize clean renewable energy development for the long-term benefit of the Navajo people. We signed the Hayoołkaał proclamation, which outlined our vision for a clean and renewable energy future for the Navajo Nation. Today, we take another ste
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