Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
Saturday, January 6, 2024
Joseph Hendrie, 98, Dies; Key Figure in the Three Mile Island Crisis - The Union Journal
Joseph Hendrie, 98, Dies; Key Figure in the Three Mile Island Crisis - The Union Journal: Joseph M. Hendrie, a prominent physicist and former leader of the Nuclear Regulatory Commission during the infamous Three Mile Island nuclear power disaster —
Helion aims to achieve fusion energy breakthrough by mid-2024, revolutionizing power sector: S&P
Helion aims to achieve fusion energy breakthrough by mid-2024, revolutionizing power sector: S&P: According to S&P Global Commodity Insights (GCI), fusion energy holds the promise of providing an essentially unlimited source of zero-carbon baseload power, derived from the same thermonuclear reaction that powers the sun, without the drawbacks associated with conventional nuclear reactors.
Fusion energy industry anticipates electric power breakthrough by summer | S&P Global Commodity Insights
Fusion energy industry anticipates electric power breakthrough by summer | S&P Global Commodity Insights: Private investment surges to $6 billion to date NRC drafting first fusion plant regulations The new year is expected to bring major progress toward the commercialization of fusion based power plants b
Joseph Hendrie, 98, Dies; Key Figure in the Three Mile Island Crisis - The New York Times
Joseph Hendrie, 98, Dies; Key Figure in the Three Mile Island Crisis - The New York Times: He was chairman of the Nuclear Regulatory Commission in 1979, when America faced its worst nuclear power mishap in history.
$270 Billion in Trade Rests on Finding a Fix to the Panama Canal - Bloomberg
$270 Billion in Trade Rests on Finding a Fix to the Panama Canal - Bloomberg: A combination of climate change and infrastructure is to blame for critical shipping delays at the canal.
NuScale Lays off 40% of its Staff | Neutron Bytes
NuScale Lays off 40% of its Staff | Neutron Bytes: According to reports in the Huffington Post and the Oregonian newspaper, NuScale laid off 40% of its over 500 employees on Friday January 5th. The Huffington Post cited a recording of a virtual mee…
Nuclear power entering 'boom era' on traditional energy woes
Nuclear power entering 'boom era' on traditional energy woes: On today’s installment of Good Buy or Goodbye, nuclear energy is in focus as rising costs and geopolitical tensions put a strain on traditional energy sources. VettaFi Financial Futurist Dave Nadig joins Yahoo Finance's Julie Hyman to discuss what investors should be considering in the energy sector. Nadig predicts a “boom era” for uranium supplies as tax cuts and subsidies in various countries accommodate a shift to nuclear energy. He takes a closer look at the VanEck Uranium+Nuclear Energy ETF (NLR). “Nuclear is increasingly looking like the solution," Nadig insists, who sees various industries relying on nuclear energy, specifically in the areas that require computing power such as electric vehicles and AI systems. Nadig advises investors to avoid the Energy Select Sector SPDR Fund (XLE) due to the various challenges that could leave many at a loss. Nadig views the ongoing disputes in the Middle East and South America are “not good for anybody” as the impact on production and costs become increasingly problematic. "It's going to be another year or two at least before demand catches up to the over-supply," Nadig says on slowing growth for the broader energy market and the XLE Cli
Mass Layoffs At Pioneering Nuclear Startup | HuffPost Impact
Mass Layoffs At Pioneering Nuclear Startup | HuffPost Impact: NuScale is the second major U.S. reactor company to cut jobs in recent months.
Natural Gas, WTI Oil, Brent Oil Forecasts - Oil Gains Ground Amid Rising Tensions In The Middle East
Natural Gas, WTI Oil, Brent Oil Forecasts - Oil Gains Ground Amid Rising Tensions In The Middle East: Oil traders focus on geopolitical developments ahead of the weekend.
Norway trials first-ever subsea floating offshore wind tech
Norway trials first-ever subsea floating offshore wind tech: Revolutionizing offshore wind! Subsea Collector slashes costs by 10%, redefining how floating wind farms operate.
Southwestern, Chesapeake Energy close to merger, creating $17 billion U.S. natural gas company
Southwestern, Chesapeake Energy close to merger, creating $17 billion U.S. natural gas company: The acquisition would make Chesapeake’s gas production larger than its biggest rival, EQT Corp., and expand its holdings in two key gas drilling regions: the Marcellus basin in Appalachia and the Haynesville basin in Louisiana and East Texas.
This multinational tech giant will use hydrogen fuel powered warehouse vehicles - H2 News
This multinational tech giant will use hydrogen fuel powered warehouse vehicles - H2 News: The company believes that H2 will provide a sustainable option for keeping its forklifts running. Amazon is developing a strategy for the production of hydroge
Uranium price hits new post-Fukushima high - MINING.COM
Uranium price hits new post-Fukushima high - MINING.COM: Uranium hit $91 per lb. this week, another record since triple-digit prices in 2007.
Friday, January 5, 2024
Biden Administration To Purchase More Oil For SPR | OilPrice.com
Biden Administration To Purchase More Oil For SPR | OilPrice.com: The Department of Energy’s Office of Petroleum Reserves has announced a solicitation for the purchase of up to 3 million barrels of crude oil for the nation’s Strategic Petroleum Reserves
NuScale Lays off 40% of its Staff | Neutron Bytes
NuScale Lays off 40% of its Staff | Neutron Bytes: According to reports in the Huffington Post and the Oregonian newspaper, NuScale laid off 40% of its over 500 employees on Friday January 5th. The Huffington Post cited a recording of a virtual mee…
Gas prices average below $3 in many states | The Hill
Gas prices average below $3 in many states | The Hill: Much of the country is seeing gasoline prices drop below $3 per gallon — good news for consumers and the White House. While the national average was sitting at around $3.09 per gallon Friday, 30 states had prices averaging below $3 per gallon, according to AAA. Prices have been on a downward trend in recent…
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