The largest US nuclear plant owner Exelon said it may shut nuclear facilities to shore up its balance sheet if profits do not improve this year. Historically low natural gas prices and renewable energy sources have decreased the price the utility receives for the power it sells. “Exelon owns 10 nuclear power plants, six of… Keep reading →
Nuclear Plant
Energy News Roundup: Utility Searches for Direction in Turbulent US Energy Markets
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We will never sell or share your information without your consent. See our privacy policy.US Energy Secretary Ernest Moniz has alluded to the promise of small modular reactors (SMRs) multiple times over the past few months, noting that they may offer benefits in terms of financing, costs and security, but warning that realistic expectations suggest these reactors are unlikely to come onstream for almost a decade. “We remain very… Keep reading →