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Bill Gates’ Nuclear Reactor Company Adds Molten Salt Storage to Its SMR System

GreenTechMedia

TerraPower, founded by Gates in 2008, is developing two separate SMR technologies. TerraForm and GE Hitachi Nuclear Energy was selected to begin contract negotiations for the DOE’s VTR project. As is the case with all nuclear power, cost and construction timelines will be heavily scrutinized.

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ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

ComEd has defended EIMA, noting that it has led to a 70 percent improvement in grid reliability since 2012, and has allowed energy efficiency programs that have delivered $5 billion in savings to customers since 2008. Pritzker and state lawmakers have turned against ComEd’s efforts to extend the EIMA’s formula rates past 2024.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

MMBtu in 2022 – their highest annual level since 2008. Wind and solar reached a record high of 12% share of power generation with solar recording 25% and wind power 13.5% Coal remained the dominant fuel globally for power generation in 2022, with a stable share around 35.4%, down slightly from 35.8% growth in output.

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U.S. Coal Consumption Down 50% From Peak

R-Squared Energy

Regulations eventually reined in that problem, but coal-fired power plants still emit pollutants like mercury. They even emit more radioactive elements than a nuclear power plant. But, because of the various pollution issues associated with coal, most developed countries have moved away from coal-fired power.

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Business Secretary gives green light to Sizewell C nuclear project

Business Green

Business Secretary Kwasi Kwarteng has granted development consent for the Sizewell C nuclear power station on the coast of Suffolk, overruling the recommendations of the Planning Inspectorate on the grounds the power plant is set to play a critical part in decarbonising the UK's economy. "The

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National Infrastructure Commission to review 'slowed' consenting process for major infrastructure

Business Green

The existing planning framework for NSIPs was introduced in the Planning Act 2008, which made the Planning Inspectorate responsible for the administration of NSIP applications on behalf of the Secretary of State, who then makes the final decision on consent.

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IEA sketches out vision for $1tr a year global green stimulus

Business Green

The IEA said its plan was designed to avoid the kind of sharp rebound in carbon emissions that accompanied the economic recovery from the 2008-2009 financial crisis and instead put global emissions into structural decline.