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Innovation could spur the UK's nuclear renaissance

Business Green

As part of its approach to dealing with energy security concerns, the UK government has turned to nuclear power. While near-term targets look at expanding existing forms of nuclear power, the UK also has a strong commitment to developing the next generation of civil nuclear technologies.

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Energy Innovation Policy & Technology® and RMI Launch 48 U.S. State EPS Models

Energy Innovation

By Olivia Ashmoore This week, Energy Innovation Policy & Technology LLC® and RMI published 48 state Energy Policy Simulator (EPS) models. To illustrate how the EPS can inform state action, Energy Innovation® and RMI developed a five-policy scenario and modeled this policy package across six states. Bureau of Economic Analysis, U.S.

Policy 52
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Alberta Promises Cenovus $7 Million to Study Small Modular Nuclear Reactors

DeSmogBlog

Schulz was joined by Justin Riemer, CEO of Emissions Reduction Alberta (ERA), and Laura Kilcrease, CEO of Alberta Innovates. ERA’s Technology Innovation and Emissions Reduction (TIER) fund is financing the project. Cenovus says the study will take several years and cost a total of $26 million.

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Treasury Department Announces Second Round of Section 48C Tax Credit for Clean Energy Manufacturing Facilities

38 North Solutions

Special Consideration: Related to Battery Manufacturing: Similarly, if a battery manufacturing facility was constructed using 48C, then it is ineligible for the Section 45X (advanced manufacturing credit). However, this would only apply to the facility in question, meaning a company could use 48Cfor one facility, and 45X for another.

Energy 64
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A Nordic energy giant shows how a carbon turnaround happens

Business Green

The company recorded profits of $2.74bn in 2020, with many new projects in the pipeline in the coming decade - including large developments in solar power, onshore wind and green hydrogen. "I France built nuclear power. Iceland tapped geothermal. The US ultimately found fracking.

Carbon 100
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Energy White Paper: Government unveils plan for 'decisive and permanent' shift away from fossil fuels

Business Green

The government has unveiled further details of its hotly-anticipated vision for the UK's net zero transition, signalling a major overhaul of Britain's energy market to scale up renewables, clean heating, nuclear, energy efficiency, carbon capture, and hydrogen technologies over the coming decade and beyond.

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The good, the bad, and the ugly: Your essential guide to the Energy Security Strategy

Business Green

Nuclear targets increased to 24GW by 2050. Arguably the biggest change from the UK's previous energy plans is the Strategy's goal to deliver 24GW of nuclear power capacity by 2050, which it said would result in around 25 per cent of UK electricity demand being met by a major fleet of both large and small new reactors.

Energy 36