The Palisades Nuclear Generating Station in Covert, Mich.John Madill | The Herald-Palladium | APThe Palisades nuclear plant in Michigan has closed a $1.5 billion loan to support the first reactor restart in U.S. history, the Department of Energy announced Monday.Palisades' owner, Holtec International,...
A bulldozer moves coal that will be burned to generate electricity at the American Electric Power coal-fired power plant in Winfield, West Virginia.Luke Sharrett | Bloomberg | Getty ImagesThe planned restart of Three Mile Island is a step forward for nuclear power, but...
Rendering of a proposed Oklo commercial advanced fission power plant in the U.S.Courtesy: Oklo Inc.Nuclear startup Oklo is moving closer to initial construction of its first commercial microreactor, CEO Jacob DeWitte told CNBC in an interview.Oklo has received the greenlight from the Department...
Three Mile Island, the three-mile nuclear station near Harrisburg, Pennsylvania, has been closed since 2019. Now the island is set to reopen by 2028 to power Microsoft's data centers, which are foundational to the tech giant's AI...
A view of Oracle's headquarters in Redwood Shores, California, on Sept. 11, 2023.Justin Sullivan | Getty ImagesOracle chairman and co-founder Larry Ellison had a "bizarre" announcement to make this week.The electricity demand from artificial intelligence is becoming so "crazy" that Oracle is looking...
Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels.New designs called small modular reactors, or SMR in shorthand, promise to speed...