U.S. Department of Energy Announces First Awards under Advanced Reactor Demonstration Program

LCG, October 16, 2020--The U.S. Department of Energy (DOE) this week announced it has selected two U.S.-based teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP).

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PSEG Files Application to Extend Zero Emission Certificates (ZECs) for New Jersey's Carbon-Free Nuclear Power Facilities

LCG, October 2, 2020--PSEG yesterday filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey's largest carbon-free source of electricity and to help New Jersey achieve its clean energy goal of 100 percent carbon-free energy supply by 2050.

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Industry News

TXU's Plans to Build Nuclear Reactors Gains Momentum

LCG, March 15, 2007--Mitsubishi Heavy Industries Ltd. announced yesterday that it has received an order for two nuclear reactors from TXU Corp. TXU notified the U.S. Nuclear Regulatory Commission (NRC) of the selection late last week. Mitsubishi plans to submit its application to receive the reactor design certification from the NRC by the end of 2007.

The order is for two US-APWRs, Mitsubishi's new pressurized water reactor. The generating capacity of each reactor is 1,700 MW. The new reactors, targeted to be built near Dallas, are scheduled to commence commercial operations between 2015 and 2020.

TXU announced in late February that it had executed an agreement to be acquired for $32 billion by private equity firms led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group.

Last September TXU announced its plan to file applications with the NRC for combined Construction and Operating Licenses (COLs) for one to three sites, with a combined electric generating capacity of up to 6 GW. TXU expected to submit the applications in 2008.

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