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Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […] The post Vistra to Acquire 2.6 GW Gas Fleet for $1.9B, Citing Surging U.S.…

In a critical step aimed at bolstering advanced reactor development and their domestic nuclear fuel readiness, the U.S. Department of Energy (DOE) has issued its first round of allocations for high-assay low-enriched uranium (HALEU) under its HALEU Availability Program to five American nuclear developers. On April 9, the DOE said it made conditional commitments to […] The post DOE Allocates First Round of HALEU to Five U.S. Advanced Nuclear Reactor…

Advanced reactor developer X-energy and global materials science company Dow have submitted a construction permit application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) for a first-of-its-kind small modular reactor (SMR) project at Dow’s Union Carbide Corp. (UCC) Seadrift Operations in Calhoun County, Texas. The filing marks a major step forward for the much-watched commercial-scale […] The post Dow and X-energy Advance Landmark Nuclear Project in Texas With Construction Permit…