NuScale Power Corporation and Utah Associated Municipal Power Systems mutually terminate six-reactor, 462 MW small modular nuclear project in the face of price increases.
The North American Electric Reliability Corporation’s annual Winter Reliability Assessment warns large portion of North American grid at risk of insufficient supplies during peak winter conditions. Much of eastern half of the U.S at risk.
EV maker Polestar says it will make an EV with fast-charging, semi-solid-state battery cells from tech firm StoreDot that can be charged to offer 100 miles of range in five minutes. Polestar 5 prototype planned for next year.
Volkswagen again setting sites on affordable EV for U.S. market at under $35,000 – to be made in either in the U.S. or Mexico. VW has tried unsuccessfully before to reach that threshold. New model not expected to arrive until 2026/27.
Pacific Gas & Electric submits application to Nuclear Regulatory Commission to extend Diablo Canyon nuclear plant operation as far out as 2045. PG&E originally planned to shut twin reactors – providing about 9% of California’s electricity – in 2024 and 2025.
Voters in Texas approve constitutional amendment authorizing $10 bn Texas Energy Fund offering low-interest loans to build gas-fired power plants, develop microgrids and upgrade parts of the grid. It’s a recognition that energy-only markets and scarcity prices during tight supply aren’t by themselves sufficient for ensuring system reliability.
Virgin Atlantic receives permit from the UK’s Civil Aviation Authority for first-ever transatlantic flight powered by 100% sustainable aviation fuel (SAF). The flight – from London’s Heathrow to New York’s JFK – is expected to take place November 28th.
