U.S. nuclear capacity factors: A smaller fleet invested in the future

May 13, 2022, 2:59PMNuclear NewsSusan Gallier

The United States has just 93 operating power reactors at this writing. The fleet last numbered 93 in 1985, when nuclear generation topped out at 383.69 TWh, less than half of the 778.2 TWh produced in 2021.

While the 93 reactors operating today have more capacity, on average, than in 1985, most of that increased productivity is down to operational improvements that pushed the fleet’s average capacity factor from just 57.5 percent in the three-year period 1984–1986 to near 90 percent by the early 2000s.

Kairos Power forms advisory consortium with four nuclear utility partners

April 20, 2022, 12:00PMNuclear News

Kairos Power announced today that it has assembled an advanced nuclear development advisory consortium with four North American nuclear operators—Bruce Power, Constellation, Southern Company, and the Tennessee Valley Authority—dubbed Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA).

NRC rescinds subsequent license renewals

March 1, 2022, 3:07PMNuclear News
Florida Power & Light’s Turkey Point nuclear plant.

In a major change to its subsequent license renewal process, the Nuclear Regulatory Commission last week ruled that reviews of SLR applications must rely on a more extensive environmental analysis than that provided by the agency’s Generic Environmental Impact Statement for License Renewal of Nuclear Plants (GEIS). According to the ruling, the GEIS, properly understood, does not cover the SLR period.

Exelon split completed; Constellation launched

February 2, 2022, 3:00PMNuclear News

Constellation, formerly Exelon Generation, owner and operator of the nation’s largest nuclear reactor fleet, announced this morning the completion of its separation from Exelon Corporation and its launch as a stand-alone, publicly traded company. Headquartered in Baltimore, Md., the new company began trading today on the Nasdaq Global Select Market under the symbol “CEG.”

Exelon announced last February that it had begun the effort to separate its utility businesses from its competitive power generation and customer-facing energy businesses.

Exelon Generation shares plans for future as Constellation

January 12, 2022, 9:30AMANS Nuclear Cafe

Exelon Generation—owner and operator of the nation’s largest power reactor fleet—held an online event yesterday outlining the company’s business strategy as it prepares to separate from Exelon Corporation under the name Constellation. The separation is expected to become final on February 1.

NRC okays license transfers for Exelon plants

November 18, 2021, 3:00PMNuclear News

The Nuclear Regulatory Commission has approved the indirect transfer of the licenses for 23 operating and five decommissioning reactors, as well as their associated independent spent fuel storage installations, from Exelon Corporation to a new company as part of a corporate restructuring, the agency announced yesterday.