EUR/USD 1.03731
-0.148%
Gold 2800.84
0.239%
Oil 72.770
-0.203%
USD/JPY 155.090
0.513%
GBP/USD 1.23994
-0.147%
GBP/JPY 192.300
0.411%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
As of 9:00 a.m. today (February 1), Railway 12306 has sold a total of 420 million tickets during the Spring Festival travel rush, and the system is operating smoothly.On February 1, Xpeng Motors: A total of 30,350 new cars were delivered in January 2025, a year-on-year increase of 268%. Xpeng Motors has delivered more than 30,000 units for three consecutive months, Xpeng MONA M03 has delivered more than 15,000 units for two consecutive months, and Xpeng P7+ has been on the market for two months, with cumulative deliveries exceeding 20,000 units.February 1, according to Japan Jiji News Agency, on January 31, Japanese Prime Minister Shigeru Ishiba expressed concern about the US decision to withdraw from the World Health Organization at a meeting of the Budget Committee of the House of Representatives of the Diet. Shigeru Ishiba said that the United States has played a key role in global health so far, and Japan does not welcome the United States approach to weakening this role.Xiaomi Auto: In January 2025, the delivery volume of Xiaomi SU7 exceeded 20,000 units again. The delivery volume has exceeded 20,000 units for four consecutive months, and the annual delivery target for 2025 is 300,000 units.Li Auto (LI.O): Delivered 29,927 vehicles in January 2025. As of January 31, 2025, Li Autos cumulative deliveries reached 1,163,799 vehicles.

U.S. Extends Deadline For Nuclear Power Rescue Program Applications

Haiden Holmes

May 19, 2022 10:08

N2.png


The U.S. Department of Energy announced on Wednesday that the deadline for nuclear power reactors to apply for federal assistance to keep them operational has been extended by 47 days, until July 5.


The program's initial phase aims to preserve two factories in California and Michigan. More than half of the country's carbon-free electricity is generated by the nuclear industry, which is why the Biden administration wishes to keep nuclear plants operational.


Two industry trade groups, Edison Electric Institute and Nuclear Energy Institute, requested the extension on behalf of their members in a letter to Energy Secretary Jennifer Granholm two days before the DOE's action.


Kathryn Huff, assistant secretary for nuclear energy at the Department of Energy, stated, "We received a request to extend the application period, which could keep at-risk reactors running and provide much-needed clean power to the grid."


Under the concept, known as the Civilian Nuclear Credit (CNC) program, owners of nuclear reactors slated for retirement would receive preference for the initial $6 billion in funding. The money for the CNC is derived from the infrastructure statute enacted last year.


The Michigan Palisades facility of Entergy Corp (NYSE:ETR), which may be eligible, is scheduled to close on May 31.


Entergy stated in an email that it was committed to closing the plant after CEO Leo Denault stated in an April earnings call that there are "major technical and commercial obstacles" to changing course at this time.


Denault stated at the time that Entergy would collaborate with "any eligible party interested in owning the plant and receiving federal funds."


The PG&E (NYSE:PCG)-owned Diablo Canyon facility in California is planned to close in 2025. Tuesday, a corporate representative stated that the utility had not yet determined whether or not to apply for the cash.


Ken Cook, president of the Environmental Working Group, criticized CNC as a "waste of scarce resources" that impedes the transition of the nation and California to renewable electricity.

Suggestion