Nuclear reactor bid details revealed
CTV says the Atomic Energy of Canada Ltd. documents suggest the federally owned firm is concerned about going over budget if it's selected. Also bidding are Areva Group of France and U.S.-based Westinghouse Electric Co.
The documents say there's a risk the firm could encounter large cost overruns, which could be passed on to taxpayers, and conditions imposed by Ottawa resulted in AECL submitting a high bid.
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DOE Announces $34 Million to Improve America?s Power Grid
WASHINGTON - The U.S. Department of Energy (DOE) has earmarked $34 million for 12 innovative projects across 11 states to bolster and modernize the nation’s power grid.
Under the Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security (GOPHURRS) program, this funding is focused on developing efficient and secure undergrounding technologies. The initiative is aligned with President Biden’s vision to strengthen America's energy infrastructure, thereby creating jobs, enhancing energy and national security, and advancing towards a 100% clean electricity grid by 2035.
U.S. Secretary of Energy Jennifer M. Granholm emphasized the criticality of modernizing the power grid to facilitate a future…