Archive

NextEra

  • Virginia commission adds hearings on NextEra, Dominion merger

    The Virginia State Corporation Commission has added two new  in-person hearings in November to hear more from the public about NextEra Energy’s proposal to merge with Dominion Energy. The commission previously ordered a hearing to discuss the proposed $67 billion merger between the two utility holding companies on Nov. 5. However, it announced Sept. 9 […]

  • DOE makes $1.9 billion loan for NextEra’s Duane Arnold restart

    The Department of Energy’s Office of Energy Dominance Financing issued a loan worth up to nearly $2 billion to NextEra Energy to help with efforts to restart the Duane Arnold nuclear plant in Iowa. The $1.9 billion loan is the largest yet that DOE has issued to help revive a nuclear power plant. The former […]

  • DOE issues $1.9 billion loan for NextEra’s Duane Arnold restart

    The Department of Energy’s Office of Energy Dominance Financing issued a near $2 billion loan to NextEra Energy to help with efforts to restart the Duane Arnold nuclear plant in Iowa. The $1.9 billion loan is the largest yet that DOE has issued to help revive a nuclear power plant. The former Three Mile Island […]

  • NRC weighs action on licenses in NextEra, Dominion proposed merger

    The Nuclear Regulatory Commission (NRC) is reviewing an application that would indirectly transfer four Dominion Energy nuclear plant licenses to a NextEra Energy subsidiary as part of the companies’ proposed merger. The public may request for a hearing about the indirect transfer of the licenses by Sept. 16. Comments about the transfer application are due […]

  • NRC weighs indirect transfer of licenses in NextEra, Dominion proposed merger

    The Nuclear Regulatory Commission (NRC) is reviewing an application from NextEra Energy and Dominion Energy that would indirectly transfer four Dominion-operated nuclear plant licenses to a NextEra subsidiary as part of the companies’ proposed merger. The public may request for a hearing about the indirect transfer of the licenses by Sept. 16. Comments about the […]

  • NRC finds no significant environmental harm in Duane Arnold’s restart

    The Nuclear Regulatory Commission Monday issued a draft environmental assessment (EA) finding of no significant impact (FONSI) for NextEra Energy’s Duane Arnold Energy Center in Iowa. With the issuance of the draft environmental documents, NRC is also seeking public input, according to the Federal Register notice. The comment period closes on Sept. 2. According to […]

  • NextEra, Dominion merger should close in late 2027

    While the combination is drawing some resistance, NextEra Energy and Dominion Energy are projecting that their proposed $67 billion merger, announced in May, will be final by fall 2027. The merger effort took a new twist Thursday when Virginia Gov. Abigail Spanberger (D) used  an opinion piece in the Washington Post to announce she will […]

  • NRC preliminarily finds no significant environmental harm in Duane Arnold’s proposed restart

    The Nuclear Regulatory Commission has issued a draft environmental assessment (EA) finding of no significant impact (FONSI) for NextEra Energy’s Duane Arnold Energy Center in Iowa Monday. With the issuance of the draft environmental documents, NRC is also seeking public input on the regulatory matters, according to the Federal Register notice. The comment period closes […]

  • Round Up: NextEra gains full ownership of Duane Arnold; Terrestrial Energy adds to front office; NRC plans webinars

    NextEra has acquired the remaining 30% minority stake in its Duane Arnold Energy Center as the sole Iowa nuclear power plant prepares to come back online by 2029, the utility said July 24. According to NextEra’s second quarter 2026 financial results press release, the utility bought the remaining minority stake from two companies, Central Iowa […]

  • Environmental group challenges NextEra, Dominion merger in Virginia over ‘incomplete application’

    A Virginia-based environmental group claims Florida-based NextEra Energy’s merger plan with Richmond, Va.-based Dominion Energy is incomplete and seeks to challenge the acquisition. On Monday, Clean Virginia said in a press release the merger petition, as it is currently written, is incomplete and that the companies need to complete their application. It urged a Virginia […]

  • Environmental group challenges NextEra, Dominion merger in Virginia over ‘incomplete application’

    A Virginia-based environmental group claims Florida-based NextEra Energy’s merger with Richmond, Va.-based Dominion Energy is incomplete and seeks to challenge the acquisition. On Monday, Clean Virginia said in a press release the merger petition, as it is currently written, is incomplete and that the companies need to complete their application. It urged a Virginia state […]

  • NextEra to buy Dominion Energy; creating major nuke-owning power company

    NextEra’s proposed purchase of Dominion Energy would create a nuclear power giant, with eight active plants between the utilities and a nith that might be restarted. NextEra said on Monday that it will purchase Dominion Energy for nearly $67 billion to combine two of the largest utilities in the United States. According to the companies’ […]

  • NextEra to buy Dominion Energy for nearly $67 billion

    NextEra Energy said on Monday that it will purchase Dominion Energy for nearly $67 billion to combine two of the largest utilities in the United States. According to the companies’ joint press release, the transaction was unanimously approved by both the Dominion and NextEra boards and is expected to close in 12 to 18 months. […]

  • St. Lucie Nuclear Plant gets NRC nod to operate for 20 more years

    The Nuclear Regulatory Commission (NRC) approved the second license renewals for Florida Power and Light’s St. Lucie Nuclear Plant Units 1 and 2 in Jensen Beach, Fla. on Tuesday. The subsequent license renewal extends operations through 2056 for Unit 1 and 2063 for Unit 2. NextEra Energy’s subsidiary Florida Power and Light said in a […]

  • St. Lucie Nuclear Plant gets NRC nod to operate for 20 more years

    The Nuclear Regulatory Commission (NRC) approved the second license renewals for Florida Power and Light’s St. Lucie Nuclear Plant Units 1 and 2 in Jensen Beach, Fla. on Tuesday. The subsequent license renewal extends operations through 2056 for Unit 1 and 2063 for Unit 2. NextEra Energy’s subsidiary Florida Power and Light said in a […]

  • NRC public input on Duane Arnold restart license amendment requests

    The Nuclear Regulatory Commission has issued a notice in the Federal Register this week seeking public comments on NextEra Energy’s three license amendment requests for the Duane Arnold Energy Center restart. According to the Wednesday notice, comments must be submitted by May 22, while requests for hearings or petitions to intervene must be submitted by […]

  • NextEra evaluates strategy to add new nuclear generation

    NextEra Energy is considering adding up to 6 gigawatts or 6,000 megawatts of new nuclear generation in part to help meet artificial intelligence (AI) data center demands. In a Jan. 27 earnings call, the Juno Beach, Fla.-based energy utility said small modular reactors (SMRs) could be built at its existing nuclear power plants or at […]

  • NextEra evaluates strategy to add new nuclear generation

    NextEra Energy is considering adding up to 6 gigawatts or 6,000 megawatts of new nuclear generation in part to help meet artificial intelligence (AI) data center demands. In a Jan. 27 earnings call, the Juno Beach, Fla.-based energy utility said small modular reactors (SMRs) could be built at its existing nuclear power plants or at […]

  • Iowa governor creates nuclear power task force

    Iowa Gov. Kim Reynolds (R) signed an executive order Jan. 5 to establish a state nuclear energy task force. The Iowa Nuclear Energy Task Force will advise Reynolds,  the state government and relevant agencies on the development of nuclear energy technologies in the state, according to the press release. The task force will also explore […]

  • NextEra, Google deal supports Duane Arnold restart

    NextEra Energy has reached a 25-year power-purchase agreement with Google to support restart of the Duane Arnold nuclear plant near Cedar Rapids, Iowa, NextEra said Monday. The 615-megawatt boiling water reactor closed in 2020. Provided the government approvals are secured, NextEra Energy hopes to have it up and running again in the first quarter of […]

  • NextEra, Google deal supports Duane Arnold restart

    NextEra Energy has reached a 25-year power-purchase agreement with Google to support restart of the Duane Arnold nuclear plant near Cedar Rapids, Iowa, NextEra said Monday. The 615-megawatt boiling water reactor closed in 2020. Provided the government approvals are secured, NextEra Energy hopes to have it up and running again in the first quarter of […]

  • NRC grants Point Beach its second license renewal

    The Nuclear Regulatory Commission renewed the operating licenses of units 1 and 2 of NextEra Energy’s Point Beach nuclear plant in Two Rivers, Wis. for 20 additional years. The renewed licenses for Point Beach’s Unit 1 will expire in October 2050 and the second unit in March 2053. This is the second time the Wisconsin […]

  • NRC grants Point Beach its second license renewal

    The Nuclear Regulatory Commission renewed the operating licenses of units 1 and 2 of NextEra Energy’s Point Beach nuclear plant in Two Rivers, Wis. for 20 additional years. The renewed licenses for Point Beach’s Unit 1 will expire in October 2050 and the second unit in March 2053. This is the second time the Wisconsin […]

  • Wisconsin governor signs two nuclear energy bills

    Wisconsin Gov. Tony Evers (D) signed two bills into law last week designed to further nuclear research and deployment in the state. Senate Bill 124, now 2025 Wisconsin Act 11, will create a board to advance in-state nuclear power and fusion technology and host a Wisconsin nuclear summit. Senate Bill 125, now 2025 Wisconsin Act […]

  • NextEra Energy targets 2028 restart of Iowa nuclear plant

    Florida-based NextEra Energy said during its fourth quarter earnings report Friday it is shooting for a 2028 restart of its Duane Arnold nuclear power plant in Iowa. “Recently, the company filed notice with the Nuclear Regulatory Commission to request a licensing change—an important first step in establishing the regulatory pathway to restore the facility’s operating […]

  • NextEra still mulling Duane Arnold restart

    NextEra Energy is still considering, but not committed to, restarting Iowa’s only nuclear power plant, which shut down in 2020, the head of the company told investors Tuesday. “We are currently evaluating the recommissioning of our Duane Arnold nuclear plant in Iowa,” John Ketchum, chief executive officer of NextEra Energy said Tuesday in prepared remarks during a […]

  • NextEra still mulling Duane Arnold restart

    NextEra Energy is still considering, but not committed to, restarting Iowa’s only nuclear power plant, which shut down in 2020, the head of the company told investors Tuesday. “We are currently evaluating the recommissioning of our Duane Arnold nuclear plant in Iowa,” John Ketchum, chief executive officer of NextEra Energy said Tuesday in prepared remarks […]

  • Spent Fuel Transfer Starting This Year at Duane Arnold, NRC Says

    The company decommissioning the Duane Arnold Duane Arnold Energy Center plans to start moving spent fuel from the shuttered plant’s reactor to dry storage this year, a Nuclear Regulatory Commission inspector said this week. NextEra should have the fuel on the move “starting in 2021,” Rex Edwards, an inspector working out of NRC’s Region III […]

  • NextEra Application to Extend Point Beach Ops Into 2050s Now Available

    NextEra Energy’s application to extend its license at the Point Beach Nuclear Plant Units 1 and 2 has been made publicly available on the Nuclear Regulatory Commission website.  “The NRC staff is reviewing the application to determine if it has sufficient information to complete the agency’s extensive safety and environmental reviews,” the commission said in […]

  • Derecho Damage Results in Early Retirement of Duane Arnold Nuclear Power Plant

    Aaron Larson POWER magazine The Duane Arnold Energy Center – a 615-megawatt nuclear power plant located in Palo, Iowa – will reportedly not restart after high winds caused extensive damage to the station’s cooling towers. The plant owner, NextEra Energy Resources, had planned to retire the unit on Oct. 30, but after assessing damage caused […]