Duke Energy could be expanding nuclear power to the Triad
Duke Energy first announced the possibility of a small module reactor nuclear plant in Stokes County in 2023. Norton said for the past two years the utility has been studying the
An innovative battery energy storage installation supported by NYSERDA brings grid benefits and decarbonization into a crowded urban area. NineDot's first battery project on a very small plot of land in the northeast Bronx went live in 2023. Source: NineDot Energy. Active site: 7,000 square feet (1/6 of an acre)
Nuclear startup companies and industry stalwarts alike are racing to deploy advanced reactors that could make plants cheaper and quicker to build. The tech sector is playing an increasingly influential role by often helping finance the companies. Here's a look at three companies with customers secured and significant financial backing.
Technology companies will serve as a catalyst, with Levesque saying they are a "huge force" that can drive the industry forward due to their immense demand for electricity coupled with their deep pockets. Alphabet, Amazon, Meta and Microsoft together are worth seven times the value of the entire S&P 500 utility sector.
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