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01 / 05
Small Reactors Coming to Virginia, Says Appalachian Power

Daily Energy Insider | Energy Production

Small Reactors Coming to Virginia, Says Appalachian Power

“Appalachian Power, an American Electric Power (AEP) company, said Nov. 14 it plans to file an application with the Virginia State Corporation Commission in spring 2025 to bring small modular reactors (SMRs) to Virginia.

In addition, Appalachian Power will apply for part of the U.S. Department of Energy’s $900 million grant program to hasten deployment of SMRs and help reduce customer costs, the company said.

‘SMR technology is a key component to providing perfect power to our customers,’ said Bill Fehrman, AEP president and chief executive officer. ‘Appalachian Power and AEP are committed to working with our states to develop energy solutions that align with state policy goals and reliably serve our customers.’

Representatives with Charleston, W.Va.-headquartered Appalachian Power have already identified a potential site for an SMR project on company-owned Joshua Falls property in Campbell County, Va. The site provides access to existing electrical infrastructure that is necessary for a generation project, according to the company, which plans to start the early site permit application process.”

From Daily Energy Insider.

pv magazine | Energy Production

India Adds Record 24.5 GW of Solar in 2024

“India added 24.5 GW of solar and 3.4 GW of wind capacity in 2024, doubling solar installations and increasing wind capacity by 21% from 2023, according to JMK Research & Analytics. These additions brought India’s total renewable energy capacity to 209.44 GW, with solar accounting for 47% of the total.

The nation’s 24.5 GW of solar capacity additions included 18.5 GW of utility-scale PV, 4.59 GW of rooftop systems, and 1.48 GW of off-grid installations.”

From pv magazine.

Bloomberg | Energy Prices

French Power at Record Discount to Germany on Cheap Nuclear

“French year-ahead power prices traded at a record discount to those in Germany, underlining France’s strong nuclear generation and its neighbor’s continued reliance on gas.

French power futures for 2026 are about 27% cheaper than the equivalent contract in Germany, according to data from European Energy Exchange. Nuclear power output in France reached its highest level since 2019 this month, pushing down futures to a three-year low.

While the energy transition may potentially bring lower long-term costs across Europe, the intermittency of solar and wind power means countries are facing short-term price spikes. France has smoothed those out with its nuclear fleet, but Germany is relying on more expensive gas and coal-fired stations after shutting its last atomic plant in 2023.”

From Bloomberg.

World Bank | Adoption of Technology

Senegal Closing on Universal Electricity Access

“Khady’s story reflects Senegal’s broader journey toward universal electricity access. The country has made significant strides, with a national access rate of 84% according to government sources. This progress has transformed millions of lives, yet the journey is far from over. While urban areas enjoy near-universal access, over 30 % of rural communities remain disconnected from the grid.”

From World Bank.

Ember | Energy Production

Turkey Doubles Solar Capacity

“Türkiye’s solar energy capacity doubled from 9.7 GW in July 2022 to exceed 19 GW by the end of 2024. By August 2024, the country had already exceeded the 18 GW target set for 2025 in the National Energy Plan (NEP) by the Ministry of Energy and Natural Resources (MENR). Achieving this target 1.5 years ahead of schedule underscores Türkiye’s strong commitment to solar energy and signals the need for more ambitious future targets.

Unlicensed plants, primarily built for self-consumption, accounted for 90% of new installations in the past four years.”

From Ember.