** The Nuclear Company, a startup founded in 2023, just raised over $50 million in Series A funding to develop a new wave of nuclear reactors, not by designing brand-new ones but by using existing, preapproved designs and sites, according to TechCrunch.
** According to a Worker Adjustment and Retraining Notification (WARN) letter submitted to the Wisconsin Department of Workforce Development (DWD), Discover Energy, LLC, doing business under the name Rehlko (formerly known as Kohler Energy), is permanently closing its Saukville facility located at 300 N. Dekora Woods Blvd and paying off 66 employees.
** PacifiCorp, the largest utility company in Wyoming, has rolled back plans for easing back coal plants and shifting to renewable energy projects in the state. Its updated changes give more reliance on coal and natural gas, reported the Kemmerer Gazette.
** Over a two-year span, the Southern Co.’s Plant Vogtle power complex repeatedly made history, potentially changing the entire economics of the nuclear industry with a new uranium fuel. In April, the reactor powered up to full capacity, becoming the first commercial reactor in the U.S. to run on next-generation fuel.
** The country’s top land managers testified before U.S. senators to defend sweeping budget cuts for the nation’s public lands and a plan to sell 3.3 million acres managed by the Forest Service and Bureau of Land Management so communities can build housing.
** A tri-agency effort between the U.S. Coast Guard, Spectrum OpCo, LLC, and the Louisiana Oil Spill Coordinator’s Office helped contain a weeklong oil-and-gas well leak located at the border of a Louisiana parish at the Gulf of Mexico, according to The Business Journal.
World
** Rising electricity demand and higher CO2 emissions prices drove up average power prices last week across most major European markets, according to AleaSoft Energy Forecasting. Spain hit a new daily solar generation record, with France, Italy and Portugal also setting June highs.
** EnergyAustralia, one of the country’s biggest power providers, has issued a public apology and agreed to a legal settlement after more than 400,000 customers were misled by its Go Neutral carbon offset program, The Guardian reported.
