March 23, 2026 - Today's Industrial Market News from Industrialinfo.com

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Industrial Info Resources - Industry News Podcast 2 min 1 speaker 4 chapters transcribed 1 month ago

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What is the latest update on Arizona’s Palo Verde nuclear power plant license renewal?

Christine Ramos 0:11

This is the World Industrial News for Monday, March twenty third. Brought to you by Industrial Info Resources of Sugarland, Texas. A subsequent license renewal is now in the cards for Arizona's only nuclear power plant, the Palo Verde Nuclear Power Plant, located about 55 miles outside of Phoenix. The plant's three reactors came online in the mid-1980s and continue to provide around 3,900 megawatts of power.

How are Berkshire Hathaway Energy’s utility units influencing new data‑center development?

Christine Ramos 0:39

It's the second largest nuclear facility in the US, behind Georgia Powers, plant Vogel. Data center developers are said to have a high level of interest in building new facilities in areas served by Berkshire Hathaway Energy's utility units. However, the holding company plans a relatively modest increase in its capital outlays over the next three years to about thirty-three point three billion dollars, a gain of about 16%. The latest auction for drilling rights in far north Alaska set a record and marked the first new lease since 2019.

What record‑setting auction occurred for drilling rights in far‑north Alaska?

Christine Ramos 1:16

The European Commission wants to have Europe's first mini nuclear power plants based on small modular reactors and advanced modular reactors up and running by the early twenty thirties. The EC has presented its European strategy for small modular reactors with funding to fast-track the commercial rollout of SMRs and AMRs. Commission President Ursula von der Leyen said that shunning nuclear power had been a mistake for the region. For details on these and other breaking news, read the full stories at industrialinfo.com.