NEW YORK, April 29 (Reuters) - U.S. electric utility
Entergy ( ETR ) is looking to expand its nuclear power output by
upgrading its existing plants across the U.S. South while it
considers advanced nuclear technologies, company executives said
on Tuesday.
U.S. nuclear power, which is virtually carbon free, has been
in high demand in recent years, particularly as Big Tech
grapples with balancing growing electricity needs with
climate-driven energy pledges.
Entergy ( ETR ) recently completed a refueling outage at its River
Bend nuclear plant and plans work at the site that will clear
the way for expanding the 967-megawatt St. Francisville,
Louisiana, plant by about 40 MW, the company said on an earnings
call with investors.
The power company is considering adding 275 MW of nuclear
electric capacity through other upgrades of its existing fleet.
It has also secured a site permit for a new nuclear reactor
in Mississippi and is in discussion with potential buyers of any
power that would be produced from a potential plant.
Advanced nuclear technologies, like small modular reactors,
are untested in the U.S. New nuclear builds have typically faced
cost overruns, with some being abandoned during construction due
to regulatory restraints.
Entergy ( ETR ) is attempting to manage construction risk with any
nuclear build, said Entergy ( ETR ) CEO Drew Marsh on the call.
"We need to be able to solve that commercial question up
front to move forward with nuclear on a more rapid pace," Marsh
said.