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While State and Federal governments hurry to subsidise nuclear power plants, Exelon is closing Illinois nuclear stations anyway

State, federal efforts too late to save Exelon's Illinois nuclear plants, CEO Crane says, Utility Dive  Aug. 6, 2021  Iulia Gheorghiu Dive Brief: Exelon Generation has two Illinois nuclear plants slated for shutdown and decommissioning this fall, despite recent federal proposals for both a tax credit and a fund for existing nuclear plants, and rising power…
United States Christina Macpherson Kathleen Barron Iulia Gheorghiu Department Of Energy While State

Group of USA Republicans and Democrats united in $trillion Bill to subsidise the nuclear and carbon capture industries

Bipartisan $1 trillion Senate infrastructure bill focuses on nuclear, carbon capture, transmission, Utility Dive  Aug. 3, 2021 Bipartisan $1 trillion Senate infrastructure bill focuses on nuclear, carbon capture, transmission, Utility Dive  Aug. 3, 2021 Catherine Morehouse A bipartisan group of senators on Sunday unveiled its nearly $1 trillion infrastructure bill, formalized into text following a…
United States Christina Macpherson Catherine Morehouse Joe Biden John Kotek Nuclear Energy Institute

First Energy company to pay fine for bribing Ohio officials to bail out nuclear power stations

FirstEnergy agrees to pay $230M fine for bribing Ohio officials to bail out two nuclear plants, Utility Dive, Iulia Gheorghiu   July 23, 2021   Dive Brief: FirstEnergy Corporation announced on Thursday a settlement agreement to pay a $230 million penalty for bribing Ohio officials to  ensure the passage of a ratepayer-funded bailout for older generation assets, including two nuclear plants. The utility cooperated with federal investigators to disclose paying millions through dark money...
United States Christina Macpherson Iulia Gheorghiu Sam Randazzo Firstenergy Corporation First Energy

Everyone Involved with Renewable Energy is Looking at FERC for Reforms - Union of Concerned Scientists

Everyone Involved with Renewable Energy is Looking at FERC for Reforms June 16, 2021 Last month UCS posted a blog about the distortions in transmission planning with differing assumptions about the future used in different planning processes (or two sets of books, as we might say, if this were a business trying to avoid accountability for its taxes). Clearly, the folks in charge of the power system have some real firefighting on their hands. Now let’s look at the reforms, starting with the ap...
United States Catherine Morehouse Energy Regulatory Commission Biden Administration Federal Energy Regulatory Commission Utility Dive
Source: ucsusa.org

NewsNow: US Nuclear Energy news | Breaking News 24/7

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The Texas Big Freeze: How much were markets to blame for widespread outages?

Published June 3, 2021 Ron Jenkins via Getty Images The following is a contributed article by Dan Esposito, senior policy analyst at Energy Innovation, and Eric Gimon, senior fellow at Energy Innovation. Editors Note: This is the second of a three-part op-ed series in Utility Dive based on Energy Innovations research examining 1) what drove the extended Texas outages, 2) the degree to which energy markets failed and 3) how different ent...
United States Dan Esposito Eric Gimon Public Utility Commission Of Texas Energy Innovation Reliability Council Of Texas

The Texas Big Freeze: How a changing climate pushed the state's power grid to the brink

Opinion The Texas Big Freeze: How a changing climate pushed the states power grid to the brink Published June 2, 2021 Ron Jenkins via Getty Images The following is a contributed article by Dan Esposito, senior policy analyst at Energy Innovation, and Eric Gimon, senior fellow at Energy Innovation. Editors Note: This is the first of a three-part op-ed series in Utility Dive based on Energy Innovations research ...
United States Brian Bartholomew Bpbartholomew Dan Esposito Greg Abbott Eric Gimon Clean Energy

Xcel's record-low-price procurement highlights benefits of all-source competitive solicitations

John Moore via Getty Images New data shows Xcel Energy Colorado’s 2016-2017 all-source competitive solicitation (ASCS) secured even lower costs than power sector leaders previously thought, adding momentum to interest in this emerging approach to procurement. Xcel’s ASCS returned a $0.017/kWh bid for wind, a $0.023/kWh bid for solar, and a $0.03/kWh bid for solar-plus-storage, according to a February 2021 Xcel presentation to Michigan regulato...
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