Storage ITC Bill Gains Key Industry Backers

Credit to Author: Sonal Patel| Date: Thu, 11 Apr 2019 13:37:26 +0000

Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups  representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]

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Pressure Mounts as Legislators Try to Save Nuclear Plants

Credit to Author: Aaron Larson| Date: Thu, 11 Apr 2019 13:28:57 +0000

Time is winding down for lawmakers interested in enacting legislation to save the Three Mile Island (TMI) nuclear plant. That message was amplified on April 5 when Exelon Corp. filed the federally required Post Shutdown Decommissioning Activities Report (PSDAR) with the Nuclear Regulatory Commission. The PSDAR details plans for TMI Unit 1 after its final […]

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N.C. Officials Order Duke Energy to Excavate Coal Ash Ponds

Credit to Author: Darrell Proctor| Date: Wed, 03 Apr 2019 15:56:50 +0000

North Carolina officials have ordered Duke Energy to excavate all its coal ash storage ponds in the state, saying the utility’s current plan for its coal ash sites does not sufficiently protect groundwater. The directive issued April 1 comes after regulators in other states, including Virginia, issued similar rulings regarding coal ash disposal in those […]

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Bipartisan Senators Move to Cement Nuclear Power’s Future

Credit to Author: Sonal Patel| Date: Thu, 28 Mar 2019 13:13:28 +0000

A wide-ranging bill introduced by a large group of bipartisan U.S. senators on March 27 seeks to cement the role advanced nuclear reactors will play in the nation’s future power mix.  The “Nuclear Energy Leadership Act” (NELA), aims to “reestablish U.S. leadership in nuclear energy,” which has been lost to state-sponsored development in Russia and […]

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CEOs Say Preserving the Nuclear Power Fleet Is Imperative

Credit to Author: Aaron Larson| Date: Thu, 28 Mar 2019 01:31:09 +0000

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

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Vogtle Loan Guarantees Praised, Criticized

Credit to Author: Darrell Proctor| Date: Sat, 23 Mar 2019 15:39:51 +0000

Energy Secretary Rick Perry on March 22 said his department will guarantee up to $3.7 billion in additional loans to finance continued construction of two new nuclear reactors at the Vogtle plant in Georgia. While Perry and other government officials stressed the importance of the project to the U.S. nuclear industry, critics called it a […]

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Bipartisan Senators Urge EPA to Drop Proposed Changes to Mercury Rule

Credit to Author: Sonal Patel| Date: Mon, 18 Mar 2019 22:17:16 +0000

A bipartisan group of U.S. senators are urging the Environmental Protection Agency (EPA) to withdraw a proposed rule that they said could “lead to the undoing” of the Obama administration’s Mercury and Air Toxics Standards (MATS).  In a March 18 letter to newly appointed EPA administrator Andrew Wheeler, the group led by Sens. Lamar Alexander […]

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POWER Notebook: Wyoming Moves to Save Coal Plants

Credit to Author: Darrell Proctor| Date: Sun, 10 Mar 2019 22:28:08 +0000

A Wyoming bill designed to keep coal-fired power plants operating in the state was signed into law by the state’s governor last week, one of several developments worldwide that impacted the power generation landscape in early March. Also in the U.S., the Tennessee Valley Authority (TVA) defended its hiring of a contractor that led the […]

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States Take Lead with Plans for 100% Carbon-Free Energy

Credit to Author: Aaron Larson| Date: Thu, 07 Mar 2019 14:44:24 +0000

Minnesota and Wisconsin recently joined the list of states aiming for a 100% clean-energy future, while some Illinois lawmakers are pushing for not only carbon-free power, but also 100% renewable energy. Minnesota Gov. Tim Walz (D) was the latest to announce a set of policy proposals designed to lead his state’s electricity sector to 100% […]

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Carbon Capture Proposed to Save New Mexico Coal Plant

Credit to Author: Darrell Proctor| Date: Sun, 03 Mar 2019 18:43:20 +0000

The New York-based hedge fund aiming to take over New Mexico’s San Juan Generating Station (SJGS), targeted for closure by state lawmakers, wants to refit the 46-year-old, coal-fired plant to use carbon capture and sequestration (CCS) technology. Acme Equities LLC said last week that retrofitting the 847-MW plant with CCS technology would cut carbon emissions […]

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