Facing a growing Ohio nuclear bribery and racketeering scandal, Akron-based utility giant FirstEnergy has fired its long-time CEO. Last Thursday (Oct 29), the multi-billion dollar company issued a press release saying the board has terminated Chuck Jones, CEO since 2015 and a company employee since 1978, according to Akron Beacon Journal. Jones, 63, is an … More Amid scandal, FirstEnergy fires CEO

Despite some progress, and a positive agenda for eliminating global subsidies for fossil fuels, “Significant barriers prevent the full phasing out of subsidies and rationalization of energy prices across the G20,” according to new research from Rice University’s Baker Institute for Public Policy. A team led by Baker Institute fellow Jim Krane looked at what … More Baker Institute: Reform global fossil fuel subsidies

The NuScale small modular nuclear reactor project, bleeding customers, is facing existential challenges. The problem is economic, not technical. NuScale’s SMR, has taken a series of blows recently, despite support from the U.S. Department of Energy. The project, set to be built on DOE land at the Idaho National Laboratory, is losing significant portions of … More More UAMPS cities consider leaving the NuScale SMR project

“Mirror, mirror, on the wall, what state imports the most electricity of all?” “Master, the answer is California.” The Energy Information Administration, in an April 2019 daily brief, laid out the top five U.S. importers of electricity and the top five exporters. It doesn’t appear that EIA has updated that information, but it’s unlikely that … More California tops the list of electricity importers

The U.S. Department of Energy has committed another $1.36 billion to the NuScale Power nuclear small modular reactor project (SMR), on top of some $281 million DOE has already committed to the project, the only U.S. SMR still standing. The money will go, over 10 years and conditioned on congressional appropriations, to Salt Lake City … More DOE doles out $1.36 billion over 10 years to western SMR project

The Federal Energy Regulatory Commission today took a step toward advancing technology-neutral carbon pricing by states rather than the current practice of subsidizing particularly low-carbon electricity generation. FERC issued a proposed policy statement that says it has authority under part 5 of the Federal Power Act to review wholesale market rules that incorporate state carbon … More FERC proposes a carbon pricing policy statement

Chicago-based Exelon is pondering getting rid of its large fleet of uneconomic non-utility nuclear plants, Bloomberg reported. The company’s Exelon Nuclear, a division of its non-utility generating company, runs 21 nuclear plants in the Midwest and the Middle Atlantic region, making it the largest nuclear generator in the U.S. The nuclear plants bid into the … More Will Exelon dump its huge nuclear fleet?

The hydropower industry and several U.S. environmental groups have joined forces to promote electricity produced by hydroelectric dams as a tool in the fight against global warming. The alliance is unusual in that the environmental movement in the U.S. in the 1960s and 1970s grew out of opposition to hydropower development. Brokered by California-based Stanford … More Enviros and hydro industry form unusual coalition

Is it time to plan fusion regulations? Is commercial fusion energy so much closer to reality than most believe that a need to start thinking about how to regulate the technology and structure the business enterprise is required? That was the assertion behind Tuesday’s public zoom meeting among the Department of Energy, the U.S. Nuclear … More Is it time to plan fusion regulations?

Japanese conglomerate Hitachi, which owns the GE’s boiling water reactor franchise, has pulled the plug on plans to build a new nuke station on the coast of North Wales, citing the estimated cost of $20.5 billion. Tokyo-based Hatachi’s UK firm Horizon Nuclear Power, originally a German E.ON and RWE venture, had been trying to develop … More UK’s staggering nuclear power program suffers another blow