DOE doles out $1.36 billion over 10 years to western SMR project

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

FERC proposes a carbon pricing policy statement

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

Will Exelon dump its huge nuclear fleet?

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?

Enviros and hydro industry form unusual coalition

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

UK’s staggering nuclear power program suffers another blow

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

FERC’s Danly on DER rule: “imprudent.”

Dissenting from last week’s Federal Energy Regulatory Commission on distributed energy resources, Commissioner James Danly said the regulators went “too far in declaring the extent of its own jurisdiction and because the commission should not encourage resource development by fiat.” Danly, who was FERC general counsel before appointed to a Republican vacancy, argued that FERC … More FERC’s Danly on DER rule: “imprudent.”

Strangely bipartisan, FERC approves rule on distributed energy resources

The Federal Energy Regulatory Commission Thursday (Sept. 17) ruled that aggregators of distributed energy resources can compete in competitive wholesale electricity markets. The ruling, Order 2222, was not a surprise What was surprising was the nature of the 2-1 vote approving the new rule. Chairman Neil Chatterjee, a Republican Trump administration appointee, and Commissioner Richard … More Strangely bipartisan, FERC approves rule on distributed energy resources

Illinois, Ohio begin to address nuke bribery scandals

Moves to curb nuclear power political corruption in the Midwest are in motion. The outcomes are unclear so far. In Illinois, dominant utility Commonwealth Edison, an Exelon subsidiary, has admitted to federal charges that it bribed important state legislators, including the Democratic speaker of the House, and agreed to a $200 million fine. The admission … More Illinois, Ohio begin to address nuke bribery scandals