U.S. Energy Department to Invest $31 Million to Support Energy Sector Hydrogen Uses

U.S. Energy Department Invests $64M to Advance Hydrogen Production, Utilization

EnerKnol Impacts, EnerKnol Pulse, Natural Gas, Oil, PRODUCTS

The U.S. Energy Department on July 20 announced an investment of approximately $64 million in 2020 for 18 projects to support hydrogen research and development under the “H2@Scale” initiative. The program is focused on wide-scale hydrogen production and utilization across multiple energy sectors to support resilience in power generation and transmission. The funding will focus…...

New York, Illinois Nuclear Subsidies Survive Legal Challenges

Court Approves Santee Cooper’s $520 Million Ratepayer Settlement Over Failed Nuclear Project

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Nuclear, PRODUCTS, Retail Power and Gas

The South Carolina Court of Common Pleas Thirteenth Judicial Circuit on July 21 approved a $520 million settlement to refund customers of state-owned Santee Cooper for costs incurred toward the construction of the abandoned VC Summer nuclear power project. The deal includes a four-year rate freeze by the utility, constituting an additional $510 million benefit…...