U.S. Energy Department Approves $1.4 Billion Cost-Share Award for Advanced Nuclear Project

The U.S. Energy Department has approved a cost share award of up to $1.355 billion, allocated over 10 years, as funds are appropriated by Congress, to demonstrate and deploy a 12-module NuScale reactor located at Idaho National Laboratory. Carbon Free Power Project LLC, an entity owned by Utah Associated Municipal Power Systems, or UAMPS, will...

Visual Primer: FERC Order on PJM Capacity Market Reforms Hinders States’ Plans for Clean Energy Transition

The Federal Energy Regulatory Commission has issued an order on implementing reforms that expand the minimum offer price rule (MOPR) to most state-subsidized resources participating in the regional capacity market administered by PJM Interconnection LLC, which operates across 13 states and the District of Columbia. The ruling has sparked concerns over its potential to harm renewable generation seeking to participate in the capacity market and frustrate state clean energy policies.

U.S. Energy Department Announces First Extensions of Natural Gas Export Terms Through 2050

The U.S. Energy Department on Oct. 21 granted seven applications extending the terms of long-term liquefied natural gas export authorizations to non-free trade countries through 2050, in accordance with a policy statement issued in July. The policy, which marks a change from the prior practice of granting 20-year export terms, also allows existing applicants to…...