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North Carolina Governor Calls for Stronger Data Center Tariffs to Curb Rising Electricity Costs

Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, PRODUCTS, Retail Power and Gas

North Carolina Governor Josh Stein on Oct. 27 urged the North Carolina Utilities Commission to strengthen proposed rate protections for data centers and other large electricity users, requiring them to cover the full costs of their energy consumption, including generation, and provide their own clean energy resources. Governor Stein and Attorney General Jeff Jackson recently…...

U.S. Development Bank Ends Ban on Financing Nuclear Power Projects

U.S. Energy Department Commits Up to $5 Billion for Constellation Nuclear Upgrades

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Nuclear, PRODUCTS

The U.S. Energy Department’s Office of Energy Dominance Financing on Oct. 27 announced a conditional loan commitment of up to $5 billion to support nuclear reactor upgrades and modernization across Constellation Energy’s fleet in Illinois, Maryland, and Pennsylvania. The projects are expected to add nearly 1.1 gigawatts of generating capacity, strengthening grid reliability and expanding…...