EnerKnol’s Visual Primer – Ohio Nuclear Bailout Scandal Stirs Up Questions Over Ratepayer Subsidies for Aging Power Plants

The debate over ratepayer subsidies for struggling nuclear power plants has resurfaced, following a racketeering investigation related to a controversial Ohio law, which created a $1 billion bailout for FirstEnergy Corp. last year. The economic troubles of the embroiled industry come to the fore even as states such as New Jersey and Illinois evaluate plans to opt out of the regional capacity market in response to reforms that expanded the minimum offer price rule to subsidized resources.

EnerKnol’s Visual Primer – Nuclear and Renewables Share the Stage as Regulators Look for Zero-Carbon Options

Nuclear power is making its way into clean energy policies as more states embark on ambitious emissions reduction plans. The need to build up carbon-free energy resources in the fight against global warming is driving a number of policymakers to put nuclear power on equal footing with renewable resources.

Dominion Strikes Deal With Connecticut Utilities to Keep Millstone Nuclear Plant Open

Democratic Governor Ned Lamont announced that Dominion Energy Inc. reached a deal with Connecticut’s two electric utility companies, units of Eversource Energy and Avangrid Inc., to retain the 2,100-megawatt Millstone nuclear facility. The 10-year agreement lowers the incremental ratepayer cost by nearly half compared to the original bid that was accepted last year as part…...

U.S. Added Over 31 Gigawatts of Electric Generating Capacity in 2018, Largest in 15 Years: EIA

The U.S. added 31.3 gigawatts of generating capacity in 2018, the largest since the 2003 capacity addition of 48.8 gigawatts, according to a March 11 report from the Energy Information Administration. Natural gas accounted for 62 percent of utility-scale additions, while wind and solar photovoltaic represented 21 percent and 16 percent, respectively. Coal accounted for…...

Georgia Regulator Approves $526 Million in Spending on Vogtle Nuclear Project

The Georgia Public Service Commission on Feb. 19 announced its approval of $526.4 million in construction expenses incurred by Georgia Power Company in the first half of 2018 for the Vogtle expansion project. The agency said the authorization does not deem the expenditure to be prudent, and is only an acknowledgement that the company has…...

U.S. Nuclear Regulator’s Post-Fukushima Safety Rule Weakens Seismic, Flooding Protections

The U.S. Nuclear Regulatory Commission announced a final rule addressing nuclear plant safety to incorporate lessons learned from the 2011 accident at Japan’s Fukushima nuclear plant, according to a Jan. 24 news release. The rule removes the requirement in the final draft presented by the commission staff in 2016 requiring nuclear plants to take additional…...

U.S. to Become Net Energy Exporter for First Time in Seven Decades: EIA

U.S. energy exports in 2020 are projected to surpass imports for the first time since 1953, thanks to the continued growth in petroleum and natural gas exports, according to the U.S. Energy Information Agency’s Annual Energy Outlook released on Jan. 24. The trend is expected continue for the next three decades driven by large increases in the…...

Power Suppliers Seek Supreme Court Review of State Nuclear Subsidies

The Electric Power Suppliers Association on Jan. 7 filed a petition asking the U.S. Supreme Court to review appellate court rulings that upheld zero-emission credit programs designed to support financially struggling nuclear plants in New York and Illinois. The organization argues that the subsidy programs infringe on the Federal Energy Regulatory Commission’s jurisdiction over wholesale…...

Dominion’s Millstone Nuclear Plant Wins Zero-Carbon Energy Contract in Connecticut

Democratic Governor Dannel Malloy on Dec. 28 announced the selection of two nuclear plants — Dominion Energy Inc.’s Millstone Power Station in Connecticut and NextEra Energy Inc.’s Seabrook Nuclear Power Station in New Hampshire — along with nine solar projects and one offshore wind project in the state’s solicitation for zero-carbon electricity. The procurements totaling nearly…...

New York Clean Energy Standard Enters Third Phase, Incorporates Offshore Wind Credits

The New York Public Service Commission on Dec. 14 approved phase III of the New York State Energy Research and Development Authority’s plan to implement the Clean Energy Standard or CES, adopted in August 2016, to achieve the state’s goal of obtaining half its electricity from renewable resources by 2030. The program includes a renewable…...

EnerKnol’s Visual Primer – New Jersey Poised to Become the Next California Under Energy Policy Revamp

New Jersey lawmakers have passed a suite of sweeping measures to propel the state’s clean energy agenda under Democratic Governor Phil Murphy's administration. The swift turn of events marks a significant shift from his Republican predecessor Chris Christie who withdrew the state from the carbon market and shunned offshore wind.

EnerKnol’s Visual Primer – Trump Explores New Avenues to Prop Up Coal and Nuclear

The Trump administration is seeking new avenues to revive coal and nuclear, such as research to diversify coal use and design new reactors. Although new technologies may slow the downturn of coal and nuclear, hopes of a renaissance remain dim as the industries lose out to cheaper, cleaner, and more efficient resources.