Nuclear Power

EnerKnol’s Visual Primer – Pennsylvania Joins Other States Exploring Options to Save Nuclear

Multiple proposals to preserve and expand nuclear generation have emerged among states willing to do so. These include zero emission credits (ZEC), categorizing nuclear as an alternative or renewable energy source, easing the construction process, and establishing cost recovery mechanisms. A few states, particularly Oregon, Tennessee, and Washington have passed policies to foster small modular reactors. New York and Illinois, which have established ZEC programs, have sparked a national debate over the premature closure of their nuclear plants due to their inability to compete in wholesale markets.

New Ohio Bill Adds to Nationwide Nuclear Subsidy Debate

Ohio SB 128 would create a zero-emissions nuclear resource program to subsidize the state’s nuclear plants for providing fuel diversity and environmental benefits. The proposal is similar to programs in New York and Illinois which are facing lawsuits for discriminating specific generating units and infringing on the Federal Energy Regulatory Commission’s authority over interstate electricity markets, underscoring the need for market-based solutions to drive the nuclear industry in future.

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EnerKnol’s Visual Primer – New Ohio Bill Adds to Nationwide Nuclear Subsidy Debate

Ohio SB 128 would create a zero-emissions nuclear resource program to subsidize the state’s nuclear plants for providing fuel diversity and environmental benefits. The proposal is similar to programs in New York and Illinois which are facing lawsuits for discriminating specific generating units and infringing on the Federal Energy Regulatory Commission’s authority over interstate electricity markets, underscoring the need for market-based solutions to drive the nuclear industry in future.

Illinois Passes Sweeping Legislation to Save Ailing Nuclear Plants and Expand Renewables

Illinois has enacted SB 2814 which creates a zero emission standard (ZES) to support in-state nuclear power, joining New York in setting a model to value nuclear as a zero-carbon energy source. While much attention has been placed on the ZES, the legislation includes the long-awaited update to the state’s renewable portfolio standard (RPS) and substantially expands energy efficiency programs, winning the support of renewable energy and environmental advocates.

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EnerKnol’s Visual Primer – Illinois Passes Sweeping Legislation to Save Ailing Nuclear Plants and Expand Renewables

Illinois has enacted SB 2814 which creates a zero emission standard (ZES) to support in-state nuclear power, joining New York in setting a model to value nuclear as a zero-carbon energy source. While much attention has been placed on the ZES, the legislation includes the long-awaited update to the state’s renewable portfolio standard (RPS) and substantially expands energy efficiency programs, winning the support of renewable energy and environmental advocates.

New York’s Nuclear Subsidy Program Challenged in Court

A coalition of energy companies have filed a lawsuit against New York’s nuclear subsidy plan for infringing on the Federal Energy Regulatory Commission’s jurisdiction over wholesale electricity markets. The outcome of the recent court case and the success of the program in general will significantly impact the long-term prospects for the U.S. nuclear industry in unregulated markets.

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EnerKnol’s Visual Primer – New York’s Nuclear Subsidy Program Challenged in Court

A coalition of energy companies have filed a lawsuit against New York’s nuclear subsidy plan for infringing on the Federal Energy Regulatory Commission’s jurisdiction over wholesale electricity markets. The outcome of the recent court case and the success of the program in general will significantly impact the long-term prospects for the U.S. nuclear industry in unregulated markets.

New York Proposes Nuclear Subsidy Based on Social Cost of Carbon

The New York State Public Service Commission (NY PSC) has issued a proposal to subsidize nuclear power generating facilities that may otherwise be retired to preserve their zero-emission attributes as part of the state's Clean Energy Standard (CES). The subsidy program could prompt additional policy changes, especially in terms of market design, as retention of existing nuclear plants requires long-term financial viability, which in turn hinges on wholesale markets recognizing the benefits of nuclear power.

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New York Seeks To Redesign Compensation To Keep Nuclear Plants Alive

On February 23, 2016, the New York State Public Service Commission (NY PSC) announced a plan to preserve financially-struggling nuclear power plants, which, if closed, would negatively impact the state’s ability to meet its clean energy and emissions reduction objectives. The plan could set the stage for additional policy changes, since sustained operation of existing nuclear plants requires long-term financial viability facilitated by an effective market design that recognizes the range of nuclear benefits.

Nuclear Plant Retirements Reflect Need For Wholesale Market Reforms

Key Takeaways: Entergy Corporation will retire its 852 MW FitzPatrick Nuclear Power Plant in New York at the end of its current fuel cycle by early 2017 Natural gas-fired generation will largely replace decommissioned nuclear capacity Renewable generation will increase, although at a slower pace that may not offset lost nuclear generation, due to its…...

Signed Energy Act Sets Tone for Upcoming Energy Legislation Debates

Insight for Industry – Energy Efficiency Improvement Act Will Reduce Energy Demand The Energy Efficiency Improvement Act of 2015, which President Obama signed into law on April 30, will add momentum to falling energy consumption per capita in the United States by reducing energy demand from commercial buildings, manufacturing plants, and homes. The relatively uncontroversial…...