Nuclear Power

President’s FY 2016 Budget Request Prioritizes Clean Energy and Climate Action

The President’s Budget Leaves a Legacy of Clean Energy and Climate Change Mitigation Support The president’s budget provides strong support for clean energy and addressing climate change. The proposal would allocate substantial funding for clean energy and climate initiatives, while removing favorable tax deductions for the fossil fuel exploration and production (E&P) industry. The budget…...

Resource Constraints Yield High Prices in New England’s Ninth Forward Capacity Auction

High clearing prices in ISO-NE’s ninth forward capacity auction will stimulate new resource build-out to meet future demand. FCM Auction Attracts New Resources to Meet Low Reserve Margin The New England Independent System Operator’s (ISO-NE) ninth annual Forward Capacity Market (FCM) auction to acquire resources to meet June 1, 2018 through May 31, 2019 electricity…...

FERC Approves PJM’s Request for Offer Cap Relief

FERC has approved PJM’s request for temporary relief from the $1,000/MWh cost-based offer cap to address winter price spikes that could cause generators’ marginal costs to exceed the offer cap. On January 16, 2015, the Federal Energy Regulatory Commission (FERC) approved PJM Interconnection LLC’s (PJM) Section 206 filing to raise the $1,000/MWh energy offer cap…...

The 2015 Political Landscape Will Have Far-Reaching Energy Industry Implications

EPA emissions rules and legislative actions will impact every aspect of the energy value chain in 2015 Key Takeaways: Policies impacting energy independence and associated environmental impacts are coming head-to-head at the federal level Legislators will aim to settle long-debated oil and gas infrastructure and export bills and will use legistive authorities to delay, defund,…...

SOTU 2015: Resolute Call for Climate Action

In his State of the Union Address, the President made a forceful call for climate action, asserting that the U.S. will double its emissions reduction pace. In his State of the Union (SOTU) speech on January 20, 2015, President Obama made a resolute call for climate action, stating that no challenge poses a greater threat…...

Justice Department Seeks Supreme Court Review of FERC Order 745 Vacatur

The Justice Department has sought Supreme Court review of the May 2014 invalidated FERC Order 745 vacatur, considering its importance for the future of electricity-market regulation. On January 15, 2015, the U.S. Department of Justice (DOJ) — on behalf of the Federal Energy Regulatory Commission (FERC) — petitioned the Supreme Court for a writ of certiorari to…...

ARPA-E Issues OPEN 2015 Solicitation for Transformational Energy Projects

The DOE has announced $125M OPEN solicitation through ARPA-E to catalyze the advancement of transformational energy technologies. On January 7, 2015, the Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) issued its third OPEN funding opportunity announcement (FOA) – OPEN 2015 – for up to $125M to support potentially disruptive new technologies…...

New EPA Clean Power Plan Rulemaking Schedule Delays Compliance Deadlines

The EPA Clean Power Plan and new generation source emission rule finalization to mid-summer 2015 pushes back compliance deadlines. On January 7, 2015, the Environmental Protection Agency (EPA) announced a revised schedule to finalize rulemakings for power plant emission standards under its proposed Clean Power Plan.  The EPA intends to finalize the rules by mid-summer…...

Vermont Yankee Nuclear Plant Ceases Operations

The Vermont Yankee Nuclear Power Station has been officially disconnected from the grid. On December 29, 2014, the Vermont Public Service Department (PSD) announced the official closure of the Vermont Yankee Nuclear Power Station.  The plant began operations in 1972 and was acquired by Entergy in 2002.  Its current operating license expires on March 21,…...

[Report] 2014 Energy Policies Defined by Shift toward a Cleaner, More Reliable Grid

EPA’s Clean Power Plan, regional programs, and continued solar installation growth aim to improve state-level resource and grid reliability. The proposed Clean Power Plan and regional reliability programs will continue to influence an energy mix shift and electric system improvements in the coming years. The energy mix shift is also being pushed by fuel and…...

[Report] Demand Response Parity in Wholesale Markets Hinges on FERC 745 Outcome

Demand response (DR) performance in wholesale power markets has improved over the past six years, in part as a result of multiple FERC Orders. Removal of DR from organized electricity markets would favor generators through increased sales; this could lead to higher associated emissions and peak power prices. The Solicitor General has until January 15 to file…...

NRC Publishes Yucca Mountain Evaluation Report Volume 4

Volume 4 of NRC’s safety evaluation report on the proposed Yucca mountain nuclear waste repository finds the DOE has not acquired land and water rights for the proposed operations area. On December 18, 2014, the Nuclear Regulatory Commission (NRC) published Volume 4 of its Safety Evaluation Report (SER) detailing administrative and programmatic requirements for the…...