Nuclear Power

NY Announces Milestones to Advance the REV Proceeding

Governor Cuomo has announced five initiatives consistent with the REV strategy to advance the local clean energy industry and modernize utility sector operations. On December 12, 2014, New York Governor Andrew M. Cuomo announced new clean energy initiatives consistent with the Reforming the Energy Vision (REV) strategy to spur innovation and investment, improve customer choice…...

[Report] Utilities Nationwide Adjust Rate Designs to Meet Changing Customer Demand

Utilities are increasingly pursuing rate design reform to earn revenue as kilowatt-hour demand growth flattens. As net energy-metered residential solar PV installation growth continues, utilities will be challenged with building and maintaining infrastructure with diminishing revenue streams. The fixed charge and net energy metering NEM compensation debate will continue as utilities fight for sustained revenue…...

DOE Issues $12.5B Loan Guarantee Solicitation for Advanced Nuclear Projects

The DOE has issued a $12.5B loan guarantee solicitation to support innovative and advanced nuclear energy projects. On December 10, 2014, the Department of Energy (DOE) issued a loan guarantee solicitation of up to $12.5B to finance advanced nuclear energy projects that employ new or significantly improved technologies compared to existing commercial technologies and contribute…...

DOE Launches Industry Partner Network to Engage Minorities in Energy Sector

The DOE’s Minorities in Energy Industry Partner Network aims to build minorities’ capacity to compete for energy sector opportunities. On November 18, 2014 — the first anniversary of the Department of Energy’s (DOE) Minorities in Energy Initiative (MIE) — DOE launched the MIE Industry Partner Network to increase engagement of underrepresented communities in the energy sector…....

ISO New England Releases Annual Regional System Plan

ISO New England’s 2014 Regional System Plan underscores that retirements indicate the need for new resources to address future demand despite energy efficiency measures projected to flatten demand over time. On November 6, 2014, ISO New England (ISO-NE) issued the 2014 Regional System Plan, its annual guide on New England’s long term power-system planning efforts.  The…...

Federal Agencies Unveil Sustainability and Climate Adaptation Plans

The White House has released federal agencies’ sustainability and climate plans outlining methods to incorporate energy and climate considerations into their decision-making. On October 31, 2014 – the fifth anniversary of the 2009 Executive Order on Environmental, Energy and Economic Performance – the White House released federal agencies’ sustainability and climate change adaptation plans, detailing…...

NRC Resumes Nuclear Power Plant License Renewals

The NRC has resumed license renewals after a two-year suspension, bringing the number of commercial nuclear power plants with renewed licenses to 74. On October 29, 2014, the Energy Information Administration (EIA) released a report highlighting the Nuclear Regulatory Commission’s (NRC) resumption of license renewals, ending a two-year suspension on licensing decisions. The NRC resumed the…...

DOE Launches Lap-Corps to Commercialize Clean Energy Technologies

The DOE’s Lap-Corps will enable national laboratory teams to access private sector opportunities to commercialize innovative clean energy technologies. On October 29, 2014, the Department of Energy (DOE) announced the launch of Lap-Corps, a $2.3M pilot program to accelerate commercialization of innovative clean energy technologies developed by DOE National Laboratories.  Lap-Corps – modeled on the…...

Vermont Yankee Site Assessment Estimates Decommissioning Cost at $1.24B

Entergy’s site assessment study of the Vermont Yankee Nuclear Power Station estimates the plant’s decommissioning cost at $1.24B, higher than previous estimates. On October 17, 2014, Entergy Nuclear Vermont Yankee (ENVY) released a site assessment study for decommissioning its Vermont Yankee Nuclear Power Station by 2014.  The study – submitted to Vermont’s Public Service Department,…...

NRC Publishes Yucca Mountain Evaluation Report Volume 3

The third volume of NRC’s safety evaluation report on the proposed Yucca Mountain nuclear waste repository finds that DOE’s design meets its post-closure performance objectives. On October 16, 2014, the Nuclear Regulatory Commission (NRC) published Volume 3 of its Safety Evaluation Report (SER) on the Department of Energy’s (DOE) license application for the proposed underground geologic…...

Share of Imports in U.S. Energy Consumption Reaches Record-Low Levels

According to EIA, the share of imports in U.S. energy consumption for the first half of 2014 reached the lowest level in 29 years. On October 10, 2014, the Energy Information Administration (EIA) released a report showing that net U.S. energy imports as a share of consumption for the January-June 2014 period reached the lowest…...

[Report] New England’s Eighth Forward Capacity Auction Draws Market Design Concerns

ISO-NE’s eighth Forward Capacity Market Auction (FCA-8) rates became effective September 16, 2014, despite FERC being unable to reach agreement on whether the filing was “just and reasonable.” The final price for existing sources was set at the administrative price of $7.025/kW-month, a 123 percent increase from the FCA-7 clearing price. The Northeast Massachusetts (NEMA)/Boston…...