Nuclear Power

EIA Projects Strong Growth in U.S. Oil and Natural Gas Production

EIA’s latest Annual Energy Outlook (AEO) projects a 56 percent increase in natural gas production by 2040, overtaking coal as the largest share of U.S. electric power generation. On December 16, 2013, the Energy Information Administration (EIA) released the AEO 2014 Early Release Overview presenting updated projections for U.S. energy markets through 2040.  The AEO…...

Nuclear Heats Up at Annual MIT VC Conference

The annual MIT Venture Capital conference is a summit where VCs from Menlo Park to Boston come together and present their views on the next hottest startup investments to eager MBA students, entrepreneurs, and fellow investors. As global leaders in engineering and technology, it’s no surprise that MIT has always been a pillar for energy…...

NY Governor Initiates $1B Green Bank to Fund Clean Energy Projects

Governor Cuomo took the first step in the New York Green Bank capitalization process to facilitate private capital flow for clean energy projects. On September 10, 2013, New York State Governor Andrew M. Cuomo formally launched the $1 billion Green Bank initiative, the central part of innovative clean energy proposals announced during his 2013 State…...

U.S. and France Issue Statement on Civil Liability for Nuclear Damage

The U.S.-France Joint Statement on Liability for Nuclear Damage calls for adherence to enhanced nuclear liability instruments and supports the formation of a global nuclear liability regime. On August 29, 2013, U.S. Energy Secretary Ernest Moniz and French Minister of Ecology, Sustainable Development, and Energy, Philippe Martin signed the Joint Statement on Civil Liability for…...

House Advances Tougher Iran Sanctions

The House passed the 2013 Nuclear Iran Prevention Act by a 400-20 vote facilitating broader economic sanctions and increased oversight for enforcing existing Iran sanctions. On July 31, 2013, the House of Representatives passed the 2013 Nuclear Iran Prevention Act (H.R. 850) aimed to impose tougher sanctions against Iran’s petroleum sector and other industries, in…...

EIA Releases 2013 International Energy Outlook

EIA projects a 56 percent growth in world energy consumption by 2040, driven by economic growth in emerging countries.  Over its 2010-2040 projection period, renewables and nuclear are the fastest-growing sources, though fossil fuels continue to supply 80 percent of energy consumption. On July 25, 2013, the Energy Information Administration (EIA) released its 2013 International…...

House Panel Votes to Restrain Major EPA Rules

The Energy Consumers Relief Act, approved by the House Energy and Commerce Committee, would prevent EPA from finalizing major energy-related rules without DOE approval.   On July 17, 2013, the House Energy and Commerce Committee approved three energy-related bills – H.R. 1582, H.R. 1900, and H.R. 83 – aimed to promote economic growth and energy…...