The U.K. government on Feb. 6 announced plans to revise existing nuclear planning regulations to reduce red tape and accelerate the approval and construction of nuclear reactors. The changes will support the development of smaller nuclear reactors and allow more flexible siting for projects. A more efficient, timely approval process will allow nuclear developers in…...
The Florida Public Service Commission on Feb. 4 approved the demand-side management plan of Peoples Gas System to incentivize residential and commercial customers to reduce gas consumption and utilize energy-efficient technology. The plan is designed to meet the utility’s cumulative savings goal of 8.0 million therms for the 2025-2034 period and is estimated to cost…...
Gross U.S. coal exports during June 2024 totaled 10 million short tons (MMst), the highest monthly value since October 2018, according to a Feb. 4 report published the U.S. Energy Information Administration. Yearly average U.S. coal exports were 9 MMst during 2024 and have increased yearly since 2020, when they averaged 5.8 MMst, amid the…...
U.S. Interior Secretary Doug Bergum on Feb. 3 signed orders to implement President Donald Trump’s executive orders including declaring a national energy emergency, revoking offshore oil and gas drilling bans, and advancing a deregulatory agenda to reduce red tape. Order 3417, “Addressing the National Energy Emergency,” directs the department to undertake two actions to address…...
The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and NERC’s Regional Entities have initiated a joint performance review of the bulk power system during the cold weather events during January, which included a multi-day polar vortex that impacted majority of the U.S. with colder weather from January 19-24. During the…...
The California Public Utilities Commission on Jan. 30 updated its electric transmission siting rules to streamline planning and permitting processes and expedite transmission infrastructure projects. The changes to the process are part of proceedings initiated in May 2023 and modifications to General Order 131-D to accelerate new transmission upgrade projects as California’s electric demand increases…....
The average natural gas spot price at the majority of the main trading hubs in the Lower 48 states declined during 2024 compared to the previous year in real terms, according to an Feb. 3 report published by the U.S. Energy Information Administration. The price decline can be attributed to mild winter temperatures, robust U.S…....
The New York Power Authority’s Board of Trustees on Jan. 28 approved a strategic plan to increase the state’s renewable energy capacity and support the goal of reaching 70 percent electricity generation from renewable sources by 2030. The plan identifies 37 renewable energy projects with a combined power generation capacity of over 3 gigawatts, which…...
U.S. nuclear generators utilized 32 million pounds of imported uranium concentrate and 0.05 million pounds of domestically uranium concentrate during 2023, according to an Jan. 30 report published by the U.S. Energy Information Administration. Imports of uranium concentrate accounted for 99 percent of the nuclear generator’s requirements. Foreign producers mainly supply the U.S. front end…...
Pennsylvania Governor Josh Shapiro announced on Jan. 28 that PJM Interconnection has agreed to a resolution plan to address issues with PJM’s capacity auction to prevent unnecessary energy price hikes for consumers. The agreement resolves a complaint filed with the Federal Energy Regulatory Commission concerning flaws in the grid operator’s capacity auction design that could…...
Natural gas fired electricity generation has risen in Pennsylvania since 2013, according to a Jan. 29 report published by the U.S. Energy Information Administration. During October 2024, natural gas fired generation accounted for 57 percent of the power produced in the state, over double the share compared to October 2013. Over the last decade, natural…...
The California Public Utilities Commission on Jan. 27, issued a proposal to improve safety and emergency response of battery energy storage facilities in California. The proposal aims to implement Senate Bill No. 1383 to create new standards for the maintenance and operation of battery energy storage facilities and also improve emergency response action plans for…...