Amid mounting electricity demand driven by data centers, the U.S. nuclear power industry is entering an era of growth, supported by strategic federal actions, such as strengthening the fuel supply chain, alongside state efforts to preserve the existing fleet and prepare for next generation reactors. These measures complement recent approvals of 20-year license extensions for 13 reactors across the U.S.
Illinois Governor JB Pritzker on Jan. 8 signed the Clean and Reliable Grid Affordability Act, creating a new package of affordability and resource measures aimed at lowering electricity bills for working families while strengthening the state’s long-term energy supply. The legislation builds on the Future Energy Jobs Act and the Climate and Equitable Jobs Act…...
The U.S. Energy Department on Jan. 5 announced a $2.7 billion investment to strengthen domestic uranium enrichment services over the next decade. The initiative supports the administration’s broader effort to expand nuclear power, maintain reliable reactor operations, and rebuild critical fuel supply chains within the country. The funding will be delivered through task order awards…...
The rapid growth of data centers, electrification, and manufacturing is driving a step change in electricity demand, compelling regulators and grid operators to revisit.…. Read the full report…...
The U.S. Interior Department on Dec. 22 ordered an immediate pause on leases for all large-scale offshore wind projects currently under construction in U.S. waters. The decision followed classified national security reviews conducted in coordination with federal defense agencies, prompting regulators to assess whether the risks can be mitigated through technical or operational changes. The…...
The New York State Energy Planning Board on Dec. 16 voted unanimously to approve a new State Energy Plan, establishing a long-term framework to guide energy-related decision making through 2040 while balancing affordability, reliability, economic growth, and emissions reduction. The plan is grounded in more than a year of analysis examining New York’s current energy…...
New York Governor Kathy Hochul on Dec. 15 announced the award of more than $23 million to 24 projects through the NextGen Buildings Innovation Challenges program, a state initiative designed to advance high impact building technologies and address persistent barriers to building decarbonization. The funding supports solutions that improve energy efficiency, reduce energy demand, and…...
U.S. carbon markets are closing out the year with record prices and strong auction demand, reflecting the growing maturity of…Read the full report …...
U.S. carbon markets are closing out the year with record prices and strong auction demand, reflecting the growing maturity of emissions trading as state participation evolves. Market performance remains strong across the Northeast and West, even as Pennsylvania withdraws from regional participation.
The New York State Department of Environmental Conservation and the New York State Energy Research and Development Authority on Dec. 10 released a proposal to update the state’s Regional Greenhouse Gas Initiative, or RGGI, regulations, aiming to secure deeper and more affordable cuts in power sector emissions. The measure underscores New York’s direction at a…...