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    • About EnerKnol
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EnerKnol News

Oct32018

Enbridge Agrees to Pay up to $500 Million for Tunnel Replacing Line 5 Oil Pipeline Under Michigan’s Mackinac Straits

October 3, 2018

The state of Michigan and Canadian company Enbridge Inc. signed an agreement under which the company would replace the Line 5 petroleum pipeline segment that crosses the Straits of Mackinac with a multi-utility tunnel beneath the Straits, according to an Oct. 3 press release from the Michigan Governor’s office. Enbridge agreed to bear the costs…

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Oct32018

U.S. Uranium Production Hits Historic Lows as Nuclear Plants Retire: EIA

October 3, 2018

Uranium purchases by U.S. commercial nuclear power plants totaled 43 million pounds of triuranium octoxide last year, 15 percent lower than 2016 and the lowest since 1998, according to an Oct. 3 report from the U.S. Energy Information Administration. Triuranium octoxide, called yellow cake, represents the first step in nuclear fuel production. The agency attributed…

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Oct32018

Maine Regulator Launches Probe to Ascertain Federal Tax Cut Impacts on Emera’s Revenue Requirements

October 3, 2018

The Maine Public Utilities Commission opened an investigation on Oct. 3 to determine the impact of certain aspects of the federal tax law on Emera Maine’s revenue requirements including excess deferred income taxes, savings associated with the time period from Jan. 1 to June. 30, and whether these savings can be used to offset storm…

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Oct32018

Ohio Regulator Slashes AEP’s Rates by $607 Million to Reflect Federal Tax Cut Savings

October 3, 2018

The Public Utilities Commission of Ohio approved a settlement that will lower residential bills for American Electric Power Company Inc.’s customers by $3.65 per month as a result of reconciling rates to pass on savings from the federal tax law that slashed the federal income tax rate to 21 percent from 35 percent, according to…

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