On August 7, 2014, California and Quebec held a successful practice joint carbon emissions allowance auction in preparation for the first ever cross-border auction on November 2014. Despite varied participation levels in Quebec’s first four auctions, activity is expected to increase with program maturity and the upcoming 2015 compliance deadline.The programs – under the Western…
The NRC has approved a final rule on spent nuclear fuel storage, ending its two-year suspension of final licensing decisions. On August 26, 2014, the Nuclear Regulatory Commission (NRC) approved a final rule on continued storage of spent nuclear fuel (SNF) in response a 2012 federal court decision, which vacated NRC’s 2010 revision of the…
ACO Investment Group, a U.S.-based private equity fund focused on emerging Asian markets, has signed an agreement to develop a 300 MW solar project in Burma. On August 28, 2014, the Office of the U.S. Trade Representative announced an agreement between ACO Investment Group and Burma Ministry of Electric Power to develop two 150 MW…
Hawaiian Electric Companies have proposed comprehensive electric energy plans with a goal to achieve more than 65 percent renewable energy by 2030. On August 26, 2014, the Hawaiian Electric Companies – Hawaiian Electric, Maui Electric, and Hawaii Electric Light Company – proposed electric energy plans in response to the Hawaii Public Utilities Commission’s (PUC)…
