In 2016, nuclear power accounted for about 20% of U.S. power generation, but that share is expected to fall to just 11% in 2050, according to the U.S. Energy Information Administration’s (EIA’s) 2017 Annual Energy Outlook (AEO2017). According to the EIA, 25% of the nation’s nuclear capacity, excluding plants that have already announced retirement, is […]

Still trying to figure out exactly what Westinghouse’s bankruptcy is going to mean for the project, SCANA Corp. subsidiary South Carolina Electric & Gas Co. (SCE&G), announced in its first quarter progress report that the two-unit expansion of Virgil C. Summer Nuclear Station is more than 64% complete. Westinghouse filed for bankruptcy on March 29, […]

Sitting on a panel during the Bloomberg New Energy Finance Summit in New York City on April 24, Michael Bloomberg proclaimed that carbon capture and storage (CCS) is “total bullshit.” That statement was not received well by Trude Sundset, CEO of Gassnova, Norway’s state enterprise for the development of CCS. “There’s a whole new world […]

President Donald Trump is getting a lot of advice about the Paris Agreement on climate change lately, though it remains uncertain what he’ll do with it. A group of more than a dozen companies, including some power industry big hitters, sent a letter April 26 to the president calling for continued involvement in the agreement. […]

The impact of Westinghouse Electric Co.’s March 29 bankruptcy filing will be felt throughout the U.S. nuclear power industry, accord to an April 19 report released by the Congressional Research Service (CRS). “The bankruptcy filing raised fundamental questions about the future of the U.S. nuclear power industry, and particularly whether four new reactors that Westinghouse […]

The Barack Obama administration waged war on the coal industry, but that’s all over now, recently confirmed Secretary of Energy Rick Perry told the National Coal Council (NCC) during its annual spring meeting. The NCC is an advisory board to the secretary of energy tasked with providing expert advice on matters of the coal industry. […]

Global new renewable power capacity grew in 2016 even as global new investment in renewables dropped, according to a report commissioned by the United Nations Environment Program out April 6. The Global Trends in Renewable Energy Investment 2017 report found that global investment in renewables—excluding large hydro—fell in 2016 by 23% to $241.6 billion. That […]

The James A. FitzPatrick nuclear power plant officially belongs to Exelon Generation. The sale of the Scriba, NY plant, finalized on March 31, has been long-expected. “We look forward to bringing FitzPatrick’s highly skilled team of professionals into the Exelon Generation nuclear program, and to continue delivering to New York the environmental, economic and grid […]

In a somewhat combative hearing of the U.S. House of Representatives Science, Space, and Technology Committee on March 29, scientists with varied views on the subject of climate change debated how the research of climate change skeptics should be handled by the scientific community. The hearing frequently descended into personal attacks between the four witnesses […]

Surrounded by coal miners, industry leaders, the secretaries of Energy and the Interior, the Environmental Protection Agency (EPA) administrator, and the vice president, President Donald Trump on March 28 signed an executive order rescinding or reviewing key provisions of the previous administration’s climate agenda. “The action I’m taking today will eliminate federal overreach, restore economic […]