POWER
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POWER

  • Loan guarantee gridlock

    It’s gridlock on the road to the U.S. nuclear renaissance. Electric companies and consortia – 15 in all so far — are asking the U.S. Nuclear Regulatory Commission for combined construction and operating licenses for 24 new nuclear units under the terms of the 2005 Energy Policy Act. The companies are all seeking the loan […]

  • Energy tax incentives gain new life with passage of economic rescue package

    President Bush on Friday signed into law a measure to renew critical energy tax incentives that had been set to expire at the end of this year. The measure, which gained new life after a political impasse had left its future uncertain only the week before, was one of many added to the financial bailout […]

  • UK cabinet reshuffle clears way for “greener agenda”

    UK Prime Minister Gordon Brown last week created a new government department for Energy and Climate Change (DECC) as part of his latest cabinet shuffle. The new entity will take on several issues affecting the UK power industry, including soaring wholesale prices resulting from a squeeze in generating capacity, the nation’s crumbling power infrastructure, and […]

  • U.S. faces serious blackout risk by 2009, study says

    U.S. baseload generation capacity reserve margins declined to 17% last year, and with demand expected to outpace capacity growth, the nation could face significant risk of costly power brownouts and blackouts as early as next summer, suggests a new study released by NextGen Energy Council.   The nonprofit organization is composed of a wide variety […]

  • Utilities ask DOE to increase nuclear loan guarantees to $122 billion

    Seventeen electric power companies responded to the Department of Energy’s (DOE) June solicitation for federal loan guarantees to support the construction of 21 new U.S. reactors, the agency said Thursday. The power industry has now asked the Energy Department to provide loan guarantees of $122 billion—almost seven times the original $18.5 billion allocated by the […]

  • EPA sets final radiation exposure rules for Yucca Mountain

    According to radiation standards established by the Environmental Protection Agency (EPA) last week, exposure over the next 10,000 years to neighbors of the proposed Yucca Mountain nuclear waste disposal facility in Nevada will be limited to 15 millirem a year—a little less than that from a single chest X-ray.   The Department of Energy’s proposed […]

  • New Jersey newest state to select offshore wind developer

    New Jersey Board of Public Utilities (BPU) on Friday awarded Garden State Offshore Energy (GSOE) $4 million to develop a 345.6-MW offshore wind farm, a project that could be the first offshore wind farm on the East Coast.   GSOE’s proposal calls for building 96 wind turbines arranged in a rectangular grid 16 miles off […]

  • UniStar considers new reactor at Nine Mile Point station in New York

    UniStar Nuclear Energy, a joint venture of Constellation Energy and France’s EDF Group, last week submitted a combined construction and operating license (COL) application to the U.S. Nuclear Regulatory Commission (NRC) for a potential new reactor at Nine Mile Point Nuclear Station in Scriba, N.Y.   The final decision on whether to proceed with the […]

  • Iced in by global warming

    Folks, this is a true story. We do not make this stuff up. As the late, great comic Steve Allen used to say, “I kid you not.” An NBC television crew, dispatched to the Arctic to show the horrendous effects of global warming – an ice-free Northwest passage – was stalled in the Arctic Sea […]

  • The meaning of Kyoto’s failure

    Did the now-irrelevant 1997 Kyoto Protocol reduce global carbon dioxide emissions, or even slow the rate of increase? No, according to Global Carbon Project, established in 2001 to measure worldwide, man-made carbon emissions patterns. According to the project’s “Global Carbon Budget,” released Sept. 25, “Anthropogenic CO2 emission have been growing about four times faster since […]