-
Finance
Witnesses: DOE’s Loan Programs Need Better Monitoring
The Department of Energy’s (DOE’s) loan programs have made more than $30 billion in loans and loan guarantees, but it has not fully developed or consistently stuck to loan monitoring policies, an official from the Government Accountability Office testified before a House subcommittee on May 30. Congress authorized the Loan Guarantee Program (LGP) in 2005 […]
Tagged in: -
Legal & Regulatory
U.S. Sets New Anti-Subsidy Tariffs on Chinese Solar Product Makers
The Department of Commerce preliminarily ruled that China is subsidizing certain crystalline silicone photovoltaic (PV) products at a rate of 18.56% to 35.21%, marking another win for SolarWorld. Commerce announced its affirmative preliminary determination in a new countervailing duty (CVD) investigation on imports of PV cells, modules, laminates, and panels. The agency calculated a preliminary […]
Tagged in: -
Renewables
Carbon Rules Proposed for Existing Power Plants
Existing fossil fuel–fired U.S. power plants must comply with state-specific goals to lower carbon pollution by 2030 under rules proposed by the Environmental Protection Agency (EPA) today. The so-called “Clean Power Plan,” which applies to existing power plants, seeks to cut carbon emissions from the power sector by 30% from 2005 levels by 2030. It […]
Tagged in: -
POWERnews–May 29 2014
Power News Don’t miss these POWER magazine resources: Post Jobs | View Jobs | Buyers’ Guide -
Nuclear
NuScale, DOE Complete Agreement for $217M SMR Development Funds
[Corrected (May 30): See note below] A cooperative agreement finalized by NuScale Power and the Department of Energy (DOE) on Wednesday means the small modular reactor (SMR) developer will receive up to $217 million in matching funds over a five-year-period to perform engineering and testing necessary for design certification. Last December, the Portland, Ore.–based company […]
-
Legal & Regulatory
Final Nuclear, Coal, Oil, and Gas Effluent Guidelines Rule Delayed Until 2015
A final rule establishing national technology-based effluent limitations guidelines and standards to reduce discharges of pollutants from nuclear and fossil fuel power plants to U.S. waters won’t be issued until at least September 2015, the Environmental Protection Agency (EPA) has confirmed. This April, the agency and environmental groups Defenders of Wildlife and the Sierra Club […]
Tagged in: -
POWERnews–May 23, 2014
Power News Don’t miss these POWER magazine resources: Post Jobs | View Jobs | Buyers’ Guide -
Business
DOE Suspends $750M Annual Nuclear Waste Fee
As of May 16, the Department of Energy (DOE) will no longer collect the one-tenth-of-a-cent fee per kilowatt-hour of power generated by nuclear plants that was set by the Nuclear Waste Policy Act of 1982. In a letter dated May 12, the DOE notified generators storing spent nuclear fuel that is meant to be disposed of […]
Tagged in: -
Nuclear
NEI: NRC Proposal to Collect More Fees from Nuclear Generators is “Unjustified”
The $930.7 million proposal by the Nuclear Regulatory Commission (NRC) to recover 90% of its budget authority through licensing, inspection, and annual fees to be charged to U.S. nuclear generators in fiscal year (FY) 2014 is a 7.7% hike from the year before, but it is “unjustified,” given the decline in the number of operating […]
-
Environmental
New York Mulls Requiring Utilities to Address Climate Change Risks
New York Attorney General Eric Schneiderman on Tuesday announced his office would propose legislation that would require electric and gas utilities to assess and document their systems’ vulnerability to climate change. Though Schneiderman hasn’t yet set a date for when his office will propose the state bill, the legislation is likely to establish a framework […]
Tagged in: