Legislative
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Legal & Regulatory
More Premature Nuclear Unit Retirements Loom
Two more U.S. nuclear power plants are facing early retirement, joining a string of generators whose fate was determined by market conditions, political pressure, or financial stresses assailing the sector. Several others may be poised to join them. The 647-MW Duane Arnold nuclear plant in Palo, Iowa, will likely close in 2025 after a current […]
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Legal & Regulatory
What Tax Reform Means for the Energy Industry
One of the most important items on President Trump’s first-year agenda was the implementation of tax reform in the U.S. Republican lawmakers worked tirelessly as the calendar year drew to an end to get a new
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Renewables
Report: Trump Wants Deep Cuts in Clean Energy Programs
Documents obtained by The Washington Post show the Trump administration is prepared to ask Congress to cut the Department of Energy’s (DOE’s) renewable energy and energy efficiency programs by as much as 72% in fiscal year 2019. The newspaper in a January 31 report says Congress likely would not support many of the cuts, but […]
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Nuclear
Is the U.S. Too Reliant on Foreign Uranium for Nuclear Power Plant Fuel? [PODCAST]
The nuclear power industry is struggling in the U.S. Several reactors are at risk of early closure due to difficulty competing in the wholesale power markets. New units being built in South Carolina have been abandoned, while the only other nuclear construction project in the U.S.—the Plant Vogtle expansion in Georgia—is behind schedule and over […]
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Legal & Regulatory
PSEG’s Izzo Blasts Power Company Opposition to Revived New Jersey Nuclear Subsidy Bill
Public Service Enterprise Group (PSEG) President and CEO Ralph Izzo gave NRG Energy a tongue-lashing for its pointed opposition of subsidies for PSEG’s two New Jersey nuclear power plants. The tense moment at a January 25 legislative hearing that sought to revive the measure is illustrative of a growing chasm within the power sector about the […]
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Legal & Regulatory
SCANA Sale in Doubt as Questions Swirl
Several possible suitors for SCANA Corp. emerged last fall when it became evident the South Carolina utility needed a lifeline, after SCANA subsidiary South Carolina Electric and Gas Co. (SCE&G) and state-owned Santee Cooper pulled the plug on the V.C. Summer nuclear project (Figure 1). Now the question is whether those who lost out to […]
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Legal & Regulatory
SCOTUS Sends Controversial WOTUS Rule into More Legal Limbo
The U.S. Supreme Court unanimously reversed and remanded a rule the Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers rolled out in 2015 that asserts federal authority over small bodies of water with a broader definition of the statutory term, “waters of the U.S.” (WOTUS). In a ruling for National Association of […]
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Renewables
European Parliament Adopts Measure to Hike EU Renewables Target to 35% by 2030
A draft law backed by the European Parliament on January 17 proposes to raise the European Union’s (EU’s) renewable targets to 35% by 2030—substantially higher than a 27% target proposed by the European Commission and EU Council. Members of the European Parliament (MEPs) voted 492–88 (with 107 abstentions) to increase the share of renewable sources […]
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Legal & Regulatory
Despite New Jersey Senate Vote on Nuclear Subsidies, Bill May Not Clear Lame-Duck Session
New Jersey’s full Senate is scheduled on January 4 to vote on a bill to subsidize two of the state’s nuclear power plants. However, industry observers posit that the measure won’t clear the full Assembly before the state legislature’s lame-duck session ends on January 9. S.3560 was introduced on December 14 after a preliminary hearing earlier […]
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Legal & Regulatory
Dominion Will Buy SCANA in $14.6B Deal, Writing Off Failed Nuclear Expansion Assets
SCANA Corp., a company reeling from a decision to abandon two half-built nuclear reactors at the V.C. Summer project in South Carolina, is getting a lifeline from Dominion Energy, one of the nation’s largest utilities. The two companies on January 3 announced an agreement to combine in a stock-for-stock merger. The proposed deal is valued […]
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Commentary
Hope in the New Year: Opportunities Abound for the Power Industry
There are challenges facing the power industry in 2018, but there are also a lot of exciting opportunities. Renewable energy and gas-fired generation are expected to continue growing, but changes in federal
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Legal & Regulatory
Europe’s Power Generation Industry Evolves
The European Union (EU) is unequivocally continuing down a path of global climate and energy leadership while bringing online more carbon-neutral fuel systems throughout its 28 member states, closing in on the 2020 goal of a 20% reduction in greenhouse gas emissions (GHG) from 1990 levels. Indeed, the newly released European Environment Agency’s (EEA’s) Trends […]
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Legal & Regulatory
New Jersey Nuclear Subsidy Bill Barrels Out of Committee, Heads for Legislature Vote
A bill backed by outgoing New Jersey Gov. Chris Christie (R) to subsidize the state’s nuclear power plants unanimously passed a joint committee on December 20 and now heads to the full legislature for a vote. S.3560, introduced on December 14, directs the Board of Public Utilities to issue Nuclear Diversity Certificates (NDCs) to nuclear power […]
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O&M
Test Your Knowledge: Differences Between Private Sector and Government Managers
It’s become a cliché that government would be better if it were only run by private-sector managers using standard business practices. However, there are significant differences between the private sector and government. This quiz is designed to test your knowledge of those differences. Create your own user feedback survey To learn 18 more differences, read “25 Differences Between […]
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Legal & Regulatory
Perry Grants FERC’s Request to Delay Grid Resiliency NOPR, But Calls for Urgent Action
Energy Secretary Rick Perry has granted a 30-day extension sought by Federal Energy Regulatory Commission (FERC) Chairman Kevin McIntyre last week to give the regulatory agency more time before it acts on the controversial proposed Grid Resiliency Pricing Rule. In a strongly worded letter, however, he told FERC to act expeditiously to allay reliability threats to […]
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Coal
Pruitt: EPA Rule to Replace the Clean Power Plan Is Coming
Environmental Protection Agency (EPA) Administrator Scott Pruitt told House lawmakers on December 7 that the agency will introduce a rule to replace the Obama administration’s legacy Clean Power Plan. Pruitt told Rep. Raul Ruiz (D-Calif.) in a brief exchange, during a hearing before the House Energy and Commerce Committee Subcommittee on Environment held on Thursday […]
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Legal & Regulatory
McIntyre Takes Reins as New Head of FERC
Kevin McIntyre was sworn in as chairman of the Federal Energy Regulatory Commission on December 7, just more than a month after his nomination to the post was approved by the Senate. He takes over from interim chair Neil Chatterjee, who will remain at FERC as a commissioner. The agency that regulates transmission and wholesale […]
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Nuclear
New Jersey Considers Nuclear Subsidies for PSEG Plants
New Jersey lawmakers are exploring whether to legislatively prop up future operation of two nuclear power plants in the state, holding a hearing on December 4 in which key stakeholders sounded off on how nuclear subsidies could affect the environment, the economy, and the power market. The hearing, jointly held by the state Senate Environment […]
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Legal & Regulatory
Will North American Energy Trade Wax or Wane Under Trump?
Cross-border trade in energy—electricity, natural gas, and oil—has been an unanticipated boon to the U.S., Canada, and Mexico, exceeding $140 billion in 2015. The Trump administration’s antipathy toward
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Nuclear
Officials Ponder Santee Cooper Sale in Wake of Failed Nuclear Project
South Carolina Gov. Henry McMaster (R) wants to sell Santee Cooper, the state-owned utility, even as state lawmakers discuss how to deal with the group’s involvement in the abandoned V.C. Summer nuclear project. Lawmakers also disagree with who should advise the state on a possible sale. Leaders of South Carolina’s House and Senate have hired […]
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Renewables
House Proposed Tax Bill Ends Wind PTC, Extends Nuclear Credit
The U.S. House of Representatives on November 2 proposed a tax bill that would phase out the wind energy production tax credit (PTC), extend a tax credit for the nuclear power industry, add credits for geothermal and fuel cell programs, and end a tax credit for the purchase of electric vehicles. Wind energy proponents decried […]
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Legal & Regulatory
Connecticut, Ohio, Pennsylvania Make Substantive Gains for State Nuclear Subsidies
A bitter dispute concerning subsidies for nuclear generation that has divided the power sector grew more intense over the past week as Connecticut, Ohio, and Pennsylvania advanced efforts to keep nuclear plants operating. At the same time, legal challenges to existing measures in Illinois and New York continued in two federal courts. In Connecticut, Gov. […]
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Legal & Regulatory
PJM: Can the Big Dog Deal with State Interference?
The PJM Interconnection, the largest regional transmission operator in the U.S., faces many problems: adapting to state policies designed to skew power markets in the face of natural gas and renewable
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Legal & Regulatory
Citizens’ Jury Recommends Resuming Nuclear Construction in South Korea
Construction of two nuclear plants in South Korea, halted this July by President Moon Jae-in’s announced policy to phase out nuclear power, will continue after a citizens’ jury voted to resume the projects. Korea Hydro & Nuclear Power (KHNP) was building Shin Kori 5 and 6, two AP1400 units, but the company decided to suspend […]
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Legal & Regulatory
Eversource Will Sell 14 New Hampshire Power Plants, Completing Deregulation
Fourteen power plants in New Hampshire, including nine hydroelectric facilities, will soon have new owners as Eversource Energy divests its holdings in the state to satisfy an agreement with state regulators. Eversource outlined the sale of the hydro assets, along with three fossil fuel-fired plants and two combustion peaker units, in an October 12 filing […]
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Legal & Regulatory
Perry Hammered on FERC Order During House Subcommittee Hearing
Criticism for Secretary of Energy Rick Perry’s recent notification of proposed rulemaking (NOPR) directing the Federal Energy Regulatory Commission to show favor to coal and nuclear plants was in no short supply during an October 12 hearing of the House Subcommittee on Energy. The hearing, which focused on the Department of Energy’s (DOE) missions and […]
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Renewables
EPA Head Pruitt Ready to Repeal Clean Power Plan
Environmental Protection Agency (EPA) chief Scott Pruitt on October 9 said he will sign a proposed rule Tuesday to repeal the Clean Power Plan (CPP), a signature initiative of former President Barack Obama’s administration that mandated cuts in carbon dioxide (CO2) emissions from power plants. Pruitt, speaking to a group of coal miners Monday at […]
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Legal & Regulatory
EPA Ready to Attack Clean Power Plan
The Trump administration’s Environmental Protection Agency (EPA) is considering its options to repeal or replace the Clean Power Plan (CPP), the signature climate regulation of former President Barack Obama. POWER magazine on October 6 obtained a 43-page draft of the EPA’s proposed action on the CPP. The formal document is expected to be released soon. The […]
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Renewables
Power Groups Unite to Block DOE Grid Resiliency Rule; FERC Sets Tight Window for Comment
The Federal Energy Regulatory Commission (FERC) set a three-week window for comment on the proposed Department of Energy (DOE) grid resiliency rule that 11 power trade groups—representing natural gas, wind, solar, public power, and power consumers—worry could have serious ramifications for competitive markets because it favors coal and nuclear. The groups filed a joint motion on […]
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Legal & Regulatory
The U.S.’s War on Coal Is Purported to Be Over—What About the Rest of the World?
The Trump administration unabashedly supports coal, and regulations designed to phase out its use in U.S. power production are being reviewed. But while other nations continue to rely on coal for much of their power, they also are increasing their use of natural gas and renewables, including heavyweight coal users such as China and India. […]