Legislative
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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 […]