Legislative
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Legal & Regulatory
DOE, EPA Appropriations Bills See Movement on the Hill
House of Representatives appropriators July 12 took up their responses to President Donald Trump’s controversial fiscal year 2018 (FY18) budget requests for the Department of Energy (DOE) and the Environmental Protection Agency (EPA). Both bills were favorably reported out of their respective markups. The House FY18 Energy and Water Appropriations Bill, which funds DOE, came […]
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Coal
Bipartisan Group Backs Extension of Carbon Tax Credit
A bipartisan group of U.S. senators has announced plans to reintroduce legislation called the FUTURE Act, which would extend and expand the federal 45Q tax credit for carbon dioxide capture and sequestration. The bill has the support of both fossil fuel companies and environmental groups. At present, the 45Q provision awards $10 per metric ton […]
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Commentary
FERC: And Then There Was One
Behold, the Federal Energy Regulatory Commission (FERC): Cheryl LaFleur, chairman and sole commissioner. Thanks to a largely feckless Trump administration, the five-member FERC now consists of only one member, leaving the commission, an important energy infrastructure agency, continued partially crippled for lack of a quorum. FERC has been hobbled since early February, when Trump demoted […]
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Renewables
Four Things That Are Killing Coal
Although President Trump has been promoting a pro-coal energy agenda, there are four things killing coal that the administration may not be able to remedy. That was the message Bill Ritter Jr. delivered to American Society of Mechanical Engineers (ASME) Power and Energy Conference & Exhibition attendees during his keynote address on June 27. Ritter […]
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Nuclear
Millstone Weighs Options as Opposition to Financial Aid Continues
Groups opposed to financial relief for Connecticut’s 2,111-MW Millstone Nuclear Power Station continue to press their case against subsidies for the plant as state lawmakers prepare for a special session to prepare a state budget for the new fiscal year, which begins July 1. The regular 2017 legislative session ended June 7. Dominion Energy in […]
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Nuclear
House Passes PTC Extension for New Nuclear Facilities
A bipartisan bill extending a production tax credit (PTC) for advanced nuclear power facilities passed the U.S. House on a voice vote on June 20. The bill, introduced by Congressman Tom Rice (R-S.C.), seeks to give facilities that use novel nuclear power technologies more investment certainty. The nuclear PTC was established under the Energy Policy […]
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Renewables
Dominion to Reassess Plans for Millstone’s Continued Operation after Connecticut Nuclear Support Bill Thwarted
Dominion Energy told POWER it will begin a “strategic reassessment” of its plans for the 2,111-MW Millstone Nuclear Power Station in Connecticut after state legislators effectively blocked a bill that would have provided it a mechanism to bid for state contracts reserved for renewables. Dominion waged a tough campaign to push the bill through the […]
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Legal & Regulatory
Coal Is Back
Although I’m sure some readers will consider the title of this column hyperbole, coal is back. It’s back in the public discourse, and that’s largely due to the Trump administration. President Trump was
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Legal & Regulatory
Power Market Operators and Participants See a Glimmer of Optimism in Current Chaos
The conversation at the ELECTRIC POWER Conference and Exhibition, as underscored by comments made in its keynote address and at the annual event’s executive roundtable, was optimistic yet cautious, owing to
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Legal & Regulatory
Exelon Announces Three Mile Island Nuclear Plant to Close in 2019
Exelon Corp. said it plans to retire the Three Mile Island (TMI) nuclear power plant around September 30, 2019, unless policy reforms are enacted in Pennsylvania. The company used a similar ploy in Illinois to pressure lawmakers into passing the state’s Future Energy Jobs bill, which provides subsidies for nuclear power plants. In that case, Exelon […]