Legislative
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Renewables
Trump Administration Releases Budget Slashing Energy Research
President Donald Trump wants to balance the federal budget in 10 years, and it appears he believes that to do so, deep cuts to the nation’s energy research funding are needed. The administration’s fiscal year 2018 (FY18) budget request, released Tuesday, May 23, cuts funding for the Department of Energy (DOE) by $1.7 billion, a […]
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Nuclear
Ohio Committee Suspends FirstEnergy’s Nuclear Power Rescue Plan
Ohio-based FirstEnergy’s plan for a rescue of its two uncompetitive Ohio nuclear plants took a nosedive May 17, as the Ohio House Public Utilities Committee suspended action on the company’s proposal to charge its customers a fee to subsidize the plants. FirstEnergy’s plan mimics programs adopted in Illinois and New York to create “zero energy […]
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Legal & Regulatory
Senate Committee Takes on Regulatory Reform
The Senate Committee on Homeland Security and Government Affairs May 17 advanced a number of bills that could have significant impacts on the future of energy regulation in the future. Four of the bills— the Regulatory Accountability Act (RAA), the Regulations from the Executive in Need of Scrutiny (REINS) Act, the Midnight Rules Relief Act, […]
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Renewables
After Blackout, South Australia Wrests Control of Its Power Security
Freshly reeling from a statewide blackout, South Australia’s government in March released an energy plan that seeks to cut its reliance on an electricity interconnector with eastern Australia that feeds the
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Legal & Regulatory
Should Investor-Owned Utilities Be Worried About Community Choice Aggregation?
Community choice aggregation (CCA) is only allowed in seven states currently, but recent developments in California have investor-owned utilities there worried. They fear losing up to 80% of their retail load
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Legal & Regulatory
New York’s Ambitious Transitions: Who Wins? Who Loses? Who Knows?
New York’s electricity system and markets face a blizzard of changes, driven by policy, politics, and economic forces. The New York Independent System Operator and the New York State Energy Research and
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Gas
Exelon Chief Is Optimistic Despite Current Nuclear Market Turmoil
Exelon Corp., the nation’s largest nuclear generator, reinvented itself amid recent power pricing swings, market inequities, and policy worries that are challenging its “very existence,” a high-ranking executive told attendees at the ELECTRIC POWER Conference and Exhibition in Chicago this week. Bryan Hanson, president and chief nuclear officer for Exelon Generation, who gave the annual […]
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Legal & Regulatory
U.S. Nuclear: From Hope to Despair
A decade ago, the annual Platts nuclear energy conference in Washington was brimming with optimism over a coming “nuclear renaissance,” as licensing requests poured into the Nuclear Regulatory Commission
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Legal & Regulatory
Trump Signs Energy Independence Executive Order
Surrounded by coal miners, industry leaders, the secretaries of Energy and the Interior, the Environmental Protection Agency (EPA) administrator, and the vice president, President Donald Trump on March 28 signed an executive order rescinding or reviewing key provisions of the previous administration’s climate agenda. “The action I’m taking today will eliminate federal overreach, restore economic […]
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Nuclear
PJM Market Monitor Backs Lawsuit Against Illinois Nuclear Subsidies
PJM Interconnection’s independent market monitor is joining the pushback—spearheaded by a trade group and several generators that operate in competitive wholesale markets—against an Illinois law that props up financially distressed nuclear plants with subsidies. Monitoring Analytics on March 16 filed a motion with the U.S. District Court for the Northern District of Illinois to intervene […]