Legislative
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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 […]
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Legal & Regulatory
Deep EPA Budget Cuts Not What Americans Want, Former EPA Heads Say
President Donald Trump’s proposed budget, which cuts funding for the Environmental Protection Agency (EPA) by 31%, will not be received favorably by the American people, former EPA Administrators Gina McCarthy and Carol Browner said March 17 during a call with the press. “This is clear what’s happening. The White House has made a decision that […]
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Renewables
Draft Trump Budget Proposes Major Cuts in EPA, DOE Programs
The Trump administration released a blueprint of its proposed 2018 budget on March 16, likely setting off a major battle with Congress. The budget proposal, “America First: A Budget Blueprint to Make America Great Again” makes major cuts in non-defense discretionary spending over 2017. While funding for the Department of Defense is boosted $52.3 billion, […]
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Legal & Regulatory
Texas Sues Federal Agencies to Force Action on Yucca Mountain
Texas has filed a lawsuit in federal court to stop the Department of Energy (DOE) from spending tax dollars on consent-based siting activity, and to force the Nuclear Regulatory Commission (NRC) and other relevant federal agencies to complete licensing proceedings for the Yucca Mountain nuclear waste permanent repository. The lawsuit filed with the U.S. Court […]
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Nuclear
Nuclear Industry Hopeful Congress Will Resolve Spent Nuclear Fuel Impasse
Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), told POWER on March 9 that the U.S. nuclear industry is optimistic this Congress will work to resolve the nation’s long drawn out spent fuel predicament. Speaking at CERAweek by IHS Markit last week, Korsnick said that optimism was based on Republican domination of […]