Legislative
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Coal
Nieto: Mexico’s Energy Transition Will Persevere Despite Dismal Oil Prices
Mexico’s ongoing energy reform is a “paradigm shift” in the way the country obtains, transforms, and exploits its energy resources, President Enrique Peña Nieto told attendees at IHS CERAWeek on February 22. The reform allows the state to maintain ownership of hydrocarbons underground, but it also encourages private participation in the entire hydrocarbon value chain […]
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Legal & Regulatory
Seventeen U.S. Governors Sign Clean Energy Accord
The governors of 17 U.S. states on February 16 signed a landmark agreement to cooperate on expanding clean energy, energy efficiency, and modernizing energy infrastructure. The Governors’ Accord For A New Energy Future makes the case that “new energy solutions” can “provide more durable and resilient infrastructure, and enable economic growth, while protecting the health […]
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Legal & Regulatory
Navigating Legal Implications of Power Industry Regulations
A summary of POWER’s legal affairs conference on power industry regulations.
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Legal & Regulatory
Senate’s Failed Veto Override Leaves WOTUS Rule Intact
Congressional efforts to block the Environmental Protection Agency’s (EPA’s) contentious rule asserting federal authority over small bodies of water were derailed on Jan. 21. Senate Republicans voted 52–40, failing to override the president’s veto of the so-called “Clean Water Rule”—also “Waters of the United States” (or WOTUS) well short of the 60 necessary votes. Clean […]
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Legal & Regulatory
Wisconsin Assembly Votes to Lift Moratorium on New Nuclear Plants
In a voice vote on January 12, the Wisconsin Assembly passed AB 384, a bill that would repeal the statute currently preventing the state Public Service Commission (PSC) from authorizing construction of nuclear power plants in Wisconsin. Specifically, Wisconsin law states that construction of new facilities cannot commence until the PSC issues a “certificate of […]
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Renewables
The State of Energy, Power, Climate Change in Obama’s Past SOTU Addresses
Energy and environment issues have figured prominently in past State of the Union (SOTU) addresses. Here’s a look back at President Obama’s previous speeches. See what Obama said in his final SOTU speech on January 12. 2010: Nuclear Gets the Spotlight In his very first State of the Union address, President Obama called for incentives […]
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Legal & Regulatory
A Look Back at 2015: An Electric Year
From issuance of the final Clean Power Plan to mammoth mergers, 2015 will be remembered as a tumultuous year. Twelve months ago, as folks were emerging from an eventful 2014, POWER made some bold predictions, including that fuel economics will drive 2015 U.S. power markets, and the labor crunch will complicate the gas turbine arms […]
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Legal & Regulatory
Obama Vetoes Resolution to Stop Clean Power Plan
As expected, President Obama vetoed two resolutions on Dec. 18 that would have blocked the Environmental Protection Agency’s (EPA’s) rules on CO2 emissions and halted the administration’s Clean Power Plan. Senate Joint Res. 23 was Congress’ attempt to nullify the EPA’s greenhouse gas (GHG) emissions standards for new, modified, and reconstructed power plants, while Senate […]
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Renewables
Spending Bill Extends Wind, Solar Tax Credits—Provides Money for Coal, Gas, Nuclear, and Power Grid
In a major boost to the wind and solar industries, Congressional leaders agreed on a multiyear extension of renewable energy tax credits, which could provide several years of predictable policies, encouraging investment in new projects. The tax credits are part of a 2,009-page omnibus-spending bill unveiled by the House Appropriations Committee on Dec. 15. The […]
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Legal & Regulatory
Amid “Corporate Welfare” Flak, FirstEnergy Gets Davis-Besse Extension
FirstEnergy Corp., which may enter into a settlement with Ohio to safeguard the future of its Davis-Besse nuclear plant—a deal critics have blasted as “corporate welfare”—just got the Nuclear Regulatory Commission’s permission to operate the 1978-built reactor until 2037. The 20-year license extension marks a milestone for Akron-headquartered FirstEnergy, which has warned it might have […]
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