Legislative
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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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Legal & Regulatory
Climate Change Litigation: Implications for States and Power Generators
Climate change litigation in the U.S. has far outpaced climate litigation in any other jurisdiction. In fact, according to Teri Donaldson, partner with DLA Piper, more lawsuits concerning climate change have been decided or settled in the U.S. than in the rest of the world combined. “The success rate in these cases is very low,” […]
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Legal & Regulatory
Senate Votes to Overturn Clean Power Plan
The U.S. Senate late on Nov. 17 passed a pair of resolutions that would overturn recent Environmental Protection Agency rules on power plant emissions, rules that form the core of the Obama administration’s Clean Power Plan. The two resolutions, S.J. Res. 23 and S.J. Res. 24, were passed under a little-used provision known as the Congressional Review […]
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Legal & Regulatory
Germany Lays a New Foundation for Electricity Market
The cabinet of Angela Merkel’s ruling coalition has endorsed changes to the German electricity market, ensuring their passage into law. “This is the largest reform of the electricity market since the energy markets were liberalised in the 1990s, and it will make the electricity market fit for the 21st century,” said Energy Minister Sigmar Gabriel. […]
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Legal & Regulatory
Regulators and Emissions Trading Experts Tackle Intricacies of Clean Power Plan Multi-State Solutions
One of the “flexibility” measures built into the Environmental Protection Agency’s (EPA’s) final Clean Power Plan (CPP) is the option for states to join multi-state emissions trading programs for carbon dioxide. Panelists in a session focused on this issue at the National Association of Regulatory Utility Commissioners (NARUC) annual meeting in Austin largely agreed on […]