Legislative
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Legal & Regulatory
A Renewed Congressional Focus on Investigating the Energy Industry
Legislative scrutiny of the energy industry have picked up of late. Here are practical steps from law firm K&L Gates that your company could take to prepare for congressional investigations.
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News
Utility Group Under Congressional Investigation Will Disband
A utility industry coalition that has often challenged stricter air pollution and climate rules for power generation said it will dissolve. The Utility Air Regulatory Group (UARG), which has been under investigation from the House Energy and Commerce Committee due to its relationship with the Environmental Protection Agency’s (EPA’s) top air policy official and his […]
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Nuclear
Last Reactor at Three Mile Island Will Shut by End of September
The remaining nuclear reactor at the Three Mile Island Generating Station (TMI) in Pennsylvania will shut down by the end of September. Exelon made that official May 8, setting the closing date for Unit 1 at the financially struggling plant that it first announced it would shutter two years ago. Exelon in 2017 said the […]
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News
UK Milestone: One Week Without Coal-Fired Generation
The UK has gone a week without using electricity from coal-fired generation, according to the National Grid Electricity System Operator (NGESO), which oversees the power network in England, Wales, and Scotland. Government officials said it’s the first time the UK has gone without coal in a week-long period since 1882, when a coal-fired plant opened […]
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Press Releases
Governor Cuomo Announces Third Solicitation for Large Scale Renewable Energy Projects to Accelerate the Development of Clean Energy and Combat Climate Change
Expected to Spur Over One Billion Dollars in Clean Energy Investments and Create Over 1,000 Good-Paying Short- and Long-Term Jobs Accelerates Progress Toward Governor Cuomo’s Proposed Mandate for 70 percent of State’s Electricity to Come from Renewable Sources by 2030 under the Green New Deal Governor Andrew M. Cuomo today announced the third annual solicitation […]
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News
Washington, Nevada Pass Clean Power Legislation
Washington this week became the latest state to establish a goal of 100% carbon-free clean electricity, as lawmakers passed Senate Bill 5116, which mandates a transition to clean power across the state by 2045. The bill was first introduced in January and is expected to be signed into law by Governor Jay Inslee. Washington joins […]
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News
Nuclear Subsidy Dispute Now Rests with FERC, Competitive Generators Say
The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC). The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]
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News
Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants
Ohio lawmakers on April 12 announced a plan to provide financial support to the state’s two nuclear power plants by adding a surcharge to customers’ electric bills. The bill’s supporters said it also would generate as much as $300 million annually for clean power generation in Ohio, though the measure calls for abolishing mandates for […]
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News
Storage ITC Bill Gains Key Industry Backers
Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]
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News
Pressure Mounts as Legislators Try to Save Nuclear Plants
Time is winding down for lawmakers interested in enacting legislation to save the Three Mile Island (TMI) nuclear plant. That message was amplified on April 5 when Exelon Corp. filed the federally required Post Shutdown Decommissioning Activities Report (PSDAR) with the Nuclear Regulatory Commission. The PSDAR details plans for TMI Unit 1 after its final […]
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News
A Real Green New Deal? A Look at the Past for Today’s Energy Policy Solution
Despite years of escalating natural disasters and dozens of reports examining the science and economic cost of climate change, the Green New Deal framework now languishes as a result of political backlash and its outsize ambition to remake the American economy. But dismissing the issue, and this opportunity, is unnecessary and dangerous.
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News
N.C. Officials Order Duke Energy to Excavate Coal Ash Ponds
North Carolina officials have ordered Duke Energy to excavate all its coal ash storage ponds in the state, saying the utility’s current plan for its coal ash sites does not sufficiently protect groundwater. The directive issued April 1 comes after regulators in other states, including Virginia, issued similar rulings regarding coal ash disposal in those […]
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Business
States Seek Financial Tools to Replace Coal with Clean Energy
Colorado lawmakers are considering legislation (HB19-1037) designed to help the state’s investor-owned utilities gracefully back out of non-economic coal-fired power plants. Colorado is at the forefront of
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Commentary
Energy Resilience Demands Action—Just Not This One
In an apparent attempt to show supporters he is making good on his pledge to revive the dying coal industry, President Trump has been trying to find a way to funnel tens of billions of dollars to a small
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News
Bipartisan Senators Move to Cement Nuclear Power’s Future
A wide-ranging bill introduced by a large group of bipartisan U.S. senators on March 27 seeks to cement the role advanced nuclear reactors will play in the nation’s future power mix. The “Nuclear Energy Leadership Act” (NELA), aims to “reestablish U.S. leadership in nuclear energy,” which has been lost to state-sponsored development in Russia and […]
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News
CEOs Say Preserving the Nuclear Power Fleet Is Imperative
Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]
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News
Vogtle Loan Guarantees Praised, Criticized
Energy Secretary Rick Perry on March 22 said his department will guarantee up to $3.7 billion in additional loans to finance continued construction of two new nuclear reactors at the Vogtle plant in Georgia. While Perry and other government officials stressed the importance of the project to the U.S. nuclear industry, critics called it a […]
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Press Releases
GOVERNOR CUOMO ANNOUNCES SELECTION OF DEVELOPER TO INSTALL ROOFTOP SOLAR ARRAYS AT JAVITS CENTER
Siemens to Design and Construct 1.4 MW Renewable Energy Project on Green Roof of Jacob K. Javits Convention Center Largest Rooftop Solar Installation in New York City Advances Governor’s Nation-Leading Clean Energy andJobs Agenda That Puts New York on a Path to Carbon Neutrality Governor Andrew M. Cuomo today announced the selection of a developer to […]
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News
Bipartisan Senators Urge EPA to Drop Proposed Changes to Mercury Rule
A bipartisan group of U.S. senators are urging the Environmental Protection Agency (EPA) to withdraw a proposed rule that they said could “lead to the undoing” of the Obama administration’s Mercury and Air Toxics Standards (MATS). In a March 18 letter to newly appointed EPA administrator Andrew Wheeler, the group led by Sens. Lamar Alexander […]
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Press Releases
US Wind Urges Maryland Legislators to Increase Offshore Wind Capacity and Related Economic Development and Jobs
BALTIMORE, March 11, 2019 /PRNewswire/ — In testimony this week before Senate Finance Committee and House Economic Matters Committee of the Maryland General Assembly, US Wind Country Manager Salvo Vitale urged House and Senate committee members to support HB 1158 and its Senate companion, SB 516 – The Clean Jobs Act of 2019 – citing […]
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News
POWER Notebook: Wyoming Moves to Save Coal Plants
A Wyoming bill designed to keep coal-fired power plants operating in the state was signed into law by the state’s governor last week, one of several developments worldwide that impacted the power generation landscape in early March. Also in the U.S., the Tennessee Valley Authority (TVA) defended its hiring of a contractor that led the […]
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News
States Take Lead with Plans for 100% Carbon-Free Energy
Minnesota and Wisconsin recently joined the list of states aiming for a 100% clean-energy future, while some Illinois lawmakers are pushing for not only carbon-free power, but also 100% renewable energy. Minnesota Gov. Tim Walz (D) was the latest to announce a set of policy proposals designed to lead his state’s electricity sector to 100% […]
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News
Recent U.S. Utilities Bankruptcies Raise Important Questions About Safe Harbor for Forward Contracts
COMMENTARY Are power purchase and similar agreements excluded from the automatic stay under the safe harbor for forward contracts? Both the FirstEnergy Solutions and Pacific Gas & Electric (PG&E) bankruptcies have seen proceedings regarding power purchase and similar agreements (PPAs) that raise this question. Contracts often contain provisions that enable a party to terminate or modify […]
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News
Carbon Capture Proposed to Save New Mexico Coal Plant
The New York-based hedge fund aiming to take over New Mexico’s San Juan Generating Station (SJGS), targeted for closure by state lawmakers, wants to refit the 46-year-old, coal-fired plant to use carbon capture and sequestration (CCS) technology. Acme Equities LLC said last week that retrofitting the 847-MW plant with CCS technology would cut carbon emissions […]
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News
THE BIG PICTURE: Japan’s Nuclear Comeback
After the Great Tohoku Earthquake and tsunami, and ensuing crisis at the Fukushima Daiichi nuclear plant in March 2011, Japan issued stringent safety regulations and reviews that affected its entire 50-reactor fleet. It meant that as each Japanese nuclear reactor entered its scheduled maintenance and refueling outage, it could not returned to operation until restart […]
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News
Germany’s Coal Exit Bound to Be Complicated
Eight years after Germany decided it would halt nuclear power production by 2022, the country that relied on lignite and hard coal for 38% of its generated power in 2018 will phase out coal by 2038 or earlier
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News
Andrew Wheeler Confirmed as EPA Administrator
The Senate on February 28 officially confirmed Andrew Wheeler to be administrator at the Environmental Protection Agency (EPA) on a 52–47 vote, mostly along party lines. The nomination of Wheeler, a former coal lobbyist, was controversial, with many lawmakers and environmentalists criticizing his ties to the coal industry. Wheeler has held the role in an acting […]
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News
Georgia PSC Backs Additional Costs for Vogtle Nuclear Project
Georgia regulators on February 19 approved another $526.4 million in expenditures by Georgia Power related to the long-delayed Vogtle nuclear power plant expansion near Waynesboro, Georgia. Georgia Public Service Commission (PSC) members voted 4-1 to approve a settlement agreement for the 19th Vogtle Construction Monitoring (VCM) Report, which covers the first six months of 2018. The […]
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News
Pennsylvania Is Newest Nuclear Subsidy Battleground
Pennsylvania, the nation’s second-largest nuclear power-producing state, is now definitively a battleground for nuclear power subsidies. Last week, in two memos that were circulated in the state House and Senate, seven lawmakers signaled they would soon introduce legislation that would update a 2004 state law—the Alternative Energy Portfolio Standards (AEPS)—to include nuclear power. The law […]
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News
Decarbonization, Electrification Key Among 8 Priorities for U.S. Investor-Owned Power Companies
In line with customer preferences, U.S. investor-owned electric companies are heavily invested in decarbonization and electrification, the Edison Electric Institute (EEI) told Wall Street analysts and bankers on Feb. 6. In its annual presentation to potential investors and industry observers, the trade association that represents U.S. investor-owned electric companies lamented a number of uncertainties affecting […]