News

The nation’s 99 nuclear plants produce about 19% of the country’s power, but they also contribute about $60 billion annually to gross domestic product (GDP), a new Brattle Group report finds.  The report, “The Nuclear Industry’s Contribution to the U.S. Economy,” prepared for pro-nuclear group Nuclear Matters says, “Several factors are at play that may […]

Environmental Protection Agency (EPA) Administrator Gina McCarthy remains firm in her resolve to create a landmark rule to reduce carbon emissions from power plants later this year. Speaking at the St. Regis Hotel in Washington, D.C., during an event sponsored by AREVA and hosted by The Christian Science Monitor, McCarthy said, “Last week’s ruling will […]

Mississippi Power must rebate $281 million in funds collected since 2013 for rate increases related to the lignite-fired power plant under construction in Kemper County, the Mississippi Public Service Commission (MPSC) ordered on Tuesday.  The state regulatory body also ordered the company and its parent company Southern Co. to stop collecting Kemper’s rate on customer […]

Five of Germany’s largest lignite power plants will be mothballed to allow the country that is already phasing out nuclear power to meet ambitious climate goals by 2020.  In what it called a “milestone decision,” the government on July 2 agreed to scrap plans to impose a controversial—and by some accounts, illegal—climate tax for conventional […]

A new report from the Government Accountability Office (GAO) reveals surprising aspects about how federal subsidies for electricity have been distributed, how the power generation mix has shifted, and how consumption has transformed since 2001.  The June 29–released report, “Generation Mix has Shifted, and Growth in Consumption has Slowed, Affecting System Operations and Prices,” responds […]

Thirteen states are suing the Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers over the recently finalized Clean Water Rule, which they say illegally puts the federal government in charge of a majority of water and land resources in the U.S.  North Dakota, Alaska, Arizona, Arkansas, Colorado, Idaho, Missouri, Montana, Nebraska, Nevada, […]

Puerto Rico Electric Power Authority, PREPA, Wednesday made a $415 million payment to its creditors (mostly hedge fund investors), avoiding a default and giving the troubled government-owned utility more time to work out a deal to restructure its $9 billion debt. Had the utility defaulted, according to financial experts, it could have triggered the default […]

The Nuclear Regulatory Commission (NRC) released details from its security inspection program for commercial nuclear power reactors and Category I fuel cycle facilities, finding only one “failure to protect designated target set components effectively” during the 23 NRC-evaluated force-on-force (FOF) exercises conducted in 2014. Although not perfect, the marks are far better than inspection results […]

China on June 29 submitted its Intended Nationally Determined Contribution (INDC) for reducing carbon emissions to the United Nations in preparation for the COP21 climate negotiations in Paris later this year. The INDCs are formal pledges toward a hoped-for binding agreement. The Chinese pledge builds on its November agreement with the U.S. In its INDC, […]

Wind is no longer a niche alternative energy industry, American Wind Energy Association (AWEA) CEO Tom Kiernan told attendees at WINDPOWER 2015.  Despite policy hurdles, the wind sector has seen exponential growth and formidable cost reductions; it has the government’s endorsement for a low-carbon future; and it’s making up an ever-larger share of the nation’s […]