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Nuclear Briefs: Milestones for Reactors in Ontario, Tamil Nadu, and Vermont
In the past week, Ontario’s Bruce A restarted after 17-year hiatus, with hiccups; Indian state approval restarted work to complete Kudankulam; Vermont Yankee turned 40; and Entergy won a new legal round to keep the contested Vermont reactor operating.
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NRG Considers Mothballing N.Y. Coal Plant on Concerns It Is “Uneconomic”
NRG Energy last week filed a notice of intent with the New York Public Service Commission (PSC) to mothball Units 1, 2, 3, and 4 of its 635-MW Dunkirk coal-fired power plant near Buffalo, N.Y., by September this year until market conditions improve.
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FERC OKs New Enforcement Approach for Minor Reliability Standard Violations
The Federal Energy Regulatory Commission (FERC) last week conditionally approved an enforcement approach proposed by the North American Electric Reliability Corp. (NERC) that allows industry to self-report “low risk” reliability standard violations. The initiative will “free up resources and attention to address more serious risks to reliability,” FERC said in its decision.
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Constellation Settles Market Manipulation Allegations with Record-Setting Penalty
An agreement reached between the Federal Energy Regulatory Commission (FERC) and Constellation Energy Commodities Group will require the company to pay $245 million to settle FERC allegations that the company manipulated power markets run by the New York Independent System Operator (ISO) and ISO New England between September 2007 and December 2008. The penalty is the largest ever imposed by FERC under the expanded enforcement authority assigned to the federal body in 2005.
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National Lab: Cap and Trade Does Not Provide Incentives for Technology Innovation
Cap and trade programs to reduce emissions do not inherently provide incentives to induce the private sector to develop innovative technologies to address climate change, according to a new study from the Lawrence Berkeley National Laboratory in the journal Proceedings of the National Academy of Sciences.
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Deep Saline Aquifers Could Provide Century’s Worth of CCS, MIT Study Says
Enough capacity exists in deep saline aquifers in the U.S. to store about a century’s worth of carbon dioxide emissions from the nation’s coal-fired power plants, a new study from researchers at the Massachusetts Institute of Technology (MIT) shows.
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Merger Complete, Exelon-Constellation Combo Is Biggest U.S. Power Utility
Exelon Corp. and Constellation Energy on Monday completed their long-awaited $7.9 billion merger. The combined company, which retains the Exelon name, has a market cap of $34 billion, a 35-GW generation fleet, and activity in 47 U.S. states and some Canadian provinces. It is now the biggest power utility in the U.S.—until the $26 billion Duke-Progress merger is completed, at least.
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House Passes Bill to Minimize Environmental Reviews for Small Hydropower
A bill passed with a bipartisan vote of 265–154 by the U.S. House last week seeks to fast-track permitting for hydropower installations of 1.5 MW or less in canals and pipelines by minimizing environmental reviews.
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NEI: FLEX Fukushima Response Strategy Requires Reactor Operators to Buy Emergency Equipment
The Nuclear Energy Institute (NEI) last week detailed its “FLEX” response strategy, a program that calls for more safety and emergency response equipment at each of the nation’s 104 commercial nuclear reactors. According to the trade industry group, “The initiative commits every U.S. company operating a nuclear energy facility to order or enter into contract for a plant-specific list of emergency equipment by March 31.”
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Battered Solar Sector Saw Record Gains During 2011
A report released today by the Solar Energy Industries Association (SEIA) claims that though the U.S. solar power sector was hard hit by policy changes and plunging global prices of photovoltaic (PV) panel prices, it installed 1,855 MW of PV capacity last year—more than doubling the previous annual record of 887 MW set in 2010.