Latest

  • Duke Energy Projects Lead Carolinas’ Solar Expansion

    Duke Energy on April 17 announced it will develop six utility-scale solar power projects in North Carolina, among 14 solar projects chosen as part of the state’s Competitive Procurement of Renewable Energy (CPRE) program. The 14 projects—10 in North Carolina and four in South Carolina—could cost as much as $772.5 million to build according to […]

  • Leadership Shakeup at ABB Amid Power Grids Business Overhaul

    Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader.  The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]

  • Holtec Adds Indian Point Nuclear Plant to Decommissioning Portfolio

    Entergy on April 16 said it will sell its Indian Point Energy Center to Comprehensive Decommissioning International, a Camden, N.J.-based jointly owned subsidiary of Holtec International, a company buying nuclear plants that are closed or scheduled for retirement. Holtec in the deal will receive funds that Entergy has invested in a decommissioning trust, currently worth […]

  • Dominion Brokers 10-Year Deal to Keep Millstone Nuclear Plant Open

    Connecticut Gov. Ned Lamont on April 15 announced the Millstone Nuclear Power Station will stay open for at least another decade, thanks to a deal between Dominion, the plant’s owner, and utilities Eversource and United Illuminating, a subsidiary of Avangrid. Millstone, like other U.S. nuclear power plants, has been challenged by rising operating costs and […]

  • 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 […]

  • 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 […]

  • 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.), […]

  • Wind Industry Prepares for Massive Expansion

    Construction activity on wind projects across the U.S. surged to a record level of more than 20 GW in the third quarter of 2018, and about 35.1 GW of new wind capacity was under construction or in advanced development at the end of 2018, according to the American Wind Energy Association (AWEA).  In 2018, the […]

  • 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 […]

  • New Cyberattack by Group Behind TRITON/TRISIS Reported

    Cybersecurity firm FireEye has uncovered and is responding to a new intrusion at an unnamed critical infrastructure facility that it suggests in an April 10 blog post was perpetrated by the group behind the TRITON attack, which prompted a process shutdown at a Middle Eastern facility in 2017. But while details of the new attack are sparse, […]