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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 […]

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 […]

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 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 […]

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.), […]

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 […]

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 […]

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, […]

PJM Interconnection said it will hold its 2022–2023 capacity auction under current market rules on Aug. 14, 2019, though the Federal Energy Regulatory Commission (FERC) has yet to issue a decision on the grid operator’s plan to revamp its Minimum Offer Price Rule (MOPR). In an April 10 filing, however, PJM asked FERC to clarify that […]

Financing has reportedly been secured for a 1,600-MW coal-fired power plant in India’s eastern state of Jharkhand. Qatar’s Gulf Times newspaper reported April 6 that Power Finance Corp., a state-run lender in India, and its subsidiary REC approved a $1.5 billion loan for the project. The report said the new plant would be funded through loans […]