news
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History
History of Power: Duke Energy’s Century-Old Legacy
Duke Energy, one of the largest energy companies in the world, grew out of a system of lakes and dams along the Catawba River to generate power for the Piedmont Carolinas. While the company has sustained a
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Legal & Regulatory
UK Leans Heavily on Nuclear in Bold New Energy Strategy
A long-awaited energy strategy published by the UK government on April 6 lays out bold commitments that tackle Great Britain’s multi-pronged challenges, including achieving net-zero carbon emissions while
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Nuclear
INL Mulling Building New Nuclear Reactor to Energize Net-Zero Campus Microgrid
Idaho National Laboratory (INL) is exploring designing, building, and operating an onsite nuclear reactor resource as part of a broader effort to achieve net-zero emissions at its sprawling campus in Idaho Falls by 2031. Battelle Energy Alliance (BEA), an entity that manages and operates the Department of Energy (DOE) national laboratory, on April 29 launched […]
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Nuclear
Doosan Kicks Off NuScale SMR Production for Idaho Nuclear Project
South Korean power industrial giant Doosan has agreed to forge materials for NuScale Power’s small modular reactors (SMR) starting as early as this year, in a project that would support the commercial deployment of VOYGRs—NuScale’s name for its SMRs—at the 462-MWe Carbon-Free Power Project (CFPP) in Idaho Falls. NuScale separately also teamed with American large […]
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Fuel Cells
Bloom Energy Converts U.S. Fuel Cell Fleet to ‘Certified’ Low-Leak Natural Gas
Bloom Energy’s U.S. fuel cell installations deployed at 700 sites will over the next two years use certified, “responsibly sourced” natural gas from EQT Corp. The development marks a pioneering effort by a power generator to bolster its commercial and industrial customers’ environmental, social, and governance (ESG) efforts. Bloom Energy, whose primary business stems from […]
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Nuclear
DOE Poised to Issue Guidance Document for Civil Nuclear Credit Program
The Department of Energy (DOE) will next week kick off its much-watched $6 billion Civil Nuclear Credit (CNC) program to bolster the existing U.S. nuclear fleet by issuing a guidance document that will set down criteria for a combined certification and a sealed bid auction process. The agency said in an April 6 update the […]
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Wind
IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves
The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing to complete projects before crucial tax incentives expired at the end of this year. In its May 27–issued Notice 2020-41, the IRS essentially modified prior […]
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Markets
Despite COVID-19, ERCOT Expects Record Summer Demand; Retired Coal Plant May Resume Service
Despite uncertainties posed by the COVID-19 pandemic, the Electric Reliability Council of Texas (ERCOT) again expects to shatter its peak demand record this summer. Factoring in changes to its generation profile, extreme weather, and low wind output, the grid operator expects energy alerts are still possible. ERCOT’s forward-looking projections for capacity, demand, and reserves are murkier, […]
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International
POWER Digest
Mexico to Launch Pilot Carbon Trade Program. Mexico will launch a yearlong simulation of a cap-and-trade program this November. The pilot program will involve up to 60 companies, allowing them to adapt a