nuclear retirements

Marking a major milestone for the U.S. nuclear power sector, the Nuclear Regulatory Commission (NRC) has for the first time issued license renewals that authorize nuclear reactor operation beyond 60 years and up to 80 years.  The regulatory body on Dec. 5 issued subsequent license renewals (SLRs) for Units 3 and 4 at Florida Power […]

Falling natural gas prices tamped down annual U.S. wholesale power prices over the last decade by $7/MWh to $53/MWh—to a much higher degree compared to the impact of wind and solar growth—a new report from Lawrence Berkeley National Lab (LBNL) suggests.  The Nov. 20–published report, The Impact of Wind, Solar, and Other Factors on Wholesale Power […]

Last year, five of the world’s 449 operable nuclear reactors reached 50 years of operation for the first time, four first-of-their kind reactor designs were brought online, and while the industry showed capacity factor impacts from load-following, the global nuclear fleet performed  at an average capacity factor of about 80%, says a new report from […]

A report from an independent market monitor for PJM Interconnection shows that natural gas-fired power generation topped coal-fired output in PJM in 2018, the first time that gas has topped coal in the history of the largest U.S. grid operator. The “2018 State of the Market” report from Monitoring Analytics LLC, which includes Volume 1 […]

After decades of lethargic power demand—and negative growth in 2017—U.S. electricity use is expected to grow steadily through 2050, driven by a healthy economy and increasing efficiency, the U.S. Energy Information Administration (EIA) projects in its Annual Electricity Outlook 2018 (AEO2018). However, during that period, direct-use generation will outpace growth in retail sales as more […]

Two more U.S. nuclear power plants are facing early retirement, joining a string of generators whose fate was determined by market conditions, political pressure, or financial stresses assailing the sector. Several others may be poised to join them. The 647-MW Duane Arnold nuclear plant in Palo, Iowa, will likely close in 2025 after a current […]

Several U.S. states have passed, or are mulling, programs that expand state aid to financially distressed nuclear reactors in a bid to keep them open for economic and environmental reasons. Generators that operate in competitive wholesale markets are perturbed by these measures, which they say amount to nuclear “bailouts.” —Sonal Patel, associate editor (@POWERmagazine, @sonalcpatel) […]

Exelon’s Quad Cities and Three Mile Island nuclear plants have failed to clear the PJM capacity auction for the 2019–2020 planning year, and the future looks grim for at least one of those plants. The Chicago-headquartered company on May 25 confirmed that the two plants would not receive capacity revenue for the period. It also […]

Even if the final Clean Power Plan is not implemented, U.S. electricity-related carbon dioxide (CO2) emissions will remain well below 2005 levels, the Energy Information Administration (EIA) said in a comparison of two cases looking forward through 2040. The cases are part of the agency’s May 17–released Annual Energy Outlook 2016 Early Release (AEO2016 Early […]

North America’s reserve margins are trending downward, even though electricity demand has generally fallen, the North American Electric Reliability Corp. (NERC) warned in a new report. The international regulatory authority established to gauge and improve the reliability of North America’s bulk power system (BPS) said in its annual long-term report that electricity demand has dropped […]