subsidies

The Department of Energy (DOE) will award credits under its Civil Nuclear Credit (CNC) program to bolster the continued operation of Diablo Canyon Power Plant (DCPP) Units 1 and 2, Pacific Gas and Electric Co.’s (PG&E’s) 2,240-MW nuclear plant in San Luis Obispo County, California. A record of decision published by the agency’s Grid Deployment Office on […]

Facing a federal charge for honest services wire fraud in a corruption case related to the billion-dollar nuclear plant bailout in Ohio, FirstEnergy Corp. has agreed to abide by the terms of a three-year deferred prosecution settlement to get the charge dismissed. In court filings on July 22, the Akron, Ohio-based public utility holding company […]

With subsidies running short and emissions regulations still a challenge, the promise of biomass as a sustainable source for utility-scale power generation remains elusive. Yet, there are novel applications

The 2019 United Nations Climate Change Conference (COP25), held in December in Madrid, Spain, showcased politicians and activists vying for the title of the world’s climate savior. In particular, youth

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 […]

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 […]

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 […]

In an apparent attempt to show supporters he is making good on his pledge to revive the dying coal industry, President Trump has been trying to find a way to funnel tens of billions of dollars to a small

Power regulation in the U.S. is split between the federal and state levels, with the Federal Energy Regulatory Commission (FERC) having jurisdiction over the wholesale sales of electricity and the states

State-imposed standards and financial incentives such as those used to spur widespread adoption of renewables technologies offer a promising model to address challenges to commercialize small modular reactors (SMRs), says a report by the U.S. Department of Energy’s (DOE’s) Office of Nuclear Energy. But to make a meaningful impact, nearly $10 billion in incentives will […]

In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The June 29 order sharply divided the commission, prompting Democrat Commissioners Cheryl LaFleur […]

On May 22, the Edison Electric Institute (EEI), the American Public Power Association (APPA), and two groups representing U.S. and foreign automakers sent a letter to Environmental Protection Agency (EPA)

Few entities have expressed approval of the Trump administration’s plan that includes a directive for system operators to buy or arrange purchase of energy or capacity from designated “fuel secure” power plants for two years until the Department of Energy (DOE) can address “grid security” challenges. The 41-page draft memo dated May 29—which was presumably authored […]

New Jersey’s Assembly and Senate are both poised to vote on controversial bills that seek to subsidize the state’s nuclear power plants, modify the renewables portfolio standard, and support a pilot offshore wind farm. Lawmakers on April 12 could pass the package of bills, which includes S-2313, a bill directing the Board of Public Utilities […]

FirstEnergy Corp. will close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, the company’s competitive arm notified PJM Interconnection on March 28. FirstEnergy Solutions (FES) told the regional transmission organization that it will close the 908-MW Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, by 2020; the twin-unit […]

Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with the state of New Jersey. Exelon agreed in 2010 to close the unit by December 2019—10 years before its license to operate expires—after it decided […]

Public Service Enterprise Group (PSEG) President and CEO Ralph Izzo gave NRG Energy a tongue-lashing for its pointed opposition of subsidies for PSEG’s two New Jersey nuclear power plants. The tense moment at a January 25 legislative hearing that sought to revive the measure is illustrative of a growing chasm within the power sector about the […]

The Department of Energy’s (DOE’s) much-anticipated study on grid resilience and reliability elicited immediate chatter from a variety of industry stakeholders, from power generators and trade groups to environmental and clean energy advocates. The 187-page study essentially notes that unprecedented changes are transforming the electricity industry. Over the past 15 years, market forces—namely, cheap natural […]

A federal judge has let stand Illinois’ zero-emission credit (ZEC) program, dismissing challenges filed by power producers who said the initiative subsidizes nuclear power at the expense of other resources. Judge Manish S. Shah of the U.S. District Court for the Northern District of Illinois on July 14 ruled in favor of motions by the […]

Dominion Energy told POWER it will begin a “strategic reassessment” of its plans for the 2,111-MW Millstone Nuclear Power Station in Connecticut after state legislators effectively blocked a bill that would have provided it a mechanism to bid for state contracts reserved for renewables. Dominion waged a tough campaign to push the bill through the […]

Plans to repower NRG Energy’s coal-fired 435-MW Dunkirk power plant near Buffalo, N.Y., to natural gas that have been stalled for years owing to a legal challenge may finally be revived. NRG Energy mothballed the four-unit plant in January 2016. The company had filed to mothball the facility nearly four years earlier, in March 2012, […]

RESOLVED: Retaining nuclear capacity is necessary to secure a reliable, cost-effective, low-emissions supply of electric power in the United States. That was the proposition for a debate between two high-profile opponents in “A Square-Off on Nuclear Policy” on November 16, the last day of the National Association of Regulatory Commissioners (NARUC) annual meeting in La Quinta, […]

For all the words published over the past several years about electric utility customer defection—thanks to the combination of lower-cost residential solar photovoltaic systems, tax incentives, and net

Lawmakers in Germany have voted to replace subsidies for wind and solar with competitively priced electricity prices. The country’s upper (Bundesrat) and lower (Bundestag) legislative chambers on July 8 voted to adopt an amendment to the Renewable Energy Sources Act (EEG 2016) introduced by Minister of Economics and Energy Sigmar Gabriel. The legislation aims to […]

The European Commission (EC) this April launched an extensive investigation into subsidies that 11 European governments provide to utilities to ensure future power reliability, saying it is concerned that the measures may distort competition. The sector inquiry into capacity mechanisms is the first under European Union (EU) state aid rules introduced in May 2012, which […]