DOE Prepares Bailout for Unprofitable Power Plants The Federal Energy Regulatory Commission (FERC) has said that the country has ample power to supply market needs. FERC intervened and stopped an attempt by the Department of Energy (DOE) to pick winners and losers in the energy market when it unanimously rejected DOE’s proposal to bailout nuclear … Continue reading DOE Prepares Bailout for Unprofitable Power Plants
Exelon CEO endorses nuke bailout, punts on leaked DOE memo The CEO of the largest U.S. nuclear operator on Wednesday urged the federal government to take urgent action to halt the retirement of nuclear power plants, but stopped short of endorsing the framework for emergency action outlined in a Department of Energy memo leaked last … Continue reading Exelon CEO endorses nuke bailout, punts on leaked DOE memo
DoE pushes itemized power bill The Energy Department is pushing for a uniform electricity bill format, with all the charges itemized or unbundled, to promote greater transparency and empower consumers. The department released a draft circular adopting the framework for a uniform monthly electricity bill format. “The DoE takes cognizance of the need to empower … Continue reading DoE pushes itemized power bill
IPPA, industry groups call on DoE to avoid using emergency authorities The Independent Petroleum Association of America (IPPA) urged U.S. Secretary of Energy Rick Perry on Thursday to refrain from imposing U.S. Department of Energy (DoE) emergency authorities that would provide support to a particular class of power plants. The American Exploration & Production Council … Continue reading #IPPA, industry groups call on DoE to avoid using emergency authorities
DOE Steps Up Investments into Electric Generation Technology Research The U.S. Department of Energy (DOE) over the past two weeks has made a string of funding announcements, including nearly a half-billion dollars of new investment in power-related initiatives. The funding backs advancements in cybersecurity, advanced nuclear, solar, bioenergy, fuel cells, geothermal, and energy storage. $25 … Continue reading DOE Steps Up Investments into Electric Generation Technology Research
DOE could use wartime law to help coal. Here’s how it works Invoking a Korean War-era law to aid struggling coal and nuclear units would represent a dramatic expansion of the Trump administration’s campaign to rescue the industry, lobbyists and analysts said yesterday. The Department of Energy is reportedly weighing use of the Defense Production … Continue reading DOE could use wartime law to help coal. Here’s how it works
Department of Energy Releases Bogus Study to Prop Up Coal Plants A few months ago, the Department of Energy (DOE) made a request to one of its national labs, the National Energy Technology Laboratory (NETL), to study the impacts on the electricity grid of a severe cold snap called the bomb cyclone that hit the … Continue reading Department of Energy Releases #Bogus_Study to Prop Up Coal Plants
Power grid manager PJM to Energy Department: There is no emergency CLEVELAND, Ohio — Power grid manager PJM Interconnection on Friday urged the U.S. Department of Energy not to take extraordinary action ordering subsidies to keep uncompetitive coal and nuclear power plants operating. FirstEnergy’s power plant subsidiary, FirstEnergy Solutions (FES), asked the DOE for the … Continue reading Power grid manager PJM to Energy Department: There is no emergency
DOE embarks on crucial step in renewed renewable-energy push In a bid to give power industry players enough time to comply with the renewable portfolio standards (RPS), the Department of Energy (DOE) has set a two-year period—from 2018 to 2019—as transition years to prepare the mandated participants in developing their compliance plans to the minimum … Continue reading DOE embarks on crucial step in renewed renewable-energy push
Major DOE NOPR supporters skip rehearing requests at FERC Coal and nuclear interests strongly supported the DOE’s proposed grid resilience rule, writing in comments to FERC that electric reliability could soon be threatened if federal officials did not take action to support ailing coal and nuclear generators. FERC disagreed, writing in its decision last month … Continue reading Major DOE #NOPR supporters skip rehearing requests at FERC
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