Illinois nuclear subsidies unlawful, EPSA, generators tell appellate court The plaintiffs were rebuffed by the district court, which rejected all five of plaintiffs’ claims. After that decision, Abraham Silverman, in-house counsel at NRG Energy, one of the plaintiffs, took the rejection as a good sign, because it would enable NRG to address all of the … Continue reading #Illinois nuclear subsidies unlawful, #EPSA, generators tell appellate court→
New York City needs Indian Point to avoid blackouts Gov. Andrew Cuomo is pushing for the biggest changes in New York’s electric grid since Thomas Edison launched the Electric Age on Manhattan’s Pearl Street in 1882. Not only has Cuomo decided that the state should be getting half of its electricity from renewable sources by … Continue reading #New_York_City needs #Indian_Point to avoid blackouts→
Do coal and nuclear need a helping hand? 5 essential reads The U.S. electricity grid, the sprawling network that delivers power to our homes and businesses, is changing rapidly – a point few experts will debate. But how policies should guide the future of the grid – and specifically which fuel sources should be used … Continue reading Do coal and nuclear need a helping hand? 5 essential reads→
South Carolina Utility Chief Departs After Nuclear Project Fails The head of South Carolina’s state-owned electric utility announced his retirement on Friday, less than a month after the utility abandoned a nuclear project that was stymied by delays and billions of dollars in cost overruns. Lonnie Carter will step down from his post as chief … Continue reading South Carolina Utility Chief Departs After Nuclear Project Fails→
S.C.’s nuclear meltdown: What should happen next? Here’s the issue: Santee Cooper and SCANA, the parent company of South Carolina Electric & Gas, tried to build two nuclear reactors and failed. They just pulled the plug on the projects, costing $9 billion and 5,000 jobs so far. Here’s the question: Who is going to pay … Continue reading S.C.’s nuclear meltdown: What should happen next?→
Interim FERC Chairman: Coal and Nuclear ‘Need to Be Properly Compensated’ One of Neil Chatterjee’s top priorities in his new role as interim chairman of the Federal Energy Regulatory Commission is to ensure coal and nuclear power receive some form of compensation for the “resilience and reliability” benefits they provide to the U.S. electric system. … Continue reading Interim FERC Chairman: Coal and Nuclear ‘Need to Be Properly Compensated’→
After failure of South Carolina nuclear plant, backers seek federal aid WASHINGTON — Proponents of nuclear power are pushing to revive a failed project to build two reactors in South Carolina, arguing that the demise of the $14 billion venture could signal doom for an industry that supplies one-fifth of the nation’s electricity. Even though … Continue reading After failure of South Carolina nuclear plant, backers seek federal aid→
Billions lost in nuclear power projects, with more bills due COLUMBIA, S.C. – A decade ago, utilities were persuading politicians around the country to let them spend big to go nuclear. Expanding nuclear energy capacity was a sure bet, they said: Natural gas prices were rising, energy needs skyrocketing, and the federal government was poised … Continue reading Billions lost in nuclear power projects, with more bills due→
Duke Energy customers could pay for S.C. nuclear plant even if it’s not built Duke Energy has the authority to seek recovery of tens of millions of dollars from South Carolina customers for money it has already spent on a proposed nuclear plant near Gaffney, whether or not the plant is ever built. The authority … Continue reading #Duke_Energy customers could pay for S.C. nuclear plant even if it’s not built→
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