How to manage the implosion of nuclear power In 1972, Public Service Electric & Gas Company placed an order for two floating nuclear power plants to be located a few miles off the coast of Atlantic City. The plan called for construction of the 1.1-megawatt plants in Jacksonville, with the reactors to be mounted on … Continue reading How to manage the implosion of nuclear power
How Exelon will keep getting bailout money in Illinois—whether it needs it or not Exelon left little to chance. When policymakers late last year were negotiating a ratepayer-funded bailout to keep two Exelon-owned nuclear plants in Illinois from closing, they wanted to be able to say the subsidies would decline if power prices rose. That … Continue reading How #Exelon will keep getting bailout money in #Illinois — whether it needs it or not
The Energy 202: The United States is running out of nuclear options When planning began on two new nuclear reactors at Plant Vogtle in eastern Georgia a decade ago, Southern Company’s Georgia Power thought the project would be one of several to come online in a wave of new nuclear power plants opening in the … Continue reading The Energy 202: The United States is running out of nuclear options
Luminant’s Comanche Peak-2 reactor in Texas due to return ‘late next week’ The 1,124-MW Comanche Peak-2 nuclear reactor is due to come back online late next week after shutting down June 5 due to problems with a steam turbine, Vistra Energy said Friday. During an earnings call with analysts, Vistra executives said repairs and replacement … Continue reading #Luminant ‘s #Comanche_Peak -2 reactor in Texas due to return ‘late next week’
Nuclear costs continue to rise THE cost of generating electricity has come under considerable scrutiny in recent years. A recent breakdown of an average residential Ontario electricity bill in 2016 is as follows. The total was $176 per month. About half of the bill is from the cost of the electricity itself. Roughly a third … Continue reading Nuclear costs continue to rise
Why Court Victories for New York, Illinois Nuclear Subsidies Are a Big Win for Renewables A federal judge in New York ruled last week that the Empire State’s plan to subsidize nuclear power plants “is constitutional” and “of legitimate state concern.” It’s a significant win for the nation’s largest nuclear fleet owner Exelon, which has … Continue reading Why Court Victories for #New_York, #Illinois Nuclear Subsidies Are a Big Win for Renewables
Profits down at EDF amid ‘intense competition’ and lower nuclear prices FRENCH utility giant EDF has suffered a drop in half-year profits amid rising competition, unexpected outages and lower nuclear energy prices across the UK. The energy provider saw adjusted earnings tumble 21.8% to 6.9 billion euros (£6.1 billion) in the six months to June … Continue reading Profits down at #EDF amid ‘intense competition’ and lower nuclear prices
State regulators grapple with Florida Power & Light nuclear plans With Florida Power & Light saying it expects to “pause” the project, state regulators next month will wade into a dispute about how to handle the utility’s long-discussed plans to add two nuclear reactors in Miami-Dade County. The dispute, detailed in documents filed last week … Continue reading State regulators grapple with #Florida_Power_&_Light nuclear plans
Why we shouldn’t bail out big nuclear The future isn’t what it used to be. We were promised flying cars and jetpacks and bionic limbs and ridiculously cheap nuclear power. Well, cars are still firmly situated on the ground, and Illinois and New York approved massive bailouts for nuclear power plants. Dominion Energy, the owner … Continue reading Why we shouldn’t bail out big nuclear
Another Court Upholds a State Generation Program and Dismisses Challenges to Illinois’ Nuclear Subsidies On July 14, 2017, and several weeks after the Second Circuit rejected challenges to Connecticut’s renewable energy procurement process and renewable energy credit program (see Allco Fin. Ltd. v. Robert J. Klee (Docket Nos. 16-2946, 16-2949)), the U.S. District Court for … Continue reading Another Court Upholds a State Generation Program and Dismisses Challenges to Illinois’ Nuclear Subsidies
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