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PJM Auction Signals Trouble for Nuclear, Coal, and Even Renewables

PJM Auction Signals Trouble for Nuclear, Coal, and Even Renewables Two nuclear plants owned by Exelon Corp. in Illinois and Pennsylvania failed to clear PJM Interconnection’s latest annual capacity auction, putting one of those financially crippled units at risk of early retirement. Meanwhile, procurements for solar, wind, and demand response fell dramatically compared to last … Continue reading PJM Auction Signals Trouble for Nuclear, Coal, and Even Renewables

#FirstEnergy CEO Chuck Jones appeals to #Ohio_Senate committee to support nuclear power subsidy

FirstEnergy CEO Chuck Jones appeals to Ohio Senate committee to support nuclear power subsidy COLUMBUS, Ohio — FirstEnergy’s effort to persuade state lawmakers that its nuclear power plants won’t survive without a state-mandated customer surcharge is now focused on the Ohio Senate. FirstEnergy CEO Chuck Jones, accompanied by lobbyists, told members of the Senate Public … Continue reading #FirstEnergy CEO Chuck Jones appeals to #Ohio_Senate committee to support nuclear power subsidy

#Amazon ’s Clean Energy Procurements Should Include Nuclear, Say Advocates

Amazon’s Clean Energy Procurements Should Include Nuclear, Say Advocates A coalition of scientists, clean energy advocates, business leaders and Ohio political leaders is asking Amazon to expand its renewable energy procurement policy to include nuclear power, in the hopes of saving two plants in Ohio that might go out of business. Amazon is a major … Continue reading #Amazon ’s Clean Energy Procurements Should Include Nuclear, Say Advocates

Regulators probe #Duke about #Lee nuclear plans in wake of #Westinghouse bankruptcy

Regulators probe Duke about Lee nuclear plans in wake of Westinghouse bankruptcy Regulators in North Carolina are keeping a close eye on Duke’s nuclear project in the Palmetto State, wary that financial woes at Westinghouse could spread to the utility. NCUC has asked Duke to provide information on several topics, including: its assessment of the … Continue reading Regulators probe #Duke about #Lee nuclear plans in wake of #Westinghouse bankruptcy

#Ohio Protects Customers, Puts the Brakes on #FirstEnergy ’s Nuclear Bailout

Ohio Protects Customers, Puts the Brakes on FirstEnergy’s Nuclear Bailout (COLUMBUS) The Ohio House’s Public Utilities Committee yesterday suspended further hearings on FirstEnergy’s nuclear subsidy proposal. The Ohio-based utility has been seeking a $5.25 billion bailout for its two nuclear reactors, which have been struggling to compete in the state’s competitive electricity market. Environmental Defense … Continue reading #Ohio Protects Customers, Puts the Brakes on #FirstEnergy ’s Nuclear Bailout

Time to stop confusing nuclear weapons with nuclear power

Time to stop confusing nuclear weapons with nuclear power News of the partial collapse of an abandoned storage tunnel at the Hanford nuclear site in Washington state has stoked predictable reactions from nuclear energy opponents. Despite the fact that Hanford was a facility dedicated to the production of nuclear weapons, anti-nuclear groups have been quick … Continue reading Time to stop confusing nuclear weapons with nuclear power

EIA : Natural gas, renewables squeeze nuclear capacity

EIA: Natural gas, renewables squeeze nuclear capacity Nuclear energy is reliable and its generation produces no carbon emissions, but EIA says the long-term outlook for the industry is dim. The plants “make up a disproportionately large share of generation compared with their share of electricity generating capacity,” EIA said in a research note. As more … Continue reading EIA : Natural gas, renewables squeeze nuclear capacity

EIA Predicts Nuclear Share of U.S. Generation to Fall Nearly 10% by 2050

EIA Predicts Nuclear Share of U.S. Generation to Fall Nearly 10% by 2050 In 2016, nuclear power accounted for about 20% of U.S. power generation, but that share is expected to fall to just 11% in 2050, according to the U.S. Energy Information Administration’s (EIA’s) 2017 Annual Energy Outlook (AEO2017). According to the EIA, 25% … Continue reading EIA Predicts Nuclear Share of U.S. Generation to Fall Nearly 10% by 2050