Congestion on the U.S. electric grid added $20.8 billion in costs in 2022 Energize Weekly, July 26,2023 The increasingly choked U.S. electric grid – sometimes preventing the cheapest generation from getting online – cost consumers $20.8 billion in 2022, a 55 percent year-over-year increase, according to utility consultant Grid Strategies. “This trend reflects the greater…
DTE Energy to move up retirement of its coal-fired Monroe Power Plant by 3 years July 12, 2023 Detroit-based DTE Energy Co. announced a clean energy plan Wednesday that includes moving up the retirement of its coal-fired Monroe Power Plant — one of the largest emitters of greenhouse gases in the United States — from…
Holtec gets NRC go-ahead for US used nuclear fuel store 13 July 2023 Holtec International has received the final licence from the US Nuclear Regulatory Commission (NRC) for construction and operation of a waste storage facility in Lea County, southeast New Mexico. The site will temporarily store nuclear waste from nuclear power plants across the…
Maine’s electric rates expected to rise through 2024 until solar subsidies ease July 13, 2023 Mainers can expect more rate hikes for electricity through the end of next year until the solar subsidies that have driven up rates for consumers wind down. The Legislature is reining in its costly net energy billing program, which was…
Duke Energy Kentucky partners with Amazon for solar project July 10, 2023 Duke Energy Kentucky recently completed a new utility-scale rooftop solar project on the Amazon Air Hub rooftop adjacent to the Cincinnati/Northern Kentucky International Airport. This project is the largest rooftop solar array in the state, with over 5,600 photovoltaic panels on the 800,000-square-foot…
Ontario Building More Small Modular Reactors to Power Province’s Growth July 07, 2023 The Ontario government is working with Ontario Power Generation (OPG) to commence planning and licensing for three additional small modular reactors (SMRs), for a total of four SMRs at the Darlington nuclear site. Once deployed, these four units would produce a total…
NS Power plans to produce electricity with fuel oil until 2050 instead of with coal July 4, 2023 Nova Scotia’s power utility plans to convert a coal-burning electricity station in Cape Breton to burn heavy fuel oil once federal regulations phase out coal entirely in 2030. The proposal has raised the eyebrows of one utility…
Global EV sales set to triple by 2026 led by China, Europe, and the U.S. Energize Weekly, July 12, 2023 Electric vehicle (EV) sales are projected to almost triple between 2022 and 2026, reaching nearly 27 million vehicles as the technology pushes beyond automobiles to trucks and buses, according to an analysis by BloombergNEF (BNEF).…
US government sets sight on Great Lakes for offshore wind 06/30/2023 While efforts to expand offshore wind in the U.S. are currently focused primarily on the coastal regions of the Atlantic, Pacific and Gulf of Mexico, another body of water is once again coming into focus: the five Great Lakes on the border between Canada…
How old coal plants could help fuel a renewable boom 06/30/2023 When Pennsylvania’s largest coal plant closes Saturday, it will leave behind more than towering smokestacks and mounds of coal waste. The Homer City Generating Station has a valuable asset: a connection to both the nation’s largest regional power grid and the grid that powers…
Palisades nuclear plant gets $150 million in Michigan budget Jul. 03, 2023 Michigan lawmakers included $150 million toward the effort to restart the Palisades nuclear plant as part of a record $81.7 billion state budget passed last week. State officials contributed the millions in taxpayer dollars toward Holtec International’s effort to get the nuclear plant…
City eyes recent land purchase for power plant June 28, 2023 In April, the City of Mesa finalized a deal to purchase 9 acres of vacant land at the northeast corner of University and Stapley drives from the U.S. Government for $2.6 million. In the quitclaim deed transferring the property to the city, the U.S.…
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