Oglethorpe Power acquires 465 MW natural gas-fired plant 7.8.2024 Oglethorpe Power announced the acquisition of Walton County Power, a 465 MW, three-unit combustion turbine generation facility in Monroe, Georgia. The facility was purchased from Mackinaw Power Holdings, an affiliate of the global investment firm, The Carlyle Group. Walton County Power began commercial operation in 2001,…
New nuclear power plant eyed in Florida July 8, 2024 After the issue was tucked into a wide-ranging energy bill approved by Gov. Ron DeSantis and the Legislature, state regulators in the coming months will study the feasibility of adding more nuclear power. The Florida Public Service Commission has scheduled a Sept. 5 workshop as…
Arizona voters will vote on going green fast or keeping fossil-fuel choices in the mix July 8, 2024 Three seats on the Arizona Corporation Commission are up for grabs in the coming primary and general elections, and the results of these votes will help set the state’s water and power agenda at a critical juncture.…
New rates approved for Duke Energy Carolinas customers in South Carolina Jul 08, 2024 The Public Service Commission of South Carolina (PSCSC) has approved new customer rates based on a settlement agreement with almost all parties in the Duke Energy Carolinas rate review request filed with the commission in January of this year. The changes…
NextEra CEO says he’d ‘consider’ restarting Duane Arnold nuclear power plant Jun. 27, 2024 The owner of Iowa’s only nuclear power plant — which started the decommissioning process in 2020 — would consider restarting the plant to meet the demand of data centers and other customers, according to its chief executive officer. Emergency managers in…
Texas to double $5 billion state fund aimed at expanding the power grid JULY 1, 2024 The state of Texas plans to double a state fund aimed at expanding the power grid as demand for electricity is expected to nearly double over the next six years. The state will look to boost the Texas Energy…
How Chevron’s fall could remake the energy sector 07/01/2024 The Supreme Court’s decision Friday to give judges more authority over federal agencies creates new hurdles for the Biden administration as it seeks to promote low-carbon energy and address climate change. Forty years after the justices first decided Chevron v. NRDC, the high court opted to…
Despite bad weather and forced power plant outages the nation’s grid was reliable in 2023 Energize Weekly, July 3, 2024 Even in the face of extreme weather events and higher rates of forced outages at generating facilities, the U.S.-Canadian electric grid remained “reliable and secure” in 2023, according to the North American Electric Reliability Corp.…
Major coal CCS project hits delays, cost spikes 06/25/2024 The lead developer of one of the world’s largest carbon capture proposals is delaying a final decision on construction, citing challenges such as “uncertainty” created by EPA’s final power plant rule. Developers of Project Tundra — which envisions capturing up to 4 million metric tons of…
US up to 15 years behind China in nuclear power, report says 6.20.2024 The United States is at least a decade and up to 15 years behind China in nuclear power, specifically rolling out next generation reactors, according to a report from the Information Technology & Innovation Foundation (ITIF), a nonpartisan research institute. The report…
N.C.’s ratepayer advocate: Duke Energy ‘failed’ to consider incentives that would cut costs & enable more clean energy June 25, 2024 Duke Energy’s plan to zero out its carbon pollution all but ignores a federal loan program that could save ratepayers hundreds of millions of dollars and enable more clean energy, the state’s ratepayer advocate…
Record temperatures will increase electricity demand, but not natural gas or coal prices Energize Weekly, June 26, 2024 Record temperatures are set to increase electricity demand this summer, but analyses find that a combination of ample gas storage and more renewable generation will help prevent a spike in natural gas prices. “We expect the U.S.…
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