Grid Transmission Progress In The U.S. March 31, 2023 As the U.S. continues to see the highest levels of renewable energy investment in its history, the investment required to expand and improve the energy transmission grid will need to keep pace. This is happening through a combination of private investment and support by the Biden…
Senators lead push to accelerate advanced nuclear deployment April 3, 2023 West Virginia Senator Shelley Moore Capito is trying her hand again at a bill that, if made law, would hasten the rollout of America’s newest fleet of nuclear power reactors. The wide-ranging, bipartisan measure, known as the Accelerating Deployment of Versatile, Advanced Nuclear for…
Electric prices for Connecticut residents likely to drop dramatically during the second half of 2023 April 3, 2023 After three months of paying dramatically higher electric rates, there may be some relief coming this summer for a majority of Connecticut electric customers. The state’s two largest electric distribution companies, Eversource Energy and The United Illuminating…
US Power Plant Firm Goes Bankrupt After Winter Storm Penalties March 31, 2023 Lincoln Power LLC, the owner of two Illinois power plants, filed for bankruptcy after its financial strain was exacerbated by nearly $39 million in penalties levied by the biggest US electric-grid operator. The Chapter 11 filing allows Lincoln, a unit of Carlyle…
The pace of U.S. coal-fired plant closures quickens, coal’s share of generation to plummet Energize Weekly, April 5, 2023 The pace of U.S. coal-fired plant closures continues to accelerate with half of all the capacity, which peaked in 2011, closed by 2026, according to the Institute for Energy Economics and Financial Analysis (IEEFA). In 2010,…
Southern California Edison Improves Grid Safety, Significantly Reduces Wildfire Threat March 27, 2023 Southern California Edison today submitted its 2023-25 Wildfire Mitigation Plan to California’s Office of Energy Infrastructure Safety. SCE has reduced the probability of wildfires associated with its utility equipment by 75%-80% since 2018. This is a significant improvement within a short period…
Radioactive water leaks at Minn. nuclear plant for 2nd time Mar 23, 2023 Water containing a radioactive material has leaked for a second time from a nuclear plant near Minneapolis and the plant will be shut down, but there is no danger to the public, the plant’s owner said Thursday. A leak of what was…
New Ky. law makes it more difficult to retire coal-fired power plants March 27, 2023 Energy utilities now have to prove to regulators their plans to retire fossil-fueled power plants won’t compromise the reliability and resilience of the electric grid in Kentucky. It takes effect immediately. The legislation emerged following a winter storm that wiped…
White House threatens veto for Republican energy package 03/27/23 The White House on Monday threatened a veto of a House Republicans’ energy package, known as H.R. 1, if it makes it to President Biden’s desk. “H.R. 1 would take us backward. Therefore, if presented to the President in its current form, he would veto it,”…
Deep freeze and data concerns test Southeast power market 03/28/2023 When several large electric utilities launched a first-of-its-kind energy trading platform in the Southeast last fall, the pitch was simple: Lower energy bills and deliver more solar power to customers. Now, more than four months after the Southeast Energy Exchange Market began operating, some state…
U.S. EV and battery investments reached $120 billion in 2023 spurred by federal legislation Energize Weekly, March 29, 2023 Electric vehicle (EV) and battery manufacturing investments in the U.S. surged by $120 billion in the last eight years with federal legislation spurring activity, according to a study by the Environmental Defense Fund (EDF). EDF, a…
Appalachian Power updates clean energy plan, requesting solar power purchase, purchase of Ohio wind facility March 20, 2023 In its annual update to its clean energy plan, Appalachian Power last week requested to purchase a 143 MW wind facility in Ohio and the ability to purchase 204 MW of solar energy output from seven other…
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