By Mark Jaffe, EUCI energy writer New York State is exploring how advanced nuclear power can be part of the state’s push to clean and dependable electricity and will develop a “master plan” for nuclear development, while exploring cost-sharing options with other states. Gov. Kathy Hochul said the state will also support the plan by…
By Mark Jaffe, EUCI energy writer U.S. utility sector investment in electric, gas, and water projects are projected to rise to more than $780 billion between 2025 and 2028, according to a research report by consultant and market analyst S&P Global. Total U.S utility energy investments are projected to set a record at $202 billion…
By Mark Jaffe, EUCI energy writer A record-setting 8.6 gigawatts (GW) of solar capacity was installed in the third quarter of 2024 – a 21% year-over-year increase – but a combination of manufacturing constraints and uncertainty about Trump administration energy policy may cool growth, according to an industry market report. Total solar deployment in 2024…
By Mark Jaffe, EUCI energy writer Global energy project financing – with a few areas of risk such as aging wind farms, data centers, and trade impacts for solar – will be largely stable in 2025, according to report from the investment research company Morningstar. The Morningstar analysis covers its portfolio of wind, solar, river…
By Mark Jaffe, EUCI energy writer Natural gas inventories heading into the winter heating season are at their highest level since 2016, 6% above the five-year average, but electric reliability regulators remain concerned about the impact of freezing temperatures on deliveries to power plants. “While the natural gas industry is making progress on commercial practices…
By Mark Jaffe, EUCI energy writer Six consumer advocates – across four states and the District of Columbia – have filed a complaint with federal regulators contending that the rate design of the country’s largest grid, the PJM Interconnection, is creating “crushing” capacity prices. For the 2025-2026 delivery year, those capacity prices jumped sevenfold to…
Four Kansas GOP members working to blunt federal power on transmission line corridor September 13, 2024 Four Republicans in the Kansas congressional delegation Friday offered support for legislation limiting federal authority to take control of private property for development of a national electric transmission corridor. The bill backed by U.S. Reps. Tracey Mann and Ron…
NTEC receives DOE funding to study Four Corners carbon capture September 16, 2024 A minority owner of the Four Corners Power Plant received federal funding to study retrofitting the coal-fired generating station with carbon capture technology. The Navajo Transitional Energy Company—an enterprise division of the Navajo Nation—announced this week that it has received $6.5 million…
1st molten salt nuclear reactor in 30 years gains historic permit from US Agency Sep 17, 2024 The US Nuclear Regulatory Commission (NRC) has granted Abilene Christian University (ACU) the construction permit for an advanced nuclear reactor called the Natura MSR-1. This is the first liquid salt-fueled reactor ever licensed by the NRC and the…
Google, Amazon, Meta and Microsoft balk at Ohio utility’s demand they pay for electric grid upgrades to support AI rollout Sep. 16, 2024 Google, Amazon, Microsoft and Meta have banded together to fight an Ohio utility that wants them to pay for upgrades to the electric grid that will be necessary to support the Big…
Federal $500M bailout for Muskrat Falls power delays to keep N.S. rate hikes in check September 17, 2024 Ottawa is negotiating a $500-million bailout for Nova Scotia’s privately owned electric utility, saying the money will be used to prevent a big spike in electricity rates. Federal Natural Resources Minister Jonathan Wilkinson made the announcement Monday…
Renewables, cleantech sector will grow regardless of who wins the U.S. presidential election Energize Weekly, September 18, 2024 The results of the U.S. presidential election – even if there is a victory by Donald Trump – will likely not derail growth in the renewable energy and cleantech sectors, according to an analysis by energy consultant…
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