Constellation Energy in Deal to Buy NRG’s Stake in South Texas Nuclear Project June 4, 2023 Constellation Energy is acquiring NRG Energy’s 44 percent stake in the 2,645-megawatt South Texas Project nuclear plant in Texas. The transaction is valued at $1.75 billion, with an effective purchase price of $1.4 billion after taking into consideration the…
Austin to enter mutual aid agreement with neighboring utility companies after February freeze June 2, 2023 A little over three months after an ice storm left tens of thousands of Austin Energy customers without electricity, some for as long as two weeks, the Austin City Council on Thursday ratified a mutual aid agreement that will…
Duke Energy working to clean up Gallagher coal ash site, will follow any new regulations May 24, 2023 Stricter guidelines could be on the horizon for getting rid of hazardous waste at coal ash dumps in Indiana, including Gallagher Station in New Albany. The Indiana Capitol Chronicle reports the Environment Protection Agency released this month…
Lawmakers eye compromise bill to bolster power lines in permitting negotiations 05/25/23 Lawmakers appear to be considering a compromise bill to bolster the nation’s power lines as part of efforts to tie energy permitting reforms to legislation that would lift the debt ceiling. A source briefed on the issue told The Hill that transmission legislation…
Kentucky’s largest utility tests new law creating barrier to retire fossil fuel plants May 30, 2023 Republican lawmakers in Kentucky, raising concerns that planned and ongoing retirements of coal-fired power plants could affect the reliability and resilience of the electric grid, passed a new law that creates an extra barrier for utilities to retire such…
Ocean Wind 1 project moves forward; BOEM completes environmental analysis May 23, 2023 The Bureau of Ocean Energy Management on Monday said it completed its environmental analysis of the proposed Ocean Wind 1 wind project off the New Jersey Shore. BOEM said Ocean Wind could power up to a half-million homes with clean renewable energy.…
Upcoming CPUC Rulemaking To Streamline Transmission Line Permitting 22 May 2023 The California Public Utilities Commission (Commission) has uploaded a proposed Order Instituting Rulemaking (OIR) that would revamp the permitting process for siting of electric transmission infrastructure within the state of California. The OIR, which is expected to be adopted at the Commission’s May 18,…
FPL proposes another rate reduction beginning in July May 19, 2023 After an initial rate reduction early on in May, Florida Power & Light is proposing another rate decrease, this time a $256 million cut to take effect in July. “This is more positive news for our customers,” said Armando Pimentel, president and CEO of…
U.S. grid facing blackout risks this summer and next winter, reliability agency warns Energize Weekly, May 24, 2023 U.S. power grids are facing a risky summer and an even riskier winter, according to analyses by the North American Electric Reliability Corp. (NERC), the agency that oversees grid reliability and security. While most of the U.S.…
How is Colorado doing in shutting down coal power plants? May 15, 2023 Colorado clean air advocates had a swift reaction to the Environmental Protection Agency’s sweeping new rules to eliminate greenhouse gas and toxic pollution from electric power plants nationwide: Great idea, we’re already there. By the timeline the EPA set for burying carbon…
PG&E has a new way to store radioactive waste at Diablo Canyon nuclear power plant MAY 12, 2023 PG&E will soon have an additional way it stores casks of new highly radioactive spent fuel from Diablo Canyon nuclear power plant. Currently, the spent fuel — radioactive waste that remains dangerous for tens of thousands of…
Three Wisconsin utilities apply for rate hikes in 2024, citing renewable energy construction costs May 15, 2023 Three utilities have submitted proposals to the Public Service Commission of Wisconsin to increase rates in 2024, and consumer advocates worry about how rate hikes could affect customers. Those utilities are Alliant Energy, Xcel Energy and Madison Gas…
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