EnergySolutions and WEC Energy Group are exploring new advanced nuclear generation at the retired Kewaunee plant, rather than a potential restart, a WEC spokesperson said. The announcement comes amid renewed interest in nuclear to provide low-carbon energy as electricity demand rises. Some of that interest has centered on restarting decommissioned reactors, but much of it...
The application kicks off a multi-year federal permitting process as the country’s largest public power provider works to bring its first advanced reactor online in late 2032. Read the article in Utility Dive here.
The future of key Inflation Reduction Act tax incentives and grant programs hangs in the balance as House and Senate Republicans look to mitigate the expected $4.5 trillion cost of extending individual and business tax cuts passed during the first Trump term. No Congressional Republicans voted for the Inflation Reduction Act in 2022, when Democrats controlled the...
The New Jersey Board of Public Utilities on Tuesday issued a request for information to explore whether new nuclear power plants could advance the state’s goals on electricity affordability, resource adequacy and clean energy. The RFI comes as modeling for New Jersey’s upcoming Energy Master Plan indicates New Jersey will need up to 10 GW of clean, firm capacity...
The PJM Interconnection on Friday said it selected 51 projects to join a fast-track interconnection review process as part of a broad effort to ensure the grid operator has adequate supplies to meet its needs. PJM has been warning that it faces looming power supply shortfalls as its supply isn’t keeping up with demand. That dynamic was...
The Electric Reliability Council of Texas added 43 GW to its five-year load growth forecast last year, or more than one-third of an expected 128 GW of U.S. load growth through 2029, Grid Strategies said in December. New data centers (18 GW), cryptocurrency mines (6 GW), hydrogen production (5.8 GW), other industrial facilities (5.7 GW) and oil...
Driven by data centers and transportation electrification, U.S. electricity demand will increase 2% annually and 50% by 2050, the National Electrical Manufacturers Association said in a study published Monday. Improvements to energy efficiency will mute some potential demand gains, leaving the electrical manufacturing group’s projections “somewhere in the middle” compared with other recent studies, NEMA President and CEO Debra...
The Environmental Protect Agency on Wednesday said it would begin a sweeping rollback of environmental regulations, including air, water and waste rules that affect the power sector. “Today is the greatest day of deregulation our nation has seen,” EPA Administrator Lee Zeldin said in a press release. “We are driving a dagger straight into the heart...
The PJM Interconnection board approved $5.9 billion in new transmission projects to bolster reliability across the grid operator’s footprint, PJM said Wednesday. That, combined with changes to the scope and cost of existing projects, mean PJM’s latest Regional Transmission Expansion Plan is set to cost $6.7 billion, according to the grid operator for 13 mid-Atlantic and Midwestern states...
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