The money includes funding for high-assay low-enriched uranium, which is needed for certain advanced nuclear reactor designs.
Though obstacles are impeding virtual power plants in the short term, the technology will be a plus for utilities as businesses and for reliability in the long run, the credit rating company predicts.
A Sierra Club proposal that aims to avoid a reliability must-run contract for the 1,280-MW Brandon Shores plant in Maryland is unworkable, the PJM Interconnection found.
The system allows energy to be stored during off-peak hours, when electricity rates are lower, and used during peak demand periods, a company executive says.
The power plant rule that EPA announced on April 25 closely resembles Obama’s Clean Power Plan in key respects — and it will almost certainly suffer the same fate.
The region has typically seen grid demand peak during the summer, but that may change across the next 10 years, says a new capacity and demand report from the New England ISO.
An analysis by Clean Energy States Alliance found 4-hour battery systems more economical than a new F-frame gas turbine, when considering the social costs of carbon and local pollution.
The Treasury Department is opening a second round of funding for 48C tax credits aimed at clean manufacturing.
Faltering energy system performance — which almost caused rolling blackouts — and insufficient scrutiny and transparency after the fact must not be the new normal with winter storms.
The company also said in its latest quarterly report that it had increased its potential liability from a FERC audit of its accounting and other practices to $27 million, and it warned the liability could grow.
The state is attracting residents and industry, resulting in “robust” first-quarter sales, said Andrew Cooper, chief financial officer of APS parent Pinnacle West.
Brookfield will deliver wind, solar and “new or impactful carbon free energy generation technologies” to Microsoft between 2026 and 2030.