October 6, 2024

Nuclear Power

Helion
Fusion Company Gets $500M Investment
Private investors poured an additional $500 million into a company that believes the fusion reactor it’s developing can achieve net electricity generation.
NRC
Bankruptcy Court OKs Legal Fees of $65 Million in FES Case
A federal judge in Ohio approved of legal fees of more than $65 million and expenses totaling $2.7 million in the FirstEnergy Solutions bankruptcy case.
PGE
California Needs Its Last Nuclear Plant, Study Finds
A new study says operating PG&E's Diablo Canyon nuclear plant beyond its scheduled 2025 retirement would cut costs, cut emissions and bolster reliability.
David Maiolo, CC BY-SA-3.0, via Wikimedia
Energy Groups Quick to Praise Infrastructure Bill Passage
The House of Representatives’ passage of the bipartisan Infrastructure Investment and Jobs Act quickly set off a chorus of praise from clean energy groups.
Public Service Enterprise Group
PSEG Eyes Federal Tax Credits for Nuclear Plants
PSEG CEO Ralph Izzo says company is "hopeful" Congress will pass $15/MWh tax credit for nuclear.
Palo Verde Generating Station
Palo Verde Hydrogen Demo Gets $20M from DOE
The Palo Verde Generating Station will take part in a U.S. DOE-funded project to use nuclear power to produce hydrogen.
National Clean Energy Week
Overheard at National Clean Energy Week
A two-day Policy Makers Symposium at National Clean Energy Week provided insight into the mainstreaming of the clean energy transition in the U.S.
Christopher Peterson, CC BY-2.5, via Wikimedia
Illinois House Passes Energy Transition Act
The Illinois House approved Gov. J.B. Pritzker’s massive Energy Transition Act, sending the bill back to the Senate for expected concurrence on Monday.
Christopher Peterson, CC BY-2.5, via Wikimedia
Illinois Energy Transition Act Still Being Debated
Illinois lawmakers continue to debate a landmark energy bill aimed at fighting climate change ahead of a Sept. 13 to save the Byron nuclear plant.
PJM
PJM PC/TEAC Briefs: Aug. 31, 2021
PJM is recommending using an installed reserve margin of 14.6%, slightly up from 14.4% required in 2020.

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