Generation: Page 10
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Oklo, Diamondback Energy in talks on nuclear PPA for oil and gas operations
The nonbinding agreement has Oklo providing 50-MW Powerhouse reactors to Diamondback’s operations for as long as 40 years.
By Brian Martucci • April 10, 2024 -
South Carolina advances bill that could spur gas power for Duke, Dominion utilities, hamper solar
Renewable developers EnergyRe and Pine Gate Renewables urged lawmakers to require that utilities add about 8 GW of solar from approved integrated resource plans, with offramps.
By Ethan Howland • April 9, 2024 -
Trendline
Top 5 Stories from Utility Dive
The U.S. energy transition is facing challenges around grid interconnections, project permitting and power system reliability, but state, federal and other solutions are emerging.
By Utility Dive staff -
Bonneville staff backs joining SPP’s Markets+ day-ahead market over CAISO alternative
Bonneville Power Administration staff said they preferred the Markets+ governance structure and carbon accounting over the California Independent System Operator’s day-ahead market.
By Ethan Howland • April 5, 2024 -
NRC should assess if its reactor licensing process adequately considers climate risks: GAO
The federal watchdog found that the Nuclear Regulatory Commission’s natural hazard assessments “do not fully consider potential climate change effects,” such as extreme heat, drought, wildfires and hurricanes.
By Brian Martucci • April 4, 2024 -
New NRC licensing road map aims to add clarity for advanced reactor applications
The detailed guidance could “significantly reduce the regulatory uncertainty” for non-light water reactors submitting construction permit and licensing applications, the Nuclear Regulatory Commission said.
By Brian Martucci • April 3, 2024 -
Coal-to-nuclear transition can be an economic boon for communities: DOE
A 900-MWe nuclear facility could increase direct employment by 102 workers, including dozens of highly paid nuclear engineers and technicians, according to a DOE information guide released Monday.
By Brian Martucci • April 3, 2024 -
SPP capacity accreditation plan disadvantages clean power, threatens reliability, ACP, others say
The American Clean Power Association and other groups urged the Federal Energy Regulatory Commission to reject the Southwest Power Pool’s latest plan to reform its capacity accreditation process.
By Ethan Howland • April 1, 2024 -
MISO seeks FERC approval for new capacity accreditation process to bolster grid reliability
“The changing resource mix combined with extreme weather and shifting load profiles have created what the NERC has characterized as a ‘hyper-complex risk environment,’” MISO said.
By Ethan Howland • March 29, 2024 -
Efficiency, clean energy are options for meeting demand growth before gas generation: Energy Innovation
Texas has met its 2.6% annual demand growth with wind and solar, highlighting how clean energy can handle rising electric use, per the Institute for Energy Economics and Financial Analysis.
By Ethan Howland • March 28, 2024 -
DOE makes $1.5B conditional loan commitment to help Holtec restart Palisades nuclear plant
The 800-MW Palisades nuclear plant in Michigan could be restarted alongside the development of a pair of small modular reactors capable of doubling the facility’s output.
By Robert Walton • March 27, 2024 -
Deep Dive
A new era of price-based demand response emerges, but utilities and regulators need proof of its potential
New load flexibility from price-based demand response programs could be invaluable if reliability and cost-effectiveness is confirmed in real-world operating conditions, stakeholders agree.
By Herman K. Trabish • March 27, 2024 -
FERC affirms generator interconnection rule, but ‘it’s not a silver bullet,’ Christie says
Renewables and storage make up the majority of interconnection queue projects, but they are “not one-for-one replacements” for retiring dispatchable power plants, Commissioner Mark Christie warned.
By Robert Walton • March 22, 2024 -
Microsoft, Google, Nucor partner on initiative to spur emerging 24/7 clean power technologies
The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s.
By Brian Martucci • March 21, 2024 -
Constellation Energy’s $900M green bond is first in US directed at nuclear power, company says
The bond could also be used for “clean hydrogen, energy storage systems, wind repowering and carbon-free energy solutions for Constellation’s commercial customers,” the company said.
By Brian Martucci • March 21, 2024 -
DOE estimates US can nearly double energy derived from waste in new report
The report models several scenarios for bioenergy development, including a 10-year and 20-year projection.
By Jacob Wallace • March 20, 2024 -
New England could see resource adequacy troubles even with billions in investments: ISO-NE
Batteries make up 46% of ISO New England’s interconnection queue, but the grid operator said that as peak demand grows, they may “struggle to recharge during the winter months.”
By Robert Walton • March 19, 2024 -
Up to 58 GW faces retirement in PJM by 2030 without replacement capacity in sight: market monitor
Nearly 60% of the generation that could shutter is deemed “uneconomic,” but capacity prices and other factors could change, potentially easing the risk, the grid operator’s market monitor said.
By Ethan Howland • March 18, 2024 -
3rd Circuit backs NRG, Constellation Energy, others in rejecting FERC move on PJM capacity auction
FERC allowed PJM to adopt a new rule to address anomalous high capacity prices in its latest capacity auction, but the federal appeals court said the change was illegal retroactive ratemaking.
By Ethan Howland • March 14, 2024 -
US electricity prices outpace annual inflation
Analysts cited transmission costs and federal policies for the 3.6% increase the Bureau of Labor Statistics reported Tuesday.
By Robert Walton • March 13, 2024 -
Opinion
Nuclear energy finance bans prevent the world from buying American
Securing financing for commercially-oriented nuclear energy projects is critical for American suppliers to compete against adversarial state-owned entities.
By Kenneth Petersen • March 12, 2024 -
Global small modular reactor pipeline hits 22 GW, with US leading the market: WoodMac
Growing interest from heavy industry and a 25-nation agreement to triple nuclear power globally by 2050 are tailwinds as the first commercial SMR comes online in China.
By Brian Martucci • March 12, 2024 -
DOE’s ARPA-E faces budget cut, FERC to explore AI and other highlights from Biden’s budget
DOE’s Grid Deployment Office, the Energy Information Administration and renewables research would see budget hikes, while nuclear energy research and development spending would be cut.
By Ethan Howland • March 12, 2024 -
Texas loan program for new gas plants would be open to private generators that also supply ERCOT
The Public Utility Commission of Texas could vote next week on rules governing the state’s new loan program for dispatchable power plant construction.
By Robert Walton • March 12, 2024 -
Texas slows development of annual $1B performance credit mechanism designed to boost grid
Implementation will need to occur alongside efforts to operate the Electric Reliability Council of Texas market more efficiently, potentially in 2027, regulators said.
By Robert Walton • March 8, 2024 -
NRC commissioners order changes to proposed licensing rules for advanced reactors
The revisions include removing several new and potentially burdensome regulatory requirements, according to Nuclear Innovation Alliance Research Director Patrick White.
By Brian Martucci • March 6, 2024