Working Strategies: A 12-month job plan for both tortoise and hare – St. Paul Pioneer Press
Working Strategies: A 12-month job plan for both tortoise and hare St. Paul Pioneer Press
“job” – Google News…
Tag: Plan
Canada Plan to Store Nuclear Waste near Lake Huron Draws U.S. Ire
The post Canada Plan to Store Nuclear Waste near Lake Huron Draws U.S. Ire appeared first on POWER Magazine.
A group of U.S. lawmakers has asked Canadian Prime Minister Justin Trudeau to reconsider that country’s proposed plan to store its nuclear waste at a site near Lake Huron, northeast of Detroit, Michigan.
The site, at Huron-Konloss/South Bruce, in Bruce County, Ontario, is one of two communities chosen by the Nuclear Waste Management Organization (NWMO), which consists of Canada’s nuclear power generating companies and includes Ontario Power Generation, New Brunswick Power Corp., and Hydro-Quebec. The NWMO was established by Canada’s parliament in 2002, and is responsible for designing and implementing the country’s plan for the long-term management of used nuclear fuel.
Bruce County is home to Ontario Power Generation’s Bruce Nuclear Generation Station, the country’s largest nuclear power plant with more than 6 GW of generation capacity. The station, known as Bruce Power, has eight reactors, the most of any operating nuclear station worldwide.…
Plan to Build New 1-GW Plant in Rhode Island Officially Dead
The post Plan to Build New 1-GW Plant in Rhode Island Officially Dead appeared first on POWER Magazine.
A project to build a 1-GW gas-fired power plant in Rhode Island has officially ended, after developer Invenergy took no action to appeal the project’s rejection by state regulators, who earlier this year voted unanimously against the plant’s construction.
Invenergy had until Nov. 15 to challenge the formal denial of a construction license for the project by state officials. The state’s Energy Facilities Siting Board (EFSB) issued that denial on Nov. 5, after the EFSB in June had voted against permitting the project.
The siting board in its denial detailed changes in the regional energy market that factored into its decision to reject the plant’s construction, including that wholesale energy prices in New England have fallen even as coal and nuclear generation has been retired. It cited the growth of energy efficiency programs, lessening power demand, and said solar farms and several offshore wind power projects will provide new regional power generation.…
PG&E Seeking $14 Billion in Restructuring Plan
The post PG&E Seeking $ 14 Billion in Restructuring Plan appeared first on POWER Magazine.
Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $ 14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history.
Bloomberg on September 5 reported that PG&E’s plan, due to be filed September 9, will use a combination of debt and equity to cover the claims from wildfires that state officials determined were caused by the utility’s equipment. PG&E has not provided an estimate for those claims, though Bloomberg reported that the company has assurances from financial groups that it could raise as much as $ 40 billion in debt and equity to cover the wildfire claims and other bankruptcy-related costs.
The report said PG&E’s plan will commit to settling fire claims, continuing current power purchase agreements (PPAs), and exiting bankruptcy without increasing electricity rates.…
Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants
Ohio lawmakers on April 12 announced a plan to provide financial support to the state’s two nuclear power plants by adding a surcharge to customers’ electric bills. The bill’s supporters said it also would generate as much as $ 300 million annually for clean power generation in Ohio, though the measure calls for abolishing mandates for renewable energy.
House Speaker Larry Householder (R), leader of the state’s Republican-controlled House that is backing the bill, said the proposal—called the Ohio Clean Air Program (OCAP) —would do more than save the nuclear plants. About half the money raised by the surcharge would go to Davis-Besse nuclear plant near Toledo and the Perry plant near Cleveland.
The nuclear plants are scheduled to close by 2021 unless operator FirstEnergy Solutions (FES) can find a buyer for the plants or financial relief to keep them open. FES sought bankruptcy protection in March 2018, just after the company notified regional transmission organization (RTO) PJM Interconnection that it would close four uneconomic nuclear units—a total of 4 GW, including the two Ohio plants—in the RTO’s footprint.…
Several States Urge Federal Court to Rule on Clean Power Plan
Seventeen states have asked the U.S. Court of Appeals for the D.C. Circuit to reject the Trump administration’s efforts to further delay the court’s decision on legal challenges to the Clean Power Plan.
In a filing with the court on September 4, the attorneys general of California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Minnesota, New Mexico, New York, Oregon, Rhode Island, Vermont, Virginia, and Washington, noted that the case—State of West Virginia, et. al. v EPA (No. 15-1363)—claimed that the U.S. Environmental Protection Agency (EPA) has taken “undue advantage” of the now 18-month-long abeyance granted to the agency by the federal court to allow it to review the rule.
The states were joined by the District of Columbia, and the cities of Boulder, Colorado; Chicago, New York, Philadelphia, and South Miami, as well as Florida’s Broward County.
The EPA is “prolonging the delay through a series of notices that do not come close to fulfilling EPA’s statutory obligations,” the filing claims.…