Written by dkoplowPosted: Sep. 22, 2017
These have been busy months in the world of subsidies to nuclear power.
1) Reality continues to bite the nuclear renaissance. Over the summer, Duke Energy moved to cancel its Lee nuclear project in North Carolina and its Levy project in Florida. Duke is seeking reimbursement of $353 million in… Read More
Written by dkoplowPosted: Aug. 02, 2017
It's been a rough few months for nuclear power, with the bankruptcy of Westinghouse, the US nuclear arm of Toshiba; continued cost escalation at both US reactor projects and the UK's Hinkley C; and the decision on Monday to abandon two in-process reactors at the V.C. Summer site in South Carolina… Read More
Written by dkoplowPosted: Jul. 20, 2017
PJM Interconnection is a regional transmission operator (RTO) serving more than 60 million customers in 13 states and the District of Columbia. The service region is centered in the mid-Atlantic region of the United States. Incumbent base load generators within PJM have complained that subsidies… Read More