Nuclear

Fault Lines Emerging in EU Plan to Label Natural Gas, Nuclear as Green Investments

Fault Lines Emerging in EU Plan to Label Natural Gas, Nuclear as Green Investments

New natural gas and nuclear energy projects could be classified as “green” investments to help the European Union (EU) reach its net-zero emissions target by 2050, according to a draft proposal by the European Commission (EC) published this month. Regulations proposed under the EC’s taxonomy draft, part of a set of policy initiatives called the…

January 10, 2022
Exelon Pouring $300M into Nuclear Upgrades as Illinois Targets 100% Clean Energy by 2050

Exelon Pouring $300M into Nuclear Upgrades as Illinois Targets 100% Clean Energy by 2050

Exelon Generation plans to invest more than $300 million in capital projects to upgrade its nuclear power plants in Illinois as a result of sweeping clean energy legislation passed last month. Gov. J.B. Pritzker in mid-September signed Senate Bill (SB) 2408 to put Illinois on a path toward 100% renewable energy by 2050. The bill…

October 12, 2021
Natural Gas to Prove Far More Resilient than Coal Amid Energy Transition, Raymond James Says

Natural Gas to Prove Far More Resilient than Coal Amid Energy Transition, Raymond James Says

Demand for natural gas is likely to prove strong for several more years, and the fuel should maintain its market share in the electricity mix despite a transition to renewable sources of power such as wind and solar, Raymond James & Associates Inc. analysts said. “We believe that gas-fired generation has room to grow on…

August 9, 2021

Another Carbon-Neutral LNG Deal Signed in Asia — The Offtake

A roundup of news and commentary from NGI’s LNG Insight Japan’s Mitsui & Co. Ltd. has agreed for the first time to supply gas utility Hokkaido Gas Co. Ltd. with carbon-neutral LNG. The 64,000 million metric ton cargo is set to arrive later this month. The shipment will be offset with emissions credits and delivered…

March 8, 2021
Natural Gas-Fired Generation Increased Even as Covid-19 Hammered Demand

Natural Gas-Fired Generation Increased Even as Covid-19 Hammered Demand

Even amid lower overall electricity consumption due to Covid-19 mitigation efforts, natural gas-fired power generation grew 55,000 GWh year/year through the first half of 2020, according to the Energy Information Administration (EIA). Comparing the first six months of 2019 to the first six months of 2020, natural gas was the fastest growing source of electric…

August 13, 2020
Ohio Speaker, Others Tied to Bribery Scheme for Nuclear Power Bailout Opposed by Natural Gas, Oil Industry

Ohio Speaker, Others Tied to Bribery Scheme for Nuclear Power Bailout Opposed by Natural Gas, Oil Industry

Ohio Speaker of the House Larry Householder was arrested Tuesday and charged in a federal racketeering conspiracy for his alleged role in helping to pass legislation last year to provide subsidies for two nuclear power plants operated by FirstEnergy Corp. subsidiaries. An 80-page criminal complaint filed by the U.S. Attorney’s Office for the Southern District…

July 22, 2020

Referendum Possible on Ohio Nuclear Subsidy Bill Threatening Natural Gas

The Ohio Supreme Court provided a glimmer of hope last week for opponents of state House Bill (HB) 6, which mandates $150 million in annual subsidies over seven years for two nuclear power plants in the state, and is therefore seen as a threat to natural gas-fired power generation.

December 30, 2019

Ohio Supreme Court Keeps Hope Alive for Opponents of Nuclear Subsidy Bill

The Ohio Supreme Court provided a glimmer of hope on Tuesday for opponents of state House Bill (HB) 6, which mandates $150 million in annual subsidies over seven years for two nuclear power plants in the state.

December 27, 2019
Massive Natural Gas-Fired Power Plant Moving Forward in Ohio

Massive Natural Gas-Fired Power Plant Moving Forward in Ohio

Construction of what would be one of Ohio’s largest natural gas-fired power plants has started in the heart of the Utica Shale, despite nuclear power subsidies set to take effect next year that have derailed other projects.

September 4, 2019

Natural Gas Industry Decries Passage of Ohio Nuclear Power Subsidies

Despite strong opposition from the natural gas industry, environmental groups and others, the Republican-controlled Ohio legislature on Tuesday passed a bill to subsidize two nuclear power plants operated by bankrupt subsidiaries of FirstEnergy Corp.

July 23, 2019
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