03.09.2010 | BY GEORGE LOBSENZ
With the problems at its Vermont Yankee nuclear plant looming ever larger, Entergy Corp.’s plan to spin off six reactors into a new merchant unit appeared to sink further into a bureaucratic morass at the New York State Public Service Commission last...
03.09.2010
Energy Secretary Steven Chu Monday announced the department has awarded a total of approximately $40 million to two teams—one led by Westinghouse Electric Co. and the other by General Atomics--for conceptual design and planning work for the so-called...
03.05.2010
In surprisingly candid remarks to reporters, Energy Secretary Steven Chu said Thursday that the Obama administration was seeking “quite small” credit subsidy payments from Southern Co. to support a federal loan guarantee for its new reactor...
03.01.2010 | BY CHRIS HOLLY
Arizona legislation to allow utilities to use nuclear and hydro generation to meet a state renewable electricity standard was dropped last week after utilities and solar companies blasted the measure and a Chinese solar manufacturer threatened to cancel plans...
02.25.2010 | BY JEFF BEATTIE
Despite Entergy Corp.’s last-minute efforts to sway Vermonters’ sentiment in favor of keeping the plant open for 20 more years, the Vermont Senate voted 26-4 Wednesday to close the aging Vermont Yankee nuclear plant when its current license...
02.24.2010 | BY GEORGE LOBSENZ
Saying it would save more than $1 billion compared to “traditional” decommissioning methods, the Energy Department said Tuesday it was moving ahead with a $297.5 million project to close in place “for centuries” two contaminated...
02.22.2010 | BY JEFF BEATTIE
In an abrupt and largely unexplained leadership change, EnergySolutions Inc. announced early Friday morning that its board of directors had accepted the resignation of Chairman and Chief Executive Officer Steve Creamer and named Val John Christensen, the...
02.18.2010 | BY JEFF BEATTIE
Ending a nasty dispute between one-time project partners, San Antonio’s city utility said Wednesday that it has struck a deal with NRG Energy Inc. letting the city out of a new reactor project at the existing South Texas Nuclear Project plant while...
02.18.2010 | BY CHRIS HOLLY
In the first legislative proposal to emerge since a trio of senators began work on compromise climate change legislation, Sen. Lindsey Graham is floating draft legislation to establish a clean energy standard requiring utilities to obtain a percentage of...
02.17.2010 | BY JEFF BEATTIE
In an enormous boost to the U.S. nuclear industry, President Barack Obama Tuesday said his administration will guarantee $8.33 billion in loans for a Southern Co.-led effort to build two new nuclear reactors in Georgia, a move expected to shave hundreds of...
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