A report by a professor at The Australian National University (“ANU”) has identified approximately 530,000 locations worldwide that would be suitable for pumped hydro energy storage. These sites have a storage potential of approximately 22 million GWh. Research for the ANU report utilized geographic information system (GIS) analysis to find the sites, which are closed-loop…
How valuable are zero-emissions credits (ZECs) to nuclear power plants in Illinois? Without them, operating costs at five of the state’s six nuclear plants run close to wholesale power prices, according to an S&P Global Market Intelligence cost model. In 2017, Clinton Power Station and Quad Cities Generating Station both began receiving ZECs from…
According to S&P Global Market Intelligence (“S&P”), the U.S. power grid is expected to add 49,420 MW of generation capacity in 2019, while 8,597 MW of capacity is expected to be retired. 68% of the capacity to be retired, is coal plants, the largest of which will be the 2,250 MW Navajo Generating Station…
