Premature retirements of the US nuclear fleet continued last week as Exelon Generation shut down Three Mile Island’s 829 MW Unit 1 reactor, reigniting the debate as to whether or not Pennsylvania should provide financial assistance to its remaining four nuclear plants. One of the remaining plants, Beaver Valley, is scheduled to be shut down…
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…
