USNRC Approves Diablo Canyon License Renewals

USNRC Approves Diablo Canyon License Renewals

The United States Nuclear Regulatory Commission (USNRC) renewed the operating licenses for Diablo Canyon Nuclear Power Plant’s two units. The approval, announced April 2, 2026, authorizes each pressurized-water reactor for an additional 20 years of operation....
U.S. Power Grid Adds 20.2 GW of Generating Capacity

U.S. Power Grid Adds 20.2 GW of Generating Capacity

Through July 2024, the U.S. power grid added 20.2 gigawatts (“GW”) of generating capacity according to the U.S. Energy Information Administration. Solar generating capacity was the largest portion, representing 59% of additions. Battery storage and wind...
ISO-NE Announces 18th Annual Capacity Auction Results

ISO-NE Announces 18th Annual Capacity Auction Results

ISO New England Inc. (“ISO-NE”) announced the results of the 18th Forward Capacity Auction on February 9, 2024. The auction included 31,556 megawatts (“MW”) of commitments, including 1,085 MW of new renewable capacity and 5,540 MW of new and existing renewable...
60th RGGI auction clears

60th RGGI auction clears

The Regional Greenhouse Gas Initiative (“RGGI”) announced the results of the 60th auction for carbon dioxide allowances on June 9, 2023. The auction included the sale of more than 22 million allowances at a clearing price of $12.73 per allowance. The...
First Small Modular Reactor Design Certified

First Small Modular Reactor Design Certified

The U.S. Nuclear Regulatory Commission certified the first small scale reactor design in the U.S. on January 20th. Created by NuScale, the design incorporates a module system that utilizes less water and is one-third the size of a traditional large-scale reactor. Each...