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Nuclear Energy’s Unsettled Revival

Circle of Blue

In January, executives at Constellation Energy startled the world with their plan to restart the closed and cold 840-megawatt Unit 1 reactor at Three Mile Island nuclear power station, site of one of the most dangerous meltdowns in atomic history. Earlier this year when Constellation announced the $1.6 More are on the way.

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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

The proposed rule is currently under a comment period with a deadline of February 26, 2024, and a public hearing regarding the guidance will be held on March 25, 2024. In May 2023, the company put a $900 million nuclear-powered clean hydrogen production facility on hold, awaiting clarity on the rules.

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Climate Choices Part II — Session Law 2021-165 (Carbon Reduction Plan)

Smith Enviorment

Instead, the Utilities Commission authorized Duke Energy to take a number of near-term actions in 2023-2024 and created a process for reviewing the electric generation portfolio every two years. Duke Energy’s first carbon reduction IRP will be due in September 2023 and the NCUC will take action on that IRP in 2024.

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Sen. Yaw To Introduce Bill To Establish PA Baseload Energy Development Fund Based On Texas Model

PA Environment Daily

As reported by Utility Dive , the initial $5 billion Texas Energy Fund would fund loans to cover 60% of project costs for at least 100 MW that can connect to the Texas ERCOT grid before June 1, 2029. It expects to clear another 26 GW of capacity in 2024 and 46 GW of new generation in 2025. Read more here. from other sources.