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Constellation Energy, a stakeholder in the Midwest Alliance for Clean Hydrogen ( MachH2 ) hydrogen hub, said that it might pull out of the hub project if the Treasury rules do not allow for hydrogen production with nuclear energy.
The NCUC report notes questions about the practicality of developing an onshore wind project by 2029 and costs related to connecting both onshore and offshore wind projects. Pursue extension of federal licenses for existing nuclearpower plants serving North Carolina.
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. More than 150 proposals were received for the funding in Texas, including 41 GW of mostly natural gas-fired generation. Read more here.
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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 nuclearpower 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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