U.S. Department of Energy Announces First Awards under Advanced Reactor Demonstration Program

LCG, October 16, 2020--The U.S. Department of Energy (DOE) this week announced it has selected two U.S.-based teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP).

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PSEG Files Application to Extend Zero Emission Certificates (ZECs) for New Jersey's Carbon-Free Nuclear Power Facilities

LCG, October 2, 2020--PSEG yesterday filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey's largest carbon-free source of electricity and to help New Jersey achieve its clean energy goal of 100 percent carbon-free energy supply by 2050.

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Industry News

Nisource-Columbia Energy Deal Done

LCG, Nov. 2, 2000--Nisource Inc. said yesterday it has completed its $6 billion hostile takeover of Columbia Energy Group, saying the merger has created the largest U.S. natural gas distributor east of the Rocky Mountains, with wholesale and retail gas and electric operations.

The new company's stock will continue to trade on the New York Stock Exchange under the symbol "NI" but a couple of other financial page items will change. Columbia had been a part of Standard & Poor's 500 index and the Down Jones utility and 65-stock composite averages, while the smaller Nisource was not.

Typesetters will have to make the switch for those indexes, and Nisource will suddenly become a "large-cap" company.

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