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

Dominion Resources to Buy Cleveland Company

LCG, Nov. 6, 2000--Dominion Resources Inc. said Friday its Dominion Energy subsidiary has agreed to acquire Cleveland Energy Resources, a provider of steam and chilled water to downtownCleveland, for an undisclosed sum.

The sellers are Cleveland Thermal Energy Corp. and Cleveland district Cooling Corp., both subsidiaries of an Ipalco Enterprises Inc. financial unit. Dominion Resources, based in Richmond, Va., said the acquisition will increase its presence in Ohio.

"Our goal is to provide downtown Cleveland with a source of economical and reliable steam andchilled water," said Thomas F. Farrell II, chief executive of Dominion Energy. "Dominion plans to expand this system to serve new construction and additional existing buildings downtown. We also plan to invest capital in the system to make it more efficient and reliable."

Upon acquisition the business will be known as Dominion Cleveland Thermal. It will serve 100customers in downtown Cleveland, including the City of Cleveland, Cuyahoga County andCleveland State University.

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