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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

Oklahoma Lawmaker May Drop Electric Deregulation

LCG, Nov. 13, 2000--Oklahoma state Sen. Kevin Easley, who guided the state's Electric Restructuring Act through the legislature almost four years ago, told an electric deregulation conference in Tulsa Saturday that he was tired of trying to put some meat on the act's bones and may not reintroduce his measure in the new session next year.

"I'm not prepared to say today that we're going to have a piece of legislation on this," he told the conference sponsored by the University of Tulsa's National Energy Environment Law and Policy Institute. "When you offer a bill like this, you become a target," Easley added.

The 1977 legislation set the framework for retail electric competition to begin by July 2002 and directed the Oklahoma Commerce Commission to figure out the details by this year. A year later, a follow-on bill was enacted requiring that all studies be completed by October 1999.

In March of this year, the state Senate passed Easley's bill setting for the details of retail electric competition and reaffirming the starting date of July 2002. The measure was voted down in the state House of Representatives in May, just before the legislature adjourned.

All roads to electric deregulation in Oklahoma go through Easley who is chairman of the Senate Energy, environmental Resources and Regulatory Affairs Committee. He said he would not "support a radical departure" from his legislation and said some others offering proposals "were more interested in causing confusion."

One speaker at the conference questioned whether Oklahoma needs to change its existing regulation of utilities. William Mogel, editor of the Energy Law Journal, asked "If Oklahoma indeed is a low-cost state, what needs to be fixed?"

U.S. Rep. Steve Largent, the keynote speaker at the symposium, said competition "will provide lower costs and better efficiency."

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