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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

Allegheny Energy to Acquire Three Enron Plants

LCG, Nov. 15, 2000--Allegheny Energy Inc. and Enron Corp. announced jointly yesterday that an Allegheny subsidiary would purchase three natural gas-fired merchant power plants in the Midwest from Enron North America for an undisclosed sum.

The 1,710 megawatts of capacity will give Allegheny Energy Supply Co. more than 12 megawatts of total capacity. The company said the purchase "marks a significant milestone on the Company's strategic course toward becoming a national energy supplier. "

The plants acquired by Allegheny, which have all been in commercial operation since June of this year, are a 546 megawatt facility in Gleason, Texas, a 508 megawatt plant in Wheatland, Ind., and a 656 megawatt plant in Manhattan, Ill.

The completion of the transaction is conditioned upon approvals from the Federal Energy Regulatory Commission, the Securities and Exchange Commission and the Justice Department, Allegheny said.

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