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 Buys 550 Megawatt Pennsylvania Project

LCG, Nov. 22. 2000--Dominion Resources Inc. said this morning that it had purchased the rights to a 550 megawatt power project under development in an industrial park in the town of Falls, Pa., across the Delaware River from Trenton, N.J.

The Fairless Works Energy Center will operate as a merchant power plant, selling electricity into the regional wholesale markets. Development was begun by SWEC LLC, from whom Dominion resources bought the project for an undisclosed sum.

Thomas E. Capps, chief executive of Dominion Resources, said the acquisition "is a very attractive fit from all points of view." He said the deal was consistent with local and Pennsylvania state objectives "and also advances Dominion's energy supply objectives in the Northeast, Midwest and Mid-Atlantic regions of the U.S."

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