Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

Dominion's Capps Urges Spent Nuke Fuel Site Completion

LCG, March 28, 2001Thomas E. Capps, chief executive of Dominion Resources Inc., said yesterday that the U.S. Department of Energy should move forward with building a permanent repository for spent fuel from the nation's nuclear power plants.

Speaking at a meeting of business economists, Capps said "The federal repository was supposed to be up and running more than three years ago. To date, the government has spent $6.8 billion and no repository is in sight."

The Energy Department has been studying the problem for 19 years and was to have begun accepting spent nuclear fuel for permanent storage in January of 1998 under a law which was enacted in 1982 and has at least twice been supported by court decisions.

Payment for the storage site, including the billions already spent on research, is funded by a surcharge on the electric bills paid by customers of utilities that own nuclear power plants. The DOE now says it could have the storage site at Yucca Mountain in Nevada ready to accept the spent fuel in 2010.

Currently, spent fuel from the nation's 104 reactors is stored on the power plant sites, and the companies are choking on the stuff. Dominion, which recently agreed to acquire the three-reactor Millstone nuclear complex from Northeast Utilities has more than most.

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