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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

Hydro Plant from 1800's Likely to Operate Again

LCG, Apr. 11, 2003--A small but distinguished hydro plant on New York's Hudson River could begin producing power again, with the approval of regulators.

The Mechanicville plant began operating first in 1898, and was shut down in 1997 due to a protracted legal conflict between co-owners Niagara Mohawk and Fourth Branch Associates, over whether to retain or sell the facility. Recently, Niagara Mohawk has offered to release its interest, and Fourth Branch hopes to produce power by Labor Day. Niagara has wanted to exit the generation business, while a principal of Fourth Branch, James Besha, had reason to believe that the Federal Energy Regulatory Commission would take actions that would lead to the dismantling of Mechanicville.

"This will be its third century in which it will operate," said Besha of the 4.5-megawatt plant. A noteworthy engineer with General Electric, Charles Steinmetz, assisted in the plant's design in the nineteenth century. Mechanicville is found on the National Register of Historic Places. The legal settlement provides for a joint effort to obtain a license for further operations. Should the license be granted, the transfer would then take place.
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