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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

California Utilities Cite Uncertainty

LCG, Apr. 18, 2003--Pacific Gas & Electric and Southern California Edison, two of California's major investor-owned utilities, filed 20-year plans with the California Public Utilities Commission this week that underlined crucial questions about their future mode of operations.

PG&E may be able to emerge from bankruptcy in 2004, but was not ready to enter into long-term agreements due to the hazy status of direct access, a program that allowed power suppliers to sign contracts with large customers. New customers have not been allowed to take part in direct access since September 2001, and there is still controversy over how much direct access participants should pay for utility-related costs. Without knowing if direct access could be renewed, the utilities have found it difficult to estimate their future customer bases.

SoCalEdison's management would like to be able to make long-term agreements concerning generation and transmission, but still is waiting for indications of whether or not dedicated plants under its control can be built, regardless of who owns them. It has no plans to build plants at the present time, however. A bill has been introduced in the California state Senate that would give support to plants being built by the utilities, with guaranteed cost recovery. While Southern California Edison has expressed some willingness to construct new generation, PG&E is opposed to becoming involved again in the business of building plants.

Both utilities plan to spend more on energy efficiency programs, $100 million and $300 million for SoCalEdison and PG&E respectively. The California Public Utilities Commission will conduct hearings to review the 20-year plans in July, and should return a decision in November, according to SoCalEdison's vice president of strategy and development, Pedro Pizarro.
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