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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

Russia Examines Nuclear Power in Iran, IAEA to Inspect

LCG, May 27, 2003-Russia, which has promised to complete Iran's first nuclear power plant, has questions for Iran regarding its nuclear future.

The Bush Administration has been pressuring Russian energy officials to cancel their plans to finish constructing a nuclear plant in Iran. In July 2003 Secretary of Energy Spencer Abraham went to Russia to discuss, among other things, Russia's energy plans with Iran.

Today Russian Deputy Foreign Minister Georgy Mamedov met with Iranian officials to discuss concerns over Iran's nuclear development. While Russia has voiced questions over the plans, Atomic Energy Minister Alexander Rumyantsev has asserted his nation will not buckle under pressure from the U.S. regarding the Bushehr plant, stating that Russia will fulfill its obligation. The meeting between Iranian and Russian officials may serve to help discussion between Russian President Vladimir Putin and U.S. President George Bush later this week.

The Bushehr plant saw its first construction activity many years ago but war and other disruptions prevented the completion of the plant. Iran's long-term plans with Russia include building as many as 6 reactors at the Bushehr site and at one other site.

Russia has an $800 million contract to build one reactor at the Bushehr site, signed in 1995, and over 1,000 Russian engineers and technicians are involved with the project.

Russia had initially promised to reclaim spent fuel rods from the plant, but Iran recently decided to "complete the fuel cycle," according to a statement made by Iran's head of the Atomic Energy Organization Gholamreza Aghazadeh in February 2003.

U.S. officials fear that nuclear technology will be turned to military applications, and the Bush Administration has accused Iran of harboring members of terrorist group al Queda.

Iran has responded to Washington's allegations by warning the U.S. to leave it alone. Iran's government has also asserted that roughly 500 al Queda members and suspected members have been arrested and deported. According to a Reuters interview with Foreign Ministry spokesman Hamid Reza Asefi, Iran's government hopes "that wisdom and logic dominates the Americans' debate, and they refrain from carrying out any interference in our affairs."

The International Atomic Energy Agency (IAEA) has stated its knowledge of Iran's mines and has noted that one specific mine in question, near Ardakan, was inspected in 1992.

In the past, U.S. agencies have stated Iran does not have sufficient uranium or plutonium ore to produce nuclear weapons.

The International Atomic Energy Agency (IAEA) will discuss Iranian nuclear development next month.

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