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How to Make the Grid Secure

LCG March 1, 2021--February’s winter weather has brought a new level of uncertainty to the Texas grid, on top of rapid renewables growth and hot summer weather. Not only did the blackouts solidify the need to plan for extreme weather in winter and summer, but they also brought Texas residents, the governor, and the legislature into a public conversation about demand-supply planning.

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Long Ridge Energy Announces Plans to Allow Transition to 100 Percent Hydrogen

LCG, March 4, 2021--Ohio's Long Ridge Energy Generation is retrofitting its 485-MW combined-cycle power plant to use a blend of natural gas and carbon-free hydrogen, making it the nation's first large gas turbine plant to transition operations to hydrogen fuel.

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Industry News

Federal Loan Guarantees Approved For Nuclear Expansion

LCG, June 11, 2003--Senators narrowly approved a provision of a wider energy bill that would provide loan guarantees for construction of nuclear reactors.

Sen. Pete Domenici, R-N.M., chairman of the Senate Energy Committee, believes that providing federal backing to expansion of nuclear power would enable the industry to restart construction efforts that effectively ended in 1979. According to the Congressional Budget Office, there exists a "very high" risk of default associated with such a measure, with a price for each reactor projected at $2.1 billion to $3 billion. Six reactors would receive guarantees, based on a failed 48-50 vote to defeat the measure.

Sen. John Sununu, R-N.H., who sponsored the bid to defeat the guarantees, was quoted in the Wall Street Journal as saying, "We are putting the taxpayer at risk." Domenici thinks that although the House has not approved loan guarantees for nuclear power, final legislation will reflect them.
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