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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

Proposed Settlement for Oak Creek Coal Project in Wisconsin

LCG, July 26, 2004--The community of Caledonia, Wisconsin and We Energies reached a proposed settlement last week regarding the planned Oak Creek Power Plant. The agreement provides for processing of We Energies' permit applications and the withdrawal of Caledonias pending appeal of the Public Service Commission of Wisconsin's (PSCW) order. The PSCW approved the construction of the project in November 2003. The project, which includes two 615 MW, supercritical pulverized coal units, will be the largest coal plant in Wisconsin.

The community of Caledonia, Wisconsin, with a population of 1,466, has opposed the project. The town had filed a lawsuit in December challenging the decision by the PSCW. If the Caledonia Board approves the measure, Caledonia will drop its lawsuit and petition the PSCW to adopt certain provisions of the proposed agreement with the utility that address the We Energies' plan to expand, thereby avoiding extended legal court battles. The terms of the settlement provide for We Energies to provide Caledonia:

-$20 million for economic development over the next fifteen years.

-Annual payments of $1,053,686 until 2040 to cover the local costs associated with specific health and safety issues.

-Reimbursement of other town expenses, which have reached $80,000.

Other opponents plan to continue their opposition to the plant. "This is not a done deal," said Steve Bulik, a coordinator with Responsible Energy for Southeastern Wisconsin's Tomorrow (RESET). "There are many more hurdles for We Energies to clear. This action adds to the cost of coal, and obviously, ratepayers will wind up paying for it."

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