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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

Cielo's Texas Wind Project Moves Forward

LCG, December 9, 2004--Cielo Wind Power of Austin is negotiating tax benefits with Oldham County officials for a 160-MW wind project planned west of Amarillo, Texas. Excel Energy will purchase the power from the wind farm, which is scheduled to commence operations late next year. Local officials are considering favorable tax arrangements in order to increase the tax base and hope to reach an agreement with Cielo by the end of the year.

According to a spokesperson for Xcel Energy, the transmission capacity in the area is an issue and is approaching limitations. Once the 160-MW wind farm is completed, additional generation cannot be added until a new, 345-kV transmission line is installed. The new transmission line is estimated to cost approximately $50 million and could require roughly three years to complete.

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