Labor Department Shuns Trump-Era ‘Anti-ESG’ Measures

Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 20:20:39 +0000

money-deal-merger-acquisition

The Biden administration has reversed a controversial Trump-era rule that barred plan fiduciaries from considering climate change and other environmental, social, and governance (ESG) factors when choosing retirement investments and exercising shareholder rights, such as proxy voting.  A final rule issued by the Department of Labor (DOL) on Nov. 22 removes restrictions issued in two […]

The post Labor Department Shuns Trump-Era ‘Anti-ESG’ Measures appeared first on POWER Magazine.

Read more

Labor Department Shuns Trump-Era ‘Anti-ESG’ Measures

Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 20:20:39 +0000

money-deal-merger-acquisition

The Biden administration has reversed a controversial Trump-era rule that barred plan fiduciaries from considering climate change and other environmental, social, and governance (ESG) factors when choosing retirement investments and exercising shareholder rights, such as proxy voting.  A final rule issued by the Department of Labor (DOL) on Nov. 22 removes restrictions issued in two […]

The post Labor Department Shuns Trump-Era ‘Anti-ESG’ Measures appeared first on POWER Magazine.

Read more

DOE Grants First-Round Civil Nuclear Credit Award—$1.1B—to Diablo Canyon 

Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 16:12:24 +0000

The Department of Energy’s (DOE’s) first round of funding from its $6 billion Civil Nuclear Credit (CNC) Program is poised to go to Diablo Canyon Power Plant, California’s only operational nuclear plant. Pacific Gas & Electric  (PG&E), Diablo Canyon’s owner, could receive up to $1.1 billion in credits to extend the 2.2-GW plant’s operation for […]

The post DOE Grants First-Round Civil Nuclear Credit Award—$1.1B—to Diablo Canyon  appeared first on POWER Magazine.

Read more

NRC Begins Construction Permit Review for Pioneering Nuclear Molten Salt Research Reactor 

Credit to Author: Sonal Patel| Date: Mon, 21 Nov 2022 17:18:13 +0000

The Nuclear Regulatory Commission (NRC) has accepted Abilene Christian University’s (ACU’s) construction permit application for a 1-MWth nuclear non-power Molten Salt Research Reactor (MSRR) facility planned for the university’s campus in Abilene, north-central Texas. The acceptance—which essentially marks the NRC “docketing” of the application—formally kicks off the regulatory agency’s review of ACU’s proposed Nuclear Energy […]

The post NRC Begins Construction Permit Review for Pioneering Nuclear Molten Salt Research Reactor  appeared first on POWER Magazine.

Read more

NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter

Credit to Author: Sonal Patel| Date: Thu, 17 Nov 2022 22:58:27 +0000

Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and prolonged cold conditions, the North American Electric Reliability Corp. (NERC) has warned. The nation’s designated Electric Reliability Organization (ERO) in its latest Winter Reliability Assessment, issued on Nov. 17, said […]

The post NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter appeared first on POWER Magazine.

Read more

How NRIC Is Helping Advance Technology for the Nuclear Power Industry

Credit to Author: Aaron Larson| Date: Thu, 17 Nov 2022 21:44:34 +0000

Advanced-reactor-demonstration-NRIC-INL

The National Reactor Innovation Center (NRIC) is a national Department of Energy (DOE) program led by the Idaho National Laboratory (INL) that allows collaborators to harness the world-class capabilities of the U.S. National Laboratory System. NRIC supports the construction and demonstration of advanced reactor systems through a suite of services and capabilities. “Our vision is […]

The post How NRIC Is Helping Advance Technology for the Nuclear Power Industry appeared first on POWER Magazine.

Read more

Siemens Energy Seals Deal for Hydrogen-Ready Coal-to-Gas Switch

Credit to Author: Sonal Patel| Date: Thu, 17 Nov 2022 19:45:42 +0000

European energy giant EnBW will pilot switching a 114-year-old coal-fired waste incineration and district heating power plant in Stuttgart-Münster, Germany, to gas-fired technology while ensuring the regionally significant plant will be ready to combust hydrogen “as quickly and completely” as possible. Siemens Energy on Nov. 17 sealed an agreement with the utility for an overall […]

The post Siemens Energy Seals Deal for Hydrogen-Ready Coal-to-Gas Switch appeared first on POWER Magazine.

Read more

Fish Friendly Hydro: Natel Energy Is Proving It’s Possible

Credit to Author: Aaron Larson| Date: Thu, 17 Nov 2022 00:46:18 +0000

Natel-Restoration-Hydro-Turbine-RHT-Monroe-Plant-Oregon

Hydropower projects frequently face resistance from environmental groups for a variety of reasons. One of the more common objections to hydro is the high turbine-induced mortality of fish. The passage of fish through hydroelectric turbines can quickly prove fatal—a danger that increases with the size of the fish. Furthermore, if several hydropower plants are located […]

The post Fish Friendly Hydro: Natel Energy Is Proving It’s Possible appeared first on POWER Magazine.

Read more

New Study Finds Electrification Reduces Emissions and Improves Air Quality

Credit to Author: Aaron Larson| Date: Thu, 10 Nov 2022 18:59:32 +0000

A group of researchers found that “Adopting electric end-use technologies instead of fossil-fueled alternatives, known as electrification, is an important economy-wide decarbonization strategy that also reduces criteria pollutant emissions and improves air quality.” Findings from the study conducted by nine researchers—four from EPRI, four from Ramboll, and one from the Oak Ridge National Laboratory—were published […]

The post New Study Finds Electrification Reduces Emissions and Improves Air Quality appeared first on POWER Magazine.

Read more

NET Power’s First Allam Cycle 300-MW Gas-Fired Project Will Be Built in Texas

Credit to Author: Sonal Patel| Date: Thu, 10 Nov 2022 15:30:05 +0000

NET Power Plant

NET Power, developer of the novel Allam-Fetvedt supercritical carbon dioxide (sCO2) power cycle, will build its first 300-MW natural gas–fired power plant at an Occidental-hosted site near Odessa, Texas. The “serial number one” project will demonstrate—at utility scale—NET Power’s potentially revolutionary technology, which promises to provide low-cost gas-fired power generation, no atmospheric emissions, no water […]

The post NET Power’s First Allam Cycle 300-MW Gas-Fired Project Will Be Built in Texas appeared first on POWER Magazine.

Read more