Santee Cooper Seeks Proposals to Complete AP1000 Units at V.C. Summer Nuclear Site

Credit to Author: Sonal Patel| Date: Thu, 23 Jan 2025 19:39:08 +0000

South Carolina’s largest power provider Santee Cooper has issued a request for proposals (RFP) aimed at finding a buyer—or visionary—to take on what remains of the Virgil .C. Summer Nuclear […]

The post Santee Cooper Seeks Proposals to Complete AP1000 Units at V.C. Summer Nuclear Site appeared first on POWER Magazine.

Inspection findings published on September 12, 2024, by the South Carolina Governor’s Nuclear Advisory Council revealed a remarkably well-preserved site at the abandoned V.C. Summer Units 2 and 3. Major components, including steam generators, reactor coolant pumps, and diesel generators, were either installed or securely stored, while Unit 2, at approximately 48% completion, featured a containment structure in “excellent” condition. Warehouses filled with critical materials, such as valve assemblies and electrical systems, remained intact and climate-controlled. Despite seven years of inactivity, site facilities—ranging from the turbine hall to the administration building—exhibited minimal signs of degradation, demonstrating significant potential for project revival, the findings suggest. Source: Governor’s Nuclear Advisory Council

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Lightshift Energy, Basis Climate Complete Sale of ITCs for BESS Projects

Credit to Author: Contributed Content| Date: Thu, 23 Jan 2025 16:07:14 +0000

Lightshift Energy, a developer, owner, and operator of energy storage projects, has partnered with Basis Climate to complete the sale of nearly $10 million of investment tax credits (ITCs) tied […]

The post Lightshift Energy, Basis Climate Complete Sale of ITCs for BESS Projects appeared first on POWER Magazine.

Battery Storage Lightshift Energy 2025-01-23 at 9.04.39 AM

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As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy

Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2025 13:06:54 +0000

As a significant final move before the incoming Trump administration takes office, the Biden administration has announced conditional loan commitments totaling $22.92 billion to support projects by eight utility companies […]

The post As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy appeared first on POWER Magazine.

Palisades-Wolverine

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US Treasury Signals A New Hope For Green Hydrogen

Credit to Author: Tina Casey| Date: Mon, 06 Jan 2025 04:50:33 +0000

The US Department of the Treasury had green hydrogen and energy security on its mind when it announced the Final Rule for H2 production tax credits.

The post US Treasury Signals A New Hope For Green Hydrogen appeared first on CleanTechnica.

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AI and Energy: A New Horizon for Powering Our Future

Credit to Author: Contributed Content| Date: Mon, 02 Dec 2024 10:57:29 +0000

The energy industry finds itself in the midst of a transformative era. In 2023 alone, a record 31 GW of solar energy capacity were installed—a 55% increase from 2022—while battery energy storage systems

The post AI and Energy: A New Horizon for Powering Our Future appeared first on POWER Magazine.

Fig 1_Artificial intelligence

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DOE Loan Programs Office Publishes Community Benefits Plans for Energy Projects

Credit to Author: Contributed Content| Date: Tue, 29 Oct 2024 19:26:56 +0000

The U.S. Dept. of Energy’s (DOE’s) Loan Programs Office (LPO) has published Community Benefits Plans (CBPs) for several projects that recently finalized financing from the agency. The projects include the […]

The post DOE Loan Programs Office Publishes Community Benefits Plans for Energy Projects appeared first on POWER Magazine.

Palisades-nuclear-plant-Entergy

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How the Presidential Election Could Impact Renewable Energy Tax Credits

Credit to Author: Contributed Content| Date: Fri, 11 Oct 2024 20:14:09 +0000

President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 […]

The post How the Presidential Election Could Impact Renewable Energy Tax Credits appeared first on POWER Magazine.

renewable-energy-generation-Envato

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Unlocking America’s Clean Hydrogen Potential: Navigating Policy, Challenges, and Market Opportunities

Credit to Author: Mindy McGrath| Date: Sat, 21 Sep 2024 14:05:48 +0000

The U.S. clean hydrogen sector is poised for significant growth, driven in part by its potential to reduce carbon dioxide emissions in hard-to-abate industries such as transportation and chemical production. […]

The post Unlocking America’s Clean Hydrogen Potential: Navigating Policy, Challenges, and Market Opportunities appeared first on POWER Magazine.

Green Hydrogen

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Texas Blows A Sugary Sweet Renewable Energy Kiss To The USA

Credit to Author: Tina Casey| Date: Sun, 11 Aug 2024 13:50:24 +0000

This new solar module factory in Houston is yet another demonstration that renewable energy stakeholders in Texas are determined to bring more clean power to the rest of the US, one way or another.

The post Texas Blows A Sugary Sweet Renewable Energy Kiss To The USA appeared first on CleanTechnica.

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