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ComEd Bribery Scandal Clouds Picture for Exelon’s Illinois Nuclear Plants

GreenTechMedia

” At the same time, Crane noted the company is “in the middle of trying to work through legislative strategy in Illinois” that would offer its nuclear power plants in the state an alternative path to earning capacity market revenue that is seen as a critical component of their future financial viability.

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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

That’s nearly quadruple the targets laid out in Dominion’s 2019 IRP, and a major shift from a 2018 IRP that was rejected by Virginia’s regulator, the State Corporation Commission (SCC). The new plan, by contrast, sets out a goal of nearly 16 gigawatts of solar, more than 5 gigawatts of offshore wind, and 2.7

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New Sustainable Energy Factbook shows 2020 was ‘blockbuster’ year for renewables in America

Renewable Energy World

Notable clean energy statistics from the pandemic year include: Power Generation. Renewables’ contribution to the power grid set another record, rising 11% year-on-year. power in 2020. Power from all zero-carbon sources (renewables plus nuclear power) set another record, meeting 40% of demand.

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The 4 Things PG&E Must Do to Survive and Thrive Post-Bankruptcy

GreenTechMedia

The San Francisco-based utility is emerging from bankruptcy with a massive debt load that could make it harder to raise the tens of billions of dollars of investment needed to prevent its power grid from causing more devastating wildfires. PG&E plans to invest about $40 billion over the next five years into its power grid.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

Confounding factors like interest rates, permitting and interconnection kept clean electricity deployment rates at their lowest since 2018.  Despite record investment, deployment is lagging behind.   Thank you to Lisa Hansmann and Lily Bermell from MIT and Trevor Houser from Rhodium for taking us through the numbers.

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Looking for Fixes to What Broke the Texas Power Grid

GreenTechMedia

After a week of the country’s worst power grid collapse in decades — an event that's taken a dreadful toll in dozens of lives lost and billions of dollars in economic damage — the lights are back on in Texas.