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Exelon to Split Generation Business from its Regulated Utilities

GreenTechMedia

announced plans Wednesday to separate its financially challenged nuclear power plant fleet and other generation assets from its multistate regulated utilities business. That scandal has scrambled Exelon’s efforts to seek out state aid for its financially struggling nuclear power plant fleet in Illinois. Exelon Corp.

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Germany hits acceleration button on hydrogen infrastructure development

Hydrogen Fuel News

The country is working on making a “hydrogen acceleration law” a reality. The law to accelerate hydrogen infrastructure development is expected to be presented this year. The Economy Ministry stated that the plan is to present the law to fast-track hydrogen this year.

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Virginia Mandates 100% Clean Power by 2050

GreenTechMedia

Virginia has become the latest state to pass a law that sets it on a path to 100 percent carbon-free electricity by 2050, as well as setting targets for massive investments in energy efficiency, energy storage and in-state solar and wind power. Dominion also gets more than one-third of its energy from nuclear power.

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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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How Bad Relations With China Could Mess With the Energy Transition

GreenTechMedia

In October 2015, Cameron and China’s President Xi Jinping signed another deal for China General Nuclear Power Group (CGN) to take a one-third stake in the new Hinkley Point C nuclear power plant. nuclear plant built with Chinese investment as lawmakers question the security implications. and Europe?

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Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

Congress is under pressure to pass both bills Monday to ensure continued funding of the federal government and complete a politically pressing extension of coronavirus pandemic relief measures passed in March. Absent any future changes in law, the PTC will be reduced to zero starting in 2022. Action by the U.S.

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Senate Confirms Third Republican to FERC, Breaking With Precedent

GreenTechMedia

Danly, who will fill the seat left vacant by the death of Chairman Kevin McIntyre, graduated from law school in 2013 and worked as a corporate energy lawyer before he was named general counsel at FERC in 2017.