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Comment: UK leaders need to embrace the cost of Britain’s green future

Envirotec Magazine

Vince Zabielski is a Partner with law firm Pillsbury Winthrop Shaw Pittman. What fate awaits the power sector under what will likely be a Labour government, and why is the question so important? gigawatts of nuclear power lost between now and 2028, and Hinkley Point C won’t be online until after 2030 at the earliest.

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ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

For the past nine years, Chicago-based utility ComEd has earned excessive profits from a regulatory structure set in place by a 2011 state law whose passage has been linked to a bribery scandal that’s embroiled key state lawmakers and ComEd’s former CEO. billion smart grid investment plan that included a 4.2-million

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New Jersey’s PSEG Seeks to Sell Merchant Fossil, Solar Fleet

GreenTechMedia

New Jersey utility Public Service Enterprise Group (PSEG), facing state clean energy mandates and an economic imperative to shift its business to regulated assets, is seeking to exit its merchant fossil and solar generation business, while retaining its nuclear power plants and exploring a major expansion into offshore wind.

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EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

The European Union’s scientific and political communities are locked in a battle over whether gas and nuclear can be considered green investments. It’s a “green investment guidebook,” said Henry Eviston, spokesperson on sustainable finance at WWF European Policy Office. It Pays to Be Green.

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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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Fresh U.K. Proposals Chase More Nuclear and Higher Carbon Prices

GreenTechMedia

government’s long-awaited energy white paper is out with confirmation of fresh negotiations with EDF over a new nuclear power station and a drive to push up the price of carbon. Those ideas now begin their journey into law, offering the energy sector some welcome certainty at the same time. The £12 billion ($16.1

Carbon 130
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European merit order energy trading: Obsolete?

Smart Energy International

The offers of nuclear power, coal and gas come next. The energy producers offer the capacity of their power plants in the daily auctions for their marginal costs. Especially for Germany, with phasing-out of nuclear power a low cost power generation element is gone and has to be replaced with other sources.

Energy 52