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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

Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia's ambitious new clean energy law. Under the law, Dominion Virginia and the smaller Appalachian Power Co. Major boosts for solar, offshore wind and energy storage.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Thursday’s proposed decision from the California Public Utilities Commission ( PDF ) is the culmination of more than a year of study and debate over the state’s grid reliability needs, as part of its Integrated Resource Plan proceeding. Fitch wrote in Thursday’s proposed decision.

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'Slight tension': From coal mines to nuclear, new Business Secretary hints at delicate decisions at heart of UK's net zero ambitions

Business Green

And the last thing I'll say about that is that there'll be legislation in the summer which will seek to put into law the sixth carbon budget targets that were put forward by the CCC.". However, Kwarteng insisted nuclear remained a vital plank of the UK's net zero transition plans. Nuclear power is essential," he told MPs.

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The Inflation Reduction Act is signed into law

Smart Energy International

President Joe Biden has signed into law the most significant piece of legislation supporting clean energy and climate change mitigation in US history. With this law, the American people won and the special interests lost,” Biden said at a bill signing ceremony on 16 August. This article was originally published on Power Grid.

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The future of clean hydrogen in the US could hinge on a new tax credit

The Verge: Energy

The Bipartisan Infrastructure Law also set aside $8 billion to create hydrogen production ‘hubs’ across the US. This is meant to ensure that hydrogen production helps add new sources of clean energy to power grids rather than sucking that resource dry. There are also rules for where and when they can purchase that energy.

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

Climate Tech VC

  In other news the EU parliament passed a law to restore 20% of the EU’s land and sea by 2030, England requires all new buildings to improve biodiversity, and the US Congress finds something they can agree on with nuclear policy, while the SEC may be set to announce watered down rules on reporting.