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Small modular nuclear reactor that was hailed by Coalition as future cancelled due to rising costs

The Guardian: Energy

NuScale Power announced on Wednesday that it had dropped plans to build a long-promised “carbon free power project” in Idaho. It blamed the decision on a lack of subscribers for the plant’s electricity. Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading.

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MIT Study Lays Bare Why Nuclear Costs Keep Rising

GreenTechMedia

A Massachusetts Institute of Technology team has shed light on a key challenge for the nuclear industry: the rising cost of new plants. This period was studied because it has reliable data on all the components of a Westinghouse four-loop nuclear plant. This is the logic behind incentives for new nuclear in the U.K.,

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FirstEnergy Scandal is Latest Example of Utility Corruption, Deceit

DeSmogBlog

Read time: 13 mins By Matt Kasper , originally published at Energy and Policy Institute. in exchange for passing a law that bailed out that company’s nuclear and coal plants. . Tags: electric utilities FirstEnergy Southern Company Entergy Corp exelon

Law 93
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Labor Helps Obama Energy Secretary Push and Profit from 'Net Zero' Fossil Fuels

DeSmogBlog

But major labor unions and President Barack Obama’s Energy Secretary have far different plans. On the 50th anniversary of Earth Day, the AFL - CIO and the Energy Futures Initiative ( EFI ) — a nonprofit founded and run by former Obama Energy Secretary Ernest Moniz — launched the Labor Energy Partnership.

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New Estimates Predict a Lot More Renewable Power Growth in the U.S. Very Soon

DeSmogBlog

power forecast , the Federal Energy Regulatory Commission ( FERC ) has predicted major declines for fossil fuels and nuclear power alongside strong growth in renewables by 2022, according to a review of the data by the SUN DAY Campaign, a pro-renewables research and education nonprofit.

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Duke Energy Lays Out Its Long-Term Clean Energy Pathways — and Price Tags

GreenTechMedia

Duke Energy has detailed the various paths its utilities in the Carolinas could take over the next 15 years, a choice that will determine how quickly Duke cuts its carbon footprint and how much it will cost. All of the scenarios go well beyond Duke’s previous IRPs in leaning more heavily on solar, onshore wind and energy storage.

Energy 130
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Is this it? Are we at risk of over-estimating the neo-climate sceptics?

Business Green

Over the past decade this loose grouping has argued against renewables, only to watch them become the lowest cost form of new power capacity and backbone of the energy system. They've argued against electric vehicles, only to watch them become the driving force in the auto market. It's quite the track record.