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New Jersey’s Public Service Enterprise Group has announced its intention to achieve net-zero emissions by 2030, shaving two decades off its previously announced target date of 2050. PSEG is owner of the Hope Creek nuclear plant and is co-owner, with Exelon, of the Salem plant.
Crane restart boosted by $1B LPO loan
The Department of Energy announced on November 18 that it has closed on a $1 billion loan through its Loan Programs Office to Constellation to aid in financing the restart of the 835-MWe Crane...
Mike Kramer: Navigating power deals in the new data economy
Mike Kramer has a background in finance, not engineering, but a combined 20 years at Exelon and Constellation and a key role in the deals that have Meta and Microsoft buying power from...
State legislation: Delaware delving into nuclear energy possibilities
A bill that would create a nuclear energy task force in Delaware has passed the state Senate and is now being considered in the House of Representatives....
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NRC begins special inspection at Hope Creek
The Nuclear Regulatory Commission is conducting a special inspection at Hope Creek nuclear plant in New Jersey to investigate the cause of repeated inoperability of one of the plant’s...
N.J. court finds Oyster Creek spent fuel casks are “permanent”
The Tax Court of New Jersey has ruled that Oyster Creek’s spent nuclear fuel storage casks are subject to taxation as real property....
Insights from the NRC’s Annie Caputo
In a one-on-one interview with the American Nuclear Society’s chief executive officer/executive director Craig Piercy, Nuclear Regulatory Commission commissioner Annie Caputo shared her...
Constellation pushes FERC for PJM rules on co-located generation
A new complaint filed by Constellation asks the Federal Energy Regulatory Commission to order the PJM Interconnection to provide rules for co-located generation to serve large facilities, such...
New edition of IAEA’s Climate Change and Nuclear Power available
The 2024 edition of Climate Change and Nuclear Power has been released by the International Atomic Energy Agency. The 99-page report focuses on the need for a significant increase in...
Constellation announces TMI-1 restart, power purchase agreement with Microsoft
Nuclear powerhouse Constellation announced today the signing of a 20-year power purchase agreement with Microsoft that will pave the way for the restart of Three Mile Island Unit 1—under a...
Energy analyst: Clean energy dreams come only with advanced nuclear
“We’re going to have to do things differently if we hope to trim the output of climate-changing emissions,” writes Matthew L. Wald in an essay recently published by the Breakthrough...