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The News That Matters about the Nuclear Industry

USA’s Dept of Energy gives Rick Perry the pro coal pro nuclear report that he wanted

Rick Perry gets his electricity grid study. The coal and mining industries like it. WP,  August 24 A much-anticipated Energy Department report on the electricity grid made recommendations for regulatory changes that would bolster coal and nuclear power plants.

The changes, if adopted, would alter the way prices are determined in electricity markets, ease environmental reviews for coal plants and speed the permitting process for a variety of energy sources.

The 187-page report rejects the notion that the coal and nuclear plants that have been forced to shut down over the past 16 years had been closed prematurely, noting that cheap, abundant natural gas had been the main factor — not environmental regulations or renewable energy sources as Republican leaders have contended…..

The Energy Department document carries little weight on its own, and most of its recommendations fall in the turf of other departments and agencies.

 But the report has been seen as a test of whether the Trump administration is going to politicize government studies and disregard scientific evidence.

The in-depth look at the state of the grid quickly drew praise from coal and nuclear groups, and sharp rebukes from environmental and solar energy groups.

Among the recommendations is one that suggests that the Environmental Protection Agency ease permitting requirements for new investments at coal-fired plants, a process known as new source review…..

The report also endorsed price changes that would prevent solar and wind energy from providing energy at negative prices, which they can do thanks to federal tax credits.

This hurts other energy suppliers, especially in the nuclear industry, and the recommendation was welcomed.

 “We’re very pleased with the top line recommendation for the implementation of long overdue energy market reforms,” said Joe Dominguez, executive vice president of regulatory affairs at Exelon, the nation’s largest nuclear power utility.

The report suggested that the Nuclear Regulatory Commission speed up its permitting process ……

Environmental and renewable industry groups slammed the report for failing to deal with climate change and the drive toward low carbon electricity, and noted that the final report differed from earlier drafts that had been leaked……..https://www.washingtonpost.com/business/economy/2017/08/23/fa4a506a-883e-11e7-a50f-e0d4e6ec070a_story.html?utm_term=.00a738b7bf7a

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August 26, 2017 - Posted by | ENERGY, politics, USA

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