nuclear-news

Canada’s plan for replacing some U.S. nuclear power with renewable energy

Canada Aims To Solve U.S. Nuclear Woes http://oilprice.com/Alternative-Energy/Hydroelectric/Canada-Aims-To-Solve-US-Nuclear-Woes.htmlBy Tsvetana Paraskova – Oct 16, 2017 Canada believes it may have the answer to replacing some U.S. nuclear capacity with other forms of carbon-free energy.  

When New York state and Massachusetts retire three nuclear reactors between 2019 and 2021, the two states will lose a combined 2.7 gigawatts of carbon-free power. Both states want to replace that capacity with other forms of clean energy, in line with their ambitious goals to reduce greenhouse gas emissions and increase the share of renewables in their energy mix.

Some thousand miles north, Hydro-Quebec, owned by the Quebec government, is struggling with stagnate demand at home, and as it expands its hydropower generation capacity, the company seeks to sell power to New York and Massachusetts.

The Pilgrim Nuclear Power Station in Plymouth, Mass., is planned to cease operations on May 31, 2019, while the two operating units at the Indian Point Energy Center will close in 2020-2021, with the decision driven by sustained low wholesale energy prices.

The closing of the three reactors would mean that NY and Massachusetts will lose a total of 2.7 gigawatts of carbon-free power.

This year, both NY state and Massachusetts issued requests for proposals for clean energy projects. Massachusetts seeks renewable energy generation and renewable energy credits (RECs) of 9,450,000 MWh annually and seeks proposals for long-term contracts of 15–20 years to provide the distribution companies with clean energy generation. The state has received more than 40 bids, including proposals from Hydro-Quebec-led developments. Hydro-Quebec says it is proposing six options —either 100-percent hydropower or a hydro-wind supply blend — offered over one of three proposed new transmission lines.

October 18, 2017 - Posted by Christina Macpherson | Canada, renewable