December 18 NEC Energy News
¶ “Fact Check: Did Jimmy Carter Stop A Nuclear Reactor From Destroying Ottawa?” • Some social media users and accounts have been reminiscing about the time that a young Jimmy Carter purportedly helped avoid a major nuclear disaster after heading a clean up operation at a nuclear reactor in Chalk River, Ontario, Canada. Spoiler: It’s true. [Newsweek]
¶ “French Front-Month Peakload Power Rises Above €1,000 Per MWh On Nuclear Woes” • Europe’s energy crisis deepened as French front-month peakload power prices traded as high as €1,200/MWh on nuclear outage concerns. The contract ended the session at €975/MWh after doubling in the previous session as gas hit a fresh record-high. [S&P Global]
¶ “Massachusetts Picks Both Bidders for Next Round of Offshore Wind” • Baker administration officials have announced awards for offshore wind development to Vineyard Wind I, a 1,200-MW proposal from Vineyard Wind, and a 400-MW proposal from Mayflower Wind. They were selected to jointly form the third wave of offshore wind power. [NBC Boston]
¶ “Koch Industries Invests $150 Million Into Tracking Company GameChange Solar, Pair To Explore Strategic Partnerships” • Koch Strategic Platforms, a subsidiary of Koch Investments Group, has made a $150 million investment in racking and tracking company GameChange Solar to support its strategic development goals. [PV Tech]
¶ “Enormous Potential: Britain’s Tidal Power Sector Gears Up For A Big Few Years” • The UK tidal power sector is growing. Scottish firm Nova Innovation said it had secured €2.5 million ($2.83 million) from the European Innovation Council Accelerator Fund to finance its Upscaling Tidal Energy Manufacturing and Production Output project. [CNBC]
¶ “Maryland Commission Extends Offshore Wind Development” • Maryland’s Public Service Commission awarded offshore wind renewable energy credits to two developers, US Wind, Inc and Skipjack Offshore Energy, to build separate projects that would produce more than 1,600 MW of capacity, the PSC said in a news release. [CBS Baltimore]
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