June 24 NEC Energy News
¶ “Cheap Gas Fired Power Begins To Unravel” • In 2019, a year in which gas prices were at a record low, we saw evidence that gas plants were not being operated in the best interest of ratepayers. Now gas prices are at a high, and projections indicate that gas prices will not decrease anytime soon. Policy makers need to do more to protect ratepayers. [CleanTechnica]
¶ “Mississippi Cuts $300 Million Settlement Deal With Entergy Over Grand Gulf Nuclear Profits” • Entergy Mississippi reached a $300 million settlement with the Mississippi Public Service Commission. The PSC had initiated litigation in 2017 relating to Entergy’s return on investments from the Grand Gulf Nuclear Power Station. [Magnolia State Live]
¶ “Germany Declares Gas Crisis As Russia Cuts Supplies To Europe” • Germany activated the second phase of its three-stage gas emergency program, after Russia reduced the amount of natural gas it supplies. This takes Germany one step closer to rationing gas to industry, which would be a huge blow to the manufacturing heart of its economy. [CNN]
¶ “Canada Will Ban Harmful Plastics By End Of Year” • Canada is working to eliminate a lot of the plastic litter it produces every year. It enacted a world-leading ban on harmful single-use plastics. The ban will result in the estimated elimination of over 1.3 million tons of hard-to-recycle plastic waste and more than 22,000 tons of plastic pollution. [CleanTechnica]
¶ “American Clean Power Urges US Senate To Reconsider Coastguard Bill” • ACP has sent a letter to Senate leadership, with support from 24 senior leaders in the US offshore wind sector, raising concerns with the wording of a House-passed Coastguard Bill. If enacted, the Young Coast Guard Authorization Act of 2022 could stall offshore wind development. [reNews]
¶ “James Hansen Leads Petition To EPA To Regulate Greenhouse Gases” • Nobody listened to Dr. Hansen 34 years ago when he told congress about climate change. That’s one of the reasons we are on the verge of a global climate catastrophe today. Now he and colleagues propose to regulate greenhouse gases under the Toxic Substances Control Act. [CleanTechnica]
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