March 28 NEC Energy News
¶ “Biden-Harris Administration Makes $1.5 Billion Conditional Commitment To Holtec Palisades To Support Recommission Of Michigan Nuclear Plant” • The US DOE announced the offer of a conditional commitment of up to $1.52 billion for a loan surety for Holtec Palisades to finance the restoration of the 800-MW Palisades Nuclear Plant. [CleanTechnica]
¶ “‘Historic Breakthrough’: China’s Installed Wind Turbine Cost Drops To One-Fifth Of The US In Green Energy Race” • Wind power is soaring ahead in China, with the installation price of turbines dropping nearly 45% thanks to economies of scale and technological advancements, according to government tender documents. [South China Morning Post]
¶ “Washington Governor Urged To Veto $25 Million For Nuclear Power Project” • Environmentalists and tribal leaders want Gov Jay Inslee to veto a $25 million earmark in Washington’s capital budget for deploying next generation nuclear reactors. The funds are to go to Energy Northwest to develop small modular nuclear reactors in the state. [News From The States]
¶ “Last Coal Plants In New England To Close; Renewables Take Their Place” • The last coal producers in New England will shutter their doors permanently under an agreement reached with environmental groups and the EPA. Two plants in New Hampshire, Schiller and Merrimack, will voluntarily close down in 2025 and 2028, respectively. [The Hill]
¶ “Polar Ice Is Melting And Changing Earth’s Rotation. And It’s Messing With Time Itself” • One day in the next couple of years, everyone in the world will lose a second of their time. Exactly when that will happen is being influenced by humans, according to a study, as melting polar ice alters the Earth’s rotation and changes time itself. [CNN]
¶ “Massachusetts, Rhode Island, And Connecticut Receive Proposals For Offshore Wind Projects” • Massachusetts, Rhode Island and Connecticut received proposals for offshore wind projects as they hope to boost their reliance on the renewable source. They have an agreement allowing coordinated selection of offshore wind projects. [ABC News]
¶ “Heat Pumps Are Scaling Up And Taking On Big Industry” • Residential heat pumps deserve a lot of credit for driving the decarbonization train, but home-scaled systems are no match for industrial processes that require steam. The US DOE is on the prowl for a solution and just made a $145 million bet on heat pumps that generate steam. [CleanTechnica]
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