February 16 NEC Energy News
¶ “Is Nuclear The Answer To Australia’s Climate Crisis?” • Here are four arguments against nuclear power investments: Olkiluoto 3, Flamanville 3, Hinkley Point C, and Vogtle. They are major latest-generation plants completed or nearly so in Finland, the US, the UK, and France. Their cost overruns average over 300%, with more increases to come. [menafn]
¶ “BPU Pulls Plug On Unpopular Nuclear Subsidy” • A surcharge on every New Jersey utility customer’s monthly bill, amounting to $70 annually for the typical homeowner and much more for manufacturers, will end next year when the state eliminates a $300 million annual subsidy aimed to keep its three nuclear plants from closing. [NJ Spotlight News]
¶ “Georgia Power Announces Operators Reached Self-Sustaining Nuclear Fission Inside The Nuclear Reactor” • Georgia Power announced on Wednesday that operators reached self-sustaining nuclear fission inside the nuclear reactor. This means the heat produced in the reaction can create steam and power turbines which generate electricity. [WUGA]
¶ “Solar And Battery Storage To Make Up 81% Of New US Electric-Generating Capacity In 2024” • Developers and power plant owners plan to add 62.8 GW of electric-generating capacity in 2024, data in the EIA’s Preliminary Monthly Electric Generator Inventory shows. The largest share is solar, at 58%, followed by batteries, at 23%, and wind, at 13%. [CleanTechnica]
¶ “The Uruguay Way: Achieving Energy Sovereignty In The Developing World” • As it successfully transitions away from fossil fuels, Uruguay now generates up to 98% of its electricity from renewable sources. The country offers lessons in energy sovereignty and the importance of community engagement in reducing greenhouse gas emissions. [Earth.Org]
¶ “Minnesota Power Opens 400-MW Onshore Wind RFP” • A request for proposals for up to 400 MW of wind energy, to come online by the end of 2027, was issued by Minnesota Power. The procurement of wind through this RFP will increase Minnesota Power’s wind portfolio of approximately 870 MW of owned and contracted capacity by nearly 50%. [reNews]
¶ “USDA Census of Agriculture Shows US Losing Small Farms to Factory Farming But Gaining in Renewable Energy” • The latest Census of Agriculture from the US Department of Agriculture raises concerns over a loss of small farms and a growth in larger farms, while also showing some promise with the growth of renewable energy in agriculture. [EcoWatch]
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