“Oak Ridge has emerged as a critical hub for newer technology like the Hermes Low-Power Demonstration reactor.” These efforts hope to achieve “affordable nuclear heat, but it will not produce electricity.”
This new “$100 million investment created 55 new high-paying jobs” in the area where construction began in July 2024.
PowerMag.com (Sally Jacquemin): “When DERs and other devices are logically grouped or aggregated, they can form a virtual power plant, or VPP, providing load flexibility for grids that are reaching capacity or economic value with energy market participation, like a traditional power plant.” VPP’s can help prevent current and future plans for adding on new generation plants and can be considered as a method for shrinking future “greenhouse gas emissions.
As power demand increases beyond current power plant capacities and clean energy goals are accelerated, power generation sources of the future will start to look different. In fact, some of these new components—rooftop solar, battery energy storage, electric vehicles and distributed energy resources (DERs)—can already be found in millions of homes.”
UtilityDive.com (Ethan Howland): On June 28, Chevron received an unfavorable ruling by the US Supreme Court, which “creates legal and regulatory uncertainty for regulated utilities.” This presents disorder within the energy industry due to “the lack of clarity on future EPA mandates.”
“Planning for generation needs will be more challenging for regulated utilities and other power companies, due to the uncertainty of not knowing which cost-effective generation mix to supply.” This will force power providers to add more costly green power to the mix.
By UtilityDive.com – Will the power utility, XCEL Energy, have enough power generation capacity by 2030 in time to abolish all of its coal-fired generating plants? Energy regulators are very doubtful that XCEL Energy can achieve this vigorous goal in replenishing enough clean power to offset their reduction in carbon emissions. The fear is: will XCEL approach a power generation shortfall over the next decade to its electric load demand?
“The South Dakota Public Utilities Commission on Jan. 4 asked Xcel Energy to reconsider shuttering its Sherco and King coal-fired power plants, writing that their premature closure adds to the uncertainty of electric generation resource adequacy in the upper Midwest.”
By Msn.com / Columbus Dispatch – AEP just announced that it will cutting back on staff which is nearly 2-percent of its workforce and spread-out over multiple states “from Michigan to Texas (AEP’s 11-state region).” The utility “is laying off 270 workers including 170 in Ohio affecting various operations.” The staff reductions will be implemented next month.
AEP stated that the “staff reduction is necessary as we look at the roles needed to best meet the expectations of our customers in the face of higher costs of providing reliable service.”
From NPR News – Due to the arctic blast and frigid temperatures well below zero degrees, many electric vehicles (EV’s) were sadly affected. Since the frigid temperatures in the northern part of the U.S. reached levels below the EV’s normal operating temperature ranges for their batteries, the vehicles could not be re-charged or maintain a constant charge. This presented major obstacles for many Tesla owners in Chicago along with longer than expected lines for Supercharger stations.