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Last Thursday, New Jersey passed 2 bills which will require power companies in the state to generate 50 percent of their electricity from renewable sources by 2030 and subsidize existing nuclear power plants. This marks one of the biggest new policy steps that any state has taken toward cutting greenhouse gases since President Trump was […]
Read MoreLast week Georgia Power announced the installation of the nuclear reactor vessel inside Plant Vogtle’s Unit 4. Standing 35 feet tall and weighing 306 tons, the reactor vessel functions as a heat source via the nuclear fission process to create the steam that produces electricity. The vessel was fabricated by Doosan Heavy Industries in South […]
Read MoreOn Saturday night March 31st, FirstEnergy filed for bankruptcy protection. FirstEnergy Solutions (FES) and off of its subsidiaries, and FirstEnergy Nuclear Operating Company (FENOC) voluntarily filed petitions under Chapter 11 of the Federal Bankruptcy Code. “The Chapter 11 filing represents our best path forward as we continue to pursue opportunities for restructuring, asset sales and legislative […]
Read MoreThank you Steve and Rick for meeting us out for dinner. We enjoyed it!!
Read MoreWarmest wishes for a Happy Birthday to Rob Brixey, Ken Schaaf, Gregg Pennington, Tom Howell, Kerri Burrows, Rico Fernandes, Roy Downs and Liz Floyd. We are so happy that you’re a part of our team! Happy Birthday and all the best to you in the year to come.
Read MoreCiting a serious threat to the stability of the electric grid, FirstEnergy Solutions Corp. (FES) called on US Energy Secretary Rick Perry to issue an emergency order directing PJM Interconnection (PJM), the regional transmission organization, to immediately begin negotiations to secure the long-term capacity of certain nuclear and coal-fired plants in the region and to compensate their […]
Read MoreSempra Energy’s acquisition of Energy Future Holdings Corporation (EFH), the parent company of Oncor, has been completed. The buyout has added Texas’ largest electric transmission and distribution provider to Sempra Energy’s portfolio, thereby expanding its market size and having the largest U.S. customer base. Oncor’s plants provides electricity to more than 3.4 million homes and businesses […]
Read MoreElla, Sid’s granddaughter had her artwork selected for display at the Providence Park Nursing and Rehabilitation Center in Tyler, TX. Here she is standing by her artwork. Congrats Ella!!
Read MoreDominion Energy’s interest in SCANA began in 2016 when senior executives of SCANA began to consider selling the utility due to the challenges they faced ahead. After all, they were partnered with Santee Cooper (45% owner) and things were not looking too good with their $9 billion nuclear construction project; over a year behind schedule […]
Read MoreNextEra Energy, a Florida based utility, is floating a $15.9 billion bid proposal to South Carolina lawmakers for the purpose of purchasing Santee Cooper. Santee Cooper is a state-owned utility and after they abandoned the V.C. Summer 2 & 3 Project it resulted in their partner on the project, SCANA, to also abandon the project. […]
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