Newsroom Archive
The Federal Energy Regulatory Commission told congressional lawmakers they are investigating ways for electricity markets to value reliability, while distancing themselves from immediate reform.
Barring state or federal intervention, the Perry, Davis-Besse, Beaver Valley and Three Mile Island plants in Ohio and Pennsylvania will close. What will actually happen if these plants do shut down?
FirstEnergy Solutions Corp. (FES) alerted regional grid operator PJM Interconnection and the U.S. Nuclear Regulatory Commission of its intent to shutter, forever, nuclear reactors at its Perry, Davis-Besse and Beaver Valley stations.
Since its founding in 1974, the U.S. Nuclear Regulatory Commission’s primary mission has been to protect public health and safety. Among the hallmarks of its ”Principles of Good Regulation” are independence, openness, efficiency, clarity and reliability. As a result, the U.S. nuclear industry has never injured a single member of the public in its entire history.
The U.S. Congress last week passed an omnibus budget for the remainder of fiscal 2018. The $1.3 trillion spending measure, signed by President Trump March 23, includes just over $1.2 billion in support for the U.S. Department of Energy’s nuclear energy programs and $922 million for the U.S. Nuclear Regulatory Commission.
As Saudi Arabia considers building up to 17.6 gigawatts of nuclear capacity by 2032, the country’s Crown Prince Mohammed bin Salman visited the United States this week and met with President Donald Trump at the White House. Nearby on Capitol Hill, a U.S. House of Representatives subcommittee held a hearing on nuclear cooperation between the two countries.