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Constellation and EDF Form Nuclear Venture

Actually, Electricite de France (EDF) and Constellation Energy have been working together for awhile, including as partners in UniStar . But this is a different venture, lately approved by the Maryland Public Service Commission and, let us say, spectacularly good news: EDF is seeking to acquire nearly half of Constellation's nuclear assets. Constellation has said the joint venture with EDF will enable it to build a third reactor at the Calvert Cliffs Nuclear Power Plant in Lusby in southern Maryland to meet future energy demands. The Maryland Public Service Commission included several conditions to approving the deal on Friday in the venture's last regulatory hurdle. The U.S. Nuclear Regulatory Commission approved the deal last month. As one of the conditions, the PSC set a one-time, $110.5 million credit for customers of Baltimore Gas and Electric, a subsidiary of Constellation that is regulated by the commission. The credit will amount to about a $100 break f...

The Governors and Energy: Chris Christie

As opposed to Bob McDonnell below, governor-elect Chris Christie of New Jersey tilts rather away from the national Republican party on energy issues. Might not mean anything: It may just be that he has a genuine desire to move New Jersey to solar energy and will clear away hurdles to make it happen. Why the push for solar? Well, the Garden State has an image problem, though one not actually confirmed by the data: while most of the state justifies its nickname handily, what travelers though New Jersey see – driving up I-95 or taking Amtrak to New York – are monstrous-looking industrial plants that spew – something – into the air, making the night sky a sickly bright orange. It’s like one of Dante’s lower circles of Hell. Yet nuclear energy supplies 50% of the electricity in New Jersey – see here for the EIA stats for the state – so Christie’s plan has the effect of working with the other 50%. (Natural gas is the number two generator, at 30% or so. It’s really not a massively pollu...

The Governors and Energy: Bob McDonnell

The governors-elect in this case being Bob McDonnell in Virginia and Chris Christie in New Jersey. We’ll let the political blogs worry about what the win of two Republicans in previously Democratic-run states means (and that means no partisanship in the comments, please) and take a look at their energy policies. Let’s start with Bob McDonnell. Of the two, he comes closest to adapting the general tone struck by the national Republican party regarding energy, meaning he’s all in on all sources : Bob McDonnell supports the safe offshore exploration and drilling for oil and natural gas 50 miles off the coast of Virginia. This is not only an issue of energy independence and national security, but the development of Virginia’s offshore energy reserves will mean thousands of new jobs, billions of dollars in new investment, and hundreds of millions in new tax revenue to the Commonwealth. And: In 2006, the economic impact of the coal mining industry in Virginia was nearly $2.4 b...

Who [Else] is Advertising with the NHL?

When NEI announced its corporate sponsorship with the Washington Capitals one month ago, we knew that our advertising neighbors on the dasher at Verizon Center would be Papa Johns and Geico. Naturally, we were curious to know what other advertisers were trying to reach hockey fans across the league via this medium. As the NHL doesn't publicly provide this information, we dutifully watched hockey games in all thirty National Hockey League arenas (24 in the U.S. and a half dozen in Canada) in order to identify some of these advertisers. (Tough gig, eh?) The findings below are admittedly inexact; they represent a snapshot in time, taken at individual games over several weeks. More caveats: Only dasherboard ads were tracked.  Digital dasherboard ads with multiple advertisers were not included. The NHL has 44 ad positions available at each rink - only ads that were visible via the television camera at center ice were tracked. (Positions #40 - #21, left-to-right on a TV screen.) ...

In Small Packages

The plausibility of using small nuclear reactors in situations where a full-scale reactor might be seen as overkill is an idea pushed, as you would imagine, by vendors with such reactors in their portfolios. In fact, a group of those vendors travelled around Washington during the early fall months scaring up as much interest in their wares to anyone who wanted to listen. Not just think tanks, but the NRC has hosted a presentation on small units. NRC Chairman Gregory Jaczko told the NRC forum on small reactors in mid-October that his agency needs to ensure it has adequate resources to plan for detailed review of small and medium reactors. Among the issues needing resolution is focusing on specific technical designs. “We need to hear from the industry about the demand for these reactors, and the industry’s development and deployment priorities,” Jaczko said. Rod Adams has a terrific discussion of the NRC forum up at Atomic Insights. Jaczko sounds measured but open, about what o...

After the Ball Is Over

We provided you with some of the nuclear energy highlights from last week’s hearings on the Kerry-Boxer climate change bill. Now comes the finagling that makes politics so engaging for those who like to follow it, so frustrating for everyone else. This story from the Washington Post’s Juliet Eilperin explains: The climate-change bill that has been moving slowly through the Senate will face a stark political reality when it emerges for committee debate on Tuesday: With Democrats deeply divided on the issue, unless some Republican lawmakers risk the backlash for signing on to the legislation, there is almost no hope for passage. Now, if you’ve followed the health care reform debate, you know such a definite statement to be indefinite until something definite happens – if you know what we mean. And in the meantime, haggling goes on to see if a more attractive bill can be created via amendment for those who consider it unattractive. Here’s the nuclear takeaway: So Democrati...

The Kerry-Boxer Hearings: Day 3

And day last. We’re going to focus today on John Rowe, Exelon CEO. As we said over the last two days, the focus of the hearings has been general in nature, alighting on nuclear energy and other energy generators only occasionally. But Rowe dove straight into provisions that should be considered if the bill is to be responsive to the nuclear industry. Now, there were also representatives from the coal, natural gas, wind and hydro industries present at the hearing yesterday (solar was included earlier), so do not let our monotonic focus confuse you into thinking nuclear was overstressed at the hearing at the expense of others. Not at all. Finally, this story is taken from Nuclear Energy Overview, our news service for NEI members. What you may not know that NEI’s member will know is that 1. John Rowe is a very prominent figure in the industry, so his words carry considerable weight with the Senators. He speaks to the interests of the industry and, as you’ll see, he’s very frank and r...