Ontario Power Generation
Ontario approved a $26.8 billion CAD plan to overhaul four aging nuclear reactors that supply approximately 11% of the province’s electricity needs.
The New York Power Authority announced the appointments of Todd Josifovski and Christopher Hanson to its advanced nuclear energy initiative.
Ontario environmental groups panned the Canadian government’s inclusion of small modular reactors among infrastructure projects selected to receive fast-track regulatory treatment, saying renewables would be a far cheaper way to expand generation capacity.
IESO’s Technical Panel approved measures to reduce unfulfilled capacity commitments and began discussion of proposed changes for how the ISO breaks ties in its annual auctions.
Ontario is putting its chips on nuclear power and natural gas to meet its growing energy demand while directing IESO to incorporate gas distributors and the province’s economic development goals in its system planning.
IESO has 37.2 GW of installed capacity and 18,640 miles of transmission, both ranked seventh among the nine organized markets in the U.S. and Canada.
TVA CEO Jeff Lyash announced plans to retire “no later than the end of the fiscal year” after running the federal power authority for nearly six years.
Advanced nuclear technology, with all promise and all its baggage, is one of the ways New York is considering meeting its clean energy goals.
The new federal funding is aimed at building market confidence that the U.S. nuclear industry will be able to incorporate the lessons learned at Vogtle to deliver a new round of safer, more efficient SMRs on time and on budget.
The Tennessee Valley Authority doesn’t appear ready to fast-track its decarbonization plans despite receiving a letter this month from 10 members of Congress urging it to chart a path to 100% clean energy by 2035.
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