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Construction Begins at Enel's Rattlesnake Creek Wind Project to Serve Facebook's New Data Center

LCG, November 16, 2017--Enel Green Power North America, Inc. (EGPNA), the U.S. renewable energy company of the Enel Group, announced Tuesday that it has started construction of the 320-MW Rattlesnake Creek wind farm in Dixon County, Nebraska. Enel estimates its total investment in Rattlesnake Creek to be approximately $430 million.

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Dominion Notifies NRC of Plan to Relicense Nuclear Units at North Anna Power Station

LCG, November 14, 2017--Dominion Energy Virginia, a unit of Dominion Energy, Inc., yesterday notified the Nuclear Regulatory Commission (NRC) of its intent to relicense its two-unit North Anna Power Station in Louisa County, Virginia for an additional 20-year term. The company informed the NRC that it expects to file a license renewal application in 2020.

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Industry News

FirstEnergy Pursues State Legislation to Support Nuclear Plants in Ohio

LCG, February 24, 2017--FirstEnergy Corp. is pursuing legislation in Ohio to provide financial support to its two nuclear power plants, Davis-Besse and Perry, through a zero emission credits (ZECs) program. The financial support is sought to avoid premature retirement of the carbon-free electric generating facilities that have a combined capacity of 2,176 MW.

On Wednesday, FirstEnergy's president and chief executive officer stated, "We continue to assess and evaluate a number of strategic alternatives for our companies - for our competitive business, including asset sales, legislative or regulatory initiatives for generation that recognizes environmental or energy security benefits, alternatives for our retail business and financial restructuring."

Last year, state legislation with ZEC programs was passed in Illinois and New York to provide financial support and avoid early retirement of nuclear plants located in those states. The nuclear power plants are challenged to compete in a market with a growing number of combined-cycle plants fueled by low-cost natural gas. Furthermore, aggressive state renewable portfolio standards drive significant new installations of wind and solar capacity that reduce the net electricity load and dampen wholesale power prices. The New York Clean Energy Plan goal is 50 percent renewable energy by 2030, and the Illinois Renewables Portfolio Standard goal is 25 percent for 2026. In addition to providing clean energy with no carbon dioxide or other air emissions, the number of employees at the nuclear plants and the associated plant property taxes are a significant benefit to the counties in which the plants are located.
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