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- Senate ADVANCES Nuclear Legislation // New Hampshire Rate Hikes // Wind Farms in Australia
Senate ADVANCES Nuclear Legislation // New Hampshire Rate Hikes // Wind Farms in Australia
Jeff Luse
June 19, 2024
Welcome to Grid Brief! Here’s what we’re looking at today: comprehensive nuclear legislation reaches President Biden’s desk, rate hikes in New Hampshire, Australian wind farm moves ahead.
Senate ADVANCES Nuclear Energy Legislation
Yesterday the Senate passed the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act 88-2, sending the measure to President Biden’s desk.
One of the most comprehensive clean energy bills in recent memory, the ADVANCE Act will bring nuclear power regulations into the 21st century, reduce fees for new reactors, accelerate innovation, and support domestic fuel production.
Read more about the landmark legislation here.
New Hampshire Ratepayers May Soon See Costs Increase
On Tuesday, Public Service Co. of New Hampshire, operating as Eversource Energy, submitted a $182 million distribution rate increase with state regulators. The plan includes a performance-based rate mechanism to reward the utility for reaching certain reliability metrics.
If enacted New Hampshire residents can expect to see a 17% rate increase over two years to pay for grid hardening and grid automation.
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Conversation Starters
Construction moves forward on Australia's largest wind farm (Power Magazine)
The $2.6 billion Golden Plains Wind Farm in Australia, which when complete will have about 1.3 GW of generation capacity, will be the largest wind farm in Australia once fully operational.
Solar faces cloudy prospects on warehouse rooftops (Wall Street Journal)
Low electricity prices and high upfront costs have made some warehouse landlords wary about installing rooftop solar. Others are pushing ahead.
CCUS market expected to surge through 2031 (Yahoo Finance)
SkyQuest projects that the CCUS Market will attain a value of $6.16 billion by 2031, driven by increasing private sector interest, R&D breakthroughs, and regulatory pressure.
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