After spending more than $1.5 billion for construction and operating licenses for four new AP1000 nuclear plants in Florida and North Carolina, Duke Energy announced it will end activity on those plants and, at least in Florida, will pursue more solar power.
If initial lessons included in an interim status report on the cause of February’s failure of the main spillway at California’s Oroville Dam are heeded, hundreds of U.S. dams more than 50 years old may have to be re-examined and upgraded.
Dominion Energy is set to build a $2-billion pumped hydroelectric storage unit in southwest Virginia to accommodate 240 MW of solar generation it plans to add every year through 2032, the company confirmed.
Pipeline-sector observers are watching whether a U.S. appellate court ruling, which last month canceled federal approval of a $3.2-billion Florida natural-gas line and two others for not adequately considering the projects’ contribution to greenhouse-gas emissions, could affect approvals of other planned projects.
Proposed stringent emission-reduction targets through 2030 in the nation’s only interstate cap-and-trade program will continue the already well-established market shift toward renewable and efficient power-generation construction projects, industry analysts say.