MidAmerican Energy, MRES Discontinue Development of Pumped Hydro Project

MidAmerican Energy and Missouri River Energy Services have decided not to pursue a pumped hydro project at this time, MRES said on May 23. MidAmerican Energy and MRES teamed up to explore the Gregory County Pumped Storage Project as a way to store the energy that is already being generated from

Constellation Energy in Deal to Buy NRG’s Stake in South Texas Nuclear Project

Constellation Energy is acquiring NRG Energy’s 44 percent stake in the 2,645-megawatt South Texas Project nuclear plant in Texas.

President Biden Signs Bill Lifting Debt Limit into Law; Measure Addresses Energy Permitting

President Biden on June 3 signed into law legislation that lifts the U.S. debt limit through 2024 and includes energy permitting reforms.

SMUD to Issue Approximately $495 Million of Revenue Bonds

California public power utility SMUD on June 2 said that it plans to issue approximately $495 million of revenue bonds and revenue refunding bonds this month.

Senate Committee Approves Bill that Promotes Advanced Nuclear Generation

The Senate Environment and Public Works Committee on May 31 passed legislation that promotes advanced nuclear reactors and related fuels, calls for regulatory changes at the U.S. Nuclear Regulatory Commission, and addresses nuclear power supply chain issues.

Senators Urge DOE to Reconsider Transformer Conservation Standards Proposal

The Department of Energy should reconsider its proposed rule to increase conservation standards for distribution transformers, 47 U.S. senators said in a June 1 letter to Secretary of Energy Jennifer Granholm. The bipartisan letter was led by Senator Bill Hagerty (R-TN).