Feds offer $1B to keep California's last nuclear plant open
The Biden administration on Monday announced preliminary approval to spend up to $1.1 billion to help keep California's last operating nuclear power plant running, even as officials turned down a request for financial aid to restart a closed nuclear plant in Michigan. The Energy Department said it was creating a path forward for the Diablo Canyon Power Plant on California's central coast to remain open, with final terms to be negotiated and finalized. The plant, which had been scheduled to close by 2025, was chosen in the first round of funding for the administration's new civil nuclear credit program, intended to bail out financially distressed owners or operators of nuclear power reactors.news.yahoo.com
Official: Idaho computer chip plant makes US more resilient
Energy Secretary Jennifer Granholm says a $15 billion investment in a new semiconductor plant by Boise, Idaho-based chipmaker Micron in its hometown is a step in protecting the United States from the vulnerabilities of a globalized market made clear by the COVID-19 pandemic and the war in Ukraine.
Plan emerges to reopen Palisades Nuclear Power Plant, but federal grant key
COVERT, MI -- A plan has emerged to restart the Palisades Nuclear Power Plant near South Haven, but a federal grant is key to the effort. Holtec International, owner of the plant as of June 28, has applied for a federal grant under the Civil Nuclear Credit (CNC) program. Related: Palisades Nuclear Power Plant on Lake Michigan shoreline has been soldGov. But at some point, with a federal announcement of Civil Nuclear Credit Program, a decision was made to look at restarting the plant. The Civil Nuclear Credit Program has $6 billion with a purpose of helping preserve the exiting U.S. reactor fleet and saving jobs.mlive.com
Oil industry says Granholm meeting sends 'positive signal'
Groups representing the oil industry and refiners say a meeting with Energy Secretary Jennifer Granholm was productive and should send a signal to markets that the United States is committed to long-term investments in the oil and refining industry.
Biden, Chevron chief trade sharp words over gas prices
In a pointed back and forth, the head of Chevron has complained that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.”.
Despite 500 fewer jobs, keeping Farmers Insurance MEGA tax credits was right call, MEDC says
Last week, the Michigan Economic Development Corporation board approved Farmers’ request to amend its 2009 MEGA tax credits. Despite the reduction, the MEDC said keeping the agreement in place, rather than axing it altogether, was the right call. “The MEDC’s primary mission is to help businesses succeed in Michigan,” MEDC spokesperson Otie McKinley said in a statement. Caledonia Township Treasurer Richard Robertson shared the stage with Granholm back in 2009 when the Farmers expansion was announced. Top leadership at the MEDC discussed Farmers’ request to reduce its job creation goals by 500 positions, she said.mlive.com
Energy secretary: US offshore wind jobs should be union jobs
The U.S. energy secretary and Danish wind developer Orsted say they want American union workers to build offshore wind farms to dot the U.S. coastlines — the building trades workers who could otherwise be left out of a transition to renewable resources.
Raimondo: Inquiry on solar imports follows the law
Commerce Secretary Gina Raimondo pushed back forcefully Wednesday against critics — including some within the Biden administration — who say a government investigation of solar imports from Southeast Asia is hindering President Joe Biden’s ambitious climate goals.
Energy Chief Jennifer Granholm Touts $3B Plan To Boost EV Batteries
WASHINGTON (AP) — Continuing its push to dramatically boost sales of electric vehicles, the Biden administration on Monday announced $3.1 billion in funding to U.S. companies that make and recycle lithium-ion batteries. The grants will help strengthen U.S. energy independence and support Biden’s goal to have electric vehicles make up half of all vehicle sales in America by 2030, she said. Electric vehicles accounted for 4.2% of U.S. new vehicle sales in the first quarter of this year, according to Edmunds.com. Companies will be required to match grants on a 50-50 basis, with a minimum $50 million investment, the Energy Department said. Nor does it address the chief hurdle to increased domestic mining: the years-long process needed to obtain a federal permit for a new mine.detroit.cbslocal.com
Jennifer Granholm visits new MSU facility expected to lead the nation in nuclear research
At MSU, Granholm spoke about the impact the new facility will have on Michigan and the country, as FRIB is expected to become the nation’s premiere center for nuclear research. “We’re going to invest in curiosity-based research, and research that leads to cures for cancer, that leads us to be safe in a nuclear age,” Granholm said. Gretchen Whitmer; MSU President Samuel L. Stanley Jr.; FRIB Director Thomas Glasmacher; MSU Board of Trustees Chair Diane Byrum; U.S. Sens. FRIB is also expected to generate accumulated wages totaling $1.7 billion, and add $4.4 billion to the state’s economy. “The FRIB will ensure that Michigan is the epicenter of high tech research, innovation and job growth,” Whitmer said.mlive.com
Former Gov. Granholm to visit Hemlock Semiconductor to promote Biden’s clean energy initiatives
THOMAS TOWNSHIP, MI — Former Michigan governor and current member of President Joe Biden’s cabinet, Jennifer Granholm, will visit mid-Michigan this week to highlight the manufacturing industry’s role in the president’s clean energy initiatives. Granholm, the U.S. secretary of energy, will tour Hemlock Semiconductor Corp. (HSC) in Thomas Township as well as XALT Energy in Midland on Friday, March 11, officials said. Officials said the trip is to raise awareness about Biden’s initiative to achieve energy independence in the U.S. through clean energy, strong domestic supply chains, and American manufacturing. XALT Energy manufactures batteries and battery technology. Saginaw plans electric vehicle charging stations for downtownDeepening distrust between Saginaw City Council trio dates back to 2020 election campaignmlive.com
What We Know About Ukraine’s Shelled Nuclear Plant
News of what Ukrainian officials said was an unprecedented attack on a nuclear power plant, the largest in Europe, sent shudders around the world. But the damage at the Zaporizhzhia plant is unlikely to result in the kind of devastation seen in the last atomic disaster on Ukrainian soil, the 1986 meltdown at Chernobyl.washingtonpost.com
US, other nations agree to release 60M barrels of oil amid Russian war
She said in a statement that President Joe Biden approved a commitment of 30 million barrels and that the U.S. is ready to “take additional measures” if needed. Russia plays an outsized role in global energy markets as the third-largest oil producer. Its exports of 5 million barrels of crude per day amount to about 12% of the global oil trade. Western leaders are reluctant to restrict Russian oil exports at a time when global energy markets are tight and high prices are fueling inflation in developed economies. The release amounts to 4% of stockpiles, or roughly 2 million barrels per day for 30 days.mlive.com
Nations agree to release 60M barrels of oil amid Russian war
The International Energy Agency’s 31 member countries have agreed to release 60 million barrels of oil from their strategic reserves “to send a strong message to oil markets” that supplies won’t fall short after the Russian invasion of Ukraine.
Nations agree to release 60 million barrels of oil amid war
All 31 member countries of the International Energy Agency have agreed to release 60 million barrels of oil from their strategic reserves “to send a strong message to oil markets” that there will be “no shortfall in supplies” as a result of Russia’s invasion of Ukraine, the group said Tuesday. The IEA board made the decision at an extraordinary meeting of energy ministers chaired by U.S. Energy Secretary Jennifer Granholm. “The situation in energy markets is very serious and demands our full attention,” IEA executive director Fatih Birol said.news.yahoo.com
Biden revives 'clean energy' program with $1B loan guarantee
The Biden administration has issued its first clean energy loan guarantee, reviving an Obama-era program that disbursed billions of dollars in guarantees to help launch the country’s first utility-scale wind and solar farms a decade ago but has largely gone dormant in recent years.
Many environmentalists back Biden's move to tap oil reserve
Democrats and climate activists generally support President Joe Biden’s decision to release a record-setting 50 million barrels of oil from America’s strategic reserve, even as the action appeared to contradict Biden’s long-term goal to fight climate change.
SEE IT: Flood water nearly crushes young man in his family basement
Just when it didn’t look like it could get any worse, it did. Fortunately no one was hurt. Home security video shows a family assessing damage done to their New Jersey basement in the aftermath of Hurricane Ida. Janice Valle spoke of the scary scene that happened to one of her sons. The dirty water is a little more than ankle high as the Cranford, N.J., resident trudges across the room. A ...news.yahoo.com
Former Gov. Granholm tours Michigan plants as Biden sets goal to make 50% of new cars electric
Granholm had four Michigan stops on her schedule Thursday, including a tour of the Magna Electronics in Holly. “The United States need not rely on other countries – potentially adversaries – for the supplies to make the electric vehicle,” Granholm said. We want to make the whole thing, soup to nuts.”On the Magna tour, Granholm learned about how the company makes lidar sensors for automakers like BMW. plants next weekIn the short term, Biden is working with allied countries to get more chips to the U.S., Granholm said. “The best thing about it is, Michigan stands to benefit profoundly as we convert to a 50% electric fleet,” Slotkin said.mlive.com
Senator says Michigan got Juneteenth history wrong in 2005 law, proposes fix
LANSING, MI — Sen. Sylvia Santana, D-Detroit, has introduced legislation to change the language within Public Act 48 of 2005, which commemorates June 19, or Juneteenth, as National Freedom Day in Michigan. Santana said the bill would “correct details” of the law in order to give an accurate history of Juneteenth, which recognizes the effective end of slavery in the United States. Juneteenth, the oldest nationally celebrated commemoration of the end of slavery in the U.S., is often attributed to the ratification of the 13th Amendment. Senate Democrats want to change the language within the Michigan law to accurately reflect that. ”This bill is simply designed to correct the misinformation discovered in existing law,” Santana said.mlive.com