The Brattle Group Projects $1.5 to $2.0 Trillion Investment Needed in the U.S. Electric Utility Industry by 2030

The U.S. utility industry will have to invest between $1.5 and $2.0 trillion between 2010 and 2030 to maintain current levels of reliable energy service for customers throughout the country, according to a new report issued today by The Brattle Group. The findings are detailed in “Transforming America’s Power Industry: The Investment Challenge... 

Funding Pours in for Green Valley Initiative

The Green Valley Initiative (GVI) has received grants and pledges totaling nearly $200,000 to help fund future efforts to bring clean and green technologies to the Inland Empire, representatives announced Tuesday. The economic development agencies of both Riverside and San Bernardino counties have committed $25,000 each to the process of identifying... 

Major Michigan Utility Selects GE Hitachi Nuclear Reactor Design in License Application to NRC

Detroit Edison, Michigan’s largest electric utility, today submitted a combined construction and operating license application (COLA) to the U.S. Nuclear Regulatory Commission for a potential new reactor, based on GE Hitachi Nuclear Energy’s ESBWR design, at its existing Fermi 2 Power Plant site. The facility is on the shore of Lake Erie, 35 miles... 

Forego the Candy, Go Green and Go Back to School With CFL Bulbs

Candy could lose its fundraising edge to compact fluorescent bulbs (CFL) this year. As students and teachers go back to school, ComEd is encouraging schools to “go green” with innovative energy efficiency and renewable energy programs and tips, including a unique fundraising program involving CFLs. The utility also offers educational workshops...