Good morning. Mason is off this morning, as he is among the thousands of Virginians dealing with power outages after yesterday’s winter storm. Meanwhile, there is a lot of other grid-related news today, as utilities and lawmakers consider different strategies to increase generating capacity amid increasing demand. Stay safe out there!
A conservative think tank that has opposed offshore wind declines to join an effort to shut down the Dominion project, noting that doing so would leave ratepayers with more than $6 billion in stranded costs. (Bacon’s Rebellion)
The Tennessee Valley Authority signs a cooperative agreement with a company seeking to develop a prototype nuclear fusion reactor at a closed coal plant. (Knoxville News Sentinel)
Florida Power & Light is unlikely to meet a ten-year deadline to address a groundwater contamination threat caused by cooling tunnels under the Turkey Point nuclear plant. (Miami Herald)
STORAGE
South Carolina utility Santee Cooper proposes a settlement that would let it recover $550 million in unexpected costs incurred during a five-year rate freeze imposed after a failed nuclear plant expansion. (Post and Courier)
North Carolina withdraws incentives for a California cleantech company that has struggled to build out a new headquarters in Durham. (Raleigh News & Observer)
Federal regulators seek a $2.4 million fine against an ExxonMobil subsidiary for harassing inspectors sent to examine a carbon dioxide pipeline in Mississippi. (Louisiana Illuminator)
COMMENTARY
South Carolina lawmakers pause debate on a bill that would allow electric vehicle manufacturers to sell directly to consumers and bypass dealerships. (The State)