I’m confused. Power generated, regardless of the source, goes out on the general grid everyone accesses. What is the significance of Walmart saying they’ll buy nuclear power off the grid? Since the grid is powered by lots of different technologies, natural gas, coal, oil, (cough)solar and possibly unicorn farts, how will they know they’re getting just nuclear?
The model for power generation forever has been to socialize the cost of constructing a new plant by raising everyone’s rates. Does this article indicate that the cost of new generation is now being underwritten by the users of that new capacity? If that’s the case, will the power grid also benefit when that capacity is otherwise sitting idle? If so, will that affect the billing rates?
Enquiring minds need to know. (And you’re really old if you understood that cultural reference.)
Darn.
I thought the story would be about nuclear plants we could buy at Walmart
I want one
Nice article, Avi. Which nuclear plant in Illinois? There is more than one.
And all of this while consumer electricity costs in Illinois continue to rise.
The only economic development in Illinois is new taxes, which drives state government payroll to administer the tax, data centers, solar panel fields, and the new hotel in DeKalb that will get to keep 90% of the sales tax revenue for the first 10 years of operation because, well, the local government is desperate for any kind of good news.
Remember when all the data could fit on a thumb drive? 😂👍🇺🇸
The source is Barron’s not MSN.
“Base load affected facilities that follow the CCS pathway must meet a second phase standard based on 90% capture of CO2, using CCS, by 2035”
“Baseload affected facilities that follow the low-GHG hydrogen pathway must meet a second phase standard based on co-firing 30% low-GHG hydrogen by volume by 2032 and a third phase standard based on cofiring 96% by volume low-GHG hydrogen by 2038”
“must”
Walmart doesn’t want to pay for carbon capture scams.