The "right-to-control theory" used by federal prosecutors "cannot form the basis for a conviction under federal fraud statutes,” Justice Clarence Thomas said in the unanimous opinion, with the high court also ruling on disputes related to the controversial Mountain Valley gas pipeline and to state mandates affecting interstate commerce.
U.S. Treasury Dept. details Inflation Reduction Act investment and production tax incentives that could unlock billions for more domestic manufacturing, but projects could still gain credits even with use of polysilicon wafers that one trade group said is 95% imported from China.
New England state reveals details of fourth round of developer bids—with new terms on cost hikes—while New Jersey launches expanded bid for ocean-to-shore power transmission options and permits first construction of 1.1-GW Orsted project.
President Joe Biden will veto the repeal vote, which was widely criticized by solar facility developers as threat to project work, with industry observers saying Congress lacks support to override the president's veto.
Justices could move to reduce power of U.S. agencies such as EPA and SEC to interpret rules under unclear federal laws based on 40-year-old high court precedent, but they opt not to intervene in the latest climate-change damage litigation against energy companies.
Even as small nuclear reactor designs gain traction, with Westinghouse announcing in early May a new 300-MW version of its larger AP1000 model now in use in Georgia and elsewher, construction hurdles need attention to speed deployment of advanced technology, says a new National Academies analysis.
Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.
Project development, estimated to occur in the early-to-mid 2030s, will be based on design used in the U.S. Energy Dept. breakthrough effort last December that successfully demonstrated laser fusion power with energy gain.
Giant 10-year O&M contract combines functions of two awards originally planned—one to manage millions of gallons of radioactive waste stored underground at the former weapons site and the other to operate its multi-billion-dollar waste treatment plant awaiting startup.