Pennsylvania’s Three Mile Island may be acquired, dismantled

A company that specializes in decommissioning nuclear reactors is negotiating to acquire and dismantle Pennsylvania’s infamous Three Mile Island’s Unit 2 reactor, Kallanish Energy reports. The long-mothballed reactor was the site of the worst nuclear accident in the U.S., in 1979. Utah-based Energy Solutions has signed a non-binding term sheet with Gpu Nuclear, a subsidiary of Ohio-based … Read more

India has lowest renewable cost in Asia-Pacific

      India is the Asia-Pacific country with the lowest renewable energy cost, according to a new research note released by independent research company Wood Mackenzie. The levelized cost of electricity (Lcoe) fell to $38 per megawatt-hour (MWh) this year, thanks to solar photovoltaic (PV). It’s 14% cheaper than coal-fired power, Kallanish Energy learns. … Read more

Braskem drops plan for West Virginia cracker

      Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such a complex on the site, Kallanish Energy reports. That news came out last week in a series of statements and news reports. Brazil’s Braskem is … Read more

Braskem drops plan for West Virginia cracker

      Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such a complex on the site, Kallanish Energy reports. That news came out last week in a series of statements and news reports. Brazil’s Braskem is … Read more

JobsOhio commits $30M to potential petchem plant

      Ohio’s economic development arm has awarded its largest grant ever for site work for a massive, multibillion-dollar petrochemical plant being considered for eastern Ohio, Kallanish Energy reports. The $30 million JobsOhio grant is another step taken to positively influence Thai chemical company PTT Global Chemical America and its South Korean partner, Daelim … Read more

Going the Arctic route: Russia’s plans to develop LNG

Gas-rich Russia is working to boost its liquefied natural gas production to capture 20% of the global market by 2035. According to the report Russia’s New LNG Strategy: Breaking the Ice, released by IHS Markit last year, the country aims to create a whole new industry to benefit multiple sectors of the domestic economy by marketing its untapped Arctic … Read more

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