Missouri fails to reach deal on nuclear plant
JEFFERSON CITY, MISSOURI - Missouri lawmakers have failed to reach agreement on legislation letting utilities charge electric customers for the cost of getting a permit for a possible second nuclear power plant in the state.
Senators considered a final attempt on the bill with less than an hour left before the annual session ended. Several senators worried there was too little time to consider the possible deal.
A voter-approved state law bars utilities from charging customers the costs of a new plant before it starts producing power. Utilities wanted that law changed so they could pass on the expense of getting an early site permit for a nuclear plant from federal regulators.
The measure faced opposition over concerns about protections for electric ratepayers.
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Britain Prepares for High Winter Heating and Electricity Costs
LONDON - The government organization that controls the cost of energy in Great Britain recently increased what is known as a price cap. The price cap is the highest amount that gas suppliers can charge for a unit of energy.
The new, higher cost has people concerned that they may not be able to pay for their gas and electricity this winter. Some might pay as much as $4,188 for energy next year. Earlier this year, the price cap was at $2,320.
Why such a change?
Oil and gas prices around the world have been increasing since 2021 as economies started up again…
