Largest urban solar power plant closer to reality
Exelon is one of the nations's largest electric utilities. The Exelon solar power plant would consist of more than 30,000 solar panels on a site in Chicago's West Pullman neighborhood.
Exelon says it would generate enough electricity to power about 1,200 homes.
The Chicago city council has approved a lease for the vacant industrial site, which is considered a brownfield.
The plant may have local support, but it will still take a major federal commitment to make it happen.
Exelon says the project depends on government guarantees for some 50 million dollars in loans, about 80 percent of the cost.
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Energy groups warn Trump and Perry are rushing major change to electricity pricing
WASHINGTON - A coalition of 11 industry groups is pushing back on Energy Secretary Rick Perry's efforts to quickly implement a major change to the way electric power is priced in the United States.
The Energy Department on Friday proposed a rule that stands to bolster coal and nuclear power plants by forcing the regional markets that set electricity prices to compensate them for the reliability they provide. Perry asked the Federal Energy Regulatory Commission to consider and finalize the rule within 60 days, including a 45-day period during which stakeholders can issue comments.
On Monday, groups representing petroleum, natural gas, electric power and…
