Nuclear Power
Entergy reported second-quarter profits of $409.9 million ($2.27/share), compared to $567.3 million ($3.11/share) a year ago.
Exelon said they will press PJM to enact changes boosting off-peak prices and are confident nuclear plants in New York and Illinois will survive challenges.
PSEG CEO Ralph Izzo said that the company has received “just about universal support for the continued operation” of its nuclear plants.
FirstEnergy CEO Chuck Jones said that he thinks the “country is heading for a disaster” because of its over-reliance on natural gas for generating power.
More than 1,000 people attended the National Association of Regulatory Utility Commissioners’ Summer Policy Summit.
Illinois and New York state officials filed briefs citing a recent 2nd Circuit decision in defense of their zero-emission credits for nuclear plants.
Following FERC’s technical conference on tensions between wholesale electric markets and policy initiatives, the commission invited comments on five paths.
Efforts to incorporate New York’s aggressive climate change policies into NYISO markets are focused on the introduction of a carbon price adder.
In response to a request for comments on paths to reconciling policies and wholesale markets, PJM officials told FERC they are pursuing three initiatives.
Panelists at the 154th New England Electricity Restructuring Roundtable in Boston discussed the recent failure of a nuclear subsidy bill in Connecticut.
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