Nuclear Power
Negotiators trying to keep the Ginna nuclear power plant in New York financially viable have been given a three-week extension by state regulators.
Illinois legislative leaders haven’t decided on their next move following a report that offered options for aiding the finances of Exelon Nuclear's power plants.
Illinois officials last week offered a list of options for keeping Exelon’s nuclear plants running, including a carbon tax and a cap-and-trade program.
Entergy powered down the Vermont Yankee nuclear station for the final time last week, leaving ISO-NE even more dependent on natural gas.
Republicans threatened to blunt the Obama administration’s proposed carbon emissions rule after taking control of Congress in last week's elections.
Virginia State Corporation Commission staff wants Dominion Virginia Power to conduct a risk analysis comparing reliance on natural gas-fired generation and constructing a third unit at its North Anna nuclear plant.
Exelon shareholders shed no tears last week over the news that five of the company’s nuclear units failed to clear PJM’s capacity auction. Analysts say the company will earn almost $150 million more in capacity revenue than it would have if all of the company’s capacity had cleared.
“Clean” energy portfolio standards may be a way for states to provide financial support for ailing nuclear plants, FERC officials told the NRC last week.
The wind industry is fighting back against Exelon's claims that it, and the production tax credit (PTC) is responsible for negative energy prices that are contributing to nuclear plants' financial woes.
PJM is considering boosting its capacity payments to nuclear plants and others with firm winter fuel supplies, the RTO told a FERC technical conference Tuesday.
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