Nuclear Power
Several companies doing business in the PJM footprint, including PPL, PSEG and Exelon, reported their third-quarter earnings results last week.
A group of energy companies and trade groups filed a lawsuit calling New York's nuclear power plant subsidies unconstitutional.
The NRC Inspector General last week issued his annual report on the agency’s most serious management and performance challenges, highlighting concerns over cybersecurity, reactor inspections and licensing.
Five New York City-area legislators wrote to the Public Service Commission questioning the ratepayer-funded nuclear power plant subsidy.
Numerous stakeholders have called for rehearing of New York’s Clean Energy Standard (CES) , raising objections over the subsidy for nuclear power and the elimination of support for some legacy renewable energy plants.
The Clean Power Plan poses no threat to reliability in PJM, but compliance costs are highly sensitive to gas prices and whether states go it alone or combine efforts with a regional approach, according to a study released by the RTO.
Ampersand Hydro said it was arbitrarily excluded from the New York Public Service Commission’s Clean Energy Standard and its nuclear subsidy.
Entergy reiterated that it does not intend to continue operating the troubled James A. FitzPatrick nuclear plant in upstate New York beyond January 2017.
The New York PSC unanimously approved its Clean Energy Standard, including a controversial plan to provide a nuclear subsidy for up to 12 years.
The New York Public Service Commission (NYPSC) closed the comment period on the cost of the plan’s zero-emission credits for nuclear power plants.
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