Nuclear Power
The Clean Power Plan may face an uncertain future in the courts, but investors and utility executives said it won’t upset the long-term shift away from coal-fired generation and toward increased efficiency.
The White House convened a “Summit on Nuclear Energy” in an attempt by the Obama administration to make up with the industry.
Exelon's Clinton reactor will take part in MISO’s spring capacity auction, keeping the reactor functioning throughout the 2016/17 operating year.
Entergy announced Tuesday it will close its Pilgrim Nuclear Power Station in Plymouth, Mass., no later than June 1, 2019, marking the company’s exit from the New England market.
PJM generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.
PJM's first capacity auction under its new no-excuses policy saw prices rise 37% to $164.77/MW-day in most of the RTO.
The NYPSC approved a temporary surcharge while a final agreement to keep the R.E. Ginna nuclear plant operating is hammered out.
“My guess is EPA is going to largely ignore the problem and hope that nuclear plants don’t retire,” an Exelon executive said.
Increased use of renewable energy will depress energy prices, increase capacity prices and lead to early retirement of baseload plants, according to ISO-NE.
Consumer advocates told PJM that Capacity Performance could saddle ratepayers with excessive costs because of its treatment of renewable energy.
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