Byron nuclear plant
PJM is recommending using an installed reserve margin of 14.6%, slightly up from 14.4% required in 2020.
PJM wants to modify the generator deliverability tests for light-load and winter periods as more renewable energy is set to come online.
Exelon said its Byron and Dresden nuclear plants are likely to close because of slow progress on federal and state legislation that would rescue them.
Exelon officials told investors that Illinois’ transition toward 100% carbon-free power can’t succeed without PJM market reforms.
Capacity Performance resources cleared at $151.50/MW-day in the transition auction for the 2017/18 delivery year, PJM said Wednesday.
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.
State briefs from around PJM's territory. Included this week are Delaware, Illinois, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, and West Virginia.
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