December 22, 2024

Constellation Energy

Jakec, CC BY-SA 4.0, via Wikimedia Commons
With Three Mile Island Restart, Debate Continues on Co-located Load in PJM
Data centers and other concentrated electric consumers increasingly seek to buy their power directly through nuclear generators in PJM.
DOE
Constellation to Reopen, Rename Three Mile Island Unit 1

Constellation Energy plans to reopen Three Mile Island Unit 1 under a power purchase agreement with Microsoft to sell about 835 MW to serve the company’s data centers.

Shutterstock
NEPOOL Participants Committee Votes to Support Hourly GIS Tracking
The NEPOOL Participants Committee voted to update the Generation Information System to enable the transfer of hourly certificates, opening the door for the sale of hourly renewable energy credits. 
Invenergy
Parties Argue for More Changes to Interconnection Rules from FERC
FERC is considering additional changes to its rules on generator interconnections, with a technical conference set for Sept. 10-11 that saw pre-conference comments filed this week.
Constellation Energy
Constellation Raises Earnings Guidance amid Rising Demand
Constellation Energy turned in another solid quarterly report Aug. 6, boosting its earnings guidance for the year and offering a rosy picture for the future of its nuclear power fleet. 
© RTO Insider LLC
Demand Growth Takes Center Stage at NARUC Summer Policy Summit
The return to demand growth in the electric power industry has been a major theme this year, and it dominated the discussion at NARUC's Summer Policy Summit.
Jakec, CC BY-SA 4.0, via Wikimedia Commons
Talen Energy Deal with Data Center Leads to Cost Shifting Debate at FERC
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability. 
ISO-NE
NEPOOL Markets Committee Restarts Work on Capacity Market Changes
ISO-NE presented the initial scope of its work to coordinate resource capacity accreditation improvements with proposed capacity market timing changes at the NEPOOL Markets Committee summer meeting.
Consumers Energy
Mass. Announces Priorities, Advisers for Office of Energy Transformation
Massachusetts’ new Office of Energy Transformation will focus on cutting peaker plant emissions, eliminating the state’s reliance on the Everett Marine Terminal LNG import facility, and financing distribution grid upgrades that minimizes costs.
TerraPower
Bill Gates’ TerraPower Breaks Ground on Advanced Nuclear Plant
TerraPower broke ground on its Natrium reactor demonstration project in Wyoming, making it the first advanced reactor to enter construction.

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