Constellation Energy
Constellation Energy is looking at squeezing more megawatts out of existing reactors, extending their operational lives and building new generation beside existing facilities.
Constellation is requesting an increase in the cost-of-operation charges in its proposed agreements with Massachusetts gas utilities to keep the Everett LNG import terminal operating through the winter of 2029/30.
The Massachusetts AGO and DOER expressed concern about the climate effects of proposed utility supply contracts to keep the Everett LNG import facility operating until 2030.
Proposed supply agreements between Constellation and Massachusetts gas utilities which would keep the Everett Marine Terminal operating through 2030 are facing pushback from environmental organizations and the Attorney General’s Office.
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
FERC ruled the Mystic Agreement arrangement provides sufficient assurance that the inputs to the filed rate are accurate.
New Jersey shut down its third offering of nuclear subsidies after the operators of the state’s three nuclear plants opted to not apply for state subsidies as they seek federal support.
Eversource and National Grid have reached agreements with Constellation to keep the Everett Marine Terminal open for six more years, pending approval from the state.
ISO-NE enters 2024 with several major projects underway and is grappling with the sweeping changes and long-term uncertainty brought by the clean energy transition.
PJM and stakeholders presented their final CIFP proposals and posted executive summaries explaining how their packages would redesign the RTO's capacity market.
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