FERC denied a rehearing request and partly adopted a clarification request by Constellation Energy related to a challenge to the fixed costs associated with the Mystic cost-of-service agreement.

The Massachusetts Department of Public Utilities approved agreements between Constellation Energy and the state’s investor-owned gas utilities to keep the Everett LNG import facility operating through May 2030.

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.

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.