November 5, 2024

Consumer Advocates of the PJM States (CAPS)

Ginna Nuclear Plant Wins Contract to Keep Operating
The owner of the R.E. Ginna nuclear plant announced an agreement with Rochester Gas & Electric that will keep the plant operating for more than three years.
Ginna Negotiators Given 3 More Weeks to Make Deal
Negotiators trying to keep the Ginna nuclear power plant in New York financially viable have been given a three-week extension by state regulators.
Negotiations to Extend Ginna Nuke Plant Life to Conclude this Week
Negotiations that could determine the future of the R.E. Ginna nuclear plant in upstate New York are set to conclude this week.
PJM Market Monitor: Bar Generators from Cost Development Rulemaking
PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.
DOE IG Investigating FERC Enforcement
In response to requests from several senators from both parties, the DoE’s Inspector General has begun an investigation into FERC’s Enforcement office.
Company Briefs
News briefs on companies in the PJM Interconnection this week, including PSEG, Duke, FirstEnergy, AEP, Ameren, Constellation and General Motors.
Constellation, Comverge Merging Demand Response Businesses
Constellation Energy and demand side management specialist Comverge said last week they are combining their demand response businesses for C&I customers.
Exelon to Buy Retailer Integrys for $60M
Exelon, a company primarily known for its generation fleet, continued its customer-buying spree last week when it announced an agreement to buy Integrys Energy Services for $60 million.
Members Narrow Scope of FTR Task Force
Members narrowed the scope of a task force created to improve funding of FTR, agreeing to eliminate consideration of balancing congestion.
States, not FERC, will be Challenge for Exelon-Pepco
Exelon’s proposed $6.8 billion acquisition of Pepco Holdings Inc. should clear federal regulatory hurdles easily but may face a tougher time convincing state regulators.

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