Exelon
Exelon told PJM’s Markets and Reliability Committee that the RTO “buried the lede” in its analysis of nuclear plant retirements in Ohio and Pennsylvania.
An attempt to save Pennsylvania’s Three Mile Island fell apart, but that doesn’t mean state lawmakers will abandon support for nuclear subsidies altogether.
Exelon announced it will permanently shut down the nearly 45-year-old Three Mile Island nuclear plant in Londonderry Township, Pa., by Sept. 30.
FERC rejected PG&E’s request to rehear its ruling that it shares authority with a federal bankruptcy judge over any PPAs the utility might seek to modify.
The New Jersey Board of Public Utilities approved zero-emission credits totaling $300 million for the Hope Creek and Salem nuclear plants.
It’s been nearly 3 weeks since Pa. lawmakers proposed a $500 million plan to subsidize the state’s nuclear fleet, and hearings on the issue are weeks away.
With two months to go before Exelon says it will pull the plug on Three Mile Island, Pennsylvania lawmakers unveiled legislation to spend $500 million annually to subsidize the state’s nuclear fleet.
The PJM MIC set up a showdown over whether the RTO can force capacity resources into energy-only status for failing to meet requirements.
PJM’s Market Implementation Committee, which approved changes to its must-offer exception rules in November, will consider 2 alternative proposals March 6.
Pennsylvania lawmakers must approve nuclear subsidies by May to prevent the retirement of Three Mile Island Unit 1, Exelon CEO Chris Crane said.
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