Exelon
FERC tentatively accepted a cost-of-service agreement between Exelon and ISO-NE for Mystic 8 and 9, ordering an expedited hearing process.
Exelon announced it has signed an agreement to purchase the retail business of bankrupt FirstEnergy Solutions for $140 million in cash.
FERC denied ISO-NE’s request for a Tariff waiver to keep Exelon’s Mystic plant running, instead ordering the RTO to allow cost-of-service agreements.
Comments filed with FERC indicate most stakeholders oppose ISO-NE’s Tariff waiver request to keep Exelon's Mystic generating station running.
New Jersey Gov. Phil Murphy signed legislation to subsidize the state’s nuclear generating fleet and boost renewable generation including solar, storage and offshore wind.
Exelon’s plans for its generation subsidiary rely heavily on a push for new legislation and market rule changes that ensure profitability for its plants.
PJM won’t abandon the Artificial Island transmission project because of threats to close the two nuclear plants it’s intended to support, the RTO said.
Citing reliability concerns, ISO-NE will ask FERC for a Tariff waiver to allow Exelon's 1,998-MW Mystic Generating Station to continue running.
Exelon filed with ISO-NE to retire the Mystic generating station, but the company said it “may reconsider” the decision if the RTO can reform its markets.
A Delaware demand-side group has asked the PJM Board of Managers to again suspend the Artificial Island transmission project.
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