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October 14, 2024

Energy Market

Entergy Closing FitzPatrick Nuclear Plant in New York
Entergy said Monday it will close the 838-MW James A. FitzPatrick Nuclear Power Plant by early 2017 due to declining revenues and high operational costs.
NYPSC Denies Disclosure of Bidding Information
The NY PSC for the second time rejected a New York assemblyman’s attempt to force the disclosure of bidding information from the state’s generators.
Ginna Lifeline to End in 2017; Profits After ‘Unlikely’
The R.E. Ginna nuclear plant and Rochester Gas & Electric have reached an agreement to provide a financial lifeline for the plant through March 2017, 18 months earlier than originally proposed.
FERC Rejects Rehearing Requests on IS
FERC denied multiple requests for rehearing and clarification of its 2014 order that conditionally approved the core Integrated System entities’ SPP membership.
New York Sees Winter Prices Moderating
New York's winter electricity prices are expected to average about 9% lower than last year’s, PSC staff said.
FERC Rejects Refund on PJM Polar Vortex Charges
FERC denied Champion Energy Marketing’s request for a $3.1 million refund in PJM uplift charges related to the polar vortex of January 2014.
FERC won’t Rehear PJM MOPR Ruling
FERC declined to rehear a 2013 order approving PJM's revisions to a rule designed to mitigate buyer-side market power in the capacity market.
FERC Jurisdiction over DR in Peril as Supreme Court Splits
The Supreme Court's liberal wing indicated support Wednesday for FERC’s jurisdiction over demand response, but the commission faced harsh questions from conservative Antonin Scalia and swing vote Anthony Kennedy.
Entergy Closing Pilgrim Nuclear Power Station
Entergy announced Tuesday it will close its Pilgrim Nuclear Power Station in Plymouth, Mass., no later than June 1, 2019, marking the company’s exit from the New England market.
PJM Market Implementation Committee Briefs
A summary of issues discussed by the PJM Market Implementation Committee on Oct. 7, 2015.

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