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July 5, 2024

Nuclear Power

PJM
Dominion CEO: SCC Order for OSW Performance Guarantee ‘Untenable’
The Virginia Corporation Commission approved Dominion Energy’s OSW project, but the utility’s CEO said the capacity performance guarantee is “disappointing.”
Duke Energy
Duke Considering Sale of 3.5-GW Renewable Portfolio
Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.
Shutterstock
Entergy Beats Expectations with Q2 Earnings
Entergy easily beat analysts’ expectations with its second-quarter results, thanks to better-than-expected retail sales during the early-summer heat.
Public Service Enterprise Group
PSEG Eyes Democrats’ Climate Bill for Nuclear Plant Support
PSEG is hoping the Democrats’ proposed climate bill will provide long-term support for the utility’s three nuclear plants, now subsidized by N.J. ratepayers.
Consumers Energy
What’s in the Inflation Reduction Act, Part 2
The passage of the Inflation Reduction Act, formerly known as the Build Back Better Act, is once again hanging on the vote of a conservative Democrat.
© RTO Insider LLC
Need for Nuclear, Grid Reliability Top Fed Officials’ Concerns
Officials from the departments of Energy and Defense expressed their concerns about the growing threats to the grid at a D.C. forum.
© RTO Insider LLC
Could the US See a ‘Nuclear Renaissance’?
Pro-nuclear panelists at NARUC's Summer Policy Summit said small, advanced reactors are needed to offset the increase in weather-dependent renewables.
Entergy
Entergy Offers Regulators $588M to End Grand Gulf Complaints
Entergy has extended a $588-million settlement to end allegations that it took advantage of customers through energy sales at its Grand Gulf nuclear station.
PG&E
DOE Changes Funding Rules to Help Diablo Canyon Stay Open
The U.S. Department of Energy made changes requested by California to help postpone the retirement of Diablo Canyon, the state's last nuclear plant.
Low PJM Capacity Prices No Bargain, Coal & Gas Generators Say
Gas- and coal-fired generators said the sharp price drop in PJM’s 2023/24 capacity auction shows the RTO’s long-term reliability is at risk.

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