Nuclear Power
The closure of Entergy’s FitzPatrick nuclear plant will not impact reliability or leave New York short of generation in 2019.
The U.S. Senate overwhelmingly passed its first major energy bill in almost a decade but faces a tight calendar to reach agreement with the House.
Entergy said it intends to refuel the Pilgrim nuclear power plant next year and then cease operations on May 31, 2019.
The appeal lent support to Illinois legislation that would shore up Exelon’s struggling nuclear plants with $300 million per year.
Speakers at EUCI’s US-Canada Cross-Border Power Summit discussed the challenges of natural gas' rapid rise and displacement of other resources.
On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 due to cheap natural gas, FERC staff said in its State of the Markets report.
The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.
FERC approved the plan to keep the Ginna nuclear power plant operating but objected to elements that it said encroached on its jurisdiction.
Fourth-quarter profits of $99.6 million weren’t enough to offset Energy’s losses for the year, the company reported.
Six environmental groups have asked NRC for an immediate closure of the Indian Point nuclear plant in New York.
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