Nuclear Power
Nuclear supporters and New York Gov. Andrew Cuomo are trying to keep the plants running.
Nuclear power plant owners are welcoming reports that Gov. Andrew Cuomo wants state regulators to mandate that half of the state’s energy come from renewable energy sources by 2030.
The Clean Power Plan may face an uncertain future in the courts, but investors and utility executives said it won’t upset the long-term shift away from coal-fired generation and toward increased efficiency.
The White House convened a “Summit on Nuclear Energy” in an attempt by the Obama administration to make up with the industry.
Exelon's Clinton reactor will take part in MISO’s spring capacity auction, keeping the reactor functioning throughout the 2016/17 operating year.
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 generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.
PJM's first capacity auction under its new no-excuses policy saw prices rise 37% to $164.77/MW-day in most of the RTO.
The NYPSC approved a temporary surcharge while a final agreement to keep the R.E. Ginna nuclear plant operating is hammered out.
“My guess is EPA is going to largely ignore the problem and hope that nuclear plants don’t retire,” an Exelon executive said.
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