Constellation Energy
The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.
Exelon said the proposed 15% minimum corporate income tax in the Democrats’ energy and climate bill could impinge its cash flow, slow infrastructure investment.
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.
Constellation NewEnergy has agreed to pay $4.7 million in penalties for violating CAISO tariff provisions related to imports intended for resource adequacy.
Six IPPs and electric retailers announced a new organization to promote renewable energy and lobby states for greater customer choice.
Exelon’s Constellation will pay American Electric Power $252,701 to settle AEP’s complaint over MISO’s failure to collect transmission charges from a defunct LSE.
Exelon announced it has signed an agreement to purchase the retail business of bankrupt FirstEnergy Solutions for $140 million in cash.
FERC approved settlements concerning Constellation's reactive service payments and reducing Duke Energy's return on equity.
A key New York legislator called for the immediate implementation of nuclear subsidies, a day after Exelon threatened to close Nine Mile Point Unit 1.
Exelon (NYSE:EXC) said it will close its Nine Mile Point 1 nuclear plant next spring if New York has not guaranteed it a financial lifeline by September.
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