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July 3, 2024

Constellation Energy

PJM
PJM Market Implementation Committee Briefs: Aug. 10, 2022
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.
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Exelon, PPL Differ on Impact of 15% Corporate Minimum Tax
Exelon said the proposed 15% minimum corporate income tax in the Democrats’ energy and climate bill could impinge its cash flow, slow infrastructure investment.
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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Constellation Hit with $4.7M Penalty for Violating CAISO RA Rules
Constellation NewEnergy has agreed to pay $4.7 million in penalties for violating CAISO tariff provisions related to imports intended for resource adequacy.
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Coalition Forms for Consumer Choice in Retail Energy Markets
Six IPPs and electric retailers announced a new organization to promote renewable energy and lobby states for greater customer choice.
Constellation to Pay AEP $253K in Tx Fee Dispute
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.
Constellation
UPDATED: Exelon Bids $140M for FirstEnergy’s Retail Business
Exelon announced it has signed an agreement to purchase the retail business of bankrupt FirstEnergy Solutions for $140 million in cash.
FERC OKs Duke, Constellation Settlements
FERC approved settlements concerning Constellation's reactive service payments and reducing Duke Energy's return on equity.
NY Senate Energy Head: Begin Nuclear Subsidy Immediately
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 Threatens to Close Nine Mile Point 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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