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July 23, 2024

Exelon

Gov. Signs NJ Nuke Subsidy, Renewables Bills
New Jersey Gov. Phil Murphy signed legislation to subsidize the state’s nuclear generating fleet and boost renewable generation including solar, storage and offshore wind.
Exelon to Push for Laws, Rules to Boost Profitability
Exelon’s plans for its generation subsidiary rely heavily on a push for new legislation and market rule changes that ensure profitability for its plants.
BHI Energy
PJM: Won’t Abandon AI Project on Nuke Closure Threats
PJM won’t abandon the Artificial Island transmission project because of threats to close the two nuclear plants it’s intended to support, the RTO said.
ISO-NE Moves to Keep Exelon’s Mystic Running
Citing reliability concerns, ISO-NE will ask FERC for a Tariff waiver to allow Exelon's 1,998-MW Mystic Generating Station to continue running.
Mystic Closure Notice Leaves Room for Reversal
Exelon filed with ISO-NE to retire the Mystic generating station, but the company said it “may reconsider” the decision if the RTO can reform its markets.
BHI Energy
Del. Group Seeks to Block Artificial Island Project
A Delaware demand-side group has asked the PJM Board of Managers to again suspend the Artificial Island transmission project.
PSEG Head Confident Nukes Will Get Support
PSEG CEO Ralph Izzo expressed confidence that the company’s five nuclear power plants will receive subsidies through New Jersey legislation.
Exelon Confident in Nuclear Support Programs
Exelon executives expressed confidence during a fourth-quarter earnings call that other states will adopt zero-emission credit (ZEC) programs this year.
DC-Circuit
DC Circuit Orders FERC to Review ISO-NE Auction Orders
The D.C. Circuit Court of Appeals ruled that FERC failed to adequately explain why it approved capacity market rules for ISO-NE.
Florida Power & Light
NextEra Suit Accuses Nuclear Trade Group of ‘Extortion’
NextEra Energy accused the Nuclear Energy Institute of “extortion,” saying it was spitefully denying the company access to a database used to screen workers.

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