Although electric utilities will see their tax rate fall from 35% to 21% under the Tax Cut and Jobs Act, few are making plans to spend their savings.

Exelon and PSEG will have to wait until the next session of the New Jersey Legislature for a vote on a bill to provide payments to the state’s nuclear fleet.

Defenders of the Illinois nuclear subsidy program faced harsh questioning from a judge skeptical that it avoids federal pre-emption concerns.

PJM’s Independent Market Monitor faced a barrage of questions at the final stakeholder evaluation of its MOPR-Ex capacity market proposal.

PSEG and Exelon would receive hundreds of millions in subsidies under legislation introduced in the New Jersey Senate.

PSEG CEO Ralph Izzo asked New Jersey legislators to approve subsidies for the company’s three in-state nuclear power plants.

The Top 30 saw improved profits in Q3 over 2016, but revenues fell, and more than half of the companies saw their top and bottom lines shrink.

Exelon will relinquish four Texas natural gas plants and pay $60 million to keep a fifth plant as part of its ExGen Texas Power subsidiary's bankruptcy.

The CEOs of Exelon, PSEG and Dominion praised proposed price supports for nuclear and coal generators during their third-quarter earnings calls.

The PJM Independent Market Monitor and other critics say the alternative the RTO proposed to the DOE NOPR would also be expensive and undermine the markets.