Exelon
PSEG CEO Ralph Izzo expressed confidence that the company’s five nuclear power plants will receive subsidies through New Jersey legislation.
Exelon executives expressed confidence during a fourth-quarter earnings call that other states will adopt zero-emission credit (ZEC) programs this year.
NextEra Energy accused the Nuclear Energy Institute of “extortion,” saying it was spitefully denying the company access to a database used to screen workers.
The D.C. Circuit Court of Appeals ruled that FERC failed to adequately explain why it approved capacity market rules for ISO-NE.
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.
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