Exelon
Exelon said they will press PJM to enact changes boosting off-peak prices and are confident nuclear plants in New York and Illinois will survive challenges.
A federal judge dismissed challenges to Illinois’ zero-emission credit program, saying the plaintiffs lacked standing.
Illinois and New York state officials filed briefs citing a recent 2nd Circuit decision in defense of their zero-emission credits for nuclear plants.
MACRUC attendees heard strikingly different prescriptions for how to fix the wholesale energy markets from the CEOs of New Jersey utility PSEG and Dynegy.
Following FERC’s technical conference on tensions between wholesale electric markets and policy initiatives, the commission invited comments on five paths.
Efforts to incorporate New York’s aggressive climate change policies into NYISO markets are focused on the introduction of a carbon price adder.
In response to a request for comments on paths to reconciling policies and wholesale markets, PJM officials told FERC they are pursuing three initiatives.
Most of the $280-million bill for the PJM Artificial Island project would shift from DE to NJ and PA under alternative cost allocations released Friday.
Exelon announced that it will retire Three Mile Island Unit 1 in September 2019 “absent needed policy reforms.”
More than two-thirds of companies in the RTO Insider Top 30 posted year-over-year revenue and net income increases in the first quarter.
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