Exelon
Entergy and Exelon filed a petition with New York regulators Monday seeking approval of Exelon’s purchase of the James A. FitzPatrick nuclear plant.
The PJM Planning Committee and Transmission Expansion Advisory Committee (TEAC) considered the loss of the Quad Cities nuclear plant and discussed Order 1000 rules, $1.1 billion in end-of-life projects for PSE&G and the third RTEP window of the year.
Entergy reiterated that it does not intend to continue operating the troubled James A. FitzPatrick nuclear plant in upstate New York beyond January 2017.
The New York PSC unanimously approved its Clean Energy Standard, including a controversial plan to provide a nuclear subsidy for up to 12 years.
At the NARUC Summer Committee Meetings, stakeholders discussed public opposition to infrastructure development, the need for more utility workers and the Plains & Eastern Clean Line.
Exelon is buying the Consolidated Edison (Con Ed) retail energy business as it continues its efforts to hedge against falling wholesale power prices.
Entergy said it may sell its troubled James A. FitzPatrick nuclear plant to Exelon if New York legislators approve the proposed Clean Energy Standard.
More than 300 regulators, PJM officials and industry stakeholders attended MACRUC’s 21st Annual Education Conference.
Former PJM executive Mike Kormos has begun a job as Exelon’s (NYSE: EXC) president of wholesale markets and energy policy.
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.
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