Exelon
Entergy said it is sticking to its plan to close the FitzPatrick nuclear generating station.
Having achieved a settlement with the mayor, Exelon and Pepco tried to persuade the D.C. Public Service Commission that their merger is now in the public interest.
FERC was particularly interested in learning how PJM reclassifies supplemental projects as baseline projects in its RTEP.
Critics of Exelon’s proposed acquisition of Pepco Wednesday questioned the timing of a $25 million naming rights deal that D.C. Mayor Muriel Bowser finalized days before dropping her opposition to the merger.
Exelon's proposed acquisition of Pepco Holdings has been re-energized by D.C. regulators, who agreed to reopen the case and denied intervenor status to a group that wants to buy Pepco's district assets.
The D.C. PSC voted to reopen the Exelon-Pepco merger to consider a proposed settlement with Mayor Muriel Bowser’s administration, with closing briefs due Dec. 18.
With the D.C. PSC poised to decide Wednesday on a timeline to consider the revised terms in Exelon’s bid for Pepco, opponents spoke out Monday about why they still think the merger is a bad deal for the district.
The Members Committee overwhelmingly agreed last week to fund a $450,000 budget for the Consumer Advocates of the PJM States (CAPS), in part through an assessment on electric customers.
NSTAR Electric had challenged the sale of five power plants in the Boston area worth about 2,654 MW from various entities to Constellation for $1.1 billion.
Parties opposed to the Exelon-Pepco merger told the D.C. Public Service Commission that it should not reopen the record to consider the new settlement between Mayor Muriel Bowser's administration and the companies.
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