Speakers at EUCI’s US-Canada Cross-Border Power Summit discussed the challenges of natural gas' rapid rise and displacement of other resources.

On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 due to cheap natural gas, FERC staff said in its State of the Markets report.

The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.

FERC approved the plan to keep the Ginna nuclear power plant operating but objected to elements that it said encroached on its jurisdiction.

Fourth-quarter profits of $99.6 million weren’t enough to offset Energy’s losses for the year, the company reported.

Six environmental groups have asked NRC for an immediate closure of the Indian Point nuclear plant in New York.

Marvin Fertel, CEO of the Nuclear Energy Institute, noted that eight reactors have closed or announced closings in the last three years.

Closure of the FitzPatrick nuclear plant will leave New York at least 325 MW short of its generation requirement by 2019, NYISO says.

Prices dropped 26% in ISO-NE’s 10th Forward Capacity Auction as new resources more than made up for retiring generation.

By William Opalka A special inspector for the Nuclear Regulatory Commission is expected to arrive at the Indian Point station Thursday to conduct an inquiry...