Nuclear Power
Exelon’s year-long lobbying campaign has won bipartisan backing for a bill that would charge Illinois electricity users a fee to ensure continued operation of three nuclear generators that the company says are unprofitable.
A round-up of news from the PJM Transmission Expansion Advisory Committee (PJM TEAC) on Feb. 12, 2015.
The owner of the R.E. Ginna nuclear plant announced an agreement with Rochester Gas & Electric that will keep the plant operating for more than three years.
Negotiators trying to keep the Ginna nuclear power plant in New York financially viable have been given a three-week extension by state regulators.
Illinois legislative leaders haven’t decided on their next move following a report that offered options for aiding the finances of Exelon Nuclear's power plants.
Illinois officials last week offered a list of options for keeping Exelon’s nuclear plants running, including a carbon tax and a cap-and-trade program.
Entergy powered down the Vermont Yankee nuclear station for the final time last week, leaving ISO-NE even more dependent on natural gas.
Republicans threatened to blunt the Obama administration’s proposed carbon emissions rule after taking control of Congress in last week's elections.
Virginia State Corporation Commission staff wants Dominion Virginia Power to conduct a risk analysis comparing reliance on natural gas-fired generation and constructing a third unit at its North Anna nuclear plant.
Exelon shareholders shed no tears last week over the news that five of the company’s nuclear units failed to clear PJM’s capacity auction. Analysts say the company will earn almost $150 million more in capacity revenue than it would have if all of the company’s capacity had cleared.
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