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The early impacts of PJM's first capacity auction in three years began to emerge Thursday as Exelon reiterated plans to retire two of its nuclear plants.
By Suzanne Herel and Rich Heidorn Jr. VALLEY FORGE, Pa. — Capacity Performance resources cleared at $151.50/MW-day in the transition auction for the 2017/18 delivery year, PJM said Wednesday, calling the results “demonstrably competitive” at nearly $60/MW-day below the RTO’s price cap. The results meant at least a temporary reprieve...
Capacity Revenues Jump Despite Nukes’ Failure to Clear Auction
Jun 3, 2014
By Rich Heidorn Jr. and Ted Caddell Exelon shareholders shed no tears last week over the news that five of the company’s nuclear units failed to clear PJM’s base residual auction. In fact, analysts say the company will earn almost $150 million more in capacity revenue from planning year 2017/18...
DuPont Activates Solar Facility DuPont started up a 548-kW solar installation on a former Superfund landfill site in Newport. The project, developed by Tangent Energy Solutions and owned by Greenwood Energy, had its solar panels supplied by DuPont Apollo, a DuPont subsidiary. More: DuPont ILLINOIS Midwest Gen Coal Ash Suit...