Constellation Energy
Sixteen entities have committed to participating in the Western Resource Adequacy Program’s first financially “binding” season covering winter 2027/28, the Western Power Pool said.
A relatively small project aiming to increase gas pipeline capacity into New England is raising larger underlying questions about how the region will balance gas reliability and affordability with longer-term efforts to transition away from natural gas.
PJM has withdrawn its non-capacity backed load proposal, shifting the focus of its solution for rising large load additions to creating a parallel resource interconnection queue and reworking price-responsive demand.
A new report estimates keeping New York’s aging commercial nuclear reactors running through 2050 would result in $50 billion in energy savings.
FERC approved PJM’s proposal for allocating the costs for Constellation Energy to continue operating its Eddystone Generating Station near Philadelphia under an emergency order by the U.S. Department of Energy.
A Grid Strategies report concludes that if the Department of Energy continues to supersede retirement decisions for fossil-fueled power plants, it could cost consumers an extra $3 billion annually in a little more than three years.
Constellation Energy said it is riding high on policy and market support for nuclear energy as it announced its second-quarter results.
The Department of Public Service proposes the state extend its subsidy program for its commercial nuclear facilities from 2029 to 2049 to help ensure the operators of America’s two oldest reactors seeks to relicense them.
FERC approved Constellation's purchase of Calpine, which will create an even bigger IPP with nearly 60 GW around the country, with the biggest share of that in PJM.
New technology and energy facilities are planned for Pennsylvania at a cost of more than $90 billion, including multiple power plants and data centers, possibly co-located.
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