Oyster Creek
The company that plans to restart the Palisades nuclear facility in Michigan is pushing to build four 300-MW small modular reactors on the site of the decommissioned Oyster Creek Generating Station in New Jersey.
Facing a projected energy shortfall, New Jersey is evaluating whether it is feasible to build an additional nuclear generation plant to add to the three that provide about 40% of the state's electricity.
News briefs on companies in PJM Interconnection this week, including Dominion, Exelon, Public Service Electric & Gas and Southern.
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.
News briefs on companies in PJM Interconnection. This week featuring Duke Energy, AEP, Exelon and PPL.
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