Quad Cities nuclear plant
A federal judge dismissed challenges to Illinois’ zero-emission credit program, saying the plaintiffs lacked standing.
Illinois legislators on Thursday approved a bill to keep the Exelon Clinton and Quad Cities nuclear power plants operating for another decade.
Illinois officials moved closer to a deal to save the Exelon Clinton and Quad Cities nuclear power plants following an agreement with the governor.
The PJM Planning Committee and Transmission Expansion Advisory Committee (TEAC) considered the loss of the Quad Cities nuclear plant and discussed Order 1000 rules, $1.1 billion in end-of-life projects for PSE&G and the third RTEP window of the year.
Exelon (NYSE:EXC) said it will close its Clinton and Quad Cities nuclear plants after the Illinois legislature failed to provide them financial relief.
The Illinois legislature adjourned Tuesday without acting on a bill that Exelon (NYSE:EXC) says it needs to save the Clinton and Quad Cities nuclear plants.
Exelon said it will close Clinton next summer and Quad Cities the following year if Illinois legislators fail to pass a bill to shore up the nuclear plants.
Capacity Performance resources cleared at $151.50/MW-day in the transition auction for the 2017/18 delivery year, PJM said Wednesday.
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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