November 30, 2023

zero-emission credits (ZEC)

DOE Opens IIJA Nuclear Credit Program to Recently Closed Plants
A closed nuclear plant in Michigan could be eligible for federal funding to reopen under new guidelines for the 2nd round of the Civil Nuclear Credit Program.
PSEG Looks to Post-fossil Future
PSEG said during its Q4 earnings call that it's looking at further investment in offshore wind projects after completing the sale of its fossil units.
Va. Adopts Advanced Clean Cars Regulations for 2025 Models
The Virginia DEQ approved a measure to adopt standards that will reduce tailpipe emissions and set zero-emission vehicle sales requirements.
New Jersey Supreme Court Declines Nuclear Subsidy Appeal
New Jersey’s Supreme Court declined to certify an appeal challenging an appellate court ruling upholding subsidies for the state's nuclear plants.
Stakeholders Back PJM MOPR-Ex Replacement
PJM stakeholders voted overwhelmingly in support of the RTO’s proposal to eliminate a capacity market rule that undermined state decarbonization efforts.
State of Connecticut
New Eversource Rate Corrects Course on Conn.’s Dwindling Solar Program
Connecticut’s PURA directed Eversource Energy to offer interim rate riders to small businesses, which saw higher electric bills during the COVID-19 pandemic.
Biden’s Support for Nuclear ‘Too Late’ to Save Exelon Plants
Exelon’s Byron and Dresden nuclear plants depend on the Illinois legislature passing a comprehensive energy package, CEO Chris Crane said.
PSEG Finds Buyer for Solar Assets
PSEG announced it has entered into an agreement to sell its 467-MW Solar Source portfolio of 25 solar plants to Quattro Solar, an affiliate of LS Power.
NJ Nukes Awarded $300 Million in ZECs
The New Jersey Board of Public Utilities awarded annual subsidies totaling $300 million a year to the state’s three nuclear power plants.
NJ Rate Counsel Turns to State Supreme Court over Nuke Subsidies
New Jersey’s Division of Rate Counsel appealed to the Supreme Court the dismissal of its suit seeking to block the BPU's ZEC program for nuclear plants.

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