zero-emission credits (ZEC)
Three nuclear plants facing early retirements in Pennsylvania and Ohio would keep consumer costs lower if they stay online, PJM concluded.
Carbon pricing dominated the discussions about the future of PJM's wholesale markets during a roundtable hosted by Raab Associates in Philadelphia.
Panelists at GCPA's annual Spring Conference discussed the challenges of revising RTO market design to accommodate many different state energy policies.
The New Jersey Board of Public Utilities approved zero-emission credits totaling $300 million for the Hope Creek and Salem nuclear plants.
The U.S. Supreme Court declined to hear challenges to Illinois’ and New York’s nuclear subsidies, leaving standing appellate court rulings.
Unsound rules for calculating default market seller offer caps and other persistent structural flaws made PJM’s capacity market uncompetitive in 2018, the RTO’s Monitor said.
Merchant generators’ Hail Mary pass for a U.S. Supreme Court review of Illinois and New York nuclear subsidies has won support from PJM’s Independent Market Monitor and others.
Pennsylvania lawmakers may create a new tier within the state’s alternative energy program for nuclear power, according to a draft proposal leaked Monday.
Pennsylvania lawmakers must approve nuclear subsidies by May to prevent the retirement of Three Mile Island Unit 1, Exelon CEO Chris Crane said.
Memos supporting a plan to save Pennsylvania’s nuclear reactors began circulating through the state legislature as the window to prevent closures dwindles.
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