Recent developments for Exelon Illinois nuclear plants RSS Feed

Thu Jul 30, 2015 2:59pm EDT
Two power plants at risk of being shut in the absence of regulatory changes may remain open as the PJM grid, which stretches from New Jersey to Illinois, changes the way it runs capacity power auctions.

Under the new so-called capacity performance requirement generators can receive higher fees to keep their plants available but face stiff penalties if their units don’t deliver power when needed during system emergencies.

Read the full article at Reuters.