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As #Ohio Senate nears vote on nuke subsidy bill, PJM finds closing plants could save $1.6B

As Ohio Senate nears vote on nuke subsidy bill, PJM finds closing plants could save $1.6B The Pennsylvania Public Utility Commission and Ohio Consumers’ Counsel requested the PJM report to illustrate the impacts of nuclear plant retirements on both market prices and emissions. The focus was on giving the utilities and energy commission “unbiased data … Continue reading As #Ohio Senate nears vote on nuke subsidy bill, PJM finds closing plants could save $1.6B

AS DECISION ON NUCLEAR SUBSIDIES NEARS, WHERE IS CONSULTANT’S REPORT?

AS DECISION ON NUCLEAR SUBSIDIES NEARS, WHERE IS CONSULTANT’S REPORT? Consumer, environmental, and industry groups want to know why an independent report commissioned by the BPU has yet to be seen by the public With a decision seemingly imminent, several groups yesterday urged a consultant’s report be made public on whether three nuclear plants in … Continue reading AS DECISION ON NUCLEAR SUBSIDIES NEARS, WHERE IS CONSULTANT’S REPORT?

PJM won’t delay capacity market order despite FERC impasse over rule changes

PJM won’t delay capacity market order despite FERC impasse over rule changes PJM’s decision to move forward with its capacity market auction this August reflects an extended impasse at FERC over how to handle renewable energy and nuclear subsidies put in place by states. Last June, FERC threw out PJM’s current rules because they allow … Continue reading PJM won’t delay capacity market order despite FERC impasse over rule changes

#Calpine sells 2 gas-fired plants to #Starwood_Energy

Calpine sells 2 gas-fired plants to Starwood Energy Starwood officials say the deal with Calpine is “unqiue,” allowing the company to grow its gas generation portfolio while at the same time maintaining a lower risk profile. The company said the two-plant portfolio is fully contracted with “various counterparties,” with a weighted average life of nearly … Continue reading #Calpine sells 2 gas-fired plants to #Starwood_Energy