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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

Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants

Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants Ohio lawmakers on April 12 announced a plan to provide financial support to the state’s two nuclear power plants by adding a surcharge to customers’ electric bills. The bill’s supporters said it also would generate as much as $300 million annually for clean power generation in Ohio, … Continue reading Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants

#Limerick power plant unit shut down for refueling

Limerick power-plant unit shut down for refueling Exelon Generation shut down Limerick Generating Station Unit 2 for refueling on Monday, officials said. Exelon plans to hire more than 1,500 additional workers as the nuclear power plant in Montgomery County is refueled for the next several months, according to a press release from the company. “Hundreds … Continue reading #Limerick power plant unit shut down for refueling

#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

Nuclear Power and #Pennsylvania ‘s Competition Act

Nuclear Power and Pennsylvania’s Competition Act Although it’s less well-known than the Alternative Energy Portfolio Standards Act of 2004 (AEPS), Pennsylvania’s 1996 Electricity Generation Customer Choice and Competition Act may be the state’s most important energy law. Legislators are currently focused on amending the AEPS to establish subsidies for nuclear power. But understanding the Competition … Continue reading Nuclear Power and #Pennsylvania ‘s Competition Act

Members Set One Last Forum for Reserve Pricing Compromise

Members Set One Last Forum for Reserve Pricing Compromise Correction: In the previous version of this story, the author of the fifth energy reserve pricing proposal was misidentified. It is Vistra Energy. PJM members on Thursday rejected five proposals to revise energy reserve pricing rules, but agreed to convene one last time before the February … Continue reading Members Set One Last Forum for Reserve Pricing Compromise