Oldest operating nuclear plant in country to retire Monday The oldest operating nuclear plant in the nation is set to retire on Monday. The Oyster Creek Nuclear Generating Station, which is 50 miles east of Philadelphia, will stop producing electricity shy of 50 years of production. According to a release for the U.S. Energy Information … Continue reading Oldest operating nuclear plant in country to retire Monday→
Your electric bill keeps rising, and the power market’s leading referee now is calling foul A bombshell analysis by the market monitor for the multi-state region, including the Chicago area, found that the rules governing power generators weren’t strong enough to prevent a “non-competitive” result in a crucial electricity auction in May. Chicagoans will pay … Continue reading Your electric bill keeps rising, and the power market’s leading referee now is calling foul→
Exelon Corp. proposes shipping nuclear waste by road through Port Huron Route is under review by NRC Federal officials are considering approving a highway shipping route for high-level nuclear waste between the LaSalle nuclear reactors in Illinois and the city of Port Huron — and environmental groups are concerned. Owned by the Exelon Corp., LaSalle’s … Continue reading Exelon Corp. proposes shipping nuclear waste by road through Port Huron→
We’ve already bailed out Three Mile Island twice. The third time isn’t a charm It wasn’t that long ago that Pennsylvania policymakers proclaimed that the market is best suited to determine which energy technologies should move Pennsylvania forward. Remember when nuclear power generators embraced the marketplace and were betrothed to electric deregulation after they received … Continue reading We’ve already bailed out #Three_Mile-Island twice. The third time isn’t a charm→
Exelon CEO endorses nuke bailout, punts on leaked DOE memo The CEO of the largest U.S. nuclear operator on Wednesday urged the federal government to take urgent action to halt the retirement of nuclear power plants, but stopped short of endorsing the framework for emergency action outlined in a Department of Energy memo leaked last … Continue reading Exelon CEO endorses nuke bailout, punts on leaked DOE memo→
Exelon to Push for Laws, Rules to Boost Profitability Exelon’s plans for its generation subsidiary rely heavily on a push for new legislation and market rule changes that ensure profitability for plants the company is threatening to close, officials said last week. During a first-quarter earnings call last week, CEO Chris Crane said Exelon plans … Continue reading Exelon to Push for Laws, Rules to Boost Profitability→
ISO-NE seeks US FERC permission to keep Exelon units online for fuel security In an apparent first, the New England grid operator has asked federal regulators for permission to pursue a reliability must-run agreement to keep two retiring units of Exelon’s Mystic Generating Station in Middlesex, Massachusetts, online to address reliability risks related to “fuel … Continue reading ISO-NE seeks US FERC permission to keep Exelon units online for fuel security→
Constellation gets new CEO as Exelon shakes up C-suite Exelon Corp. made some dramatic changes to its leadership team on Tuesday, including a switch at the top of its Baltimore-based energy products and services company, Constellation. Constellation CEO Joseph Nigro stepped down from his role, effective Tuesday, to take the chief financial officer job at … Continue reading Constellation gets new CEO as Exelon shakes up C-suite→