low gas prices
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NuclearTwo Exelon Nuclear Plants Fail to Clear PJM Auction
Exelon’s Quad Cities and Three Mile Island nuclear plants have failed to clear the PJM capacity auction for the 2019–2020 planning year, and the future looks grim for at least one of those plants. The Chicago-headquartered company on May 25 confirmed that the two plants would not receive capacity revenue for the period. It also […]
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NuclearNuclear Rescue Initiative Launched to Slash Operating Costs, Improve Economic Viability
Shaken financially by low natural gas prices and subsidized renewables, the nuclear industry has launched a new initiative to reduce nuclear power plant operating costs to make them more economically viable. Industry group the Nuclear Energy Institute (NEI) said on Dec. 8 it is coordinating a multifaceted effort in tandem with member utilities, the Institute […]