New York
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Legal & Regulatory
N.Y. Approves Nuclear Subsidies and Mandates 50% Renewables by 2030
The New York State Public Service Commission (PSC) approved New York’s Clean Energy Standard on August 1, likely saving three upstate nuclear power plants, while requiring 50% of the state’s electricity to come from renewable energy sources by 2030. Gov. Andrew Cuomo (D) praised the action in a statement following the announcement. “New York has […]
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Press Releases
Fortistar Acquires Castleton Power Plant in New York
Gas-fired Combined Cycle Power Plant is the Third in the State Owned by the Firm WHITE PLAINS, N.Y.–(BUSINESS WIRE)–Fortistar announced today that it has closed on its purchase of Castleton Power, LLC, a 72 megawatt (MW) gas-fired combined cycle power plant located in Castleton-on-Hudson, NY. The General Electric (GE) Frame 6 turbine power plant dispatches […]
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Nuclear
Entergy Considering Sale of FitzPatrick Nuclear Plant to Exelon
Entergy Corp. announced on July 13 that it is in discussions with Exelon Corp. concerning the potential sale of the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y. The news comes following the release of the New York Department of Public Service’s proposal to subsidize zero-emissions attributes of upstate nuclear power plants, including FitzPatrick […]
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Nuclear
Subsidies Proposed for New York’s Upstate Nuclear Power Plants
The New York Department of Public Service has proposed subsidizing zero-emissions attributes from zero-carbon electric generating stations, namely nuclear power plants, in order to encourage the preservation of the facilities. In an 11-page document titled “Staff’s Responsive Proposal for Preserving Zero-Emissions Attributes,” a formula that starts with published estimates of the social cost of carbon […]
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Nuclear
NYISO Warns of Power Capacity Gap When Ginna, FitzPatrick Nuclear Plants Are Closed
Closure of Exelon’s 614-MW R.E. Ginna and Entergy’s 882-MW James A. FitzPatrick nuclear plants will leave New York with a statewide power deficiency starting in 2019, the New York Independent System Operator (NYISO) has concluded. A generator deactivation assessment issued on February 11 that is focused on reliability impacts stemming from the deactivation of the FitzPatrick […]
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Nuclear
Entergy: State-Proposed Forced Nuclear Outages at Indian Point are Unnecessary
Forced outages at Entergy’s two Indian Point nuclear units proposed by the New York Department of Environmental Conservation (DEC) to protect fish are “unnecessary” and a “terrible idea,” a company official testified at a public hearing on Tuesday. The DEC has proposed Entergy shutter the two units for at least 42 outage days every summer […]