nuclear subsidies

A bitter dispute concerning subsidies for nuclear generation that has divided the power sector grew more intense over the past week as Connecticut, Ohio, and Pennsylvania advanced efforts to keep nuclear plants operating. At the same time, legal challenges to existing measures in Illinois and New York continued in two federal courts. In Connecticut, Gov. […]

PJM Interconnection’s independent market monitor is joining the pushback—spearheaded by a trade group and several generators that operate in competitive wholesale markets—against an Illinois law that props up financially distressed nuclear plants with subsidies. Monitoring Analytics on March 16 filed a motion with the U.S. District Court for the Northern District of Illinois to intervene […]

Several U.S. states have passed, or are mulling, programs that expand state aid to financially distressed nuclear reactors in a bid to keep them open for economic and environmental reasons. Generators that operate in competitive wholesale markets are perturbed by these measures, which they say amount to nuclear “bailouts.” —Sonal Patel, associate editor (@POWERmagazine, @sonalcpatel) […]

A group of power companies have filed a federal lawsuit against the State of Illinois, challenging a recently enacted law that creates subsidies for Exelon’s uneconomic nuclear power plants. The plaintiffs in the lawsuit filed on February 14 in the Northern District of Illinois are the Electric Power Supply Association (EPSA), Dynegy, Eastern Generation, NRG […]

Non-utility generators urge FERC to overturn state actions in New York and Illinois that the generators claim distort FERC’s wholesale electricity markets.