retirement

WEC Energy Group continues to move away from coal-fired power in its portfolio. The Milwaukee, Wisconsin-based utility in November gave WEC investors more details about the plan for Wisconsin Public Service (WPS), a WEC subsidiary, to close the Pulliam Power Plant in Green Bay, Wisconsin, as early as next fall. WEC subsidiary We Energies last […]

The once seemingly insurmountable technical challenges of dismantling a commercial nuclear plant have been largely eliminated through experience. Decommissioning processes have been standardized and optimized

Entergy Corp. and the state of New York have reached an agreement that will see the Indian Point nuclear power plant retired by 2021. “Key considerations in our decision to shut down Indian Point ahead of schedule include sustained low current and projected wholesale energy prices that have reduced revenues, as well as increased operating […]

Entergy Corp. has decided to permanently close the Palisades nuclear power plant on October 1, 2018. The news comes as a bit of a surprise, because Entergy had a power purchase agreement with Consumers Energy—Michigan’s largest utility and the principal subsidiary of CMS Energy—which committed the company to buying nearly all of the power generated […]

Idaho Power—co-owner with NV Energy of the two-unit 522-MW North Valmy Generating Station near Battle Mountain, Nevada—filed a request with the Idaho Public Utilities Commission (IPUC) last week seeking to accelerate the depreciable life of the power plant from 2031 for Unit 1 and 2035 for Unit 2 to 2025 for both units. In Idaho […]

After more than 43 years of service, the Fort Calhoun Station—a single-unit 478-MW nuclear power plant, which was the smallest operating reactor in the U.S. fleet—came offline for the final time at 12:55 p.m. CDT on October 24, 2016. Some said the mood at the plant was subdued, but professional. Many workers and other plant […]

Deciding to retire a coal-fired unit is often a tough call, but even tougher decisions follow. The next steps taken by a generation owner have multiple economic, environmental, and stakeholder consequences. Since 2000, U.S. generating companies (Gencos) have announced the closure of more than 200 coal-fired power plants, totaling 102 GW of generating capacity. Closures […]

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 […]

Florida Light and Power (FPL) wants to buy and phase out another coal-fired power plant in Florida, a move it says will save its customers an estimated $129 million when new gas-fired infrastructure is built in the state. The NextEra subsidiary on June 20 filed a petition for the Florida Public Service Commission’s (PSC’s) approval […]

The Omaha Public Power District (OPPD) board of directors voted unanimously on June 16 to close Fort Calhoun Station, the smallest nuclear power plant in the U.S., due to economic reasons. In April, OPPD Board Chairman Mick Mines asked senior management to develop potential scenarios regarding future power resources. Tim Burke, president and CEO of […]