state
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Legal & Regulatory
FERC Nixes PJM’s Fixes for Capacity Market Besieged by Subsidized Resources
In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The June 29 order sharply divided the commission, prompting Democrat Commissioners Cheryl LaFleur […]
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Nuclear
State Has No Authority to Shutter Vermont Yankee Reactor, Federal Court Rules
The state of Vermont cannot force Entergy to shutter the Vermont Yankee nuclear power plant, the U.S. Court of Appeals for the Second Circuit ruled on Tuesday. The federal appeals court partially upheld a prior lower court decision stemming from a lawsuit filed by Entergy Corp., the owner of Vermont’s only reactor. In his January […]