PJM board okays plan to ease concerns with MOPR ruling

July 14, 2021, 6:59AMNuclear News
Map of the PJM Interconnection territory in dark blue. Image: PJM

PJM Interconnection’s board of managers has approved the grid operator’s proposal to address the Federal Energy Regulatory Commission’s controversial December 2019 minimum offer price rule (MOPR) order affecting PJM’s forward-looking capacity auctions. (PJM operates the largest wholesale competitive electricity market in the country.)

Exelon files to deactivate the Byron reactors

June 18, 2021, 12:06PMUpdated June 18, 2021, 4:50PMNuclear News
The Byron nuclear power plant.

Exelon on June 16 filed with grid operator PJM Interconnection to deactivate the two Byron reactors in Illinois. The move came one day after the Illinois Senate adjourned without reaching an agreement on a comprehensive energy package that would have provided nearly $700 million to keep Byron’s reactors, as well as Exelon’s Dresden and Braidwood nuclear power plants, in operation. (In August of 2020, Exelon announced that it would close the economically challenged Byron and Dresden facilities in the fall of 2021 without some form of state aid to provide compensation for their clean power.) The state’s House of Representatives also adjourned earlier this week without taking up the bill.

Byron, Dresden, Quad Cities fail to clear in PJM capacity auction

June 8, 2021, 3:00PMNuclear News
Byron nuclear power plant

Three Illinois nuclear power plants—Byron, Dresden, and Quad Cities—did not clear in last week’s long-delayed PJM Interconnection capacity auction, Exelon Generation reported in a filing with the Securities and Exchange Commission.

The news is likely to further pressure the Illinois General Assembly to pass a comprehensive energy package—one with subsidies for the state’s financially ailing nuclear plants—before Exelon moves forward with its plan, announced last August, to prematurely retire Byron and Dresden.

Glick chosen to head FERC

January 21, 2021, 12:00PMNuclear News

Glick

This morning, on his first full day in office, President Joe Biden appointed Richard Glick chairman of the Federal Energy Regulatory Commission. Glick joined FERC as a commissioner in late 2017, having been picked for the job by President Trump in August of that year. His term ends June 30, 2022.

“I'm honored President Joe Biden has selected me to be @FERC Chairman, thank you Mr. @POTUS,” Glick tweeted. “This is an important moment to make significant progress on the transition to a clean energy future. I look forward to working with my colleagues to tackle the many challenges ahead!”

Special committee holds first hearing on H.B. 6

September 14, 2020, 3:01PMNuclear News

Some two weeks after its creation, the Ohio House Select Committee on Energy Policy and Oversight held its first hearing on September 10 to consider a potential repeal of the Ohio Clean Air Program Act (H.B. 6).

H.B. 6 is the sweeping energy law that includes subsidies for the state’s two nuclear power plants, Davis-Besse and Perry, and that is currently at the center of an alleged $61-million corruption scheme aimed at guaranteeing its passage.

Newly elected Ohio House Speaker Bob Cupp (R., Dist. 4)—who replaced Rep. Larry Householder (R., Dist. 72) as speaker following the latter’s July 21 arrest as the scheme’s alleged ringleader—announced the committee’s creation in late August. Cupp stated that its goal is “repealing House Bill 6 and replacing it with thoughtful legislation Ohioans can have confidence in.”

The committee’s initial hearing, however, focused only on efforts to immediately repeal the measure. Proponents of two repeal bills—one backed by Republicans (H.B. 746) and one by Democrats (H.B. 738)—argued their positions, with some displaying greater rhetorical gifts than others.

Exelon to close Byron and Dresden plants in 2021

August 27, 2020, 1:56PMNuclear News

Exelon Generation, operator of the largest nuclear reactor fleet in the United States, intends to downsize that fleet next year by retiring its Byron and Dresden plants. In an announcement released early this morning, Exelon said that the two-unit Byron, located near Byron, Ill., would be permanently closed in September 2021, followed in November by the two-unit Dresden, located in Morris, Ill.

Byron is licensed to operate for another 20 years; Dresden, a much older facility, is licensed for another decade.