New York Commission Approves Transfer of Entergy’s Nuclear Plants

New York Commission Approves Transfer of Entergy’s Nuclear Plants

The New York State Public Service Commission has approved an agreement allowing the corporate transfer of four upstate nuclear power plants from their parent company Exelon Corporation, to a newly formed, independent parent entity. The deal provides $331 million in financial support for the state’s nuclear facilities and includes protections regarding decommissioning and enhanced state…...

California Adopts New Standard Contracts for Small Generators Under Federal Power Purchase Law

U.S. Interior Department Approves 1,000 Megawatts of Solar Projects in California

The U.S. Interior Department on Dec.21 announced it has approved two solar projects, with a third one nearing completion on public lands in Riverside County, California. The three projects are projected to generate 1,000 megawatts of renewable energy and are the first to be approved under the Desert Renewable Energy Conservation Plan (DRECP) in the…...