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The Department of Energy will reportedly review how policies supporting wind and solar energy are pushing the early retirement of coal and nuclear generators.
The ISO's proposal is meant to allow the entry of significant subsidized resources into the market while preserving price formation for unsubsidized plants.
If the nuclear developer cannot pay its bills, it may be unable to complete construction of the Vogtle and Summer plants, already years behind schedule.
Media reports indicate NextEra Energy is pursuing a settlement that would allow them to buy Oncor Electric Delivery after Texas regulators rejected its bid last week.
Cheap natural gas and generation subsidies have exposed vulnerabilities in capacity and energy-only market constructs. Can grid operators preserve reliability and maintain fair prices for consumers and generators alike?
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