ISO New England

Rising wholesale prices for energy sold in New England rose to a five-year high in 2018, regional grid operator ISO New England said.

The operator of Connecticut's largest power plant, Millstone Power Station, has failed to negotiate a long-term contract with the state's two utilities, and is now threatening to retire the nuclear facility if a deal is not struck by the end of next week.

Electric-grid operator ISO New England announced Wednesday evening that it has awarded a key contract to a proposed 650-megawatt power plant in Killingly.

The developer of a major power plant in Killingly has returned to the Connecticut Siting Council hoping for a project approval that has thus far eluded it.

A two-week cold snap in New England this winter caused the region's power plants to burn more than double the amount of oil it burned in all of 2016, according to ISO New England.

The Department of Energy and Environmental Protection has not yet been able to use its relatively new authority to procure natural gas capacity for Connecticut, but amid a push from environmental groups, it says it doesn't want to give up that power either.

Gov. Dannel P. Malloy and other New England governors showed foresight in 2013 when they called for upgrading and modernizing natural gas infrastructure throughout the region, in part to complement the growing use of intermittent solar and wind energy.

Waterford's Millstone Power Station on Monday notched another victory in its quest to secure long-term contracts to sell electricity to Connecticut's utilities.

The parent company of Millstone Power Station says United Illuminating's recent claim that the nuclear plant earned a profit windfall during an eight-day cold snap earlier this month is misleading.

Connecticut has some of the highest electricity rates in the nation, and in January they will increase even further.