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.
The wholesale prices of natural gas and electricity jumped 32 percent and 37 percent in November, respectively, compared to a year ago, according to grid operator ISO New England.
One of the non-fiscal elements of the tentative budget deal calls for the House Democratic leadership to allow a vote on a bill designed to improve the profitability of Connecticut's last nuclear power plant, Millstone, the subject of an epic lobbying campaign by its owner, Dominion Energy.
A lobbying group of power plant owners continues its assault on Millstone Power Station, which has asked lawmakers to let it compete in state-led competitions for power contracts with utilities.
Last month, groups around the country participated in National Infrastructure Week, a bipartisan effort to focus attention on the need to invest in essential infrastructure assets.
Q&A talks to Gordon van Welie, president and CEO of ISO New England Inc., which operates the six-state New England power system and oversees the region's wholesale electricity marketplace.
At a recent energy forum hosted by The New England Council, Gordon van Welie, CEO of ISO New England — our region's power grid operator — described New England's electric reliability this coming winter as “precarious.”