EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

Read more

DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

Read more

Industry News

Entergy to Close FitzPatrick Nuclear Station in New York

LCG, November 5, 2015--Entergy Corporation Monday announced that it will close the James A. FitzPatrick Nuclear Power Plant in New York. Entergy stated that the decision is driven by reduced revenues cause by low natural gas prices and a market design in New York that does not adequately compensate nuclear power generation for the benefits provided. Entergy reported to the operator of the electric grid, the New York Independent System Operator (NYISO), and to the New York State Public Service Commission that it will retire the plant at the end of the current fuel cycle, which is expected to occur in late 2016 or early 2017.

The James A. FitzPatrick Nuclear Power Plant is an 838-MW electric generating station with over 600 employees. The carbon-free facility is located in Oswego County and began commercial operations in 1975. In 2008 the Nuclear Regulatory Commission (NRC) extended the operating license for the facility to October 17, 2034.

Entergy's chairman and chief executive officer stated, "Given the financial challenges our merchant power plants face from sustained wholesale power price declines and other unfavorable market conditions, we have been assessing each asset. As part of this review, we previously announced the closure of the Pilgrim Nuclear Generating Station in Massachusetts and have now decided that despite good operational performance, market conditions require us to also close the FitzPatrick nuclear plant."

Entergy stated that its estimates of current and forecast power prices have fallen by about $10 per megawatt-hour, which equates to a projected annual loss of more than $60 million in revenues for FitzPatrick. Moreover, the plant owner receives no compensation for providing carbon-free electricity from a highly reliable facility, with on-site fuel storage.

Over the past two months, Entergy and New York State officials were unable to resolve the problem and achieve an agreeable solution.

The Governor of New York stated, "The closing of the James A. FitzPatrick Nuclear Power Plant will devastate the lives of the more than 600 employees and their families. Good corporate citizenship must appreciate that there are many factors that count as the 'bottom line.' The State of New York will pursue every legal and regulatory avenue in an attempt to stop Entergy's actions and its callous disregard for their skilled and loyal workforce."

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service