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October 19, 2010
Constellation Energy has protested the Seams Elimination Charge Adjustment compliance filing (ER10-2283 et. al.) of the PJM transmission owners due to establishment in the compliance filing of SECA sub-zones in the AEP-East zone for "Wolfhills" and "Bristol, Wolfhills" that, "neither appear to have…
October 19, 2010
Constellation NewEnergy has enrolled more than 10,000 New Jersey residential electric customers at Public Service Electric & Gas and Jersey Central Power & Light since launching service in the territories in September ( Matters, 8/27/10 ).
October 18, 2010
Constellation Energy has offered to sell its 50% stake in UniStar to EDF for $1, but refused to link the sale to Constellation waiving its ability to exercise a put option which would require EDF to purchase a dozen Constellation plants for $2 billion.
October 14, 2010
EDF has offered to buy Constellation Energy's 50% share of nuclear venture UniStar at "fair market value," but only if Constellation does not exercise a put option that would compel EDF to buy a dozen plants from Constellation for $2 billion. Most of the plants are coal-fired.
October 11, 2010
Viridian Seeks to Expand Pa. Electric License
October 11, 2010
Constellation Energy on October 8 informed the U.S. Department of Energy that it cannot move forward with the loan guarantee process regarding UniStar Nuclear Energy's Calvert Cliffs 3 loan guarantee application because, "the proposed terms and conditions are unworkable."
September 30, 2010
An initial decision from a FERC ALJ finds that, "[d]espite being afforded every possible opportunity to prove their case - by the Commission as well as the presiding judge - and despite being granted extraordinary latitude to secure the evidence they insisted would demonstrate that respondents…
