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Tag Archives: power prices

Core issues: NY considers aid for struggling nuclear plants

Core issues: NY considers aid for struggling nuclear plants

ALBANY, N.Y. (AP) — New York’s four nuclear plants, which generate more than a quarter of the state’s electricity, are going through turbulent times amid slumping power prices. And depending on how things play out, one or more could shut down entirely, affecting jobs, power reliability, electricity bills and carbon emissions. Though opposed by many environmentalists, New York’s nuclear plants ...

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AEP wants an answer, fast

There is no stopping American Electric Power Company Inc. (AEP) when it comes to its power purchase agreement. The Columbus, Ohio, based utility is asking regulators to make a decision by October 1st regarding its power purchase agreement so it can decide whether or not to sell its electric plants in Ohio.  The agreement will guarantee the financial stability of ...

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