FirstEnergy Can Safely Retire 4 GW of Fossil Fuel Generation, Per PJM

By [email protected] Grid operator PJM said Monday it completed a reliability study of FirstEnergy Solutions Corp. coal and diesel plants headed for closure, and found that the loss of 4,017 megawatts would not disrupt service. In April, PJM confirmed that FirstEnergy could also close about 4 gigawatts of nuclear capacity without affecting reliability, bringing total retirements to 8 gigawatts of capacity.

When FirstEnergy notified PJM in August of its plans to close the plants, the company said the decision was “due to a market environment that fails to adequately compensate generators for the resiliency and fuel-security attributes that the plants provide.”

According to PJM,

Read Full Article Here

For more great articles: Greentech Media: Headlines

(Visited 3 times, 1 visits today)



© 2014 RenewaNews