Entergy pushes to get spinoff of reactors done
Under a plan announced in late 2007, Entergy would spin off six nuclear reactors involved in the wholesale power business into a separate publicly traded company called Enexus Energy Corp.
Enexus would control five nuclear operations: Pilgrim Nuclear Station near Plymouth, Mass.; the James A. Fitzpatrick station in Oswego County, N.Y.; two units at the Indian Point Energy Center in Westchester County, N.Y.; Vermont Yankee in Vernon, Vt.; and Palisades Power Plant in Covert, Mich.
The plants involved in the proposed spinoff all sell non-regulated power on the wholesale market, where prices can skyrocket as utilities try to cover shortfalls in peak-demand periods.
The spinoff has been approved by the Federal Energy Regulatory Commission, the Nuclear Regulatory Commission and the Internal Revenue Service. In addition to New York, Entergy is awaiting a decision from state utility regulators in Vermont.
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Alberta sets new electricity usage record during deep freeze
CALGARY - Albertans are cranking up their thermostats and blasting heat into their homes at overwhelmingly high rates as the deep freeze continues.
It’s so cold that the province set a new all-time record Tuesday evening for electricity usage.
According to the Alberta Electric System Operator (AESO), 11,729 MW of power was used around 7 p.m. Tuesday, passing the previous record set in January of last year by 31 MW.
Temperatures reached a low of -29 C in Calgary on Tuesday while Edmonton saw a low of -30 C, according to Environment Canada. Wind chill made it feel closer to -40.
“That increase —…
