Still more ratepayer bailouts needed, says Entergy exec
“I’ve made it clear FitzPatrick [pictured here, from NRC] has been a marginal unit for a while,” he said. “We’re really counting on some positive changes in market design to be able to continue to run it,” says Entergy exec William Mohl. The nuclear power industry increasingly reminds one of nothing so much as the spoiled brat (or, possibly, the greedy king Midas) who, upon receiving a gift, instantly wants “more!”
Thus, when the Federal Energy Regulatory Commission (FERC) June 10 approved a plan put forth last December by the PJM grid–the largest of the three major grids in the U.S.–to reward high-performing power plants and penalize low-performing units, Entergy’s (the second largest nuclear utility) instant reaction was “more.”
A little translation may be in order. After all, it would seem to make perfect sense to reward the best and penalize the worst. But the real intent of PJM’s plans…
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