Lobbyists crowded into a committee room at the General Assembly to watch the inevitable advance Tuesday of a bill that sponsors say would simultaneously lower electric rates and stabilize profits generated by the Millstone Nuclear Power Station. Opponents say the bill would cost ratepayers and produce a windfall for the plant’s owner, Dominion Resources of Virginia.
Dominion Resources
Posted inEnergy & Environment, Money
Battle resumes over opening utility markets to Millstone
State legislators are grappling for the second year in a row over whether to allow the owners of the Millstone Nuclear Power Station to sell electricity to Connecticut’s utilities.
Posted inEnergy & Environment
CT Senate passes bill to stabilize revenues in nuclear industry
A national campaign by the nuclear industry to stabilize profits in a volatile energy market scored a victory Friday night with the unanimous passage of bipartisan legislation changing the rules for procuring electricity in Connecticut, a state heavily reliant on nuclear power.
Posted inEnergy & Environment, Politics
Nuclear power’s regulatory campaign comes to Connecticut
Evan Bayh, the former governor of a coal-burning, nuclear-free state, arrived in Hartford as the smiling face of the nuclear power industry Thursday, making a soft sell for Connecticut to consider ways to keep its Millstone station economically viable.
Posted inEnergy & Environment, Politics
Nuclear power’s future in Connecticut is on the table
The economic viability of the Millstone nuclear station in Waterford, the largest power plant in New England and a crucial factor in Connecticut’s commitment to reduce greenhouse gases, is about to become a major issue in Hartford.