Millstone Nuclear Power Station

Recent Posts

State says Millstone will get a final chance to prove it needs relief

State energy officials recommended Thursday that the Millstone nuclear power station be allowed to offer further evidence of financial distress as part of a new procurement process that could enhance the profitability of Connecticut’s biggest source of zero-carbon electricity. Continue Reading →

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CT’s clean energy edge: Going, going . . . or coming back?

Connecticut, once a national leader in clean and renewable energy and energy efficiency, has slipped behind many other states, including its neighbors. Most of the finger-pointing is at the state’s budget problems and questionable choices by the legislature. But the state may have started to lose its energy edge before then. The question is, can it get it back? Continue Reading →

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State says more data necessary to assess Millstone’s viability

A long-awaited assessment of the energy market released Monday by the state Department of Energy and Environmental Protection and the Public Utilities Regulatory Authority does not resolve questions about the economic viability of the region’s biggest provider of carbon-free electricity, the Millstone nuclear station at Waterford. State officials say they need more information from its owner, Dominion Energy. Continue Reading →

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CT’s preliminary conclusion: Millstone profitable through 2035

State energy officials concluded in a preliminary report released Thursday that the Millstone nuclear power station in Waterford will be profitable through 2035, undercutting its owner’s assertion that Connecticut must change how its electricity is sold or face the early retirement of New England’s largest source of carbon-free power. But they reached no conclusions on whether the profits represent a sufficient return on investment for the owner, Dominion Energy. Continue Reading →

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Malloy signs Millstone bill, then questions its need

Gov. Dannel P. Malloy signed a bill Tuesday that allows the state to enhance the profitability of Dominion Energy’s Millstone nuclear power plant in Waterford, while pointedly asserting that Dominion has not convinced his administration any such help is warranted. Continue Reading →

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Millstone bill passes House, goes to governor

After blocking similar bills over two years, the House of Representatives voted 75 to 66 for final passage Thursday of a measure variously derided as a windfall for a major energy company and praised as a responsible first step toward stabilizing the finances of Connecticut’s last nuclear plant. Continue Reading →

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Oh, another wrinkle on budget deal: Millstone’s profitability

One of the non-fiscal elements of the tentative budget deal calls for the House Democratic leadership to allow a vote on a bill designed to improve the profitability of Connecticut’s last nuclear power plant, Millstone, the subject of an epic lobbying campaign by its owner, Dominion Energy. Continue Reading →

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With no plan for replacing Millstone, what are CT’s options?

Regardless of what the Connecticut legislature decides on Millstone, it won’t change some basic realities: One day the nuclear plant will close, and Connecticut doesn’t have a plan for that. The question of how to replace Millstone elicits all kinds of ideas. But parameters matter: Are we talking short-term, long-term, cleanly, at what cost to ratepayers? Continue Reading →

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Dominion still reluctant to open Millstone’s books

Dominion Energy signaled an intention Friday to play hardball with state energy officials by questioning the need to share financial data sought by Connecticut state agencies that are jointly assessing the economic viability of its Millstone nuclear power station, the biggest source of electricity in New England. Continue Reading →

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On CT’s budget, it turns out there may be a nuclear option

Call it a sign of desperation or a mark of creativity. One of the unconventional revenue-raising schemes considered by legislators in pursuit of an overdue budget would have Connecticut extract millions of dollars from Dominion Energy in return for legislation boosting the profitability of electricity generated by the company’s Millstone nuclear power plant. Continue Reading →

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Senate gives new life to Millstone relief bill

Dominion Energy and its allies in the Senate Republican caucus managed Wednesday to salvage elements of a bill intended to stabilize the profitability of Millstone Power Station, a nuclear plant that produces nearly all of Connecticut’s carbon-free electricity. Continue Reading →

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CT’s delayed energy plan could mean trouble for Millstone bill

With TV ads and ferocious lobbying on both sides of the issue, it’s unclear whether any legislation to help out the Millstone Nuclear Power Station will survive this legislative session. A delay in the release of an updated state energy strategy isn’t helping matters. Continue Reading →

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