James A. FitzPatrick Nuclear Power Plant

Zero-emissions credits for Exelon’s nuclear power operations in Illinois and New York state boosted the company’s earnings in the first quarter of 2018, but net income nonetheless dropped on a year-over-year basis. In its latest earnings report, the company said Wednesday generally accepted accounting principles (GAAP) net income dropped from $990 million ($1.06 per share) […]

Power company Entergy said Wednesday its earnings rose -m the first quarter of 2018 with assistance from the federal tax break and better weather. The numbers in the company’s nuclear power-intensive Wholesale Commodities segment also improved, though it remained a drag on the overall business. The New Orleans-based utility owner reported consolidated earnings of $133 […]

Power company Entergy said Wednesday earnings rose for the first quarter of 2018 with assistance from the federal tax break and better weather. The numbers in the company’s nuclear power-focused Wholesale Commodities segment also improved, though it remained a drag on the overall business. Entergy reported consolidated earnings of $133 million ($0.73 per share) on […]

Power company Entergy on Tuesday reported higher earnings on both an as-reported and operational basis for the third quarter of the year. After-tax as-reported earnings rose from $388.2 million ($2.16 per share) in third-quarter 2016 to $398.2 million ($2.21 per share) in the latest earnings period. Operational earnings, on a non-generally accepted accounting principles basis, […]

Power company Entergy on Tuesday reported higher earnings on both an as-reported and operational basis for the third quarter of the year. After-tax as-reported earnings rose from $388.2 million ($2.16 per share) in third-quarter 2016 to $398.2 million ($2.21 per share) in the latest earnings period. Operational earnings, on a non-generally accepted accounting principles basis, […]

By Wayne Barber Entergy’s efforts to sell the retired Vermont Yankee nuclear plant after its retirement could set a pattern for the nuclear power plant operator, Chairman and CEO Leo Denault said Wednesday. “As we move toward the complete wind-down of our merchant operations we will continue to look for opportunities to divest our nuclear […]

Power provider Exelon’s clean energy branch, which includes its nuclear power plants, lost $250 million in the second quarter. That was a drastic drop from the $8 million loss Exelon Generation reported for the same three-month period of 2016, according to the company’s earnings update Wednesday. On the upside, courts in Illinois and New York […]

Exelon last week formally notifed the Nuclear Regulatory Commission of its plans to permanently close the Three Mile Island nuclear power plant in Pennsylvania. The company’s Exelon Generation subsidiary on May 30 announced the planned closure of the plant’s reactor Unit 1. Official notice to the agency that regulates commercial nuclear power operations is a […]

Chicago-based power provider Exelon’s adjusted income and diluted earnings per share dipped in the first quarter, which the company capped off by completing its acquisition of the James A. FitzPatrick Nuclear Power Plant in New York state. Net income, on a non-generally accepted accounting principles (GAAP) basis, fell from $632 million in first-quarter 2016 to […]

Chicago-based power provider Exelon’s adjusted income and diluted earnings per share dipped in the first quarter, which the company capped off by completing its acquisition of the James A. FitzPatrick Nuclear Power Plant in New York state. Net income, on a non-generally accepted accounting principles (GAAP) basis, fell from $632 million in first-quarter 2016 to […]

The Nuclear Regulatory Commission on Friday approved Entergy’s request to transfer the James A. FitzPatrick Nuclear Power Plant’s operating license and estimated $700 million decommissioning trust fund to Exelon. The decision marks the final federal approval required for Entergy to complete its $110 million sale of FitzPatrick to Exelon, which will allow the struggling 41-year-old upstate […]

Exelon hopes to close its $110 million purchase of the James A. FitzPatrick Nuclear Power Plant by late March or early April, a company executive said Thursday. Site owner Entergy had planned to permanently close the 41-year-old facility this year, but the two utilities struck a deal in August following the New York Public Service Commission’s (NYPSC) […]

Entergy has withdrawn its plan submitted to the Nuclear Regulatory Commission to permanently shut down its James A. FitzPatrick Nuclear Power Plant – a potential signal that the utility is confident of closing the sale of the facility to fellow power company Exelon. The $110 million deal, which would allow the struggling plant to remain in operation, […]

Bill Mohl, president of Entergy’s nuclear power segment, will retire in February after 35 years in the utility business, the company announced last week. Mohl’s departure comes as Entergy continues its exit from the merchant power business, which is operated by Entergy Wholesale Commodities: the company’s nuclear business. Entergy has shifted its focus to growth […]

The Nuclear Regulatory Commission on Monday approved Entergy’s request for additional time to comply with a safety equipment update at the James A. FitzPatrick Nuclear Power Plant in New York. The NRC ordered a series of design improvements for American nuclear reactors following the 2011 triple meltdown at the Fukushima Daiichi nuclear power plant in […]

The Nuclear Regulatory Commission on Monday approved Entergy’s request for additional time to comply with a safety equipment update at the James A. FitzPatrick Nuclear Power Plant in New York. The NRC ordered a series of design improvements for American nuclear reactors following the 2011 triple meltdown at the Fukushima Daiichi nuclear power plant in […]

Public Citizen on Friday requested that the Federal Energy Regulatory Commission reconsider its approval of the $110 million sale of the James A. FitzPatrick Nuclear Power Plant in New York from Entergy to Exelon. The consumer advocacy organization in October asked that the commission reject the sale, claiming the deal would adversely affect New York’s power market. Entergy […]

Two antinuclear groups this week continued to call for a Nuclear Regulatory Commission hearing concerning power company Entergy’s request for additional time to comply with post-Fukushima safety equipment updates at the James A. FitzPatrick Nuclear Power Plant in New York. The NRC ordered a series of design improvements for American nuclear reactors following the 2011 […]

Two antinuclear groups this week continued to call for a Nuclear Regulatory Commission hearing concerning Entergy’s request for additional time to comply with post-Fukushima safety equipment updates at the James A. FitzPatrick Nuclear Power Plant in New York. The NRC ordered a series of design improvements for American nuclear reactors following the 2011 triple meltdown […]

Public Citizen said Monday it will ask the Federal Energy Regulatory Commission for a rehearing on its decision last week to approve the $110 million sale of the James A. FitzPatrick Nuclear Power Plant in New York from Entergy to Exelon. Public Citizen in October asked FERC to reject the application for the sale, claiming […]

A senior Nuclear Regulatory Commission official discussed Wednesday the caution the agency takes to avoid colluding with the nuclear industry and to instead collaborate on regulatory issues. This has been a topic of conversation since the 2011 Fukushima Daiichi nuclear power plant disaster. A year after a 9.0 earthquake triggered a 15-meter tsunami and triple meltdown […]

Entergy has notified the Nuclear Regulatory Commission that 885 spent fuel panels at the Pilgrim Nuclear Power Plant in Massachusetts are susceptible to degradation that could challenge their effectiveness by September 2017. The panels act as neutron absorbers. A decline in their effective use increases the possibility of fissioning reactions in spent fuel pools, which […]

The Federal Energy Regulatory Commission on Wednesday approved the $110 million sale of the James A. FitzPatrick Nuclear Power Plant in New York from Entergy to Exelon, while also dismissing Public Citizen’s challenge to the deal. The consumer rights’ group in an October filing asked FERC to reject the application, claiming it will adversely affect […]

A senior Nuclear Regulatory Commission official discussed Wednesday the caution the agency takes to avoid colluding with the nuclear industry and to instead collaborate on regulatory issues. It’s been a topic of conversation ever since the 2011 Fukushima Daiichi nuclear power plant disaster. A year after a 9.0 earthquake triggered a 15-meter tsunami and triple meltdown […]

Nuclear Regulatory Commission staff on Monday recommended the agency deny two antinuclear groups’ request for a hearing concerning Entergy’s request to extend compliance deadlines for post-Fukushima safety upgrades at the James A. FitzPatrick Nuclear Power Plant in upstate New York. Beyond Nuclear and the Alliance for a Green Economy (AGREE) in a Nov. 10 filing […]

The Nuclear Regulatory Commission has approved two of Entergy’s requests for additional time to comply with post-Fukushima safety equipment updates at the James A. FitzPatrick Nuclear Power Plant in New York state. The NRC ordered a series of design improvements for American nuclear reactors following the 2011 triple meltdown at the Fukushima Daiichi nuclear power plant […]