New York Approves Sale Of FitzPatrick NPP

The New York State Public Services Commission (PSC) on Thursday approved of the sale of the James A. FitzPatrick nuclear power plant in Scriba, N.Y. To Exelon Corporation. The $110 million sale from Entergy Corporation "will facilitate the continued operation of the carbon-neutral plant as a bridge to a renewable energy future without the need for imported fossil fuels such as fracked gas and oil from out of state or the restarting of coal plants," the Commission said, putting its reasoning up front in a press statement.(read more)