Politics & Government
"Strategic Assessment" Underway at Millstone Power Station: Report
The company is exploring its options for the future of the Millstone Power Station in Waterford.
WATERFORD, CT — In an effort to understand its options to cease operations at the Millstone Power Station, a spokesman for Dominion Energy says the company is doing a "strategic assessment" of the power plant, reports The Day. Spokesman Ken Holt said the company has made no decisions on the future of the plant, but that it has contacted ISO New England to understand its options to close the plant, if it chooses to move in that direction.
The company has received confirmation from ISO New England that it can transfer its capacity supply obligation or pay a penalty to exit the market early, according to the report. Millstone is contractually obligated to supply power to the regional grid through 2021.
Read more from The Day here.
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