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Thursday
Apr162015

"FERC Rejects Ginna Rates, Orders Settlement Proceeding"

The Ginna atomic reactor, on the Lake Ontario shoreline in upstate New YorkAs reported by William Opalka in RTO Insider, "The Federal Energy Regulatory Commission on Tuesday rejected the rate schedule proposed for a struggling nuclear power plant needed for reliability in western New York and ordered hearing and settlement proceedings (ER15-1047)."

The R.E. Ginna atomic reactor, owned and operated by Exelon Nuclear of Chicago, is one of the very oldest still-operating in the U.S. It fired up in 1969. It is located in Ontario, New York, on the Lake Ontario shoreline.

Exelon's scheme for keeping Ginna operating -- despite losing tens of millions of dollars per year, for the past three years -- is to gouge ratepayers in Rochester, NY.

Ginna is but one of four atomic reactors on the upstate NY shore of Lake Ontario. The three additional reactors are Nine Mile Point Unit 1, Nine Mile Point Unit 2, and FitzPatrick. There are also 10 operating reactors on the Canadian shore of Lake Ontario: six at Pickering, and four at Darlington. See Anna Tilman's map, and IICPH's website, for more info.