“[Meta] figured out that supporting the relicensing and expansion of existing plants is just as impactful as finding new sources of energy,” Constellation CEO Joe Dominguez said in a statement last week.
“My feeling, given [that Clinton] is a merchant power plant, is that a deal would have been struck with someone, somewhere,” added Tremaine Phillips, president of Third Coast Strategies and former member of the Michigan Public Service Commission. Phillips and Hua spoke to Utility Dive in a joint interview last week.
I concur, but not in current wholesale capacity market programs as currently implemented. Not because they don't know a solution to engage these Green Buyers, solutions are available that support Green Buyers and State Energy programs under a wholesale capacity market concept that was presented to PJM in June 2023; AOCE https://www.energycentral.com/energy-biz/post/aoce-will-be-presented-during-the-june-1-pjm-cifp-resource-adequacy-meeting-iPPO9NsXfVdNf6z
Amazon is also moving forward with a transaction in PA that could have easily taken place within an AOCE implementation operated by a wholesale capacity market operator. https://ir.talenenergy.com/static-files/4936c90c-56b5-4036-9fbf-6cbc2545fb38