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December 6, 2018

PURA maintains “at risk” status for Millstone

HBJ File Photo Millstone Power Station in Waterford.

State energy regulators still see Millstone Power Station as at risk of retirement due to the nuclear plants current financial troubles amid rising costs and competition from natural gas.

An interim decision Wednesday, which is not yet official, from Public Utilities Regulatory Authority (PURA) would help the Dominion-owned plant in Waterford compete for long-term contracts to sell power to Connecticut’s utility companies.

The interim decision follows a similar proposed interim decision, released last month.

Connecticut’s procurement of zero-carbon energy, meaning nuclear, wind and solar, lured dozens of bids in September. The Department of Energy and Environmental Protection (DEEP) could choose winning bids by year-end.

The interim decision backs an Oct. 1 recommendation from DEEP and the Office of Consumer Counsel that deemed Millstone to be at risk. The agencies estimated the plant may otherwise close as soon as 2023.

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