U.S. power payout sends surprise boost to coal, nuclear plants | Crain's Cleveland Business

U.S. power payout sends surprise boost to coal, nuclear plants | Crain's Cleveland Business: Embattled coal and nuclear power-plant operators stand to get a lot more money to provide capacity to the biggest U.S. electricity grid — if they can hold on for another three years. Generators are going to make $140 a megawatt-day for the year starting in June 2021, 83% more than the prior year, according to the results Wednesday, May 23, of an auction by PJM Interconnection LLC. It was the first increase in three years and 19% more than the highest analyst estimate compiled by Bloomberg.