Dominion scrambling for Connecticut utility deals to save Millstone reactors | Reuters

Dominion scrambling for Connecticut utility deals to save Millstone reactors | Reuters: Dominion Energy Inc said Thursday
it is working to complete negotiations with Connecticut
utilities for the purchase of electricity from its Millstone
nuclear power plant before a March 15 deadline.
"There is a March 15 deadline for Dominion to submit a
retirement bid to ISO New England," Dominion spokesman Kenneth
Holt said, noting "We are working to complete negotiations prior
to that date."
ISO New England operates the power grid in the six-state
region.
Millstone produces about half of the electricity in
Connecticut and around 98 percent of its carbon-free energy,
making the plant key to meeting the state's aggressive carbon
reduction goals. Over 1,500 people work at Millstone.

Dominion, of Richmond, Virginia, has been saying for years
that Millstone is not economically viable in the current low
power price environment.
After three years of working with politicians and regulators
on a plan to keep the plant in service, the state in December
selected Millstone for a contract to purchase a little over half
of its output for 10 years.
The price of that contract, however, was not firm, so
Dominion said it is negotiating with the state and