CT seeks new contracts for nuclear power, renewables

Feb 4, 2026 | Uncategorized

The Connecticut Department of Energy and Environmental Protection said Friday that it would begin seeking new contracts for carbon-free electricity from large power generators, including the Millstone Nuclear Power Station in Waterford. The announcement marks the start of the agency’s latest round of “grid scale” clean energy procurement, which began in 2011. Several years later, officials used that process to provide a lifeline to Millstone after its owner threatened to shut the plant down due to the difficulty of competing against lower-cost natural gas. As part of a 10-year contract that expires in 2029, Connecticut agreed to purchase half of Millstone’s output at the set price of $50 per megawatt hour. Like all the grid scale clean energy contracts, utility customers pay a premium on Millstone’s power whenever it’s higher than the wholesale cost of electricity — typically determined by the price of gas. But when the cost of electricity rises above the contract price, customers receive a credit on their bills.

https://ctmirror.org/2026/01/30/deep-rfp-nuclear-renewable-contracts/

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