Millstone victorious in quest for CT power contract

Capping an approximately three-year lobbying push at the state Capitol by Dominion Energy, Connecticut’s sole nuclear plant has won a state-assigned contract that will enable it to sell approximately half of its massive output to electric ratepayers over the next decade, state officials announced Friday. “We are pleased that Connecticut’s regulators have selected Millstone’s offer as being in the best interest of customers,” said Paul Koonce, Dominion’s CEO of power generation. “DEEP’s decision is good news for Connecticut’s economy and the environment.” Dominion says the Millstone deal will provide at least $670 million in net benefits to Connecticut ratepayers, as compared to a scenario in which the nuclear plant closed and its output was only partially replaced by other zero-carbon resources.

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