On October 13th, Entergy made the announcement we have all been longing to hear - that Pilgrim will be closing. The excitement lasted for a brief minute until they mentioned a closing date by June 2019.
Corporation cited poor market conditions, reduced revenues and
increased operational costs are the cause for their decision to close
According to Entergy, the exact timing of the
shutdown will depend on several factors, including further discussion
with ISO-New England, and will be decided in the first half of 2016.
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