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Stock Market & Financial Investment News

News Breaks
December 28, 2012
11:47 EDTPPLPPL subsidiary submits Northeast-Pocono Reliability Project to PUC for approval
PPL Electric Utilities has submitted the Northeast-Pocono Reliability Project to the Pennsylvania Public Utility Commission, or PUC, for approval. The project will improve electric service for 250,000 people in northeast Pennsylvania and the Poconos. It will involve construction of three new electrical substations and a new 230-kilovolt power line. The PUC review process generally takes about one year, during which there are opportunities for additional public input. The project, which will cost about $200M, will serve customers in parts of Lackawanna, Monroe, Wayne, Pike, Carbon and Luzerne counties.
News For PPL From The Last 14 Days
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December 19, 2014
07:33 EDTPPLPPL Corp. Susquehanna Nuclear Power Plant Unit 1 reconnected to power grid
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December 14, 2014
15:51 EDTPPLPPL Corp. disconnects Unit 1 from the regional electric grid
Operators at PPL's Susquehanna nuclear power plant disconnected Unit 1 from the regional electric grid Saturday,12/13 because of a small water leak inside the containment structure. The massive concrete containment structure, which surrounds the reactor, is not accessible when the unit is running. Although the water leak is well within the plant's limits for continued safe operation, operators began shutting the unit down as a conservative measure to complete repairs and enhance the unit's reliability for the upcoming winter, when cold weather drives higher electricity use. PPL Susquehanna expects to quickly identify the source of the water leak, complete repairs and resume generating electricity for the regional power grid. The Susquehanna plant, located in Luzerne County about seven miles north of Berwick, is owned jointly by PPL Susquehanna LLC and Allegheny Electric Cooperative and is operated by PPL Susquehanna.

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