Impossibility

Clock Ticking on Edison Nuke, EMG Holdings

The impossibility of predicting future natural gas and coal prices adds to the dilemma, but Rosemead, CA-based Edison International’s two-edged conundrum involving an idled California nuclear plant and money-losing merchant coal-fired generation assets in Illinois and Pennsylvania remains unresolved as time constraints worsen the potential financial fallout.

May 7, 2012