Dominion Energy loses legislative fight over Millstone pricing A long, intense and expensive lobbying campaign by Dominion Energy has failed to find the votes in the Connecticut General Assembly for legislation intended to improve the profitability of its Millstone Nuclear Power Station by changing the rules for procuring electricity. “It’s dead. It’s a toxic brand … Continue reading #Dominion_Energy loses legislative fight over #Millstone pricing→
38 years after massive protest, Shoreham nuke plant sits empty That’s what Long Island Power Authority officials call the vacant concrete structure that housed Shoreham’s nuclear reactor before the controversial facility was decommissioned in the 1990s. The plant’s remains stand on a 60-acre property overlooking the Long Island Sound. The nuclear reactor, or “boiler,” was … Continue reading 38 years after massive protest, Shoreham nuke plant sits empty→
Why nuclear power subsidies must end Should utility bills and taxes be used to subsidize money-losing nuclear power plants so they can compete with renewable energy and low-cost natural gas? New York and Illinois, bowing to pressure from a powerful nuclear utility, believe the answer is yes. Several other states, including Connecticut, New Jersey, Ohio … Continue reading Why nuclear power subsidies must end→
Like Three Mile Island, Talen Energy’s nuclear plant under pressure Allentown-based Talen Energy’s Susquehanna nuclear power plant, which opened in the early 1980s, has two reactors, each capable of generating enough electricity to power about 1 million homes. But it’s unclear how far into the future that generation will continue, following Tuesday’s announcement that Exelon … Continue reading Like #Three_Mile_Island, #Talen_Energy ‘s nuclear plant under pressure #Susquehanna→
OTHER STATES EXPERIMENT WITH NEW YORK’S NUCLEAR SUBSIDIES As the first state to implement subsidies to support struggling nuclear power plants through zero-emission credits, New York has caught the attention of other states confronting similar challenges. New York had been facing the threat of three unprofitable upstate nuclear power plants potentially closing, in part due … Continue reading OTHER STATES EXPERIMENT WITH NEW YORK’S NUCLEAR SUBSIDIES→
Let the market decide fate of nuclear plants With coal plants closing and nuclear power in serious trouble, natural gas has taken on increasing importance. Cheap and abundant, gas has emerged as the Northeast’s number one source of electricity. Compared to coal and nuclear power, natural gas is a bargain. Natural gas-fired combined-cycle units now … Continue reading Let the market decide fate of nuclear plants→
‘We, Westinghouse, cannot fail’: CEO, new documents give fuller picture of business A few minutes after 3 a.m. March 29, José Emeterio Gutiérrez — whose signature as interim CEO of Westinghouse Electric Co. was all over bankruptcy documents filed at that early hour — received an email with a puzzling sentiment: “Congratulations.” “It’s 3 a.m. … Continue reading ‘We, #Westinghouse, cannot fail’: CEO, new documents give fuller picture of business→
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