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 Salem Nuclear Plant - New Jersey - Taxpayer Subsidies 
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QUOTE: "All capital spending not required for safety and to meet federal requirements will stop at two Salem County nuclear plants, unless legislation to provide ratepayer-funded subsidies to plant owners moves forward, according to a Securities and Exchange Commission filing Friday.

Public Service Enterprise Group said the decision to stop all nonessential capital spending was made at a Feb. 28 meeting of it and Exelon Corp., which co-own the two-unit Salem Nuclear Power Plant in Lower Alloways Creek."

LINK TO ARTICLE:
http://www.pressofatlanticcity.com/news/breaking/owners-say-they-won-t-put-more-money-into-salem/article_c7113bce-249e-540d-8f12-4210604df105.html

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Mon Mar 05, 2018 3:02 pm
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