|States Fight Nuclear Plant Bailouts - Unlike Stupid Illinois
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|Author:||KingCobra [ Fri Jun 09, 2017 11:41 am ]|
|Post subject:||States Fight Nuclear Plant Bailouts - Unlike Stupid Illinois|
With the exception of Illinois, supporters of state aid are similarly struggling to make headway in Ohio and Pennsylvania. Those with the most to lose -- such as renewable energy providers and big electric customers -- are pushing back in state legislatures, said Peter Bradford, a consultant who used to serve on the Nuclear Regulatory Commission. That’s making it harder for states to come to the rescue of reactors grappling with plunging power prices.
“It is pretty difficult to get these things across a finish line,” Kit Konolige, a Bloomberg Intelligence analyst based in New York, said by phone. “It’s been resisted strongly, certainly in Ohio and Connecticut.”
Almost a year after New York became the first state to approve subsidies for nuclear reactors threatened with closure, efforts to replicate the model elsewhere are proving a tough sell.
FULL ARTICLE HERE: https://www.bloomberg.com/news/articles/2017-06-08/nuclear-subsidies-slow-to-catch-on-as-opposition-steps-up
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