R.E. Ginna nuclear plant
Constellation Energy
A new report estimates keeping New York’s aging commercial nuclear reactors running through 2050 would result in $50 billion in energy savings.
Constellation Energy
The Department of Public Service proposes the state extend its subsidy program for its commercial nuclear facilities from 2029 to 2049 to help ensure the operators of America’s two oldest reactors seeks to relicense them.
Five New York City-area legislators wrote to the Public Service Commission questioning the ratepayer-funded nuclear power plant subsidy.
A key New York legislator called for the immediate implementation of nuclear subsidies, a day after Exelon threatened to close Nine Mile Point Unit 1.
Exelon (NYSE:EXC) said it will close its Nine Mile Point 1 nuclear plant next spring if New York has not guaranteed it a financial lifeline by September.
FERC approved the plan to keep the Ginna nuclear power plant operating but objected to elements that it said encroached on its jurisdiction.
New York regulators are proposing to accelerate financial incentives in a last-ditch effort the save the James A. FitzPatrick nuclear plant.
New York regulators OK'd a contract to keep the struggling R.E. Ginna nuclear power plant operating through March 2017.
Closure of the FitzPatrick nuclear plant will leave New York at least 325 MW short of its generation requirement by 2019, NYISO says.
Upstate nuclear power plants would earn extra payments for emissions-free energy under a New York PSC staff proposal announced Thursday.
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