Sentences with phrase «for nuclear subsidies»

Well, 1 argument for nuclear subsidies is it is exposed to much higher sovereign risk.
NOTE: Flanagan's bill was this morning amended to expand the funds available for nuclear subsidies to all of those funds now handled by NYSERDA under section 1854 of the Public Authorities Law.

Not exact matches

At the same time, subsidies and other support for renewable energy projects have boosted competition from wind and solar power and piled pressure on coal - fired and nuclear power plants.
That dynamic is perhaps clearest with Energy Secretary Rick Perry calling for subsidies to keep coal and nuclear plants open late last year.
Heastie pointed to the Republican support for a subsidy aimed at bolstering upstate nuclear power plants, which is expected to add roughly $ 2 to the average utility bill as a sign some GOP lawmakers are open to tacking on more fees or taxes to help pay for a broader public benefit, such as preserving jobs.
At the Ginna nuclear plant near Rochester, for example, the PSC ordered subsidy payments to keep Ginna running - but only for 18 months while the local utility finishes building a transmission line to bring in power from elsewhere.
The state Assembly held a hearing Monday on Gov. Andrew Cuomo's plan to spend $ 8 billion in subsidies to keep three upstate nuclear power plants operating for the next 12 years.
State Sen. Joseph Griffo, R - Rome, who chairs the energy committee, said the PSC should act on the nuclear issue but take its time working out other details of the clean energy standard, such as subsidies for energy efficiency, wind and solar.
A plan to offer a $ 7.6 billion subsidy to the company controlling most of New York's nuclear power plants will cost the City Of Buffalo about $ 3.35 million in added utility costs, according to a new analysis by the Alliance for a Green Economy.
In 2016, Governor of New York Andrew Cuomo directed the New York Public Service Commission to consider ratepayer - financed subsidies similar to those for renewable sources to keep nuclear power stations profitable in the competition against natural gas.
And assurances that there'll be no subsidy for nuclear sound hollower; the Electricity Market Reform proposals look increasingly like a nuclear subsidy by the back door.
Under Cuomo, the PSC has undertaken an ambitious reimagining of the utility industry, called Reforming the Energy Vision, has backed subsidies for renewable and nuclear energy and has set up a ratepayer - funded program to invest in clean energy technology.
Under Cuomo, the PSC has undertaken an ambitious reimagining of the utility industry, has backed subsidies for renewable and nuclear energy and has set up a ratepayer - funded program to invest in clean energy technology.
SYRACUSE, N.Y. — A federal judge today dismissed a lawsuit challenging New York's groundbreaking subsidies for nuclear plants, clearing the way for three Upstate nukes to continue collecting roughly $ 483 million a year from utility ratepayers.
And George Osborne expects me to deliver our agreement on nuclear power, which is that there is an important place for new nuclear stations in our energy mix as long as there is no public subsidy.
«The government must be up front about the support it is giving to nuclear and not hide subsidies in a one - size - fits - all design for long - term energy contracts,» Mr Yeo added.
Nick Clegg and the other Lib Dem negotiators called for a «a commitment not to raise the cap on tuition fees» (a watered - down version of their manifesto pledge to phase out tuition fees over six years), a cut in the number of government ministers, a four year fixed - term parliament and «a commitment to no public subsidy for nuclear power stations».
The deal, long in the making after Entergy signaled it would shutter the FitzPatrick plant in 2017, comes after state regulators put the final approval on new subsidies for renewable fuels, including nuclear power, potentially worth millions of dollars.
Meanwhile, the Finnish government has agreed to take responsibility for nuclear waste after 60 years, something the Lib Dems say could cost billions in Britain, while it is also providing indirect subsidies in the form of export guarantees and 30 - year contracts.
He added: «The real question for the forthcoming energy review is, where will Blair hide his nuclear subsidy
Conservatives, by contrast, are committed to allowing the replacement of existing nuclear power stations provided they are subject to the normal planning process for major projects (under a new national planning statement) and provided also that they receive no public subsidy.
Other issues still on the table include: education spending, college affordability, raise the age, water infrastructure spending, workers comp reform and subsidies for three upstate nuclear plants.
Anti-tax activate Grover Norquist weighed in on the state subsidy of upstate nuclear plants, saying it's an end run around the Legislature that will result in a rate hike for utility customers.
The plan the PSC initially released did not favor subsidies for the state's only profitable nuclear power plant, Indian Point nearby New York City.
State Sen. Patty Ritchie praised Gov. Andrew Cuomo for his effort to make a proposed plan for nuclear power plant subsidies a reality.
Others chided Cuomo for shuttering the plant while arranging for an estimated $ 7.6 billion in subsidies to keep four nuclear plants upstate open.
That could potentially buy enough time for FitzPatrick to become profitable again if the New York Public Service Commission approves some nuclear plant subsidies this summer, called zero emission credits.
Unlike the existing ZEC program, which drew an arbitrary distinction among the state's nuclear plants, Flanagan's proposed «Zero Carbon Emission Investment Program» would make Westchester County's Indian Point nuclear plant eligible for subsidies.
The New York State Assembly held a hearing on Governor Cuomo's plan to spend $ 8 billion in subsidies to keep three upstate nuclear power plants operating for the next twelve years.
The FitzPatrick announcement comes just more than a week after the state Public Service Commission approved a long - term clean, renewable energy standard that includes subsidies for nuclear power.
Meanwhile, it was Davey who oversaw talks with EDF over the terms of subsidies for a new nuclear plant at Hinkley Point back in 2012.
3 The Lib Dems called for «a commitment not to raise the cap on tuition fees», a cut in the number of government ministers, a four - year, fixed - term parliament and «a commitment to no public subsidy for nuclear power stations».
Cuomo pushed an environmental agenda that included demanding the EPA pursue further dredging of PCBs from the Hudson River and environs, rejection of the Constitution Pipeline to transport fracked gas from Pennsylvania, and subsidies for Upstate nuclear power plants.
That is according to a report from the Alliance for a Green Economy, which opposes the nuclear subsidies.
Just more than a week after the state Public Service Commission approved a long - term clean, renewable energy standard that includes subsidies for nuclear power, the state on Tuesday touted Exelon's planned acquisition of the FitzPatrick nuclear plant from Entergy Corp..
And it left the door open for possible subsidies to the Indian Point nuclear plant in Westchester.
Exelon gave Gov. Andrew Cuomo credit for helping facilitate the transaction by asking the state Public Service Commission to adopt a Clean Energy Standard that included subsidies for upstate nuclear.
«Now, if it turns out that - for the first time in decades - a consortium is prepared to build a nuclear power station without public subsidy, then... that will, in all probability, go ahead.
The group is pushing the state to adopt Gov. Andrew Cuomo's clean energy standard, which could provide lucrative subsidies for nuclear plants.
The government's grandly entitled Electricity Market Reform turned out to be a mechanism to deliver a hidden subsidy for nuclear which they had given repeated assurances would never be provided from public funds,
That plan includes subsidies for financially stressed nuclear plants, which is why most of the audience at the hearing spoke in favor of the effort.
«As if the billions of dollars of consumer money gifted in subsidies to the nuclear industry weren't enough, now we find out that another $ 700 million in public assets will be handed to Exelon in order to sweeten the deal for their purchase of FitzPatrick.»
SCRIBA, N.Y. - Gov. Andrew Cuomo's plan for a «clean energy standard» that might include subsidies for nuclear plants is too late to save the doomed FitzPatrick plant in Oswego County, an Entergy Corp. executive said today.
Nuclear power's foes have also kept up an attack on the use of DOE loan guarantees for new reactors contending that the risks to taxpayers were too great unless the credit subsidy requirement was pushed far up.
Moreover, the authors suggest that states that provide subsidies to uneconomical nuclear reactors within their borders could also play a constructive role by making those subsidies available only for plants that agreed to carry out expedited transfer of spent fuel.
Nuclear power is not «too cheap to meter,» and in fact, despite hundreds of billions of dollars in government subsidies and in ratepayer charges, nuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs, including transporNuclear power is not «too cheap to meter,» and in fact, despite hundreds of billions of dollars in government subsidies and in ratepayer charges, nuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs, including transpornuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs, including transportation.
Assuming you believe in economic efficiency and a free market, you should be advocating a reduction in subsidies to energy companies for production of electricity by nuclear and fossil - fueled plants.
The coming years could see big trouble for renewable power, which has become overly dependent on subsidies, and a surprising rise in nuclear power.
Well, the actual problem is that the externalities for that cheap fossil and nuclear fuel (not to mention gov subsidies and tax breaks) have not been factored in.
What would nuclear power cost today «without subsidies» — without the hundreds of billions of dollars in subsidies that it has received for half a century?
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