Now we have to pay
for upstate nuclear plants that are not economically feasible.
Not exact matches
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.
Assembly Democrats grilled Gov. Andrew Cuomo's energy officials
for more than four hours yesterday on a taxpayer subsidized plan executed by the PSC and a major energy company — Entergy — that will keep three
upstate nuclear power
plants alive
for the next twelve years.
This episode features Empire Center
for Public Policy analyst Ken Girardin laying out his critique of the recently enacted Clean Energy Standard and the decision to subsidize
nuclear power
plants in
upstate New York.
It's also the date
for an $ 8 billion bailout of some
upstate nuclear power
plants to begin, and more than 80 local government leaders are making a last - ditch effort to stop a plan that they say will cost electric utility ratepayers billions of dollars.
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.
Assembly Democrats grilled Governor Andrew Cuomo's energy officials
for more than four hours on a plan executed by the Public Service Commission and a major energy company that will keep three
upstate nuclear power
plants alive
for the next twelve years.
At the same time, Cuomo's administration has supported a ratepayer - backed bailout
for three
upstate nuclear power
plants, pointing to the need to keep their emission - free power on the grid in order to reach the state's pollution - cutting goals.
It will also include incentives
for upstate nuclear facilities, which provide a significant source of carbon - free power, but are struggling financially against natural gas
plants.
Assembly Democrats grilled Gov. Andrew Cuomo's energy officials
for more than four hours Monday about a plan executed by the Public Service Commission and a major energy company that will keep three
upstate nuclear power
plants alive
for the next 12 years.
«We just gave away $ 7.6 billion to Exelon, an out - of - state energy company,» he said, referring to a debated estimate
for the state's plan to subsidize
upstate nuclear plants.
For a second year in a row, the PSC has deeply slashed the amount of renewable energy that utility companies are forced to buy under Cuomo's Clean Energy Standard, casting further doubt on the governor's goal of having renewables supply 50 percent of the state's electricity by 2030, while reinforcing the program's status as primarily a bailout for money - losing upstate nuclear plan
For a second year in a row, the PSC has deeply slashed the amount of renewable energy that utility companies are forced to buy under Cuomo's Clean Energy Standard, casting further doubt on the governor's goal of having renewables supply 50 percent of the state's electricity by 2030, while reinforcing the program's status as primarily a bailout
for money - losing upstate nuclear plan
for money - losing
upstate nuclear plants.
State lawmakers seeking to put the brakes on a plan by Gov. Andrew Cuomo to hike electric bills to keep open
upstate nuclear power
plants have introduced legislation calling
for a moratorium on the plan as the Assembly considers a one - house budget bill that would do the same.
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.
Cuomo's plan to bail out
upstate nuclear plants could end up raising electricity expenditures
for health systems around the state by at least $ 13.4 million, according to a report by a consumer utility advocacy group.
It's also the date
for an $ 8 billion state bailout of some
upstate nuclear power
plants to begin.
Others chided Cuomo
for shuttering the
plant while arranging
for an estimated $ 7.6 billion in subsidies to keep four
nuclear plants upstate open.
But, he said it will likely not solve the financial difficulties
for upstate nuclear power
plants, which have been suffering losses from the
upstate - downstate bottle neck and competition from cheap natural gas.
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.
Cuomo's Public Service Commission last summer passed a clean energy standard that, among other things, calls
for a charge on customer bills that would help pay
for the plan to keep three
upstate nuclear plants open.
As the state plans to implement the governor's goal
for double the amount of renewable energy on the market, a new study says losing
upstate nuclear power
plants would be a major set back
for the initiative.
While Cuomo has seized upon every hiccup at the Indian Point
nuclear plant downstate to amplify his calls
for its closure, he has touted the benefits of the FitzPatrick
plant and other
upstate nuclear power generation.
Canale is a board member with
Upstate Energy Jobs, a coalition of local businesses, agencies and community leaders advocating
for New York lawmakers to support
upstate nuclear plants.
The Greens have strongly opposed the Governor's $ 7.6 billion bailout of several
upstate old
nuclear plants; the bailout is greater that the state's funding
for renewable energy.
In one arrangement, Bharara alleges Kelly channeled several hundred thousand dollars to Percoco and his wife in exchange
for help building a power
plant in
upstate New York, and
for other public assistance the company never received — including a guarantee the state would find a buyer
for energy from the facility, and the closure of the controversial Indian Point
nuclear plant in Westchester, which the governor has advocated
for.
It's also the date
for an $ 8 billion dollar state bailout of some
upstate nuclear power
plants to begin.
The measure deals a small setback
for Exelon Corp., whose subsidiaries own the R.E Ginna and Nine Mile Point
nuclear plants in
upstate New York.