Sentences with phrase «nuclear subsidy plan»

A decision on the nuclear subsidy plan is expected from the Public Service Commission (PSC) within the next week.

But, the PSC's newest nuclear subsidy plan leaves the door open to support Indian Point.

Not exact matches

A long - term energy plan by the Cuomo administration that includes a nearly $ 8 billion subsidy to two upstate nuclear power plants is being challenged from both ends of the political spectrum, and a lawsuit has been filed to try to stop the deal.

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.

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.

State regulators on Monday once again defended a plan to bolster nuclear power in New York, telling a panel of Assembly lawmakers a subsidy is needed to help shift the state to a low - carbon future.

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.

At noon, Community leaders denounce Gov. Andrew Cuomo's 12 - year - plan to bail out three aging upstate nuclear reactors by charging New Yorker utility ratepayerss an estimated $ 7.6 billion in subsidies.

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.

The proposal comes as state energy officials continue crafting a Cuomo - backed clean energy plan (Clean Energy Standard) that would include unspecified subsidies to financially stressed nuclear plants, which currently provide about 30 percent of the state's total electricity.

State Sen. Patty Ritchie praised Gov. Andrew Cuomo for his effort to make a proposed plan for nuclear power plant subsidies a reality.

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.

A long term energy plan by the administration of New York Governor Andrew Cuomo that includes a nearly $ 8 billion dollar subsidy to two upstate nuclear power plants is being challenged from both ends of the political spectrum, and a lawsuit has been filed to try to stop the deal.

A long - term energy plan by the Cuomo administration that includes a nearly $ 8 billion subsidy to upstate nuclear power plants is being challenged from both ends of the political spectrum, and a lawsuit has been filed to try to stop the deal.

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..

The plan isn't without controversy, however, since it includes subsidies to ensure the state's existing upstate nuclear plants remain open.

The state Public Service Commission will vote on the governor's energy plan, and the nuclear subsidies it currently entails, in July.

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.

The nuclear subsidies are a critical part of a plan to keep the 850 - megawatt FitzPatrick nuclear plant running.

But New York regulators stepped in to prevent its closure, passing a comprehensive clean energy plan that will the state's financially struggling nuclear plants, including FitzPatrick, with subsidies that are scheduled to kick in tomorrow.

But the Assembly's plan would face a likely veto from Gov. Andrew Cuomo, who championed the nuclear subsidies.

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.

Q: Given ALEC's emphasis on free markets and subsidies, does the Energy, Environment and Agriculture Task Force plan to pass model legislation limiting fossil fuel and nuclear energy subsidies and corporate welfare?

I'm personally more worried about badly secured and aging stockpiles of nuclear warheads than about active nuclear power plants, but an economic argument can be made about these plants (many need huge subsidies, cost more than planned, etc).

«It's sort of a blank check... the plants just get more expensive to operate,» Tim Judson, executive director of the Nuclear Information and Resource Service, told Utility Dive after plans for the subsidy package wre first announced.

A key component of the CES is a subsidy plan to support the state's struggling nuclear power plants, which have been losing out in the marketplace largely due to cheap natural gas.