Sentences with phrase «subsidize nuclear facilities»
The 838 - MW FitzPatrick nuclear plant in Scriba, N.Y., was slated for closure, but a state program to subsidize nuclear facilities means it will continue to operate.
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Entergy had all but guaranteed that it would shut the plant down because it was losing $ 60 million annually, but a state plan to subsidize New York's nuclear plants is enticing another company to buy and operate the facility.
Outside of New York and Illinois, which passed laws subsidizing ailing nuclear facilities in 2016, Connecticut's governor last year signed a bill allowing Dominion's Millstone plant to participate in its clean energy procurement process, and New Jersey's lawmakers are poised to vote on a zero - emission credit (ZEC) program today, Korsnick said.