«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.
Cuomo's aides were involved in developing the eventual policy that the PSC approved in August to
subsidize the upstate nuclear plants and negotiated directly with the plant's owners, former state operations director Jim Malatras told the Syracuse Post-Standard.
Not exact matches
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.
The battle is heating up over a statewide electric rate increase to
subsidize upstate nuclear power
plants that pits Governor Andrew Cuomo against a coalition of «good - government groups.»
And
upstate Republican lawmakers are cheering the adoption as well, given the standards include a system that would
subsidize nuclear energy as Entergy Corp. seeks to sale central New York's FitzPatrick Nuclear Power
nuclear energy as Entergy Corp. seeks to sale central New York's FitzPatrick
Nuclear Power
Nuclear Power
Plant.
A collection of energy companies and trade associations have filed a lawsuit seeking to reverse a decision by the Cuomo administration to
subsidize several struggling
upstate nuclear plants.
The agency agreed to purchase zero emissions credits to
subsidize the
upstate nuclear power
plants, although NYPA is not under the authority of the Public Service Commission which mandated other power providers buy the credits.