A major component of the plan, however, has been controversial — the continued operation of three
upstate nuclear power plants which are nearly 50 years old.
A major component of the plan, however, has been controversial - the continued operation of three
upstate nuclear power plants which are nearly 50 years old.
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.
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.
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 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.
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.
New York lawmakers should use all tools available to fight this issue head on through legislation, such as S. 4417, introduced by Senator Tony Avella,
which would direct the state PSC to repeal any electric rate increase «where such increase is a subsidy to
upstate nuclear power plants.»