A gift to the nuclear power industry, The River Reporter May 18, 2016 — State officials are in the midst of a round of meetings regarding the state’s proposed Clean Energy Standard (CES), which will determine how much renewable electricity will be distributed to customers by utilities in years to come. The proposed plan calls for the state to generate 80% of electricity from renewable power by 2050, which is certainly a laudable goal.
Incredibly, however, the proposed CES mandates that rate-payers keep the state’s four nuclear power plants alive by paying higher-than-market prices for the expensive electricity produced by the plants.
As Jessica Azulay, program director of Alliance for a Green Economy, wrote in a memo, “The proposed Clean Energy Standard also includes a gift to nuclear corporations operating in Upstate New York. Due to low electricity prices, declining demand, competition from wind power, and rising nuclear costs, New York’s four…
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