CEOs Say Preserving the Nuclear Power Fleet Is Imperative

Credit to Author: Aaron Larson| Date: Thu, 28 Mar 2019 01:31:09 +0000

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

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PSEG: Nuclear Plants Will Soon Close Without Subsidies

Credit to Author: Darrell Proctor| Date: Thu, 24 Jan 2019 20:54:53 +0000

Public Service Enterprise Group (PSEG) has told New Jersey officials it needs subsidies to continue operating its three nuclear power units in the state, saying that without financial help it will begin closing its Hope Creek Generating Station and Salem Nuclear Power Plant as early as 2022. The three reactors are the only remaining nuclear […]

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