Tag Archives: subsidies

Japanese town’s approval of nuclear reactor restart reflects subsidy dependence via The Mainichi

[…] Of all the funds swirling around Japan’s nuclear industry, the money that has the most influence on local governments hosting power plants flows from a trifecta of legislation collectively called the Three Power Source Development Laws. These subsidies, based … Continue reading

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Paying Nuclear Losers for ‘Clean’ Power Upends U.S. Markets via Bloomberg

Some U.S. states are trying to save money-losing nuclear plants — and disrupting America’s electricity markets in the process. New York and Illinois have cleared the way for nuclear power to be subsidized with higher fees on buyers — aid … Continue reading

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Power industry moves to block N.Y. nuclear subsidies via Environment & Energy Publishing

The power industry has launched its first legal challenge against New York’s ambitious renewable-energy program. NRG Energy Inc. and a group representing competitive power generators filed suit yesterday in federal court to block a key part of the state’s Clean … Continue reading

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New York Reactor’s Survival Tests Pricey Nuclear via Bloomberg

Exelon Corp. (EXC), the biggest U.S. owner of nuclear reactors, needs to almost double power prices to keep a New York plant running in a move that promises to show just how far regulators will go to keep uneconomic plants … Continue reading

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NUKES vs GLOBAL WARMING vs RENEWABLE ENERGY as we investigate how King CONG (Coal, Oil, Nukes & Gas) is doing its best to subvert our Solartopian future. DAVE KRAFT of Chicago’s Nuclear Energy Information Service joins CINDY FOLKERS and KEVIN … Continue reading

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Solar and Wind Energy Start to Win on Price vs. Conventional Fuels via The New York Times

For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at a cost equal to conventional sources like coal and natural gas. That day appears to be dawning. The cost of … Continue reading

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Nuclear Subsidy Deal ‘Will Kill Renewables’ via Climate news network

The battle over the UK’s plan to subsidise nuclear power will decide Europe’s energy mix for the next 50 years, say critics. LONDON, 7 April – The United Kingdom’s plans to build heavily subsidised nuclear power stations have come under … Continue reading

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The President’s Pro-Nuclear Rhetoric vs. His Anti-Nuclear Policies via The Foundry

Regardless of what one thinks about climate change policy, producing more unsubsidized, affordable, clean, reliable, emissions-free power is a laudable goal. That is why, of all the recommendations that the President puts forth, increasing nuclear energy is perhaps the one … Continue reading

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Exelon blames ‘subsidized’ wind, markets for derailing nuclear projects via Midwest Energy News

Exelon Corp. is scrapping expansion plans at nuclear plants in Illinois and Pennsylvania because of waning demand for electricity and competition with subsidized wind generators. […] “We removed these previously deferred extended power uprate projects from our program in response … Continue reading

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64 Conservative Organizations Notify the Senate: Don’t Renew the Wind PTC via SustainableBusiness.com

64 conservative groups, led by Koch brothers-backed Americans for Prosperity, sent a letter to Congress urging it to allow the wind energy production tax credit (PTC) to expire at the end of this year. Mitt Romney has also come out … Continue reading

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