Planning & Economic Development

Local communities struggle with closures as Indian Point shuts down

Local communities struggle with closures as Indian Point shuts down A nuclear plant closure can leave a deep hole in local finances, thousands of well paid, highly skilled workers out of a job and retiring or migrating to other parts of the country, and cause a rise in respiratory problems as pollutant-spewing alternatives are brought […]

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Palisades Power Plant employees prepare for last year on the job

Palisades Power Plant employees prepare for last year on the job COVERT – In less than 400 days, Palisades Power Plant in Covert will stop producing nuclear power. But activities at the plant will be far from over. The plant will close for operation by May 31, 2022, but then the decommissioning process will begin.

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Despite state officials’ worries, NJ approves bailout for PSEG nuclear plants

Despite state officials’ worries, NJ approves bailout for PSEG nuclear plants The New Jersey Board of Public Utilities approved PSEG’s bid for a second round of $300 million in annual subsidies, which it argued is vital to keep its nuclear plants open, in spite of personal reservations and skepticism from several of the state’s commissioners.

Despite state officials’ worries, NJ approves bailout for PSEG nuclear plants Read More

Gillibrand seeks funding for Indian Point towns after plant shuts down

Gillibrand seeks funding for Indian Point towns after plant shuts down U.S. Sen. Kirsten Gillibrand is backing a measure that would provide $175 million annually to communities like those around Indian Point and others that will be burdened with spent nuclear waste after the power plants shutdown.

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What ratepayers will pay in subsidies for NJ’s nuclear power plants

What nuclear subsidies will cost ratepayers | NJ Spotlight News The state is poised once again to decide whether to subsidize New Jersey’s three remaining nuclear power plants, but unlike two years ago, the question is not so much about whether ratepayers should fund the program, but how much they should pay.

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Illinois lawmakers question Exelon audit

Illinois lawmakers question Exelon audit SPRINGFIELD – Members of a state Senate committee sharply criticized a recent audit of Exelon’s nuclear power plant operations that suggested ratepayers may need to subsidize two of those plants by as much as $350 million over the next five years. Gov.

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State bill created to help save the Byron nuclear power plant

State bill created to help save the Byron nuclear power plant BYRON (WREX)- As the closure of the nuclear power plant in Byron approaches, lawmakers are trying everything to save it. One of those efforts is House Bill 1472. State Representative, and co-sponsor of the bill, Dave Vella, says the bill would act as a

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Nuclear subsidy gets new challenge

Asking NJ court to undo nuclear subsidy | NJ Spotlight News NJ ratepayer advocate asks Supreme Court to consider decision on $300 million subsidy. Regulators are poised to add more New Jersey Rate Counsel Director Stefanie Brand is asking the New Jersey Supreme Court to reverse last month’s appellate court decision upholding the award of

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