Planning & Economic Development

Latest tussle over $300M nuclear subsidies rests on financial viability of the units

Are NJ nuclear subsidies optional or essential? | NJ Spotlight News In a reprise of a debate from three years ago over lucrative subsidies to keep New Jersey’s three nuclear power plants from closing, backers and critics squared off over whether to keep charging ratepayers for the $300 million annual payments.

Latest tussle over $300M nuclear subsidies rests on financial viability of the units Read More

Exelon Threatens To Mothball Four Nuclear Power Plants Unless Paid A Premium For Their Zero-Carbon Electricity

Exelon Threatens To Mothball Four Nuclear Power Plants Unless Paid A Premium For Their Zero-Carbon Electricity Lawmakers often turn to federally chartered “Independent Market Monitors” to vet the nuclear industry’s claims that its plants are money-losing. This is an investigation of how one of these expert groups arrived at its striking conclusion about two nuclear

Exelon Threatens To Mothball Four Nuclear Power Plants Unless Paid A Premium For Their Zero-Carbon Electricity Read More

N.Y. Law Spotlights Lost Nuclear Plant Tax Revenue Nationally

N.Y. Law Spotlights Lost Nuclear Plant Tax Revenue Nationally Towns and cities across the country face the major loss of property taxes as nuclear power plants in their borders are shut down. They may be able to make up some of the loss, however, by taxing the nuclear waste storage property that still sits on

N.Y. Law Spotlights Lost Nuclear Plant Tax Revenue Nationally Read More

Illinois AFL-CIO releases updated nuclear impacts report

Illinois AFL-CIO releases updated nuclear impacts report ROCKFORD, Ill. (WIFR) – In response to Exelon’s announcement of the premature closure of two of Illinois’ six nuclear plants – Byron and Dresden, the Illinois AFL-CIO released an updated version of the Brattle Group’s Illinois Nuclear Impacts Report. The report highlights the economic losses and environmental impacts

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First-in-the-nation tax on spent nuclear fuel aimed at helping Indian Point communities

First-in-the-nation tax on spent nuclear fuel aimed at helping Indian Point communities Gov. Andrew Cuomo has signed first-in-the-nation legislation giving the communities around Indian Point the ability to collect taxes on the spent nuclear fuel that will be left behind when the power plant shuts down in April.

First-in-the-nation tax on spent nuclear fuel aimed at helping Indian Point communities Read More

Shutdown Planned for Palisades Nuclear Plant on West Side of State

Shutdown Planned for Palisades Nuclear Plant on West Side of State – DBusiness Magazine The Palisades Nuclear Plant in Covert, Mich. (south of South Haven) is slated for shutdown following an acquisition. New Orleans-based Entergy Corp. and Florida’s Holtec International, through their affiliates, jointly submitted a License Transfer Application on Wednesday with the U.S.

Shutdown Planned for Palisades Nuclear Plant on West Side of State Read More

Not Much Movement Yet on Legislation to Save Two Nuclear Power Plants from Closure

Not Much Movement Yet on Legislation to Save Two Nuclear Power Plants from Closure Morris State Senator Sue Rezin says there hasn’t been much movement on timely legislation to prevent two nuclear power plants in Morris and Byron from closing down late next year. The two power plants are owned and operated by Exelon.

Not Much Movement Yet on Legislation to Save Two Nuclear Power Plants from Closure Read More

Palisades Decommissioning Panel Announced

Palisades Decommissioning Panel Announced The Van Buren County Board of Commissioners is forming the Palisades Community Advisory Panel to educate people on the decommissioning of the nuclear plant. Entergy is shutting it down in the spring of 2022, and Palisades completed its final refueling outage in October. Details about the CAP will be released after

Palisades Decommissioning Panel Announced Read More

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