Report: New Jersey nuclear plants getting subsidy are viable
TRENTON, N.J. (AP) – A report commissioned by New Jersey regulators before they voted to grant $300 million in utility customer-financed subsidies for the state’s nuclear industry found the plants are profitable. The Board of Public Utilities voted Thursday to approve subsidies for the three nuclear power plants operated by the state’s biggest utility, Public Service Enterprise Group.
About The Author
Jim Hamilton
Jim Hamilton is the Executive Director of The Nuclear Decommissioning Collaborative.
Jim has over twenty-years of experience managing the entire life-cycle (siting, design, permitting, construction, closure, decommissioning, remediation and redevelopment) of large-scale manufacturing, energy and infrastructure facilities throughout North, Central and South America.