US Clean Energy Standard launched a groundbreaking Public Service Commission as part of its strategy to rescue failing nuclear power plants in the state. New York is essentially offering credits to producers of zero-carbon power, whether they run nuclear plants, wind farms, or solar arrays. This plan will subsidise struggling power plants to the tune of 7.6bn , throwing a lifeline to the beleaguered industry that has been hit by low cost electricity from natural gas plants. In addition, nuclear plants are under threat from a growing interest in renewable technologies such as solar, wind and wave. US taxpayers will subsidise the continuing operation of three to four nuclear power plants through to 2029 at a cost of $ several billion dollars . This approach will help the state to achieve its clean-energy targets.
US Clean Energy Standard launched a groundbreaking Public Service Commission as part of its strategy to rescue failing nuclear power plants in the state. This plan will subsidise struggling power plants to the tune of 7.6bn , throwing a lifeline to the beleaguered industry that has been hit by low cost electricity from natural gas plants. In addition, nuclear plants are under threat from a growing interest in renewable technologies such as solar, wind and wave. US taxpayers will subsidise the continuing operation of three to four nuclear power plants through to 2029 at a cost of $ several billion dollars . This approach will help the state to achieve its clean-energy targets.