Subsidies

Massive Natural Gas-Fired Power Plant Moving Forward in Ohio

Massive Natural Gas-Fired Power Plant Moving Forward in Ohio

Construction of what would be one of Ohio’s largest natural gas-fired power plants has started in the heart of the Utica Shale, despite nuclear power subsidies set to take effect next year that have derailed other projects.

September 4, 2019

Nuclear Subsidies Nearing Reality in Ohio After Senate Passes Legislation

The Ohio Senate has passed a bill to prop up two nuclear power plants in the state operated by bankrupt subsidiaries of FirstEnergy Corp.

July 19, 2019

‘Ramifications for Gas Markets’ as Nuclear Subsidies Approved in New Jersey

Yet another state will support nuclear power plants with subsidies as New Jersey regulators last week officially approved a zero emissions credit (ZEC) program that both gas-fired generators and environmental groups had fought.

April 22, 2019

Oil, Gas Industry Urge Supreme Court to Rule Against State Nuclear Subsidies

Trade associations representing the oil and gas industry are urging the U.S. Supreme Court to find that state subsidies used to prop up uneconomic nuclear power plants are unfair because they interfere with FERC’s exclusive authority over wholesale rates in the energy market.

February 12, 2019

Pennsylvania Takes Another Step Toward Legislation to Benefit Nuclear Power

Pennsylvania lawmakers are circulating memos in both the state House and Senate seeking sponsors for legislation that would better support the state’s five nuclear power plants as the facilities continue to face stiff competition from other generation sources such as natural gas.

February 8, 2019
Gas-Fired Generators Ask Supreme Court to Review Nuclear Plant Subsidies

Gas-Fired Generators Ask Supreme Court to Review Nuclear Plant Subsidies

The Electric Power Suppliers Association (EPSA), which overwhelmingly represents independent natural gas-fired electricity generators across the country, has petitioned the U.S. Supreme Court to hear its challenge against subsidies for nuclear power plants in New York and Illinois.

January 9, 2019

PJM Asks FERC for Advice on Power Subsidies in Era of Natural Gas, Renewables

PJM Interconnection on Monday filed a nearly 500-page document with FERC seeking guidance on how competitive wholesale electricity markets should address state subsidies for faltering coal and nuclear power plants, and it put forth proposals to achieve the tricky balance as more legislatures in its service territory consider bailouts for the resources.

April 9, 2018

DOE’s NOPR Subsidies Would Cost Up to $10.6B/Year, Study Finds

Subsidies included in the Department of Energy’s (DOE) recent notice of proposed rulemaking (NOPR) would cost as much as $10.6 billion a year, with the vast majority of the money going to a handful of coal and nuclear companies, according to a cost analysis by Climate Policy Initiative and Energy Innovation.

October 30, 2017

Fossil Fuel Subsidies $500B to $1T Globally, Reports Say

The latest estimates from several sources indicate that fossil fuel subsidies globally are growing, ranging from $523 billion to more than $1.9 trillion, according to a Worldwatch Institute research fellow. Subsidy levels have rebounded back to 2008 levels, according to Philipp Tagwerker.

January 24, 2014

Study Finds Solar Power Cost-Competitive with NatGas by 2025

The outlook for natural gas has never been brighter, but in many areas — including North America, Europe and the entire southern hemisphere — using solar energy to generate electricity could become cost-competitive or even gain a cost advantage over gas-fired generation by 2025, according to a report by Boston-based Lux Research.

December 9, 2013
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