California regulators pulled the remaining subsidies offered for constructing buildings that rely on natural gas or propane in a move to support decarbonization and incentivize electrification. After eliminating natural gas line extension subsidies for all mixed-fuel buildings in 2022, the California Public Utilities Commission (CPUC) earlier in December struck electric line extension subsidies for new…
Subsidies
Articles from Subsidies
Mexico Paying Billions in Electricity Subsidies as Gas Prices Rise, Expert Analyst Says
Given the high price environment for natural gas and the insistence of President Andrés Manuel López Obrador not to raise electricity prices, Mexico is likely to pay more than 73 billion pesos ($3.6 billion) in electricity subsidies this year, Oscar Ocampo, Coordinator for Energy at the Instituto Mexicano para la Competitividad (IMCO) told NGI’s Mexico…
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.
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.
‘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.
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.
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.
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.
Natural Gas Interests Look to FERC as Nuclear Subsidies Gain More Ground
Now that four courts in Illinois and New York have upheld subsidies for nuclear power plants, representatives of the natural gas interests battling them are looking to FERC for a prescription to counter the state programs and their effects on wholesale electricity markets.
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.