New York Regulators Approve Clean Energy Standard, Saving Nuclear Power Plants, to Achieve 50% Renewables by 2030
In a 4-0 vote, the New York Public Service Commission (“PSC”) approved the Clean Energy Standard to help keep nuclear power online. This decision will provide $965 million in additional revenue for the next 12 years to three nuclear power plants in upstate New York. The three plants eligible for the program are: Exelon Corp’s…