nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Nuclear industry sulking because Obama is not doing enough for them

Obama’s Green Push Comes At Expense Of Nuclear Power, Daily Caller 6 Nov 15  The nuclear power industry supports President Barack Obama’s plan to force coal plants to close, but a pending Supreme Court case threatens to cause huge problems for nuclear plants.

Currently the Federal Energy Regulatory Commission (FERC) is embroiled in a Supreme Court battle over a program called demand response, which seeks to cut energy use by compensating retail customers who reduce consumption during peak power grid operation. FERC is forcing energy companies to participate, a move that opponents argue exceeds their legal mandate. According to Utility Dive, demand response keeps wholesale energy prices low, cutting into profits in the nuclear and coal industry……….

The court case puts the coal and nuclear power industries on the same side……..

The nuclear power industry is currently in a crisis as recent plant closures mount and the industry struggles to compete with cheaper energy sources in the market, reports The Hill. Entergy, which operates nuclear power plants in America, announced in October it would be closing the Pilgrim Nuclear Plant in Cape Cod. On November 2, Entergy announced another plant closure, this time the James A. FitzPatrick Nuclear Power Plant in Oswego New York, reports Atomic Insights.

In the wake of these closures, the industry has been lobbying the administration to increase government assistance to nuclear power, arguing the nuclear industry holds the key to cleaner air………http://dailycaller.com/2015/11/05/obamas-green-push-comes-at-expense-of-nuclear-power/

November 7, 2015 - Posted by | politics, USA

No comments yet.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.