Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Request a Quote for Your Business

ENGIE Resources is ready to analyze your historical electricity usage data and present appropriate options. Request now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

New York PSC Staff Proposes Nuclear Power Mandate

February 012016

Staff of the New York Public Service Commission issued a white paper on a new Clean Energy Standard proposed for the state, calling for utilities to purchase power from several struggling upstate nuclear facilities while also boosting renewables and energy efficiency. By 2020, the state’s utilities will need to be supplying 15.7 percent of their forecasted load from nuclear facilities that Gov. Andrew Cuomo has vowed to protect from closure. Plans also call for utilities to grow use of renewables to almost 30 percent across the same time frame, an interim step toward the state’s strategy for reaching a 50 renewables goal by 2030.

http://www.utilitydive.com/news/new-york-regulators-propose-nuclear-power-mandate-in-new-clean-energy-plan/412816/