homeWelcome, sign in or click here to subscribe.login
     


 

 

Construction


Subscriber content preview

May 24, 2018

N.J. OKs $300M annually to rescue nuke industry

  • PSEG says its plants might not be viable in two years given other cheaper fuels.
    • By MIKE CATALINI
    Associated Press

    SOUTH BRUNSWICK, N.J. — Legislation that would authorize $300 million annually to rescue New Jersey's nuclear energy industry — a request for financial help made by the state's largest utility company — was signed into law Wednesday.

    Gov. Phil Murphy, a Democrat, also signed a measure aimed at strengthening the state's renewable energy goals. The nuclear measure will be funded by ratepayers; the cost of the renewable energy legislation is unclear.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.