New York PSC issues proposal to keep upstate nuclear plants open for environmental benefits
The New York State Public Service Commission (PSC) has issued a proposal to keep upstate nuclear energy plants open, supporting the US state to meet long-term environmental and economic standards.
According to the proposal issued by the PSC, advantages of the zero-emission plants prove to be far more than the costs involved.
President of the Central and Northern New York Building and Construction Trades Council Gregory Lancette said: “On behalf of the thousands of working men and women who rely on upstate nuclear energy plants for their jobs and economic livelihood, we thank Governor Cuomo and the PSC for taking a common-sense approach, which recognises that nuclear is critical to the state’s environmental and economic well-being.
“We also must remember that its benefits extend well beyond employees. Nuclear is critical to keeping the lights on and powering both the economy and jobs across the central and upstate regions.”
During the first two years of the PSC programme, economic and environmental benefits related to carbon reductions, supply cost savings, and property tax benefits are estimated to be nearly $5bn. However, during the same period the total attribute payments are estimated to be up to $965m, for a net benefit of $4bn.
President of Rochester Building and Construction Trades Council Dave Young said: “We urge the timely implementation of the Clean Energy Standard (CES) and appreciate it takes a long-term view, recognising the benefits of our upstate nuclear energy plants now to reach our clean energy and jobs goals of the future."