Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, October 18, 2012

PSEG: New nuke could help solve NJ generation, transmission constraint problems

 PSEG: New nuke could help solve NJ generation, transmission constraint problems

N.J. stands to benefit from new nuclear generation, PSEG says

New Jersey would benefit from the construction of a new nuclear plant as the state addresses power transmission limits and retiring generation capacity, according to PSEG Power. "Fossil fueled resources are projected to have increased generation costs due to pending costs associated with regulations on carbon dioxide emissions," the utility said in a letter to the Nuclear Regulatory Commission. A nuclear facility would help the state meet its goal of producing 70% of power from clean sources by 2050, PSEG said. SNL Financial (free content)http://www.snl.com/Interactivex/article.aspx?CdId=A-16003670-13364

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