PSEG CEO: N.J. nuclear plants require government intervention to survive
Public
Service Enterprise Group's New Jersey nuclear plants will require
government support similar to what has been granted in Illinois and New
York to survive, according to Ralph Izzo, president, chairman and CEO of
PSEG. "We will not operate those plants long term if they are not
earning their cost of capital," Izzo said.
NJSpotlight.com (New Jersey)http://www.njspotlight.com/stories/17/03/06/pseg-warns-that-without-subsidies-nuclear-plants-could-go-dark/
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