The Governor of New York State says Americans will be reading by candlelight unless nuclear is subsidized. The state’s Public Service Commission (NYPSC) implemented such subsidies at the beginning of August, claiming it “learned a lesson from Germany.” Craig Morris takes a look at the data. In short, Germany is paying coal to shut down, ramping up renewables far faster than nuclear shrinks, and enjoying unparalleled power reliability—while New York fails to move with solar and wind, pays nuclear to stay on, and has as much downtime a month as Germany has in a year.
Renew Economy 26th Aug 2016 read more »