Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×

+ - Central New York nuclear plants struggle to avoid financial meltdown-> 2

Submitted by mdsolar
mdsolar (1045926) writes "As recently as four years ago, nuclear power companies were planning to spend billions of dollars to build a new reactor in Oswego County, alongside three existing nuclear plants.

Then the bottom fell out. Natural gas-burning power plants that benefit from a glut of cheap gas produced by hydrofracking cut wholesale electricity prices in half.

Now the outlook for nuclear power plants is so bleak that Wall Street analysts say one or more Upstate nuclear plants could go out of business if conditions don't change.

Two Upstate nukes in particular — the James A. FitzPatrick Nuclear Power Plant in Oswego County and the R.E. Ginna Nuclear Power Plant in nearby Wayne County — are high on the watch list of plants that industry experts say are at risk of closing for economic reasons."

Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Central New York nuclear plants struggle to avoid financial meltdown

Comments Filter:

The secret of success is sincerity. Once you can fake that, you've got it made. -- Jean Giraudoux

Working...