Matt Wald The following is a guest post from Matt Wald, senior director of policy analysis and strategic planning at NEI. Follow Matt on Twitter at @MattLWald . Saving the reactors is good for consumers and good for the environment. Independent analyses show that the modest payments needed to keep nuclear reactors in the state’s supply mix will mean sharply lower electricity prices, and are the cheapest way to hold down carbon emissions. The Brattle Group, a consulting firm that specializes in energy, found that electricity in New York would cost $1.7 billion a year extra if the reactors closed. The reason is that the reactors’ output would be replaced by more expensive power. This is inherent in the method that New York uses to set prices: a computer totals up all the available resources, ranked by price, and the level of demand. The computer, which belongs to the New York State Independent System Operator, determines which generators are needed to satisfy demand, a...
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