Editorial: Nuke subsidies need greater scrutiny

Salem nuclear power plant, new jersey

MYCENTRALJERSEY.COM – PSEG Nuclear has stepped up as the first – only? – company to apply for hundreds of millions of dollars in annual subsidies from ratepayers to keep its South Jersey plants sufficiently profitable.

We say “sufficiently,” of course, because the issue at hand isn’t whether the plants continue to make money. They do, a fact reinforced by an independent report estimating that the PSEG plants in Salem and Hope Creek will operate with a surplus through at least 2021. But this is about making enough money to be worth PSEG Nuclear’s time and effort …

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