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New Jersey regulators open docket to shape nuclear subsidies
Utility Dive: New Jersey's ZEC program will be carefully crafted to try and avoid directly interfering in wholesale electricity markets, which are regulated by the Federal Energy Regulatory Commission. But with the Illinois and New York programs both in court, a challenge is likely.
The ZEC program will be constructed to value the emissions-free attributes of nuclear power, rather than the energy itself. But the BPU must work quickly: regulators face an April 2019 statutory deadline to complete the proceeding.
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