New York's Nuclear Power Subsidy May Test High Court's FERC Precedent

New York's recently approved subsidy plan for existing nuclear plants' carbon-free generation may face a legal challenge from electricity suppliers and other industry groups who say the plan violates a recent Supreme Court decision rejecting a Maryland incentive for clean generation as an intrusion on federal jurisdiction over wholesale power markets.The claims raises questions about whether the nuclear incentive, part of a broader Clean Energy Standard to require half of the state's power to come from zero-carbon sources by 2030,...