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Latest U.S. State to Offer Nukes a Lifeline Is Connecticut

  • Governor will review bill in context of overall budget
  • Nuclear reeling under competition from cheap gas, renewables
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Photographer: Carla Gottgens/Bloomberg
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Connecticut took a step toward propping up nuclear energy on Thursday, wading into a national debate over how to keep aging reactors running that’s become so intense that even the Trump administration is weighing in.

A bill passed Thursday and sent to Connecticut Governor Dannel Malloy directs agencies to consider above-market power agreements for Dominion Energy Inc.’s Millstone plant, the state’s sole nuclear plant. In seeking to shore up its profitability, Connecticut is following in the footsteps of New York and Illinois which have already offered subsidies to keep money-losing operations there open.