Skip to content
Subscriber Only
Business
Climate changed

New Jersey Isn't Waiting for Trump to Come Up With a Nuclear Fix

  • State would follow in footsteps of New York, Illinois
  • Biggest utility warning of nuke closures within next two years
1494304951_uk energy power
Photographer: Simon Dawson/Bloomberg
Updated on
From

While the Trump administration’s efforts to bolster money-losing nuclear plants have hit a potential hitch, New Jersey may press ahead with a rescue plan of its own.

Lawmakers are exploring legislation after the state’s biggest utility warned that its reactors are at risk of being shut down in the next two years without a “safety net” because they’ll be unable to cover their costs. Nuclear accounts for almost half of the electricity generated in New Jersey.