Posted by 22 August 2018
Three Mile Island may be the most famous nuclear plant in the U.S. The site of an accident in the late 1970s that garnered worldwide attention, the plant is still producing power for Pennsylvania today. It may not remain open much longer, however. To stop this plant from closing, the nuclear industry is lobbying for a bailout from Pennsylvania lawmakers.
Facing competition from lower-priced natural gas power plants, Three Mile Island and other nuclear plants are increasingly unprofitable. The only hope to remain open that the owners of these plants see is a subsidy from the state. In arguing for state help, nuclear advocates point out that these plants generate electricity without any carbon emissions. They say that if Pennsylvania wants to combat climate change, nuclear plants are a vital part of that effort. Subsidy supporters also talk about the hundreds of jobs that will be lost with every nuclear plant closure.
These arguments have met resistance in Harrisburg. Subsidy opponents argue that nuclear plants should compete on the free market. If they cannot offer electricity to consumers at an affordable price, they should shut down. The state, these opponents say, should not prop up unprofitable businesses, and that includes nuclear power plants. Those who are against the subsidy also note that Pennsylvania is a large natural gas producer, so it should welcome the growing use of natural gas for electricity generation to replace nuclear power.
Legislators who support nuclear subsidies formed a caucus during this year’s legislative session in Harrisburg and held hearings that discussed the importance of nuclear power. Three Mile Island is scheduled to close next year, so these legislators will likely begin to press for subsidy legislation soon.
Do you think that Pennsylvania legislators should approve subsidies for nuclear power plants?