Our discussion included:
- The New York Clean Energy Standards and what they mean
- Payments on the grid, and what types of plants get subsidies
- Effects of Vermont Yankee closing
- Carbon dioxide footprints
- My upcoming book
A hearty thank-you to Pat for inviting me on her show, and for all the preparatory work she does before a show. I hope you enjoy watching!
My opinions about payments to gas-fired plants
In my opinion, gas-fired plants get major subsidies, but they call it "capacity payments." Nuclear plants get these also, but capacity payments are a very small portion of the income for nuclear plants. Capacity payments are a major portion of the income for gas-fired plants.
If gas-fired plants had to make their money selling kWh, they couldn't sell kWh as cheaply as they do. If gas plants didn't get capacity payments, but had to make their money selling kWh, nuclear plants would be very competitive, even with currently-low gas prices.
Some back-up for my statements:
My post on the New York Clean Energy Standards: Clean Air versus Efficiency Charges. Clean Air Wins.
My article in Nuclear Engineering International magazine, about payments on the grid: Pay for Performance and the US grid.
Update: This video was chosen to be the Friday Matinee at the ANS Nuclear Cafe blog. I am very pleased! Life After Vermont Yankee, Part 2--An Interview with Meredith Angwin