Do Coal and Nuclear Generation Deserve Above - Market Prices ?

Attributed Authors: Amory Lovins Published: Jul 2017
 

All 14 current rationales for mandating or subsidizing uncompetitive coal and nuclear plants lack technical merit or would favor competitors instead. Subsidizing distressed nuclear plants typically saves less carbon than closing them and reinvesting their saved operating cost into severalfold-cheaper efficiency. Carbon prices, not plant subsidies, best recognize decarbonizing attributes. Grid reliability needs careful integration of diverse, distributed demand-side and renewable resources, using competitive market processes and resilient architectures, but does not require “baseload” plants.

Tags: zero emission credits, nucleear subsidies, capacity markets, coal subsidies, Amory Lovins