Owners of old nuclear and coal power generation in the US are on the ropes, because their plants can’t compete with cheaper natural gas and renewables. Some—especially those operating in competitive markets—are simply shutting down, while others are trying a whole host of survival strategies: seeking special payments and subsidies, “around-market reforms,” and even getting states to give up on competitive generation markets and go back to the old regulated utility business. So what are the pros and cons of these strategies, and what are the implications for consumers and for energy transition as a whole? Gavin Bade, an editor at Utility Dive who has written extensively on these topics, leads us through a tangle of legal, technical, and economic implications toward a more clear-eyed picture of how incumbent generators are trying to survive the transition.
Gavin Bade is an Editor at Utility Dive. Before that, Gavin was the editor-in-chief of Georgetown’s alt-weekly newspaper, The Georgetown Voice, and worked for a number of media publishers, including The American Prospect, NPR, the New America Foundation, and WGVU. He has a BS in Culture and Politics from the Walsh School of Foreign Service at Georgetown, and plays a mean jazz baritone sax.
On Twitter: @GavinBade
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Gavin’s articles at Utility Dive
Recording date: April 8, 2017
Air date: April 19, 2017
Geek rating: 5