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N.J. unlikely to follow N.Y.'s subsidies of nuclear industry

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PSE&G's three plants here are profitable unlike their New York counterparts

PSEG Power's Salem nuclear power plant New York this week handed lucrative subsidies to the nuclear industry to keep a trio of power plants upstate afloat, but New Jersey is unlikely to follow suit anytime soon. Subsidies, which in this case amount to $965 million over two years paid by electric customers, are also being sought...

 

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