jonathan crawford | bloomberg | 14 july 2016
To read the full article in Bloomberg click here.
PA's Matt Mooren, an energy markets expert, is quoted in an article in Bloomberg. The article discusses the potential impact of a piece of renewable energy legislation in Massachusetts on nuclear power.
Commenting on this topic, Matt states: “Historically low wholesale power prices are a bigger threat to nuclear generators than the renewable mandate.”
Matt concludes: “The legislation won’t have a major impact on nuclear relative to what natural gas prices are already doing. While it is a negative as it relates to base load nuclear economics, it’s not as big of a negative.”