This thesis reviews New York State’s recently announced subsidization of nuclear energy, which has been a subject of dissent due to its cost, support for continued nuclear activity, and legal challenges based on potential unfair competition within wholesale energy markets. The study examines trends in New York’s energy market to evaluate the necessity and effects for such in-state nuclear generation subsidies.
Through an analysis of the expected costs, economic impact, and influence on statewide carbon emissions, the true pertinence of this legislation and New York’s motivations behind its implementation can be better understood. Additionally, an exploration of the subsidy’s regulatory framework and the findings of applicable court cases provides insight into the legal debate surrounding the legislation, allowing for an analysis of its legality and significance to future state energy policies and the wider nuclear energy industry.