Carbon Free New York commissioned The Brattle Group to conduct an impact report focused on New York’s nuclear power fleets. The nuclear power centers included in this study are the R.E. Ginna Clean Energy Center, Nine Mile Point Clean Energy Center Units 1 and 2, and James A. FitzPatrick Elan Energy Center. The Zero-Emission Credit program, which serves as a financial incentive to generate electricity without greenhouse gas emissions, is set to expire in 2029. New York’s nuclear power fleet powers the state’s economy, supports jobs, and delivers carbon-free and affordable energy. This impact report makes the case for continued support of these facilities.
A REMI E3+ macroeconomic model was utilized to complete this case study. The analysis compared a base case where all NY nuclear units operate through 2050, to a comparative case, where Ginna, Nine Mile Point 1, and FitzPatrick retire in 2029, and Nine Mile Point 2 retires in 2032. REMI was used to evaluate changes in tax revenue, employment, and CO2 emissions if New York continued to operate the nuclear units.
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