Nuclear receives key senate support

by Investor's Business Daily

A clean energy standard that includes nuclear power has the support of Senate energy committee Chairman Jeff Bingaman, D-N.M., as long as it's done in a way that also helps the development of renewable energy.

Bingaman made his position known Mon., following Pres. Obama's call in the state of the union for 80 of the nation's electricity to come from clean sources by 2035. In the past, Bingaman has been skeptical of a broader mandate that includes nuclear power.

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The company applied to the Nova Scotia Utility and Review Board (UARB) last week for various changes, including a "system access charge" of $8 per kilowatt monthly on net metered installations. The vast majority of the province's 4,100 net metering customers are residential customers with solar power, according to the application.

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