LS Power Threatens to Pull $500M OH Project if Nukes Get Subsidies
LS Power, which owns a number of competitive power generation projects including the 700 megawatt dual-fuel simple cycle Troy Generating Facility located in Luckey, OH, is threatening to pull a $500 million plan to expand the Troy facility if Ohio proceeds to pass a new law subsidizing the state's two nuclear plants. The subsidies would create an uneven playing field for natural gas-fired electric plants like the Troy facility.
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