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wiredInUSA - June 2016
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Exelon is considering closing two nuclear
power stations in Illinois because they are
no longer profitable.
According to Exelon, the Clinton and
Quad Cities nuclear power plants have
cost the utility over $800 million over the
last six years, blaming the loss on the effect
of natural gas driving down prices on the
electricity market.
In an effort to keep the facilities open,
Exelon andComEd are lobbying legislators
to pass the “Exelon Bill” (SB-1585) which, by
granting a rate increase, would subsidize
the two plants.
If the rate increase was not approved
by 31
st
May, when Illinois legislature
adjourned, and Exelon was unable to
source any additional income, the plants
look set to close.
Illinois is a net exporter of electricity, and
the closure of the two nuclear power
plants will not affect grid capacity or
stability.
wiredInUSA - June 2016
Power plants face closure
Closure plans for two of Exelon’s nuclear power stations?
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