WiredInUSA June 2016

INDEX

Closure plans for two of Exelon’s nuclear power stations?

Power plants face closure

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.

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