Saturday, November 2, 2013

Exelon Issues Warning About Clinton Power Plant

Exelon Issues Warning About Clinton Power Plant

 Leaders of the company that operates the Clinton nuclear power plant said they may have to end operations there if power prices don't rise.

Officials from Exelon made that statement today when discussing third-quarter earnings.

According to Crain's Chicago Business, Exelon's earnings surpassed analysts' expectations. But the company said if wholesale power prices don't show signs of increasing by late next year, Exelon will begin closing power plants. They note one of the most vulnerable would be their nuclear facility in Clinton--one of five plants Exelon runs in Illinois. 
http://www.wics.com/news/top-stories/stories/vid_14019.shtml

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