Wednesday, March 5, 2014

Report: Exelon Warns Ill. Legislators of Possible Nuclear Plant Closures at Byron, Quad Cities and Clinton

Report: Exelon Warns Ill. Legislators of Possible Nuclear Plant Closures at Byron, Quad Cities and Clinton

Exelon executives and lobbyists have reportedly warned legislators in Illinois that several reactors employing 2,300 people in the state might be shut down unless market conditions improve.

Citing off-the-record interviews and documents circulating in the state legislature, Crain's Chicago Business reported Monday that the Byron, Quad Cities and Clinton plants are at risk of closure. In addition to an abundance of natural gas holding down wholesale power prices, periods of excess wind generation can drastically cut spot prices and force reactors in the region to operate at a loss Read Morehttp://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2014/03/05/report_3a00_-exelon-warns-ill.-legislators-of-possible-nuclear-plant-closures-at-byron_2c00_-quad-cities-and-clinton-030501.aspx#.UxfAaBlXBDR

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