Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, April 20, 2016

Exelon Says Clinton NPP Future Requires "Urgent" Policy Fix

Exelon Says Clinton NPP Future Requires "Urgent" Policy Fix

Exelon Corporation said Friday that its Clinton nuclear plant, 23 miles southeast of Bloomington, Ill., had cleared the 2016-2017 Mid-continent Independent System Operator (MISO) capacity auction, which meant that it would continue to operate through May 31, 2017, although its future after that would rely in an "urgent" policy fix.

The company said it was “committed to operate” the plant through May 2017; “however, the plant continues to lose money and will have to be shut down unless a combination of market and energy policy reforms are implemented to level the playing field for all zero-carbon resources and recognize nuclear energy for its environmental, economic, rate stability and reliability benefits.”

Exelon said it would not wait indefinitely to make a decision on the future of the plant past the fifth month of 2017. It would make that decision sometime this year, the company said. Read more or comment
http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2016/04/18/exelon-says-clinton-npp-future-requires-_2200_urgent_2200_-policy-fix-041802#.Vxf23HCGhRl

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