Exelon Buys Fitzpatrick Nuclear Plant, Setting The Standard for US Carbon Goals

Exelon Buys Fitzpatrick Nuclear Plant, Setting The Standard for US Carbon Goals

With New York’s passing of a true Clean Energy Standard this week that supports both renewables and nuclear, Exelon Generation has agreed to assume ownership and operations of Entergy Corporation's James A. FitzPatrick nuclear power plant in Scriba, New York. This will save 7 billion kWhs of carbon-free electricity a year, $500 million for the local economy, 600 high-paying direct jobs and over 1,500 indirect jobs. It should serve as a guide to other states, especially Illinois, that are facing similar conundrums of warped markets closing carbon-free nuclear plants and threatening each state’s carbon goals and local economies.

http://www.forbes.com/sites/jamesconca/2016/08/11/exelon-buys-fitzpatrick-nuclear-plant-setting-the-standard-for-us-carbon-goals/#52798a0a1426