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Thursday
Jul302015

Exelon threatens to close three reactors by early next year, absent $1.8 billion IL bailout

NRC file photo of two-reactor Quad Cities nuclear power plant in ILScott Stapf of the Hastings Group's tweet put it well: Nuclear blackmail: Exelon threatens to kill Quad Cities plant if IL lawmakers don't hand over loot.

As reported by Crain's Chicago Business, despite a windfall compliments of regional grid operator PJM (provided at ratepayer expense), Exelon Nuclear is nonetheless still threatening to close its two reactors at Quad Cities, unless the Illinois State Legislature provides it another massive bailout, to the tune of $1.8 billion.

Exelon has also said its downstate single reactor plant, Clinton, could be next to close, early next year, absent the state bailout. More.