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Wednesday
Nov062013

"Nuclear giant taps wind tax credit that it's trying to kill"

Greenwire has published an article by Hannah Northey, E&E reporter, exposing the hypocricy of Exelon for exploiting the very wind power subsidy that it has attacked as giving the wind power industry an unfair competition advantage.

The article reports: "Amy Grace, a North American wind analyst at Bloomberg New Energy Finance, pegged Exelon's wind PTCs [Production Tax Credits] for 2013 at $75 million to $100 million based on the company's 1.3 gigawatts of wind projects."

The American Wind Energy Association expelled Exelon from its membership in 2012 for Exelon's lobbying to kill the wind power production tax credit.

The IL reactors Exelon has identified as at risk of closing due to being outcompeted by wind power are: Clinton, Byron 1 & 2, and Quad Cities 1 & 2.

Quad Cities twin units are identical in design to Fukushima Daiichi Units 1 to 4 -- GE BWR Mark Is.

The near-term risk of closure comes despite Quad Cities already receiving a 20-year operating license extension rubberstamp from NRC, and Byron 1 & 2 having applied for one as well.