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ARTICLE ARCHIVE
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Friday
Feb072014

Nuclear utilities beg for bailouts to avert reactor shutdowns, Obama administration appears amenable

In a pair of articles, E&E's Hannah Northey reports that nuclear utility giants such as Exelon and Entergy are lobbying hard for changes to electricity marketplace rules that would enable them to keep uncompetitive atomic reactors operating. For its part, the Obama Dept. of Energy appears poised to do all it can to prop up its favorite dirty, dangerous, and expensive energy industry.

Northey quotes an Exelon spokesman as admitting not just Quad Cities (two reactors) and Clinton (one reactor) in IL are at risk of near-term shutdown, but a total of five reactors altogether, although he would not specify the other two.

Northey also quotes an Entergy official, who compares the risk of numerous additional near-term atomic reactor meltdowns to driving off a cliff.