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 Exelon Corp Quad Cities Nuclear Plant Unprofitable 
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Joined: Mon Jan 28, 2013 7:40 pm
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Location: Illinois
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The owner of Illinois' 11 nuclear reactors must decide next month whether to close its Quad Cities plant, one of three generating stations Exelon Corp. has said are in danger of closing if lawmakers don't approve a surcharge on electric bills to boost profits.

Exelon says it should be rewarded for producing reliable, carbon-free electricity that will help Illinois meet an Obama administration mandate to reduce greenhouse gases. But opponents say ratepayers should not have to bail out an unprofitable plant for a private company that's still making money.

The company learned that one of the at-risk plants — in Byron in northern Illinois — is going to make millions after a recent electricity reliability auction, while the future of the third plant, Clinton in the central part of the state, is still in doubt.


FULL STORY:

http://www.chicagotribune.com/news/local/breaking/ct-exelon-quad-cities-nuclear-plant-20150830-story.html

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Sun Aug 30, 2015 7:00 pm
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