Tag Archives: Exelon

PRESS RELEASE: “Polar-vortex resistant nuclear” not so “resistant” after all

“Polar-vortex resistant nuclear” not so “resistant” after all

 CHICAGO—Nuclear proponents like Exelon Corporation are quick to claim that nuclear power was “reliable energy” during last year’s “polar vortex” days compared to its fossil fuel rivals.snowflake2

It seems that crowing may have been premature.

The Pilgrim-1 nuclear reactor near Plymouth, MA, was closed today by the heavy snow storm buffeting the Northeast.

The reactor had already been reduced to 20% output as a “precaution” prior to the storm’s arrival when transmission lines connecting the reactor to the power grid failed.  This caused the Continue reading PRESS RELEASE: “Polar-vortex resistant nuclear” not so “resistant” after all

Illinois Would Survive Closure of 5 Exelon Reactors, Report Indicates

CHICAGO—Despite some notable flaws, a report assembled by 4 state agencies to study the effects of closing five uneconomic Exelon nuclear reactors in Illinois came to a reassuring conclusion:  Illinois will survive, and WITHOUT having to bail out Exelon’s reactors with $580 million.

The Report, “POTENTIAL NUCLEAR POWER PLANT CLOSINGS IN

Exelon's unprofitable Byron nuclear reactors, threatened with closure if the Illinois Legislature does not "appreciate" them more with a bailout.
Exelon’s unprofitable Byron nuclear reactors, threatened with closure if the Illinois Legislature does not “appreciate” them more with a bailout.

ILLINOIS: Impacts and Market-Based Solutions,” was mandated by HR1146 in May of 2014 to study the effects on the Illinois economy and electric power reliability should Exelon decide to close 5 unprofitable nuclear reactors it operates in Illinois. Continue reading Illinois Would Survive Closure of 5 Exelon Reactors, Report Indicates

PRESS RELEASE: NUCLEAR INDUSTRY REPORT: DELIBERATELY DESIGNED TO MISLEAD LEGISLATURE? —  WATCHDOG WONDERS

CHICAGO—  A study released Thursday (Oct. 2, 2014) by the nuclear power trade group alleging dire economic consequences

Exelon's unprofitable Byron nuclear reactors, threatened with closure if the Illinois Legislature does not "appreciate" them more with a bailout.
Exelon’s unprofitable Byron nuclear reactors, threatened with closure if the Illinois Legislature does not “appreciate” them more with a bailout.

for Illinois should  currently unprofitable nuclear reactors be closed by Exelon Corporation leaves safe-energy advocacy groups wondering – was this report designed to deliberately mislead the Illinois Legislature?

Continue reading PRESS RELEASE: NUCLEAR INDUSTRY REPORT: DELIBERATELY DESIGNED TO MISLEAD LEGISLATURE? —  WATCHDOG WONDERS

PRESS CONFERENCE – NUKE INDUSTRY ‘GAMING’ EPA CARBON RULES TO BAIL OUT OLD NUKE PLANTS, KILL RENEWABLES

WASHINGTON—The Nuclear Information and Resource Service (NIRS) held a press conference on September 11th with five safe-nirsenergy advocates to announce the release of an important study.  “Killing the Competition The Nuclear Power Agenda to Block Climate Action, Stop Renewable Energy, and Subsidize Old Reactors,” exposes the activities of nuclear utilities, especially Exelon Corporation, designed to use the EPA’s newly released draft carbon rules as a means to subsidize unprofitable old nuclear reactors, and stifle renewable energy and energy efficiency growth. Continue reading PRESS CONFERENCE – NUKE INDUSTRY ‘GAMING’ EPA CARBON RULES TO BAIL OUT OLD NUKE PLANTS, KILL RENEWABLES

PRESS STATEMENT: Legislature Should Oppose Exelon Bailout

Company seeks to scam EPA carbon rules to subsidize nuclear power in Illinois and nation

Exelon’s scheming to garner subsidies for unprofitable nuclear plants in Illinois uses the recent EPA carbon standards rule as a fig leaf for the enormous rip off it represents.  It should be opposed by the Legislature.

Exelon’s nuclear plants have been paid for numerous times over by ratepayers:  through the rate hikes that built them; through the estimated $6-$11 billion in “stranded costs” awarded them when Illinois went from a regulated to a market-based system; and in the $21 billion CUB reports these plants have earned Exelon in the last decade alone[1].    Continue reading PRESS STATEMENT: Legislature Should Oppose Exelon Bailout

Speaker Madigan, Exelon Declare “Nuclear War” on  Renewables, Pass HR1146

Resolution prelude to “bailout” for unprofitable nukes, national anti-renewables campaign

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Board Member Linda Lewison in discussion with ELPC’s Barry Matchett in Springfield

CHICAGO— By voice vote the Illinois House approved a resolution introduced by House Speaker Michael Madigan with extensive cooperation from Exelon Corporation that would create massive subsidization of unprofitable Exelon nuclear plants in Illinois, and do serious damage to the growth of the renewable energy sector.

HR1146, the Nuclear Power Plant Closure resolution was introduced by Speaker Madigan only last Friday, May 23rd, largely at the behest of Exelon Continue reading Speaker Madigan, Exelon Declare “Nuclear War” on  Renewables, Pass HR1146

ILLINOIS NUCLEAR “HOSTAGE” CRISIS — EXELON TO CLOSE BYRON NUKE, AX 2,300 JOB WITHOUT STATE “HELP”

EXELON NUCLEAR – HOLDING ILLINOIS HOSTAGE YET AGAIN?

byron closeThe business press has announced that Exelon Corporation now considers the two Byron nuclear reactors south of Rockford as candidates for closure, joining a list that included the two old Quad Cities reactors, and the single Clinton reactor in central Illinois.

CEO Chris Crane and other Exelon executives state that these reactors are losing money, or simply not profitable enough to operate in a current energy Continue reading ILLINOIS NUCLEAR “HOSTAGE” CRISIS — EXELON TO CLOSE BYRON NUKE, AX 2,300 JOB WITHOUT STATE “HELP”