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PRESS RELEASE: Small modular reactors are still too expensive, too slow, and too risky

As a courtesy to our colleagues at the INSTITUTE FOR ENERGY ECONOMICS AND FINANCIAL ANALYSIS (IEEAFA) , we provide the recent press release regarding a new study showing that renewable energy is far and away superior to new nuclear power as a means of addressing the climate crisis.

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NEIS ACTION ALERT: It’s the “11th-hour, 59th-minute” to stop nuclear moratorium repeal…

Governor Pritzker’s veto needed – YOU can make it happen!

As we previously informed you, on Thursday May 18, the Illinois House passed SB76 – the repeal of the 1987 Illinois nuclear power construction Moratorium. Read more

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ILLINOIS ENERGY TRANSFORMATION #25: NUCLEAR BAILOUT UPDATES – The “Bailout Blues Show”  Continues

Sept. 3, 2021

This originally was going to be a “summer summary” of NEIS’ work.  However, the importance and prominence of the proposed nuclear bailouts at both the Illinois-State and federal levels argued for a delay of that idea, and an update report to people committed to safe-energy and a less-nuclear world and the negative effects of the continued “nuclear hostage crisis” on our carbon-free/nuclear-free future.

ILLINOIS ENERGY BILL MOVES FORWARD, STILL IN LIMBO:

The omnibus energy bill (SB18, amended; now SB1751, House Amendment 1, no link available yet) continues to lurch forward with the surprise Senate passage on Tuesday Sept. 2 in the wee hours Read more

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STATEMENT ON NEW EXELON BAILOUT RANSOM PROPOSAL

Illinois Legislators should oppose Exelon’s current $700 million nuclear ransom demand.  You can’t build an energy future by bailing out the past.

Recent revelations [1] that Exelon’s business partner EDF is curbing its enthusiasm for the creation of Exelon’s spin-off company “SpinCo” should warn Illinois legislators about the danger of granting the recently proposed nuclear bailout [4].

Earlier this year Exelon announced it would be splitting off and segregating its money-losing, unprofitable nuclear reactors into a separate entity called “SpinCo.” Read more

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STATEMENT ON ILLINOIS LEGISLATIVE INACTION ON ENERGY LEGISLATION

STATEMENT ON ILLINOIS LEGISLATIVE INACTION

 ON ENERGY LEGISLATION

Tick…tick…tick…

Everything in its own time.  Or so the old saying goes.  The Illinois Legislature demonstrated that old maxim once again by failing to vote before the end of Spring session on a critical piece of energy legislation designed to create Illinois’ energy future.

The Planet has its own schedule, too.  The Intergovernmental Panel on Climate Change (IPCC) frantically warned in October 2018 that we humans have at best 10 years left – until 2028 – to totally revamp our energy and economic systems, or risk an irreversible climate crisis that could threaten the very functioning of civilization as we have come to know it.  In this regard it’s important to recall another old maxim:  Nature bats last.

Like the grasshoppers in Aesop’s Fable, we, the Governor, and the Legislature ignore this imminent peril, and instead, content ourselves to “Count the victories,” as House Speaker Chris Welch, D-Hillside, advised yesterday as the clock stroked midnight.  Well, looks like it will now be easier to get to-go cocktails.  Come 2029 and beyond, we will need them, and much more. Read more

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