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