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Exelon makes another try for energy changes that critics call bailout

Exelon makes another try for energy changes that critics call bailout Exelon is trying to orchestrate an unlikely end-of-session deal to pass far-reaching legislation to prop up what it says are financially struggling nuclear power plants, threatening to close them and eliminate hundreds of jobs if lawmakers don’t act. The scene is a repeat of … Continue reading Exelon makes another try for energy changes that critics call bailout

Moniz: Closing Nuclear Plants Poses ‘Huge Problem’

Moniz: Closing Nuclear Plants Poses ‘Huge Problem’ May 19 — Energy Secretary Ernest Moniz called the growing number of closures of nuclear reactors in competitive, deregulated markets a “huge problem.” “The importance to incentivizing continued operation [of nuclear plants], I think, is very clear, but the solutions are less clear,” Moniz said at a May … Continue reading Moniz: Closing Nuclear Plants Poses ‘Huge Problem’

The United States’ newest nuclear power plant has taken 43 years to build

The United States’ newest nuclear power plant has taken 43 years to build This summer, if all goes according to plan, the second reactor at Watts Bar Nuclear Power Plant will begin supplying power to the US electrical grid. Construction on the reactor in Spring City, Tennessee, has proceeded in fits and starts since the … Continue reading The United States’ newest nuclear power plant has taken 43 years to build

Former nuclear power plant employee admits to selling secrets to China

Former nuclear power plant employee admits to selling secrets to China KNOXVILLE, Tenn., April 30 (UPI) — A former senior employee of a U.S. government office in Tennessee admitted to selling U.S. nuclear secrets to China, the U.S. Attorney’s Office said. Court records released Friday, from a case kept sealed for more than a year, … Continue reading Former nuclear power plant employee admits to selling secrets to China