‘We have to have an answer’ on Ill. nuclear plants by summer’s end, Exelon says An Exelon Corp. executive told Illinois legislators yesterday that the fate of three unprofitable nuclear plants in the state will be decided later this summer and that action on a bill to help them survive must be passed before the … Continue reading ‘We have to have an answer’ on Ill. nuclear plants by summer’s end, #Exelon says
Ratepayers may pay more for nuclear energy ILLINOIS—While some of Illinois nuclear power plants are making millions, others are struggling and nuclear energy advocates say they need help in order to compete. The state bill, supported by the Exelon Corporation, would require public utilities to buy low carbon energy credits subsidizing the company’s plants in … Continue reading Ratepayers may pay more for nuclear energy
ComEd smart grid bill signed into law by Rauner A bill that could outcome in electric price increases through the end of the decade as two main energy organizations move forward on a sweeping grid modernization program was approved Friday by Republican Gov. Bruce Rauner. The measure allows Commonwealth Edison and Ameren Illinois to keep … Continue reading ComEd smart grid bill signed into law by Rauner
Bailout of nuclear power plant would set bad precedent The New York state Public Service Commission and the Cuomo administration will soon decide whether ratepayers can be forced to bail out Exelon, the nation’s largest nuclear power plant operator, and its Ginna nuclear plant, one of the world’s oldest commercial reactors, built near Rochester in … Continue reading Bailout of nuclear power plant would set bad precedent #EXC #Ginna
The biggest player in the beleaguered nuclear power industry wants a place alongside solar, wind and hydroelectric power collecting extra money for producing carbon-free electricity. Exelon Corp. (NYSE: EXC), operator of the largest fleet of U.S. nuclear plants, says it could have to close three of them if Illinois rejects the company’s pitch to let … Continue reading Nation’s biggest #nuclear firm makes a play for green money #EXC
Senate Energy and Public Utilities Committee Passes ComEd’s Energy Plan The Illinois Senate Energy and Public Utilities Committee today passed SB 1879, known as “The Energy Plan for Illinois’ Future,” out of committee. The comprehensive bill expands support for renewable energy in Illinois and ensures that energy consumers and the state economy will continue to … Continue reading Senate Energy and Public Utilities Committee Passes ComEd’s Energy Plan
New GE Hitachi technology aids nuclear power maintenance work GE Hitachi Nuclear Energy (GEH), in coordination with Exelon Generation, today unveiled a new, innovative remotely-operated tool that has successfully enabled nuclear technicians to complete tasks at the bottom of nuclear reactors more quickly and safely. This new tool remotely disconnects – uncouples – control rods … Continue reading New GE Hitachi technology aids #nuclear_power maintenance work
ComEd’s plan to boost smart grid would hit customers’ wallets, critics say Commonwealth Edison on Thursday unveiled a plan that it billed as an expansion of ongoing efforts to overhaul the power grid and invest in renewable energy but that critics said would result in customers paying more to the electricity giant. The proposal joins … Continue reading ComEd’s plan to boost smart grid would hit customers’ wallets, critics say
Utilities experience competition, don’t like it, run crying to regulators ….A while back, holding companies were rushing to buy more generation utilities, since there were big profits to be made from big power plants on wholesale power markets. But a funny thing happened in those markets: They got competitive. In fact, natural gas and wind … Continue reading #Utilities experience competition, don’t like it, run crying to #regulators
Devaluing Oyster Creek power plant is not in New Jerseyans’ best interest As the nation’s oldest commercial reactor, flagged by the Nuclear Regulatory Commission for some recent safety violations, the Oyster Creek nuclear plant is right between the crosshairs. Exelon, the company that runs the Lacey Township plant, plans to retire the facility in 2019. … Continue reading Devaluing Oyster Creek power plant is not in New Jerseyans’ best interest
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