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Friday
Jan092015

"Has Exelon been crying wolf?"

A map of Nuclear Illinois, prepared by NEISAs reported by Kari Lydersen of Midwest Energy News in an article entitled "Illinois report says Exelon nuclear straits not so dire," a massive bailout of $580 million per year at ratepayer expense may not be justified. Chicago-based Exelon, the country's single largest nuclear utility, has lobbied the Illinois legislature for the hand out, in order to prop up five (of 11 still operating) atomic reactors in the state, at risk of closure due to their inability to economically compete on the open market. This report was mandated by a legislative resolution rammed through over public objections earlier this year due to Exelon lobbyist pressure.

David Kraft, Executive Director of Chicago-based Nuclear Energy Information Service (NEIS), was quoted. More.