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Thursday
Jun022016

Exelon announces three reactor closures: Clinton in 2017, Quad Cities 1 & 2 in 2018

As anticipated by WTTW, and now confirmed with Exelon Nuclear filings with the U.S. Securities and Exchange Commission

These three just announced reactor closures now join another already announced reactor closure by Exelon -- Oyster Creek, NJ in 2019. But Ginna, NY and Three Mile Island, PA are also non-competitive, and in serious trouble. Exelon is seeking massive ratepayer subsidies to keep those failing reactors afloat. (See graphic, here.)

But, despite Exelon's apparent moves to follow through on closing three reactors in IL, Crain's Chicago Business reports "Exelon could reverse the decision later if lawmakers act."

As David Kraft, Director of Nuclear Energy Information Service of Chicago, has already advised his members, we will need to remain vigilant.