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« Davis-Besse: Economic powerhouse, or house of cards? | Main | FirstEnergy seeks multi-billion dollar ratepayer bailout in Ohio to prop up dirty, dangerous, and uncompetitive coal burner & atomic reactor »
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:

“It’s only as bad as the state losing any other large employer...With proper response and planning, Illinois can get through this, and be stronger and further ahead in developing a true long-term energy plan than it otherwise would have done.”

Kraft said nuclear critics are still furious about the process resulting from the House resolution, which he characterized as “panic-peddling” driven by “half-truths.” He was upset there was no public input or oversight involved in the agencies’ report, but he is encouraged by the result nonetheless.

“Even though Exelon did their best to convince everyone that the sky is falling here in Illinois,” he said, “Even a poorly mandated, non-funded, abstract-model-heavy analysis could not reach that conclusion.”

See the map of Nuclear Illinois, prepared by NEIS (above, left). To see a larger format version of the map, and to learn more about Nuclear Illinois, visit NEIS's website section devoted to the topic.