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Subsidies

The nuclear industry has been heavily subsidized throughout its 50+-year history in the U.S. It continues to seek the lion's share of federal funding since it cannot otherwise afford to expand.

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Thursday
Mar052015

"Maryland Attorney General opposes Exelon-Pepco merger, urges regulators to reject"

Logo courtesy of Public Citizen Energy ProgramAs reported by UtilityDIVE, the State of Maryland's Attorney General, Brian Frosh (Democrat), has filed a lengthy submission to the Maryland Public Service Commission on behalf of the State of Maryland and the Maryland Energy Administration, expressing strong opposition to the proposed merger of Exelon Nuclear and Pepco.

As reported by UtilityDIVE:

"This merger will harm Maryland customers, offers no tangible, incremental benefits of sufficiently meaningful value, and is not in the public interest," the document's conclusion reads. "Nothing in the filed testimony, or the evidence adduced during lengthy and comprehensive hearings, changes these facts."

Frosh's filing argues that the proposed merger would open Maryland ratepayers up to undue risk, expose them to anti-competitive harms not addressed by the merger application, and threaten the growth of renewables and distributed energy, among other consequences. Frosh also argues that the companies have not presented compelling plans to mitigate the possible harms:

"The proposed acquisition introduces substantial potential harms to Pepco and Delmarva customers and to the State as a whole, which are not subject to meaningful mitigation,” the brief reads.

Monday
Mar022015

"DC Consumer Advocate Seeks Delay in Exelon-Pepco Proceedings"

Logo courtesy of Public Citizen Energy ProgramAs reported by RTO Insider, Washington, D.C.'s consumer advocate, the Office of People's Counsel (OPC), has requested a months-long delay from the D.C. Public Service Commission in the Exelon-Pepco merger proceeding, because Exelon's recent filings are a "procedural mess." The OPC was joined in its motion to the D.C. PSC by the Apartment and Office Building Association of Metropolitan Washington.

In addition, the article reports, "the American Antitrust Institute asked the U.S. Department of Justice to block the merger or impose mitigation measures."

Thursday
Feb262015

EXELON LEGISLATION, FERC COMMENTS A “DECLARATION OF WAR” ON RENEWABLES AND EFFICIENCY, GROUP ASSERTS

In a press release, Nuclear Energy Information Service (NEIS) of Chicago has warned the energy future of IL is at stake, as Exelon Nuclear lobbyists have unveiled their wish list bill seeking $580 million from state legislators, at ratepayers' expense. In addition, Exelon seeks another $560 million from transmission grid operator, PJM Interconnection, also at ratepayers' expense.

NEIS has been defending IL ratepayers and residents against the state's nuclear utilities since 1981.

Friday
Feb062015

Exelon's Ginna atomic reactor in upstate NY also at risk of near-term shutdown

NRC file photo of Exelon's Ginna atomic reactor on the Lake Ontario shore of upstate NY near RochesterAs reported by the Democrat and Chronicle, Exelon Nuclear's Ginna atomic reactor -- one of the oldest in the U.S. -- is at risk of near-term shutdown. Dr. Mark Cooper of Vermont Law School, in his July 2013 report Renaissance in Reverse, identified Ginna as one of a dozen atomic reactors across the U.S. most at risk of near-term, permanent shutdown, for a variety of safety, financial, and societal reasons.

The 45-year-old Ginna reactor is located in Ontario, NY, near Rochester, on the shoreline of Lake Ontario (photo, left). Exelon is trying to gouge Rochester Gas and Electric (RG&E) ratepayers to prop up its failing Ginna reactor.

It joins five of Exelon's atomic reactors in the utility's home state of IL at risk of permanent closure due to economic uncompetitiveness. Just yesterday, Public Citizen, Maryland PIRG, and others protested at Exelon's Baltimore HQ against the utility's attempt to plunder Mid-Atlantic ratepayers to prop up its failing reactors across the country.

Exelon is also trying to stick it to IL ratepayers, but is not alone in the attempted gouging of its own customers: FirstEnergy has sought permission to overcharge Ohio ratepayers to the tune of billions, to prop up its problem-plagued Davis-Besse atomic reactor near Toledo on the Lake Erie shore, as well as a dirty coal plant on the Ohio River. See Beyond Nuclear's "Nuclear Costs" website section for more news on these and related issues.

Monday
Feb022015

Stop Exelon's Power Grab Regional Solidarity Event (Baltimore, MD), Feb. 5

Logo from Public Citizens' action alertPublic Citizen, Chesapeake Climate Action Network, PowerDC, and others have organized a rally in opposition to the proposed Exelon-Pepco merger, to be held in downtown Baltimore, MD at 10:30am on Thurs., Feb. 5th.

If you live in the area, please consider attending, and spread the word!

As posted at Public Citizen's action alert, here are details:

Stop Exelon’s Power Grab Regional Solidarity Event

  • What: Advocates from Delaware, Maryland and Washington, D.C. will speak out against the proposed Exelon takeover.
  • When: Thursday, February 5 @ 10:30 a.m.
  • Where: Outside Exelon’s Headquarters at 750 E. Pratt Street, Baltimore

Public Citizen asks that you RSVP if you are planning to attend the rally.