Exelon, which owns six nuclear plants in the state, has said it plans to close its Byron plant on Sept. 13 unless the bill passes. But the real deadline is even tighter than that, with the legislation needing to clear before Sept. 13 in order to keep the plant open, Exelon noted in a statement.
Why is Byron nuclear plant closing?
Pritzker. Exelon is prepared to close the Byron plant in September and the Dresden plant in November because of the nuclear plants’ inability to compete with the cheap power being produced from shale gas, often extracted through hydraulic fracking.
What nuclear plants are closing in 2021?
In total, it appears that 30 plants (nuclear, coal, petroleum, and others) will be retired in 2021. Five nuclear reactors are included in the closure list—Indian Point-3, Byron (two units at the plant), and Dresden (two units at the plant).
Who owns the Byron Nuclear Power Plant?
The plant provides electricity to northern Illinois and the city of Chicago. In 2005 it generated on average about 2,450 MWe, enough power to supply about 2 million average American homes.
|Byron Nuclear Generating Station|
|Construction cost||$4.5 billion (2007 USD)|
Is Dresden closing?
(WIFR) – Byron and Dresden Nuclear Plants will be shut down, according to Exelon on Wednesday. … Staffing at the plants will fall from nearly 1,500 employees when the plant retirements were announced last August, to just 30-40 employees over the next 10 years, according to Exelon.
Is Illinois shutting down nuclear power plants?
Sept 13 (Reuters) – The Illinois Senate on Monday saved two Exelon Corp nuclear power plants from closure by passing a bill that will provide $700 million in subsidies to the company over five years for generating virtually carbon-free power.
What does Diablo Canyon Power?
Diablo Canyon is the state’s only operating nuclear power plant; three others are in various stages of being decommissioned. The plant provides about 9% of California’s power, according to the California Energy Commission, compared with 37% from natural gas, 33% from renewables, 13.5% from hydropower, and 3% from coal.
Why is California shutting down nuclear power?
PG&E Corp. reached an agreement with environmental groups in 2016 to shutter the Diablo Canyon nuclear plant when its operating licenses expire, saying the plant’s energy would no longer be needed as cheap renewable power flooded onto the state’s grid.
Why are there no new nuclear power plants?
While environmental opposition may have been the primary force hindering nuclear development in the 1980s and 90s, now the biggest challenge may be costs. Few nuclear plants have been built in the U.S. recently because they are very expensive to build here, which makes the price of their energy high.
Where does Chicago get its power?
As of March 2019, the state’s net electricity generation by source was 7% natural gas, 30% coal-fired, 54% nuclear (most in the nation) and 10% renewables. The state is served by two electrical grids, ComEd, which spans the northern portion of the state, and Ameren, which serves much of the Midcontinent region.
How many nuclear power plants does Exelon own?
Exelon Nuclear, a division of Exelon Generation, is headquartered in Kennett Square, Pa. and operates the largest U.S. fleet of carbon-free nuclear plants with more than 17,800 megawatts of capacity from 21 reactors at 12 facilities in Illinois, Maryland, New York and Pennsylvania.
Do nuclear power plants lose money?
One late 2018 study found that more than one-third of the 90-plus nuclear reactors throughout the U.S. were unprofitable or scheduled to close. Another study in 2017 by Bloomberg New Energy Finance found that more than half were losing money.
Does Indiana have any nuclear power plants?
No operating nuclear reactors or fuel cycle facilities are located in Indiana. Indiana is not an Agreement State.