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Proposals to phase out coal and natural gas plants stall energy talks in Springfield as Senate again leaves town without a deal

Proposals to phase out coal and natural gas plants stall energy talks in Springfield as Senate again leaves town without a deal
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As lawmakers scramble to avoid threatened nukes shutdown, Pritzker pitches plan that would cost ComEd ratepayers nearly $3 more a month

With lawmakers set to return to Springfield next week to vote on an energy policy overhaul, an outline of Gov. J.B. Pritzker’s latest plan shows customers would pay nearly $3 ....

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Uranium Week: Investment Vehicle Concludes Raising

As the uranium spot price continues a four-week winning streak, Uranium Participation Corp concludes an equity raising to fund future purchases of uranium ....

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Lawmakers urged to pass Illinois bill : Nuclear Policies

Groups representing academics, activists, engineers, environmentalists, entrepreneurs, unionists, and concerned citizens have written to Illinois lawmakers urging them to pass a bill that would create carbon mitigation credits for four nuclear plants - including two that are at risk of closure - before the current legislative session ends on 31 May. ....

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Independent auditors recommend financial support for Illinois plants : Corporate

20 April 2021
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An independent financial audit requested by the state of Illinois has found the Byron and Dresden nuclear power plants face real risk of becoming uneconomic in the near term. State support could help provide security for the plants to be part of a strategy for Illinois to transition to less carbon-emitting resources, the report finds.
Exelon s six nuclear plants in Illinois (Image: Exelon)
Exelon Generation announced last year that the two-unit Byron and Dresden nuclear power plants will both be retired in 2021, citing unfavourable market rules in the the PJM capacity auction. The company at that time warned that further plants would also be at risk of premature closure due to these unfavourable market rules. The Illinois Environmental Protection Agency in January appointed Cambridge, Massachusetts-based Synapse Energy Economics Inc to carry out the audit of claims by Exelon Corporation about the financial outlook for its Byron, Dresden, Brai ....

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