Bottom line, Exelon 10 years ago owed the employees a brand new facility. They should have had a replacement facility up and running ten years ago, the current facility now in decommissioning.
Future uncertain for Quad Cities nuclear plant
CHICAGO (AP) — Exelon Corp. has until Oct. 1 to decide if it'll close its unprofitable Quad Cities nuclear plant, and is still pushing state lawmakers for a fix. The company says the two-reactor plant in Cordova is losing money because of high costs of moving electricity along transmission lines shared with wind power and increased competition from lower-cost natural gas-fired plants.
Exelon is asking legislators to approve a monthly surcharge on consumers' electricity bills that would generate about $300 million annually to help keep unprofitable plants open. Company officials say that's fair because renewable energy like wind and solar receive subsidies. But opponents say Exelon is a profitable company and doesn't need a bailout for a few unprofitable plants. They say Illinois should concentrate on increasing the market for renewable energy and promoting energy efficiency programs.
Clinton nuclear plant owner to decide facility's fate
The company learned that one of the at-risk plants – in Byron – is going to make millions after a recent electricity reliability auction, while the future of the third plant, Clinton in the central part of the state, is still in doubt.