Exelon's Quad Cities Shutdown Moving Line In the Sand.

The new monies shouldn't go to CEO bonuses or to artificially boost the price of their faltering stock price. You should sign a contract with them with new grid monies, forcing them to "make new" the Quad Cities two plant facility. Completely overhaul the facility! And I am telling you, it is going to be costly...

This has the ability to collapse the safety culture of a plant, the good and highly experienced guys heading for the doors. These guys have been putting off doing the bigger maintenance jobs, they will never catch up with these poorly cared for obsolesced plants.

These creaky "junk plants" can make a lot of money for Exelon if they aren't forced to bring these plants up to current standards.

I still say Exelon is blackmailing Illinois with these junk plants. We will hollow out many thousand of state jobs if you don't come up with a new grid formula. I would never trust the word of a blackmailer.

Quad Cities Generating Station

 

Exelon warns Cordova nuclear power plant could close in 2017

Posted: Monday, August 17, 2015 5:38 pm | Updated: 5:38 pm, Mon Aug 17, 2015.

qconli

MOLINE -- Exelon could close its Quad Cities Generating Station near Cordova in 2017 if Illinois lawmakers do not approve a new energy bill this fall, according to William Stoermer of the company.

Mr. Stoermer also said Exelon must be able to successfully sell its power at upcoming energy auctions, the first scheduled for Friday.

The auctions hosted by PJM -- the Northern Illinois Regional Transmission Operator that supplies power to parts of 13 states -- are designed to ensure enough energy is available to meet customer demand, Mr. Stoermer said. PJM is planning three auctions within four weeks of each other.

Mr. Stoermer said Friday's auction is for power distribution in 2018-2019.

"While we certainly anticipate we would clear that auction, there is a possibility that we will not," Mr. Stoermer said. "If we do not clear that auction, that means our power can't be sold into PJM during that time frame.

"So it's essential that we clear the auction," he said. "If we don't clear any of those auctions, then the legislation in Springfield becomes even more important to us."…