Bleak and depressing Exelon historic stock price graph
This is a extraordinarily dangerous solution for Exelon. They won't fund maintenance for long term operations at Quad Cites...they will only fund it to get it through three years. These complex and obsolete plants need a long term maintenance and funding stream. Really, they need to immediately begin to build replacement plants at the site.
Personally this is a extraordinary waste of corporate resources and it indicates these corporate officials are incompetent. It is very expensive. They are basically funding the plant on a day by day bases. They get very little bang for the buck. Long term funding for the plant is much less expensive for the corporations that day by day funding.
The NRC needs to immediately up their inspection resource's at the site...begin to massively document maintenance, operational and funding problems.It is like eating food out every night versus purchasing food at the supermarkets and preparing the food at home for the family.
Improperly funding immediately begins to irreparably damage the safety culture of a complex nuclear plant. It quickly blinds everyone. This has been a on-going problem for many years.
It damages the communications between all employees on site and to the NRC.
Exelon's immediate future secure at Quad-Cities Generating Station
By Stephen Elliott, selliott@qconline.com
CORDOVA -- While the long-term future of Exelon's Quad Cities plant is still in question, the plant will be in operation at least through mid-2017, the company said after the plant cleared the auction for 2016-17 power supply guarantees.
Exelon expects a decision made by Oct. 1 whether Quad Cities plant will continue to operate after May 2017...
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