Basic Facts:
- Location: Braceville, Illinois
- Owner: Exelon Corporation
- Operator: Exelon Corporation
- Construction Cost: $5.6B (2018$)
- Plant Output: 2,400 MW (combined)
- Property Size: 4,500 acres
- Status: At Risk of Closure
- Employees: 830
- Expected Shut Down Date: Unit 1 (2046), Unit 2 (2047)
- Current DTF Balance: $700M (2018$)
- DTF Balance Prior to Decommissioning: $1.3B (2018$)
- Decommissioning Cost Estimate: $1.0B (2018$)
- Spent Nuclear Fuel on Site: 1,345 metric tons
Background
The Braidwood Generating Station consists of two pressurized water reactors. Construction began in 1975 (Units 1 & 2) with licensed operations commencing in 1988.
In 2016, the Nuclear Regulatory Commission granted an additional twenty-year license renewal for both reactors, extending their licensed operational life to 2046 (Unit 1) and 2047 (Unit 2).
Socioeconomics
The Braidwood Generating Station is located within Will County, Illinois. As of 2016, socioeconomic information is as follows:
- Population: 693,000
- Per Capita Annual Income: $48,000
- Unemployment rate (not seasonally adjusted): 3.8%
The annual payroll at the Braidwood Generating Station is approximately $80M and in 2017 the plant contributed $26M in property tax payments.
Contact Information
Economic Development Administration Representative:
- Darrin Fleener, Chicago Regional Office, t: (312) 789-9753, e: [email protected]
Nuclear Regulatory Commission
- Viktoria Mitlyng, Sr. Public Affairs Officer, t: (630) 829-9662, e: [email protected]
- Braidwood 1 and Braidwood 2
Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].
Additional Information
Exelon faces closure of its Illinois NPPs if new legislation is not adopted
Exelon faces closure of its Illinois NPPs if new legislation is not adopted US power utility Exelon said on 19 July that the four nuclear plants serving Chicago and northern Illinois are approaching a combined 41 years, or 15,000 consecutive days, of continuous service at a time when the energy grid is increasingly…
Read MoreIllinois lawmakers question Exelon audit
Illinois lawmakers question Exelon audit SPRINGFIELD – Members of a state Senate committee sharply criticized a recent audit of Exelon’s nuclear power plant operations that suggested ratepayers may need to subsidize two of those plants by as much as $350 million over the next five years. Gov.
Read MoreExelon Threatens To Mothball Four Nuclear Power Plants Unless Paid A Premium For Their Zero-Carbon Electricity
Exelon Threatens To Mothball Four Nuclear Power Plants Unless Paid A Premium For Their Zero-Carbon Electricity Lawmakers often turn to federally chartered “Independent Market Monitors” to vet the nuclear industry’s claims that its plants are money-losing. This is an investigation of how one of these expert groups arrived at its striking conclusion about two nuclear […]
Read MoreA look at Exelon’s 4 economically challenged nuclear plants in Illinois
A look at Exelon’s 4 economically challenged nuclear plants in Illinois Exelon Corp. -owned nuclear power plants in Illinois eyed for early retirement have had declining financial margins of late, according to an analysis using S&P Global Market Intelligence’s plant-level production cost model.
Read MoreExelon’s Crane says decision on nuke closures looming
Exelon’s Crane says decision on nuke closures looming “We will not run plants and lose free cash flow or earnings on assets that are not supporting themselves,” Crane said. “It’s reality,” he added. “We’ve shut two units down in recent years if we could not see a path to sustainability of those assets in the […]
Read MoreChannahon Village Board supports local nuclear power plants
Channahon Village Board supports local nuclear power plants Area nuclear power plants are facing the possibility of closing. According to some local proponents of the Dresden, Braidwood and LaSalle stations, the public needs to jump into the fight to keep them open.
Read MoreReady or not, Springfield preps for an energy-industry rumble
Ready or not, Springfield preps for an energy-industry rumble For decades, major energy initiatives in Illinois have run through two gatekeepers-House Speaker Michael Madigan and Commonwealth Edison. Springfield is preparing to test whether it can fundamentally alter the state’s energy future with those two political powerhouses sidelined. “We have a lot of work to do-and […]
Read More