Planning & Economic Development

Illinois Nuke-Plant Exits Poised to Gut Small-Town Budgets

Illinois Nuke-Plant Exits Poised to Gut Small-Town Budgets (Bloomberg) — Two Illinois communities are getting a lesson in the dangers of relying too heavily on one taxpayer as Exelon Corp. prepares to close a pair of nuclear power stations next year, eliminating thousands of well-paying jobs and eviscerating local budgets.

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PSEG applies to keep $300M annual subsidies for South Jersey nuclear plants

PSEG asks for $300M for South Jersey nuclear plants | NJ Spotlight News Public Service Enterprise Group yesterday filed an application to retain $300 million in ratepayer subsidies annually to keep its fleet of nuclear plants in South Jersey operating. The application, filed with the New Jersey Board of Public Utilities, rekindles a dispute over

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A 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.

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What’s next for Duane Arnold nuclear plant?

What’s next for Duane Arnold? Duane Arnold Energy Center near Palo did not restart after the Aug. 10 derecho caused “extensive” damage to its cooling towers. As decommissioning work begins, here’s what we know: How many people did Duane Arnold employ? As of 2018 when decommissioning was announced, about 500 worked at the facility.

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Byron station response committee established

Byron station response committee established A group of Ogle County organization representatives won’t be taking the Byron nuclear plant’s planned closure lying down. An announcement was made last Friday about the formation of the Byron Station Response Committee, which plans to develop a “collaborative, broad-based response” to Exelon’s announcement of its intent to close Byron

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Ohio AG Dave Yost sues to block House Bill 6 nuclear bailout money from being paid out

Ohio AG Dave Yost sues to block House Bill 6 nuclear bailout money from being paid out COLUMBUS, Ohio–Attorney General Dave Yost on Wednesday filed a civil lawsuit seeking to block the owner of two Northern Ohio nuclear power plants from receiving any of the $1.3 billion in public bailout funds approved under House Bill

Ohio AG Dave Yost sues to block House Bill 6 nuclear bailout money from being paid out Read More

Davis-Besse’s future in lawmakers’ hands with House Bill 6 measures

Davis-Besse’s future in lawmakers’ hands with House Bill 6 measures Known as House Bill 6, the legislation provided a $1 billion bailout for the nuclear plants while also doing away with a 2008 law the Ohio General Assembly had passed by a wide margin 12 years ago to mandate more investment in renewable power and

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Byron residents pull together in hopes of saving nuclear plant

Byron residents pull together in hopes of saving nuclear plant BYRON, Ill. (WTVO) – The Byron School Board formed the Byron Station Response Committee last week to identify and mobilize groups that will work to keep the nuclear power plant there open. Exelon announced it would close the Byron Generating Station last month, blaming declining

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Proposed bill carries big bonus for Vernon

Proposed bill carries big bonus for Vernon VERNON – A bill introduced in Congress by Vermont’s three-member congressional delegation concerning the decommissioning of nuclear power plants would provide a stunning financial windfall for the town of Vernon – up to $18 million a year. The bill, the Nuclear Decommissioning Act of 2020, is co-sponsored by

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