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Illinois General Assembly split on the idea of bailing out Exelon’s financially distressed nuclear station

Bill to help Clinton nuclear plant on back burner  Bloomington Pantograph Dan Petrella dan.petrella@lee.net SPRINGFIELD, 20 May 16  — It remains unclear whether the Illinois General Assembly will act before the scheduled end of its spring session on legislation that Exelon Corp. says is essential to the future of its financially struggling nuclear power plants in Clinton and near the Quad Cities.

Near the end of a committee hearing Thursday that lasted more than three hours, Democratic Sen. Mattie Hunter of Chicago, chairwoman of the Senate Energy and Public Utilities Committee, said the measure won’t be coming to the Senate floor for a vote anytime soon.

Exelon has said that it will shut down the Clinton Power Station next year “if adequate legislation is not passed that properly values nuclear power for its economic, environmental and reliability benefits during the spring Illinois legislative session scheduled to end May 31.”…….

“It appears our committee is split,” Hunter said. “I don’t know if we even have enough votes to get it passed anyway.”…..

Exelon’s proposal also faces stiff opposition from groups like AARP Illinois, the Illinois Public Interest Research Group and the Illinois attorney general’s office. Opponents say a shift in the way customers are charged could result in wide month-to-month variations in power bills. http://www.pantagraph.com/news/state-and-regional/bill-to-help-clinton-nuclear-plant-on-back-burner/article_4f2fcbbf-84bd-52a5-a2e0-991c7e7fda74.html

May 21, 2016 - Posted by | politics, USA

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