For economics Exelon is shutting down TMI Unit 1 - 15 years earlier than licensed (2034)
- Sep 20, 2019 5:09 pm GMT
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Another perfectly sound base-load power plant bites the dust of being uneconomical to operate. TMI Unit 1 still has 15 years to go on its current license to operate - as is, where is.
That is to generate clean electrical energy at the lowest cost. Apparently simple logic does not work where subsidized competition chart new ways to suck more taxpayers and ratepayers hard earned cash.
At noon today, Friday, September 20th, the remaining reactor (Unit 1) will generate its last kilowatt of energy and close, a victim not of the anti-nuclear movement but rather of simple economics. Even though the plant is licensed to operate until 2034, Exelon Generation is ceasing operations after the state of Pennsylvania earlier this year refused to throw the company a financial lifeline that would have kept it open.
The plant's four cooling towers will remain part of the landscape for now, foreboding concrete tombstones that seem out of place in the bucolic Susquehanna Valley of central Pennsylvania.