ILLINOIS GOVERNOR SIGNS ENERGY BILL AIDING NUCLEAR PLANTS
- Sep 17, 2021 1:01 am GMT
The following information was released by the
In an hour-long ceremony held yesterday at
The bill, which passed the Democrat-dominated
In August of last year, Exelon announced its intention to prematurely retire Byron and Dresden, citing longstanding economic pressures. Without some form of compensation from the state for the plants' environmental and reliability attributes, the company said, Byron would shut down in
Pritzker: "We can't outrun or hide from climate change, not to the north, where the boundary waters burn, not to the south, where Ida swallows lives and livelihoods in the blink of an eye," Pritzker said at the signing ceremony. "There is no time to lose, but what we can do, what we must doand thanks to the Climate and Equitable Jobs Act,
The governor thanked a long list of individuals and organizations for their work on the issues surrounding the legislation, including Synapse Energy Economics, the research and consulting firm hired by the state to scrutinize Byron and Dresden's financial fitness. "[Synapse's] thorough and independent audit of Exelon, and Exelon's willingness to open their books, allowed us to preserve
Rezin: Three Senate Republicans crossed the aisle to vote for S.B. 2408, including Sen.
Exelon: Following Monday's passage of S.B. 2408, Exelon issued a statement saying that it was preparing to refuel its Byron and Dresden nuclear plants as a result of the action taken by the
Exelon also said that once the legislation was signed, the company would move to immediately fill hundreds of vacant positions and resume capital projects required for long-term operation.
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