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April 17, 2024
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Illinois Senate Passes Landmark Energy Transition Act
Includes Bailout for Exelon Nuclear Plants
Unit 1 of Exelon's Byron nuclear power plant in Illinois shut down early Monday for re-fueling or for decommissioning if Illinois lawmakers failed to approve legislation providing nearly $700 million in public funding over six year for its Byron and Dresden nuclear plants that the company said cannot compete against gas turbines and subsidized renewable energy.
Unit 1 of Exelon's Byron nuclear power plant in Illinois shut down early Monday for re-fueling or for decommissioning if Illinois lawmakers failed to approve legislation providing nearly $700 million in public funding over six year for its Byron and Dresden nuclear plants that the company said cannot compete against gas turbines and subsidized renewable energy. | Ben Jacobson, CC BY-2.5, via Wikimedia
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The Illinois Senate approved legislation putting the state on a path to 100% carbon-free electric generation and bailing out two Exelon nuclear plants.
GenerationGeneration & FuelsIllinoisMISOPJMState and Local Policy