US nuclear energy industry struggles as Three Mile Island shutdown looms The owners of Three Mile Island – the site of the worst commercial nuclear power accident in U.S. history – announced earlier this week that it would shutter operations at the plant in 2019 unless the state of Pennsylvania rescues it from its financial … Continue reading US nuclear energy industry struggles as #Three_Mile_Island shutdown looms
Power Market Operators and Participants See a Glimmer of Optimism in Current Chaos Compared to just five years ago, today’s U.S. power landscape has been transformed. Low natural gas prices, market dynamics, technical issues, and policies that favor renewables precipitated the closure of five nuclear reactors since 2013, seven others are slated to shutter soon, … Continue reading Power Market Operators and Participants See a Glimmer of Optimism in Current Chaos
After failing to clear PJM auction, Exelon says Three Mile Island nuke will close in 2019 Thanks to stagnant power demand and cheap natural gas, capacity market prices in latest PJM auction cleared at about $76.50/MW-day for most of the grid, lower than analyst expectations and the $100/MW-day of last year’s auction. That wasn’t enough … Continue reading After failing to clear PJM auction, Exelon says #Three_Mile_Island nuke will close in 2019
Nuclear Reactor Involved In US History’s Worst Meltdown At Risk Of Shutting Down The Pennsylvania power plant responsible for the largest nuclear meltdown in U.S. history faces early retirement, according to nuclear industry officials. Exelon Corporation announced Wednesday that it would have trouble selling electricity generated by the Three Mile Island (TMI) and Quad Cities … Continue reading Nuclear Reactor Involved In US History’s Worst Meltdown At Risk Of Shutting Down
Exelon taps restructuring advisor for power subsidiary – sources U.S. utility holding company Exelon Corp has hired a debt restructuring adviser to help it evaluate options for its merchant power plant subsidiary ExGen Texas Power LLC, people familiar with the matter said on Tuesday. The move comes as merchant power plants such as ExGen Texas … Continue reading Exelon taps restructuring advisor for power subsidiary – sources
Exelon Sells Nearly Half of ExGen Renewables Portfolio Exelon has sold 49% of the membership interests of ExGen Renewables Partners, LLC to John Hancock Life Insurance Company for $400. On March 31, 2017, ExGen Renewables Holdings, LLC (“Holdings”), a wholly-owned subsidiary of Exelon Generation Company, LLC (“Exelon Generation”), and John Hancock Life Insurance Company (U.S.A.) … Continue reading Exelon Sells Nearly Half of #ExGen Renewables Portfolio
Exelon-style nuke bailouts threaten wind, solar (Bloomberg) — The push to save U.S. nuclear plants for the sake of fighting climate change is threatening support for the bread and butter of clean power: wind and solar. New York and Illinois have already approved as much as $10 billion in subsidies to keep struggling reactors open … Continue reading Exelon – style nuke bailouts threaten wind, solar
Exelon Corporation: Local Businesses Booming as Braidwood Generating Station Refueling Outage Gets Underway Braceville, Ill. – Operators at Exelon Generation’s Braidwood Generating Station removed Unit 2 from service early this morning to commence the nuclear plant’s spring refueling and maintenance outage. However, the outage’s positive impact to the local economy began more than a week … Continue reading Exelon Corporation: Local Businesses Booming as #Braidwood_Generating_Station Refueling Outage Gets Underway
Exelon refueling outage complete CORDOVA — Exelon Generation operators returned Quad Cities Generating Station Unit 1 to full power Sunday, successfully completing a scheduled refueling outage at the nuclear plant that began in late March. During the outage, more than 1,600 skilled workers from local unions worked alongside station employees to perform inspections and maintenance … Continue reading Exelon refueling outage complete
James A. FitzPatrick Nuclear Power Plant joins Exelon nuclear fleet Exelon Generation, owner of the nation’s largest nuclear energy fleet, assumed ownership and management of operations of the James A. FitzPatrick Nuclear Power Plant in Scriba, New York. “We look forward to bringing FitzPatrick’s highly skilled team of professionals into the Exelon Generation nuclear program, … Continue reading James A. #FitzPatrick Nuclear Power Plant joins Exelon nuclear fleet
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