Choosing Between Dependable and Intermittent Clean Sources of Energy
On June 2 Exelon announced the early retirement of two nuclear power plants (Quad Cities and Clinton) in Illinois. On June 21 Pacific Gas and Electric announced a decision to close the Diablo Canyon nuclear plant in California. Those decisions have been explained in part on cost. The plants are aging, maintenance cost has been increasing, and low natural gas prices have reduced the cost of competing electricity. When a nuclear plant's contract comes up for renewal, politicians who think natural gas prices may stay low forever refuse to renew the nuclear plant's contract at a higher price.