Exelon on governor’s plan to save Byron, Dresden: “not adequate”

May 10, 2021, 7:03AMANS Nuclear Cafe
The Byron nuclear power plant

Illinois governor J. B. Pritzker’s proposal to subsidize the state’s Byron and Dresden nuclear plants, introduced in legislative form last week, falls short, Exelon Corporation President and Chief Executive Officer Chris Crane said on May 5 during the company’s first-quarter earnings call.

“From what we’ve heard, it’s open to negotiation, but just going from the street analyst opinion and what we’ve seen, its starting point is not adequate to keep the plants’ continued operations going,” Crane stated.