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.

The consequences of closure: The local cost of shutting down a nuclear power plant

May 7, 2021, 3:01PMNuclear NewsTim Gregoire

When on May 7, 2013, the Kewaunee nuclear power plant in rural Wisconsin was shut down, it took with it more than 600 full-time jobs and more than $70 million in lost wages, not including temporary employment from refueling and maintenance outages. Taking into account indirect business-to-business activity, the total economic impact of the closure of the single-unit pressurized water reactor was estimated to be more than $630 million to the surrounding three-county area.

Illinois governor backs limited aid to two nuclear plants

May 4, 2021, 9:30AMNuclear News

Pritzker

The office of Illinois governor J. B. Pritzker last week unveiled an ambitious energy plan for the state that includes limited subsidies for the financially ailing Byron and Dresden nuclear plants. (In August 2020, Exelon Generation announced that the two Illinois facilities would close this year—Byron in September and Dresden in November—without some form of compensation from the state, due to “market rules that favor polluting power plants over carbon-free nuclear energy.”)

The new plan, dubbed the Consumers and Climate First Act, calls for achieving 100 percent clean energy generation in Illinois by 2050 and recognizes nuclear as a means toward that end. “In the near term, the closure of nuclear plants in Illinois is likely to result in a generation gap that will be filled by dirty energy, namely fossil fuels,” the act states, adding that any support for nuclear should be “short-term and based on clearly demonstrated need.”

A state of uncertainty: Nuclear power in Illinois

April 30, 2021, 5:01AMNuclear NewsMichael McQueen

If there is one U.S. state you might think would be on top of the nuclear-plant-retirement problem, it’s Illinois: With 11 power reactors, more than any other state, it is number one in nuclear generating capacity. In 2019, 54 percent of its in-state generation came from nuclear power. So why, at this writing in mid-April, does Illinois still face the possibility of losing two of its nuclear plants later this year?

Consultant recommends subsidies for Exelon plants

April 16, 2021, 2:59PMUpdated April 19, 2021, 10:56AMNuclear News
The Byron nuclear plant is currently slated for permanent closure in September. Photo: Exelon

A research and consulting firm hired by Illinois governor J. B. Pritzker’s administration to scrutinize the financial fitness of Exelon’s Byron and Dresden nuclear plants approves of limited state subsidies for the facilities, according to a redacted version of the firm’s report made available yesterday.

Webinar summary: The role of nuclear in Illinois

April 7, 2021, 3:39PMANS Nuclear CafeAmanda Bachmann, Anna Balla, Jimmy Shehee
Byron Generating Station. Photo: Exelon

The University of Illinois Student Section and Chicago Local Section of the American Nuclear Society hosted a webinar, The Role of Nuclear Power in Illinois, on Wednesday, March 31. The webinar provided information for state lawmakers and the general public about the potential consequences of closing the Byron and Dresden Generating Stations, two of the nuclear power plants in the state of Illinois.

The webinar recording has been archived and is available for viewing for free at the above link.

Bill to preserve Illinois nuclear fleet debuts

March 31, 2021, 5:00AMNuclear News
Exelon's Byron Nuclear Generating Station.

A group of Illinois lawmakers joined Joe Duffy, executive director of the labor coalition Climate Jobs Illinois (CJI), at a virtual news conference on March 29 to unveil a union-focused, clean energy legislative proposal that includes help for the state’s struggling nuclear power plants.

Exelon to split into two companies

February 25, 2021, 6:58AMNuclear News

Exelon's Byron generating station in northern Illinois. The future of Byron is uncertain at this time and could impact the new power generation company, once it's formed.

Exelon Corporation announced yesterday that it intends to spin off Exelon Generation, its competitive power generation and customer-facing energy businesses, from Exelon Utilities, its group of six regulated electric and gas utilities.

The split into two publicly traded companies will “establish the nation’s largest fully regulated transmission and distribution utility company and the largest carbon-free power producer paired with the leading customer-facing platform for clean, sustainable energy solutions,” Exelon said in its February 24 announcement.

Exelon touts reliability of Illinois nuclear plants

February 24, 2021, 7:02AMNuclear News

The Byron nuclear plant is scheduled to close this September. Photo: Exelon

Amid all the talk of last week’s winter storm and the resultant grid debacle in Texas, Exelon on Monday issued a press release informing customers of just how reliably its Illinois nuclear power plants have been operating this winter.

The release might also be seen as a message to state lawmakers, who have yet to produce any legislation to aid the utility’s financially challenged nuclear facilities—of which two, Byron and Dresden, have been slated for retirement later this year, given the (so-far) absence of such legislation.

EIA: Nuclear, coal will account for majority of U.S. generating capacity retirements in 2021

January 13, 2021, 9:29AMANS Nuclear Cafe

According to the U.S. Energy Information Administration’s latest inventory of electric generators, 9.1 gigawatts (GW) of electric generating capacity is scheduled to retire in 2021.

In total, it appears that 30 plants (nuclear, coal, petroleum, and others) will be retired in 2021. Five nuclear reactors are included in the closure list—Indian Point-3, Byron (two units at the plant), and Dresden (two units at the plant). Those three plants produce 5.1 GW of power, accounting for more than half of the total capacity expected to be retired.

Illinois AFL-CIO releases updated nuclear impacts report

January 11, 2021, 9:28AMANS Nuclear Cafe

In response to Exelon’s announcement of the premature closure of two Illinois nuclear power plants—Byron and Dresden—the Illinois AFL-CIO released an updated version of the Brattle Group’s Illinois Nuclear Impacts Report.

The report highlights the economic losses and environmental impacts Illinois’ and its local communities will face with the retirement of these plants, according to a January 5 article posted to the 23WIFR website.

The year in review 2020: Power and Operations

January 8, 2021, 9:35AMNuclear News

Here is a look back at the top stories of 2020 from our Power and Operations section in Newswire and Nuclear News magazine. Remember to check back to Newswire soon for more top stories from 2020.

Power and Operations section

Exelon CEO urges Illinois legislators to save nuclear plants

January 6, 2021, 3:01PMNuclear News

Crane

Christopher Crane, president and chief executive officer of Exelon, wrote in a Chicago Sun-Times op-ed, “The failure of national energy markets to support clean energy will soon force the premature retirement of two of [Illinois’s] six zero-carbon nuclear plants, putting thousands of people out of work, raising energy costs, and taking us decades backward in the fight against climate change."

Crane urged Illinois policymakers to act quickly, as they face critical decisions about the future of energy that will affect the state’s environment, the economy, and the health of every family for years to come.

Local leader speaks out to keep Byron nuclear plant open

December 14, 2020, 6:59AMANS Nuclear Cafe

Chesney

An Illinois lawmaker is hopeful that legislation is coming in the state that would benefit nuclear power plants. “I believe we’re going to have an incentive program that will be in partisan legislation,” said Andrew Chesney, Illinois state representative for the 89th District.

Chesney’s comment was included in a video story that aired on a TV news channel in Rockford, Ill. The news story focused on the negative financial impact that would result if the Byron nuclear power plant were to close in 2021.

Local pol goes digital to save Illinois nuclear plant

October 14, 2020, 9:46AMNuclear News

Demmer

Illinois State Representative Tom Demmer (R., Dixon) announced last week the creation of a website, savebyron.com, devoted to preventing the early closure of Exelon Generation’s Byron nuclear power plant.

According to the October 9 announcement, Demmer began working with the city of Byron, Ill.-based Wave Marketing to create the website following Exelon’s August decision to prematurely retire both the Byron plant and the Dresden nuclear plant, located in Morris, Ill., absent state legislation to aid the financially troubled facilities. Byron’s two pressurized water reactors are currently slated to cease operation in September of next year, followed in November by Dresden’s two boiling water reactors.

Calling balls and strikes

October 13, 2020, 3:00PMANS NewsCraig Piercy

Craig Piercy

As a not-for-profit scientific and professional organization, the American Nuclear Society’s raison d’être has always been the advancement of nuclear science and technology. While many among our diverse ranks may see themselves as advocates, it is important to recognize that ANS the organization will never take the place of industry trade associations like the Nuclear Energy Institute or the U.S. Nuclear Infrastructure Council. No, we will always be dedicated first to serving the men and women of the nuclear community, both here in the United States and around the world, as a source of news, technical knowledge, professional development opportunities, and scientific fellowship.

This should not in any way dissuade us, however—either individually or as a community—from engaging in the public discussion about nuclear technology, especially when debates become tainted by outright falsehoods or “fake news.” As we have seen in stark relief over the past eight months of pandemic-dominated life, the scientific community has a societal obligation to stand up and set the record straight when misinformation crops up. Simply put, we have to be prepared to call balls and strikes.

Despite current policy and economic challenges, nuclear’s future remains bright

October 1, 2020, 10:44AMNuclear NewsBryan Hanson
Byron (left) and Dresden (right) may be looking at early retirement if Springfield doesn't pass an energy package before the fall of 2021.

On August 27, I stood in front of small groups of socially distanced employees at our Dresden Generating Station in Illinois, announcing plans for the premature retirement of the nuclear facility next fall. A hundred miles away, our chief operating officer was delivering a similar, equally somber announcement to employees at the Byron Station.

Despite being among the safest, most efficient, and reliable nuclear plants in the nation, Dresden and Byron face revenue shortfalls in the hundreds of millions of dollars because of declining energy prices and market rules that allow fossil fuel plants to underbid clean merchant nuclear resources in the PJM capacity auction, even though there is broad public support for sustaining and expanding clean energy resources to address the climate crisis.

Labor union leader weighs in on closure of Illinois nuclear plants

September 28, 2020, 11:59AMANS Nuclear Cafe

Lonnie Stephenson, international president of the International Brotherhood of Electrical Workers, wrote an op-ed published in the September 25 Chicago Sun-Times touting the benefits of nuclear power in Illinois and decrying Exelon’s plan to prematurely shutter the Byron and Dresden plants.

Unions respond to Exelon’s intention to shutter nuclear plants

August 31, 2020, 6:55AMNuclear News

The flurry of public statements issued in reaction to last Thursday’s news regarding Exelon’s decision to prematurely retire its Byron and Dresden nuclear power plants includes one from an organization representing the North America’s Building Trades Unions (NABTU).