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Exelon to close 2 nuclear sites; still pushing for subsidies

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Exelon to close 2 nuclear sites; still pushing for subsidies

SPRINGFIELD, Ill. (AP) – Exelon Corp. says it will shut two Illinois nuclear plants because of legislative inaction on state financial support, but the company is still lobbying for the plan. An email obtained by The Associated Press that Exelon President and CEO Chris Crane sent to employees about Thursday’s decision also urged them to […]

Exelon to close 2 nuclear sites; still pushing for subsidies

SPRINGFIELD, Ill. (AP) – Exelon Corp. says it will shut two Illinois nuclear plants because of legislative inaction on state financial support, but the company is still lobbying for the plan.

An email obtained by The Associated Press that Exelon President and CEO Chris Crane sent to employees about Thursday’s decision also urged them to call a telephone number and record a message in favor of the legislation to be played for lawmakers and Gov. Bruce Rauner.

Exelon announced earlier Thursday it would close unprofitable plants in Clinton and the Quad Cities by 2018 after lawmakers adjourned without approving a plan for Exelon to share in state subsidies for carbon-free electric generation.
The telephone number’s greeting encourages employees to say immediate legislative action could save the plants.

Exelon spokesman Paul Adams confirmed the closure decision is not irreversible.

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