• $700 Million Public Subsidy To Keep Nuke Plants Open

    From Kurt Nicklas@21:1/5 to Lee on Sat Nov 27 23:24:26 2021
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    Lee wrote




    Illinois approves $700 million in
    subsidies to Exelon, prevents nuclear
    plant closures
    Sept 13


    The Illinois Senate on Monday saved
    two Exelon Corp nuclear power plants
    from closure by passing a bill that
    will provide $700 million in subsidies
    to the company over five years for
    generating virtually carbon-free power.

    Exelon (EXC.O) had threatened to close
    its Byron nuclear plant on Monday and
    Dresden nuclear plant in November

    because of rising costs and competition
    from power plants that burn low-cost
    natural gas.

    The Senate passed the bill 37-17. The
    house approved the measure last week
    after a compromise deal on coal plant
    closures favored by both
    environmentalists and labor groups.

    https://www.reuters.com/world/us/illinois-senate-close-providing-lifelin e-3-nuclear-power-plants-2021-09-13/





    Landmark Ill. climate bill passes in
    boon for nuclear, renewables
    09/14/2021

    After struggling for years to meet its
    clean energy goals, Illinois is poised
    for a wind and solar boom after the
    General Assembly gave final approval
    to sweeping legislation that will
    authorize more than a half-billion
    dollars a year in renewable spending https://www.eenews.net/articles/landmark-ill-climate-bill-passes-in-boon -for-nuclear-renewables/



















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    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Kurt Nicklas@21:1/5 to Lee on Mon Jan 17 16:41:27 2022
    XPost: alt.survival, rec.arts.tv, alt.politics
    XPost: alt.checkmate, alt.atheism, alt.rush-limbaugh
    XPost: alt.baldspot, talk.politics.guns, alt.abortion
    XPost: alt.global-warming, alt.fan.rush-limbaugh, alt.journalism.criticism XPost: alt.news-media

    Lee wrote




    Illinois approves $700 million in
    subsidies to Exelon, prevents nuclear
    plant closures
    Sept 13


    The Illinois Senate on Monday saved
    two Exelon Corp nuclear power plants
    from closure by passing a bill that
    will provide $700 million in subsidies
    to the company over five years for
    generating virtually carbon-free power.

    Exelon (EXC.O) had threatened to close
    its Byron nuclear plant on Monday and
    Dresden nuclear plant in November

    because of rising costs and competition
    from power plants that burn low-cost
    natural gas.

    The Senate passed the bill 37-17. The
    house approved the measure last week
    after a compromise deal on coal plant
    closures favored by both
    environmentalists and labor groups.

    https://www.reuters.com/world/us/illinois-senate-close-providing-lifelin e-3-nuclear-power-plants-2021-09-13/





    Landmark Ill. climate bill passes in
    boon for nuclear, renewables
    09/14/2021

    After struggling for years to meet its
    clean energy goals, Illinois is poised
    for a wind and solar boom after the
    General Assembly gave final approval
    to sweeping legislation that will
    authorize more than a half-billion
    dollars a year in renewable spending https://www.eenews.net/articles/landmark-ill-climate-bill-passes-in-boon -for-nuclear-renewables/



















    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)