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Tag: exelon

N.J. Supreme Court rejects nuclear subsidy appeal

July 21, 2021, 3:00PMNuclear News
The Salem nuclear power plant. (Photo: Peretzp)

In the latest legal action over the New Jersey Board of Public Utilities’ (BPU) April 2019 order providing subsidies to the Hope Creek and Salem nuclear plants, the state’s Supreme Court has declined to hear an appeal.

Exelon touts reliability of nuclear as time runs short to save Byron, Dresden

July 20, 2021, 3:49PMNuclear News
The Dresden nuclear power plant (Photo: Nuclear Regulatory Commission)

As Illinois lawmakers continue to debate energy legislation that would allow the state’s Byron and Dresden nuclear plants to continue operation beyond this year, Exelon would like to remind everyone—including those legislators, no doubt—of what is at stake.

PSEG quickens pace to net zero

June 29, 2021, 3:00PMNuclear News
The Hope Creek nuclear power plant

New Jersey’s Public Service Enterprise Group has announced its intention to achieve net-zero emissions by 2030, shaving two decades off its previously announced target date of 2050. PSEG is owner of the Hope Creek nuclear plant and is co-owner, with Exelon, of the Salem plant.

Exelon files to deactivate the Byron reactors

June 18, 2021, 12:06PMUpdated June 18, 2021, 4:50PMNuclear News
The Byron nuclear power plant.

Exelon on June 16 filed with grid operator PJM Interconnection to deactivate the two Byron reactors in Illinois. The move came one day after the Illinois Senate adjourned without reaching an agreement on a comprehensive energy package that would have provided nearly $700 million to keep Byron’s reactors, as well as Exelon’s Dresden and Braidwood nuclear power plants, in operation. (In August of 2020, Exelon announced that it would close the economically challenged Byron and Dresden facilities in the fall of 2021 without some form of state aid to provide compensation for their clean power.) The state’s House of Representatives also adjourned earlier this week without taking up the bill.

No deal yet in Illinois for Exelon nuclear plants

June 17, 2021, 12:00PMANS Nuclear Cafe

The Illinois Senate adjourned on June 15 without calling a comprehensive energy regulatory reform package for a vote, Capitol News Illinois reported. State Sen. Bill Cunningham (D., Chicago) and Senate president Don Harmon (D., Oak Park) said afterward that they expect a vote to happen sometime this summer as negotiations continue.

Byron, Dresden, Quad Cities fail to clear in PJM capacity auction

June 8, 2021, 3:00PMNuclear News
Byron nuclear power plant

Three Illinois nuclear power plants—Byron, Dresden, and Quad Cities—did not clear in last week’s long-delayed PJM Interconnection capacity auction, Exelon Generation reported in a filing with the Securities and Exchange Commission.

The news is likely to further pressure the Illinois General Assembly to pass a comprehensive energy package—one with subsidies for the state’s financially ailing nuclear plants—before Exelon moves forward with its plan, announced last August, to prematurely retire Byron and Dresden.

U.S. nuclear capacity factors: Reliable and looking for respect

May 28, 2021, 2:58PMNuclear NewsSusan Gallier
Fig. 1. All reactors. The median DER net capacity factor of the 96 reactors included in this survey for the three-year period 2018–2020 is 91.33 percent. For the five three-year periods between 1997 and 2011 shown above, 104 reactors were in operation. The 2012–2014 capacity factor includes 100 reactors, and 2015–2017 includes 99 reactors.

Capacity factor is a measure of reliability, and reliability delivers results. The U.S. nuclear power fleet produced about 789.9 TWh of clean electricity in 2020 and ended the year with 94 operating reactors. According to Energy Information Administration data, that’s about 37 percent more electricity than the 576.9 TWh produced in 1990 by a much larger fleet of 112 reactors.

Nuclear News has tracked and analyzed the capacity factors of the U.S. fleet since the early 1980s, before concerted industry efforts yielded unforeseen performance improvements. High nuclear capacity factors are now less an achievement than an expectation. So much so, in fact, that advanced reactors in development today are assumed to be capable of achieving capacity factors above 90 or even 95 percent.

The U.S. fleet has maintained a median capacity factor near 90 percent for 20 years (see Fig. 1), and the median design electrical rating (DER) net capacity factor for 2018–2020, at 91.33, does not disappoint—unless by showing virtually no change relative to the median of 91.34 recorded in 2015–2017. However, this lack of meaningful difference only underscores the consistent reliability of the U.S. fleet.

ANS, others throw weight behind bill to aid troubled Illinois nuclear plants

May 26, 2021, 6:59AMANS Nuclear Cafe

A large group of nuclear and nuclear-friendly organizations, including the American Nuclear Society, sent a letter on May 24 to Illinois lawmakers urging them to pass the Climate Union Jobs Act (CUJA) before the legislature adjourns at the end of this month.

Among its provisions, the bill would create 74 million megawatt-hours of carbon mitigation credits for Exelon’s Braidwood, Byron, Dresden, and LaSalle nuclear plants. The Clinton and Quad Cities plants, which participate in Illinois’s zero-emission credit program, would not be eligible. (In August of last year, Exelon Generation, owner and operator of all six nuclear plants in Illinois, announced that it would close Byron and Dresden without state support of some kind, adding that Braidwood and LaSalle were also imperiled.)

Time for Illinois’s nuclear advocates to turn up the volume

May 21, 2021, 9:29AMNuclear News

The Illinois State Capitol in Springfield. Photo: Teemu008/Wikipedia

As Illinois lawmakers race to hammer out a compromise clean energy bill before the current legislative session adjourns on May 31, advocacy group Nuclear Matters is asking members of the state’s nuclear community to speak up in support of state aid for the struggling Byron and Dresden nuclear plants, both of which are scheduled to be prematurely retired later this year by Exelon.

Nuclear Matters has launched a letter-writing campaign to encourage individuals to contact their representatives via a pre-drafted letter to urge passage of legislation that will provide that aid. The letter is one of general support for Illinois’s nuclear plants and not an endorsement of any specific measure.

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.

NYISO issues 2021 power trends report

May 6, 2021, 10:02AMANS Nuclear Cafe
The above figure provides NYISO's projected mix of resource capacity expected to be available for the 2021 Summer Capability Period. The figure below shows the vast difference in 2020 between clean energy provided to upstate New York and to downstate New York. With the recent closure of Indian Point-3, the difference will widen for downstate New York in 2021.

NYISO released its 2021 power trends report for the state of New York. As noted by many in the energy community prior to the closure of Indian Point nuclear power plant's Unit 2 and Unit 3 in 2020 and 2021, respectively, the projected mix of resource capacity expected for downstate New York's energy generation will be heavily reliant on fossil fuels.

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.

ASLB to hear argument against Point Beach license renewal

April 8, 2021, 3:27PMNuclear News
Point Beach Units 1 and 2. Photo: NRC

An atomic safety and licensing board has been established to address a hearing request filed on behalf of an antinuclear group regarding the subsequent license renewal (SLR) application for NextEra Energy’s Point Beach reactors, located near Two Rivers, Wis. The Nuclear Regulatory Commission published notice of the panel’s formation in the April 2 Federal Register.

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 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.

Exelon Generation’s workforce development and knowledge transfer strategy

February 12, 2021, 4:10PMNuclear NewsHeather Davis

Students display items they received at a STEM workshop sponsored by Exelon. Photo: Exelon.

The landscape of Exelon Generation’s nuclear business has continued to evolve—even before the complications of a pandemic—but people will always remain the core focus. Our employees and our future employee pipelines are changing almost as fast as technology, which is why the development of the workforce, both present and future, along with the transfer of knowledge across all departments and levels of the organization, must remain adaptable and advance as well.