Skip to content

Commentary: Excelon’s nuclear hostage tactics must end via Chicago Tribune

“Nuclear Hostage Crisis: Day 2,363”

Yes, that’s right. It was March 9, 2014, when Exelon announced that it would close its nuclear plants if the Illinois legislature, under House Speaker Michael Madigan’s watchful eye, did not bail them out. The jobs that would be lost! More dirty fossil fuel burned! Tax bases destroyed! The horror!

So in 2016 the General Assembly approved a 10-year, $2.35 billion subsidy of two nuclear power plants owned by Exelon — effectively it paid a ratepayer-funded ransom to Exelon’s nuclear hostage crisis fund.

Crisis averted, right? Wrong. Exelon returns with more ingenious ways of legally extorting ratepayer funds through proposed legislation, which unfortunately for them Gov. J.B. Pritzker doesn’t like — perhaps in no small part due to the FBI’s investigation of suspected illegal lobbying practices that produced the first $2.35 billion bailout.

Exelon’s response? Yet another nuclear hostage crisis!

Recently, Exelon announced potential 2021 closure dates for its Byron and Dresden nuclear plants. Both were also on Exelon’s 2014 closure list.

The timing of this nuclear kabuki theater is quite unfortunate, however.

Earlier this same week, Moody’s Investment Services released a report torpedoing both the long ridiculous claims of “cheap” nuclear power and the opportunistic pro-nuclear claim of nuclear being needed to address the climate crisis.

The report states:

  • Climate hazards are likely to worsen for nuclear power plant operators over the next two decades, with severity varying by region.
  • Ultimate credit impact depends on the ability of plant operators to invest in mitigating measures to manage risks.

English translation: Running nuclear plants safely in an increasingly climate-disrupted world is going to cost more money — if they can even run at all.

The conclusion from Moody’s analysis is simple: In an increasingly climate-disrupted world, nuclear power anywhere will be more costly, under constant and unpredictable threat and may not even be capable of generating power. If Exelon’s reactors are unprofitable now, what will they be in such a future? It’s a dangerous gamble — environmentally and economically — to rely on nuclear in energy planning. Therefore, no amount of creative financing, subsidies or bailouts in any form is justifiable or should be approved.

As if to prove the point, during the same week, two reactors in France faced reduced power or total shutdown because of drought — precisely when needed most.

Exelon’s Illinois reactors already experienced shutdowns or drastic power curtailments during the drought of 1988, losing or curtailing over 100 reactor-days of operation between June and September due to low water levels and higher water temperatures in the rivers, and again during droughts in 2005, 2006 and 2012. The reactors were unavailable when needed most to meet the severe power demands during those heat waves, which were “climate disruption lite.” Future predicted conditions will be more severe and unpredictable.

A better future for our children would be one that’s both carbon- and radioactive waste-free.

To create a truly low-carbon and less-polluting energy future, put those funds that were gambled on nuclear directly into renewables, efficiency and energy storage upfront instead, eliminating nuclear’s unpredictable risks and perpetual bailouts. This will provide the added benefits of not only being lower-carbon, but also generating power without creating long-lived, dangerous and costly to dispose of high-level radioactive wastes.


Read more.

Posted in *English.

Tagged with , , .

3 Responses

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

  1. dark web links says

    Is it illegal to access dark web links in India? In simple terms, it is illegal to browse any link on the Internet that is not encrypted. This is because of the obvious privacy issues that arise when any individual surfs any site that is not inherently secured. In many cases, people who use pay per click services end up paying hefty amounts in fine prints because they accidentally clicked the wrong button and were exposed to a dangerous stranger or hacker.

  2. gladies says

    I have read your writings and I have read articles on this topic in several articles from other sources. I got a lot of information from your writing, is there any other suggestions you can convey regarding the theme of your writing? so that I can get more and more complete information.

    I certainly thank you for writing this article well, hopefully it will become a reference in journals or other scientific writings and can help many people. thanks.

  3. advanced systemcare pro lifetime license key says

    Advanced SystemCare Crack is a powerful software for system cleaning and optimization. It is easy-to-use and proficient. Antiviruses and repair modules, and antivirus, security, toolbox, and acceleration modules included. You can see malware cleanup, registry repair, delete privacy, network acceleration, repair shortcut, registry stabilization, system optimization, security protection, Disk Scan, Vulnerability repair, Disk consolidation, and other information available in the maintenance module. advanced systemcare pro lifetime license key

Some HTML is OK

or, reply to this post via trackback.