image
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Exelon threats kill clean-energy bill

Thursday, May 15, 2014

* Crain’s

An effort in Springfield to overhaul Illinois’ clean-energy law to jump-start stalled renewable power projects in the state is dead for this legislative session.

The initiative — pursued for more than a year by environmentalists who say the state’s law to require more of the power consumed here to come from clean sources is broken — has stalled. So says state Sen. Don Harmon, D-Oak Park, who has led the negotiations over the issue.

He confirmed the effort died after Exelon Corp., by far the most influential energy industry player in Illinois, threatened earlier this year to close two or three of its six nuclear power plants in the state due in part to subsidized wind farms that it says are dampening power prices and making some of its nukes unprofitable.

The issue, he said, “caused everyone to take a step back.”

* Not long after that story appeared, I received this press release from Speaker Madigan’s office…

A coalition of regional labor leaders, public officials and Illinois House Speaker Michael J. Madigan have won assurances from Exelon to maintain operations at three Illinois facilities for 12 months

“I am happy to confirm that our efforts to preserve jobs in the Quad Cities and Clinton have been successful. The outcome is the result of a concerted effort by labor leaders and elected officials to ensure these families will continue on the job,” Madigan explained.

“When published accounts triggered speculation Exelon might alter operations, I went to work with others to ensure these working families would not be threatened. Today we can report success,” Madigan.

Shifting electricity usage and marketing patterns apparently triggered the speculation and led to discussions that produced the assurances to Madigan.

The Speaker also cited the willingness of Exelon CEO and President Chris Crane to discuss Exelon’s operations and publicly assure the government and labor leaders of the company’s plan. Exelon operates 11 nuclear reactors in six locations. More than 5,300 persons are employed at the facilities.

- Posted by Rich Miller        


11 Comments
  1. - Six Degrees of Separation - Thursday, May 15, 14 @ 3:43 pm:

    The market is distorted not only by subsidies and purchase guarantees to renewables, but also by the ability for energy companies to pass on the costs of operating nukes to its customers and other deals that absorbed the inefficiencies of building nukes. I am not sure what the answer is, but I suspect natural gas would win out over renewables, nuke and coal if it were left to pure competition with reasonable emissions regulations.


  2. - Six Degrees of Separation - Thursday, May 15, 14 @ 3:45 pm:

    Having said that, I know a ton of people who have made a very good living off of nuclear power and a handful who have made a good living off of wind farms.


  3. - Ex - Thursday, May 15, 14 @ 3:53 pm:

    Interesting that Exelon admits wind farms provide lower cost power than nuclear plants. Given their new found opposition to subsidies, is Exelon going to return all money they received in nuclear and coal subsidies over the past 60 years? And why would they blame subsidized wind since coal receives far, far more in state subsidies?

    Another fix to the RPS problem enviro groups created for themselves is getting Chicago to include more clean energy in their aggregation contract. Of course, that would force them to criticize Rahm for a lousy aggregation deal that increased Chicago’s reliance on fossil fuels and admit to their grant funders that they screwed up on aggregation. Easier to blame Exelon.


  4. - Chicago Cynic - Thursday, May 15, 14 @ 4:04 pm:

    Sorry but what do those “assurances” mean? How much is this costing taxpayers and ratepayers?


  5. - Adam Smith - Thursday, May 15, 14 @ 4:17 pm:

    Exelon is also a major investor in wind. Their beef is not with wind. Exelon just wants all energy to be treated the same. The fact is that wind owners get paid subsidies even when the market price for electricity is zero. It is impossible to compete with someone who can give away product for free.

    Important also that even if 5X more wind power miraculously appears tomorrow, most of us would be staring at dark computer screens.

    Wind, solar, hydro and nuclear all make Illinois a leading producer of carbon-free energy. We don’t want to lose any of them. But everyone needs to know that without nuclear, Illinois will never be able to achieve emissions reduction targets.


  6. - Toure's Latte - Thursday, May 15, 14 @ 4:53 pm:

    Exelon website shows them with less than 10MW of faceplate generation in Illinois. Missing the boat is no excuse for trying to tilt the field — they have been griping about industrial wind subsidies for over a year, yet rarely complain about coal and nuke subsidies.


  7. - yo - Thursday, May 15, 14 @ 5:07 pm:

    mo money, mo money, mo money


  8. - foster brooks - Thursday, May 15, 14 @ 8:45 pm:

    exelon isnt closing any nuke plants, biggest pile of bull on the face of the earth


  9. - Spud Energy - Thursday, May 15, 14 @ 10:51 pm:

    Yes!!! PTL someone finally has stood up to wind energy. I have felt so alone in the disgust over the UGLY wind towers, the decimation of birds and wildlife, and the subsidies given to wind energy - are they even “American Companies”!!


  10. - Precinct Captain - Thursday, May 15, 14 @ 11:52 pm:

    Right Spud, nuclear doesn’t have any environmental effect on wildlife (destroying habitats through massive construction + the destruction caused by housing nuclear waste). It’s not like a meltdown causes any problems either. I also forgot about all the great nuclear power plants in the history of architecture. In fact, I believe several are UNESCO heritage sites!


  11. - Anonymous - Friday, May 16, 14 @ 8:33 am:

    fire your employes and you can lower my bill


Sorry, comments for this post are now closed.


* Schilling endorses LaHood
* Reader comments closed for the weekend
* Duckworth to announce on Monday
* Rauner mulls selling Thompson Center
* Question of the day
* It's just a bill...
* *** UPDATED x1 *** Brown: Exploring an exploratory committee is "under review"
* Rauner administration denies union report of progress on fair share suit
* *** UPDATED x2 - Durbin out of the running? *** Illinois Republicans react to potential Durbin elevation
* Is a new era finally dawning in Illinois?
* Meanwhile, in Opposite Land...
* Good morning!
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

          
        * 5 top #TileArt tips from March’s top #TileArt artist
        * Mobile Marketing Trends To Follow From The Israeli Elections
        * Pebble Time concludes Kickstarter campaign, pledges exceed $20 million
        * Profits almost doubled for ZTE last year
        * Mysterious Huawei Honor handset pictures leak
        * Verizon starts pushing out Lollipop update for the Galaxy S5… Again!
        * The Week in iPad Cases: Build your library with book-style cases from Pad & Quill and Portenzo

        * How to use Facebook for thank you notes
        * Launching Products: Lessons From Mistakes and Pushing Boundaries
        * Moleskine myCloud Smallpack Review
        * Angie’s List Halts Expansion Plans to Protest Indiana’s “Religious Freedom” Law
        * For some strange reason, Periscope users are obsessed with your fridge
        * Curb Overspending by Establishing a “No Return Policy”
        * Guess How Many Women Made the Forbes Midas List? (It’s Worse than You Think)

        * 'Athletic' Sale makes progress during simulated game
        * 'Athletic' Sale makes progress during simulated game
        * Quintana powers through, locks down A's after first
        * Semien faces White Sox, praises good friend Johnson
        * White Sox not concerned about two key bullpen members
        * Williams remains optimistic for White Sox season
        * Quintana powers through, locks down A's after first

        ...............


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        March 2015
        February 2015
        January 2015
        December 2014
        November 2014
        October 2014
        September 2014
        August 2014
        July 2014
        June 2014
        May 2014
        April 2014
        March 2014
        February 2014
        January 2014
        December 2013
        November 2013
        October 2013
        September 2013
        August 2013
        July 2013
        June 2013
        May 2013
        April 2013
        March 2013
        February 2013
        January 2013
        December 2012
        November 2012
        October 2012
        September 2012
        August 2012
        July 2012
        June 2012
        May 2012
        April 2012
        March 2012
        February 2012
        January 2012
        December 2011
        November 2011
        October 2011
        September 2011
        August 2011
        July 2011
        June 2011
        May 2011
        April 2011
        March 2011
        February 2011
        January 2011
        December 2010
        November 2010
        October 2010
        September 2010
        August 2010
        July 2010
        June 2010
        May 2010
        April 2010
        March 2010
        February 2010
        January 2010
        December 2009
        November 2009
        October 2009
        September 2009
        August 2009
        July 2009
        June 2009
        May 2009
        April 2009
        March 2009
        February 2009
        January 2009
        December 2008
        November 2008
        October 2008
        September 2008
        August 2008
        July 2008
        June 2008
        May 2008
        April 2008
        March 2008
        February 2008
        January 2008
        December 2007
        November 2007
        October 2007
        September 2007
        August 2007
        July 2007
        June 2007
        May 2007
        April 2007
        March 2007
        February 2007
        January 2007
        December 2006
        November 2006
        October 2006
        September 2006
        August 2006
        July 2006
        June 2006
        May 2006
        April 2006
        March 2006
        February 2006
        January 2006
        December 2005
        April 2005
        March 2005
        February 2005
        January 2005
        December 2004
        November 2004
        October 2004

        Blog*Spot Archives
        November 2005
        October 2005
        September 2005
        August 2005
        July 2005
        June 2005
        May 2005

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * GOP makes a U-turn with state budget..
        * Mayoral candidates address quality of life issues..


        * 12-year-old shot to death in Quincy
        * Chicago's retired Cardinal George readmitted to hospital
        * Chicago universities study astronaut on 1 year space mission
        * Bison to graze at Midewin National Tallgrass Prairie
        * Nation's biggest nuclear firm makes a play for green money
        * Chicago's Thompson Center could get price tag
        * Bison to graze at Midewin National Tallgrass Prairie
        * University of Oklahoma unveils racist chant probe findings
        * Bradley names Brian Wardle its 14th basketball head coach
        * Ferry reopening between southern Illinois, western Kentucky

        * Statehouse Insider: Now the tough budget talks begin
        * Effingham native Jim Schultz brings entrepreneurial spirit to state agency
        * Rauner's 'right-to-work' proposal focus of larger debate on business climate
        * Effingham native Schultz brings entrepreneurial spirit to state agency
        * Irresistable force, immovable object on business reform
        * Rauner considering appraisal of Chicago's Thompson Center
        * Budget-patching deal dips into various state funds
        * Comptroller Munger expedites funds to child care providers
        * Lawmakers' budget deal raises concerns over burial costs
        * Former Congressman Schilling making 'special announcement' Saturday in Peoria

        * Chicago likely to get sacked by NFL draft
        * Would Cat be better off at half the size?
        * Is Mondelez the next takeover target?
        * Guess which carmaker is Chicago's favorite
        * Don't mention the “U” word around Rauner


          * 2 killed, 4 wounded in city shootings
          * Indiana governor supports 'clarifying the intent' of religious objection law
          * Manager of Chicago rapper Lil Durk slain on South Side
          * Emanuel and Garcia scour city for votes
          * Cops: Woman dies in crash after husband drove car off closed bridge
          * Prosecutors: 7-Eleven robber told investigators 'I was just trying to feed my family'
          * Man fatally shot after argument over woman at South Loop lounge
          * Wrigley rooftop owner indicted on fraud charges in alleged $600,000 scheme
          * 12-year-old boy shot to death in Quincy
          * Recent murder victim remembered at vigil


          * With GOP votes, Indiana House approves religious objection bill
          * After spending scandals, Rep. Aaron Schock says goodbye
          * Legislature to consider Madigan plan to fill state budget gap
          * Rauner signs into law compromise plan to fix budget hole
          * Where can a politician wield more influence? Chicago's City Council vs. Illinois' Statehouse
          * More people moved away from Illinois last year than any other state
          * Flamin' Hot Cheetos top Chicago Public School vending machines
          * Flamin' Hot Cheetos top some Chicago Public School vending machines
          * Flamin' Hot Cheetos top Chicago Public School vending machines
          * ACLU: Chicago police make more stops than New York at its peak


          * Statehouse Insider: Now the tough budget talks begin
          * Statehouse Insider: Now the tough budget talks begin
          * Bernard Schoenburg: Use of city seal on campaign materials becomes issue in Ward 7 race
          * Our Opinion: In Springfield mayor's race, Jim Langfelder gets our endorsement
          * Effingham native Jim Schultz brings entrepreneurial spirit to state agency
          * Andy Shaw: Illinois' legislative scholarship program like a zombie that won't die
          * Rauner's 'right-to-work' proposal focus of larger debate on business climate
          * Rauner considering appraisal of Chicago's Thompson Center
          * Phil Eaton: Illinois can't arrest, treat or bury its way out of heroin epidemic
          * Charles Krauthammer: The GOP racing form: First edition


          * Civil War Timeline: Egypt’s greatest tragedy
          * Area Calendar 3/29/15
          * Upcoming Services (March 29)
          * Good crowd for home show
          * Police Beat
          * State probing school misconduct allegation
          * An ice-cold adventure
          * Theater shift manager pitches in where needed
          * Governor targets taxpayer-funded tuition program
          * SHELF LIFE


          * Air Canada plane leaves Halifax runway on 'abrupt' landing
          * Lee Kuan Yew eulogized at funeral as architect of Singapore
          * Lee Kuan Yew eulogized as architect of Singapore
          * Hertz so good for Lakes at Top Times
          * LEADING OFF: Alex Rodriguez to play first base

          * Former Congressman Schilling making 'speci...
          * Illinois Republican Joins Push for Nonpart...
          * Report: Rep. Tammy Duckworth To Announce I...
          * Senators pitch changes to FEMA disaster de...
          * St. Louis-area members of Congress votes f...
          * Report: Rep. Tammy Duckworth To Announce I...
          * Knox County Health Department receives $1 ...
          * Question of the day
          * Duckworth to announce Senate bid Monday
          * Kirk, Durbin propose changes in disaster d...

          * Closing the H-1B Visa Factory...
          * More changes in the wind for the U.S. Senate...
          * Wacko birds perch in Senate...

          * Tammy Duckworth to Challenge for Mark Kirk......
          * US Senate threatens Iran with new sanctions...
          * Congress’s Black Caucus firmly against Net......

          * The White Sox Report: Enter Courtney Hawkins
          * Enter Courtney Hawkins
          * Chicago Voter Registration Numbers Increased By 20,000 Since February
          * Fioretti Endorses Emanuel
          * Endorsed by the Daily Herald
          * “The Driver’s Side” – News From The Motorist’s Perspective
          * Congress Parkway Bridge Temporarily Closed Early Sunday Morning
          * The desperate panderer.
          * My dinner with Rahm.
          * Scientism in the Age of Obama


          * Governor Rauner Takes Bill Action
          * Nominating Petitions Available For Illinois Commodity Board Seats
          * Health Matters: 2015 Illinois Minority Health Efforts - Creating & Sustaining Healthy Communities
          * ‘Text First, Talk Second’ Often Best Way to Contact Loved Ones When Disaster Strikes - IEMA Encourages People to Have Plan for Communicating with Family Members, Friends during Emergencies
          * New Illinois Server Training Law effective July 1 - State currently offering FREE responsible beverage server classes




              Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller