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.


* React to Rauner vetoes
* Reader comments closed for the weekend
* Rauner vetoes several union-backed bills
* This just in... Illinois Supreme Court accepts direct appeal of remap case
* Social service providers claim administration has "unchecked discretion" over paying off old contracts
* GOP poll: Kirk and Duckworth essentially tied, Clinton leads by 14
* Today's quotable
* The Roger Ailes connection to Illinois
* Even more editorial support for the Independent Map Amendment
* Question of the day
* Today in Illinois history
* *** LIVE COVERAGE *** Rauner education press conference
* Trump's best point of the night
* Mrs. Rauner appears to support Turnaround Agenda strategy
* Caption contest!
* Adding some context to Rauner's e-mail diatribe
* SUBSCRIBERS ONLY - Supplement to today’s edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Oh, this ought to be good
* Rauner apologizes for making "unfair, untrue" comments in old e-mail
* 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

  
* If we had a personal cloud instead of a phone, would we be better off?
* iPhone 7 Pro specs and features, Galaxy Note 7 battery & more – Pocketnow Daily
* Evan Blass leaks Apple iPhone 7 release date
* SurveyMonkey proclaims peak Pokemon GO in US
* Instant hidden rebate for Moto G4 on Amazon
* Dots & Co. tweaks the Dots games by adding a friendly companion
* iPhone 7 Plus? iPhone 7 Pro? Here’s a video showing either or both of them

* Sale scratched after 'clubhouse incident'
* Sale's Sox future may have new wrinkle
* Quintana to start after completion of suspended game
* Is Sale trade more likely after clubhouse incident?
* Sale scratched after 'clubhouse incident'
* White Sox-Tigers suspended after 8 innings
* Rain delaying Tigers-White Sox in Chicago

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


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

Archives
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
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


* State costs for amendment notices likely to top.....
* SIU at the crossroads: Leaders weigh future of .....
* State Gets Shut-Off Notice..
* EXCLUSIVE: Aaron Schock Reacts to Grand Jury De.....
* Opinion | Voice of The Southern..
* Rauner, police work on pot bill - Danville Comm.....
* Illinois governor working with police on mariju.....
* Illinois governor working with police on mariju.....


* EXCHANGE: Survivors of cancer victims marry, now family of 8
* WNBA withdraws fines for teams that wore black warmup shirts
* WNBA withdraws fines for teams that wore black warmup shirts
* Chicago police say Uber driver a felon with handgun, drugs
* Construction at NIU stalled by state budget ready to resume
* Penguins are returning to Lincoln Park Zoo in new exhibit
* Illinois town hopes its levee can be inspected, deemed safe
* Chicago police say Uber driver a felon with handgun, drugs
* WNBA president lauds activism, wishes it was kept off court
* ACLU praises new Illinois limits on cellphone surveillance

* State costs for amendment notices likely to top $2 million
* Rauner OKs regulating police use of cell-site simulators
* Illinois Supreme Court to consider remap ballot measure
* Rauner vetoes construction-wage, homecare-worker pay increases
* Rauner apologizes, Chicago teachers protest over 2011 email questioning their competency
* Providers: Stop gap budget won't have 'meaningful' impact
* Rauner apologizes for calling Chicago teachers illiterate
* Illinois ordered to rethink medical marijuana for migraines
* Rauner once called Chicago teachers 'virtually illiterate'
* Gov. Rauner signs early childhood law

* Lolla at 25: The math on the tickets, the T-shirts, the grass (not that grass)
* How Clinton can out-convention Trump
* Trump's running mate has a business success story of his own to tell
* Duking it out for dominance at O'Hare
* Why we need to reverse Chicago's tree loss, and other letters from readers


* Leaked emails mar Democratic convention opening
* Two shot in Humboldt Park
* Suspect wearing wolf mask robs DeKalb bank at gunpoint
* Rambling outside Wooded Isle: Pondering mysteries and plans
* Man shot in South Chicago apartment
* Man charged with growing pot in Andersonville home
* Man critically wounded in West Elsdon shooting
* Lanes closed on I-57 after rollover crash
* Police: Man injured in Antioch crash ran away without treatment
* Man shot on Near West Side


* Rain can't dampen Coldplay party at Soldier Field
* Towing mistake leads to refund dispute; preparing for driverless cars
* Donald Trump says France, others hit by terror may face 'extreme vetting'
* Photos: Coldplay at Soldier Field
* 1 killed, 1 wounded in Calumet City shootings
* 1 dead, 7 wounded in Chicago shootings
* Latest Chris Sale-White Sox controversy has more questions than answers
* Body found as 'horrific' wildfire burns near Los Angeles
* 2 killed in I-57 rollover crash
* Amid bike, pedestrian traffic, saxophonist practices craft for decades in tunnel


* State costs for amendment notices likely to top $2 million
* Statehouse Insider: Rauner, AFSCME conduct PR war while labor talks at standstill
* Bernard Schoenburg: Buscher moves from independent to GOP, Trump
* Connecting people with volunteer opportunities
* Sommer family gives back together
* Joel Erickson: Sen. Kirk must stand up for veterans' rights
* Charles Krauthammer: Notes from Cleveland: The two-part rebellion
* Rauner OKs regulating police use of cell-site simulators
* Illinois Supreme Court to consider remap ballot measure
* Rauner vetoes construction-wage, homecare-worker pay increases


* Carbondale accepts bid to demolish Horizon Inn: Officials hope to have it done by end of 2016.
* PFOP: WWI homefront featured French-Belgian relief
* Community unites at Cultural Fest, embraces differences
* Volunteers rush to safely move pets away from fire
* Getting Personal: Susan Elmore
* Area history, July 24, 2016
* Top 50 College Football Teams of 2016: No. 11, Tennessee
* Area history, July 22, 2016
* Sunday Extra: Ignorance does not protect us
* Top 50 Illini Football Players of 2016: No. 11, Malik Turner


* Through descendants, vivid tales of Eastland survivors keep memory alive
* Suburban 4-H: 'It's not just farming and vegetables'
* How suburban women in politics helped blaze trail for Hillary Clinton
* Constable: Suburban camp for kids with disabilities fuels fun
* 3 things to watch as Democratic delegates arrive in Philly

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Durbin Sends Letter to DEA Calling for Str......
* Durbin Announces $2.8 Million in HUD Fundi......

* Letter: Kirk's integrity - Northwest Herald...

* Random thoughts. This is not an election over who is a friend of Wall Street.
* Laundromat Coming To Wilson & Magnolia Strip Mall
* Trumps returns to old ways: denials and finger-pointing about Cruz
* Trump returns to old ways: denials and finger-pointing about Cruz
* Illinois GOP delegates cast 54 votes for Trump, 9 for Cruz, 6 for Kasich
* IR Readers Favorites for Third Week of July 2016
* Plagiarism.
* KKK Wizard David Duke runs on the Trump Party ticket for Louisiana senator.
* Cartoon Of The Day
* Jonathan Halabi at the AFT. Day 2.


* Discount Admission Tickets Available For Purchase At Area Retailers - Fair to extend purchasing hours at Emmerson Building
* Governor Announces Appointments
* New Halsted Street Bridge Finished at Byrne Interchange, Multimodal Travel, Neighborhood Connectivity Enhanced - Last of Eisenhower bridges to be completed, project moves into next phase
* No Pokemon Go access on Veteran Home’s grounds
* Governor Takes Bill Action




Hosted by MCS -- CapitolFax.com Privacy Policy -- SUBSCRIBE to Capitol Fax -- Advertise Here -- Mobile Version -- Contact Rich Miller