SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
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        

  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.

* One more day
* Reader comments closed for the weekend
* Sign of the times?
* Question of the day
* Exelon Just Received A $1.7 Billion Rate Increase Through The Market-Based Capacity Auction
* Today's number: 60
* No imminent power shut-offs
* Chamber all-in on impasse
* COGFA: State receipts down almost a billion dollars in first quarter
* Two racetracks will likely close
* "How many babies have to die?"
* Report: "A billion-dollar giveaway rife with failure"
* Frerichs warns of impasse consequences
* Quinn touring the state
* Yesterday's blog posts

Visit our advertisers...







Search This Blog...

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

Search the 98th General Assembly By Keyword

    * A brief history into Android Easter eggs
    * Huememory wants you to memorize, choose, and identify colored dots
    * Russia demands Google to loosen up on their preinstalled app policies
    * BlackBerry Messenger gets PayPal integration new sticker packs
    * Google might be releasing Windows 10 apps at Microsoft’s upcoming event
    * Here’s what Google got wrong with the new Nexus 5X and Nexus 6P
    * Apple claims double-digit growth with Apple Pay, not all retailers agree though

    * 2015 in 3 words: Sale, Abreu, inconsistency
    * Hawk cutting '16 broadcast schedule
    * Podcast: Shifting the target
    * White Sox face toll of three losing seasons
    * Montas solid, but offense silenced in finale
    * Sale, Abreu among White Sox record setters
    * Tigers 6, White Sox 0: And Seth Smith shall protect them


    Main Menu
    Pundit rankings
    Subscriber Content
    Blagojevich Trial
    Updated Posts

    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


    RSS Feed 2.0
    Comments RSS 2.0


    * Chicago aldermen demand firing of police superintendent
    * Verizon moving center to Rolling Meadows, adding 200 jobs
    * Report shows steep increase in Indiana homeless students
    * Illinois to implement new ratings for schools, districts
    * Elgin schools CEO frustrated with lack of Legionella advice
    * Illinois Senate to get 2 new members to fill vacancies
    * Number of Chicago heroin overdoses hits 74 in 3 days
    * Car crashes into northern Illinois church, injuring 6
    * University of Illinois opens center for wounded veterans
    * Opponents upset Chief Illiniwek merchandise available online

    * Chancellor Koch: Budget pressures growing for UIS, other schools
    * Illinois to implement new ratings for schools, districts
    * Budget impasse cuts services for domestic abuse victims
    * Weaver tapped to replace LaHood in Illinois Senate
    * Peoria city councilman tapped to replace Darin LaHood in Illinois Senate
    * Illinois budget impasse affecting emergency call systems
    * Legal marijuana stirs hope in southern Illinois town
    * Statehouse Insider: We have a problem. Is anyone there?
    * AP Exclusive: Legal marijuana stirs hope in southern Illinois town
    * Gov. Rauner: Illinois budget standoff 'could go on for a while'

    * Former Motorola president becomes head of DuPont
    * DuPont's new CEO has Motorola roots
    * Data hack at 7 Trump hotels confirmed
    * Trump hotels confirm data hack
    * Trib papers offer broadest employee buyout yet

    * Bomb threat leads to canceled classes Monday evening at College of DuPage
    * Gary man dies after car crash in northwest Indiana
    * City: 2015 Taste of Chicago made $320K profit
    * Man killed, 4 injured in shootings; man stabbed on CTA Green Line platform
    * Chicago priest removed for inappropriate adult relationship
    * Prosecutors: Man charged in fatal crash continued driving with man's body on car
    * Chicago schools with enrollment declines face major budget cuts
    * Metra installs free charging areas at 4 downtown stations
    * African-American aldermen call on Emanuel to fire top cop
    * City ends Great Chicago Fire Festival funding

    * Chancellor Koch: Budget pressures growing for UIS, other schools
    * Illinois to implement new ratings for schools, districts
    * Paul Findley: Boehner deserves souvenir from Pope's visit
    * Budget impasse cuts services for domestic abuse victims
    * Weaver tapped to replace LaHood in Illinois Senate
    * Illinois budget impasse affecting emergency call systems
    * Legal marijuana stirs hope in southern Illinois town
    * Bernard Schoenburg: An added loss for workers at Illinois State Museum
    * Angie Muhs: Comics, the 'Power of the Press' and more
    * Bernard Schoenburg: An added loss for workers at Illinois State Museum

    * Oct. 7 Illinois basketball chat
    * Crash reported on I-74 in Vermilion County
    * PODCAST: News-Gazette Sports Page 10-05-15
    * Salvation Army Auxiliary offers 63rd annual fashion show at Peoria Civic Center
    * PODCAST: Dr. Tom Ramage, President of Parkland College
    * 13-year sentence in campus robbery
    * Verizon moving center to Rolling Meadows, adding 200 jobs
    * Buyouts coming at company behind Chicago Tribune, LA Times
    * Woman accused of injecting 14-year-old daughter with heroin
    * United States, 11 Pacific Rim countries reach trade deal

    * Imrem: Is this how White Sox compete with Cubs?
    * COD cancels classes after bomb threat
    * Cubs playoff tickets in Pittsburgh a third of the cost of Chicago prices
    * John Wredling, former St. Charles school leader, dies at 101
    * Verizon to move 900 workers from Elgin to Rolling Meadows

    * 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

    * Sen. Durbin Blames the NRA for Preventing ......
    * Durbin Outraged by Northwest Indiana Gun S......

    * Senators Kirk, Toomey Bet on NL Wild Card ......
    * David Letterman, Al Franken Team Up to Hel......

    * The PI Week In Review
    * State Sen. Michael Connelly To Oversee Marco Rubio's Campaign In Illinois
    * Chicago chapter of NAREB collaborates to serve consumers
    * Small Business Owners Criticize State Economic Development Subsidies
    * New School Rating System To Roll Out In Illinois
    * REbarcamp gives Illinois REALTORS 10 ways to learn more from each other
    * Chicagoans Speak Out On 2016 Budget With Progressive Aldermen At Town Hall Meeting
    * CPS Officials Revise Inflated Graduation Rates (UPDATED)
    * Kotowski's Replacement To Be Sworn Into State Senate
    * Chuck Weaver selected to replace Darin LaHood in 37th Senate District

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