The energy bill fiasco
Tuesday, Jun 1, 2021 - Posted by Rich Miller
* WBEZ…
As Monday dragged on, the most dramatic feature was the fate of the Exelon bailout, which sought to extend a lease on life for the company’s financially struggling nuclear plants at Dresden, Braidwood and Byron as part of a broader green-energy push by the Pritzker administration. Exelon announced last August it would close Dresden and Byron without relief from Springfield.
Pritzker’s office and Exelon appeared to have settled on the broad framework of more than $600 million in ratepayer subsidies over five years, multiple sources confirmed to WBEZ. But a deal hit an 11th hour snag involving the future of a southern Illinois coal-burning plant.
Talks surrounding the nuclear package unfolded under the heavy cloud of an ongoing federal probe into Exelon’s subsidiary, ComEd. Last week, as part of that investigation, federal prosecutors announced perjury and obstruction of justice charges against Madigan’s one-time chief of staff, Tim Mapes.
* From last night…
<
* Tribune…
An 11th-hour disagreement over whether to exempt the Prairie State Generating Station in southern Illinois and city-owned power plant in Springfield should be exempted from deadlines for shutting down coal-fired power plants had the potential to derail the deal.
Supporters were pushing the exemption because of outstanding bond debt on the facilities, but the governor’s office said Pritzker would not sign a bill that gives them special treatment.
* Greg Hinz…
But speculation centers on the role of Harmon’s chief of staff, Jake Butcher, who before he went to work for Harmon was a lobbyist for Prairie State Energy, which runs a “clean coal” generation plant and reportedly wants to be exempted from provisions of a deal that otherwise has the backing of both Pritzker and Harmon.
* Politico…
The energy bill appeared to be close. After reaching a compromise about how much to give Exelon to operate nuclear plants, there’s now a disagreement on coal plants. Senate President Don Harmon and his top aide, Jacob Butcher, a former coal lobbyist, want to exempt the Prairie State Energy coal plant from decarbonization rules that are in the bill.
…Adding… Prairie State…
“Coming online in 2012 during the Obama-Biden Administration, Prairie State is uniquely positioned to act as a bridge to support Illinois’ transition to a greater reliance on renewable energy. Our power plant was purpose-built with more than $1 billion in best available control technologies and we operate under very stringent environmental standards. Prairie State is vital to maintaining grid reliability, energy affordability, and economic prosperity as Illinois works to close the gap between today’s technologies and long-term carbon reduction goals. Prairie State is committed to partnering with policy leaders to further mitigate CO2 emissions in the future, including a partnership with the University of Illinois and U.S. Department of Energy to conduct a carbon capture study with the objective of identifying CO2 emission mitigation opportunities at a commercial scale,” said Alyssa Harre, Director of External Affairs and Organizational Strategy for Prairie State. “Prematurely shuttering Prairie State in 2035 would place new financial burdens on communities who own the plant by essentially forcing them to pay for two sources of power: the energy already owned through their partnerships with Prairie State Energy Campus, and replacement power to cover that loss. That is an additional cost our not-for-profit member communities and their ratepayers cannot afford.”
