Capitol Fax.com - Your Illinois News Radar

Benefits & Risks

Posted in:

Illinois
Advertising

[The following is a paid advertisement.]

We depend on reliable, clean-air energy from nuclear facilities to power Illinois and drive our economy. But some of Illinois’ nuclear energy facilities are at risk of closing prematurely. Their closure could cost the state $1.8 billion in lost economic activity, nearly 8,000 highly skilled jobs, wholesale price increases of almost 10 percent, or $437 million, for ComEd customers, and significant increases in carbon and other pollutants, according to a State of Illinois report from January 2015. In fact, the cost to Illinois of allowing nuclear plants to prematurely retire are as much as 12 times greater than the actual cost of the LCPS, when fully considering increased wholesale power prices, transmission costs, adverse economic impacts, and adverse environmental impacts, according to the report.

The Illinois Low Carbon Portfolio Standard (LCPS) is a market-based approach that would preserve the state’s existing low carbon energy sources (including nuclear power), incent the addition of more renewables, and advance Illinois’ position as the nation’s clean-air energy leader.

Currently, not all low-carbon sources of energy in Illinois are valued for the clean air benefits they provide. In particular, Illinois’ nuclear facilities have been overlooked, despite providing 90 percent of our state’s carbon-free power. The LCPS would correct this flaw in Illinois’ energy policy.

Members of the General Assembly: Support the Illinois Low Carbon Portfolio Standard and Include Zero Carbon, Reliable Nuclear Energy In Illinois’ Energy Future.

Learn More: http://www.NuclearPowersIllinois.com

posted by Advertising Department
Tuesday, Mar 17, 15 @ 9:33 am

Comments

No comments on this post so far.