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  1. Illinois Governor Signs Bill to Subsidize Two Nuclear Power Plants

    By Editors of Power Engineering Illinois Governor Bruce Rauner signed a bill that will provide billions of dollars to Exelon Corp. to prevent two struggling nuclear plants from closing prematurely. The deal gives Exelon $235 million per year in order to keep the Quad Cities and Clinton nuclear power plants running for another 10 years, the Northwest Herald reported. The bill also provides millions of dollars in energy efficiency programs and assistance to low-income energy users. Finally, the bill would cap an increase in ratepayer bills to an average of 25 cents a month to ComEd customers and 35 cents a month for Ameren users over the next 13 years, and allows for the expansion of renewable power generation. Exelon had said it would close the Clinton Power station on June 1, 2017 and the Quad Cities Generating Station on June 1, 2018, claiming the two had lost a combined $800 million in the past seven years. In a statement, Exelon said the bill “safeguards the state’s top source of clean energy, protects and creates thousands of jobs and strengthens the Illinois economy, while preserving competitive rates.” Rauner said he supported the bill in order to save thousands of jobs. “I was unwilling to gamble with these communities, gamble with thousands of good-paying jobs and gamble with our energy future,” he said in a statement. “While this legislation isn’t perfect, it allows us to protect jobs, ratepayers and taxpayers.”

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    Thu, 8 Dec 2016

  2. Entergy to close Michigan nuclear plant in 2018

    Entergy said it could offer new positions to up to 180 of the affected employees at the Palisades plant

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    Thu, 8 Dec 2016

  3. Entergy to Close Palisades Nuclear Plant Early

    The announcement also noted the company will end the Palisades’ power purchase agreement with CMS Energy in 2018.

    Online Articles

    Online Articles

    Thu, 8 Dec 2016

  4. FirstEnergy seeks to sell its interests in 3,003-MW Bath County hydropower facility and other energy plants

    The U.S. Securities and Exchange Commission on Dec. 6 released a Form 8-K submitted by Akron, Ohio-based FirstEnergy Corp. that indicates certain FirstEnergy subsidiaries entered into new credit facilities for negotiating the sale of several generating assets, including the company’s interests in ...

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    Online Articles

    Fri, 9 Dec 2016

  1. Nuclear Power: Energy company plans to close Michigan nuclear plant in 2018

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    Fri, 9 Dec 2016

  2. Nuclear Power: Japan doubles cost estimate for Fukushima cleanup

    The estimated cost of cleaning up Japan's wrecked Fukushima nuclear plant has doubled to nearly 22 trillion yen ($190 billion), with decommissioning expenses expected to continue to increase, a government panel said Friday.

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    Sat, 10 Dec 2016

  3. IEA chief economist says nuclear vital to climate objective

    The International Energy Agency’s chief economist says the Paris agreement will be ‘very difficult to achieve without an increase in nuclear power capacity.

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    Wed, 7 Dec 2016

  4. Nuclear Power: Swiss reject plan to speed up exit from nuclear energy

    Swiss voters rejected a plan to accelerate the country's exit from nuclear energy in a referendum Sunday, turning down an initiative that would have forced their government to shut the last plant in 2029.

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    Tue, 29 Nov 2016

  5. Michigan nuclear power plant's license extension on hold

    Fermi 2 has been operating since July of 1985

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    Mon, 5 Dec 2016

  6. Nuclear Power: Michigan nuclear power plant's license extension on hold

    A 20-year extension for the operating license of a nuclear power plant in Michigan has been put on hold after an activist group encouraged a federal agency to look more closely into how potassium iodide pills would be given to area residents if the plant ever has a major release of radioactive ...

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    Sat, 3 Dec 2016

  7. Nuclear Power: Owner of shut-down Vermont nuke plant seeks to sell

    The owner of the shut-down Vermont Yankee nuclear   power plant wants to sell the facility to a company that specializes in dismantling closed nuclear   power plants .

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    Wed, 9 Nov 2016

  8. Kenya Plans its First Nuclear Power Plant

    The proposed 1,000-MW plant, due to enter service in 2027, is expected to help both the reliability and affordability of Kenya’s power grid.

    Online Articles

    Online Articles

    Wed, 30 Nov 2016

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