Tribune Continues to Obfuscate Cost of ComEd Rate Increases If “Energy” Bill Passes

What will it cost homeowners if the Democrats pass a bill to subsidize Commonwealth Edison’s parent company’s nuclear power plants…AGAIN?

One has no idea by reading Chicago Tribune articles on the subject.

Here is all the latest article–echoing previous ones–says:

Gov. J.B. Pritzker has proposed a deal that would put power customers on the hook for a nearly $700 million bailout of three Exelon nuclear plants, including the plants in Byron and Dresden that are facing closure.

What would be your share of the $700 million?

Don’t expect the Chicago Tribune to tell you.

And, parenthetically, how much advertising does the electric company buy from the Tribune?


Comments

Tribune Continues to Obfuscate Cost of ComEd Rate Increases If “Energy” Bill Passes — 6 Comments

  1. Per

    https://www.nuclearpowersillinois.com/byron_generating_station

    “Byron Generating Station has 2 units capable of generating approximately 2,500 net megawatts of electricity, enough to power more than 2 million average American homes. Its twin cooling towers overlook the scenic Rock River Valley. The towers help cool the two Westinghouse pressurized water reactors. Units 1 and 2 began commercial operation on Sept. 16, 1985, and Aug. 2, 1987, respectively.”

    The nuclear plants are essential for providing electricity in Illinois. Byron and Dresden are about 34 years old and according to experts, nuclear plants can operate for many more years, for up to 80 years. It is reckless for the utility to want to shut these down in Illinois.

    From

    https://www.energy.gov/ne/articles/whats-lifespan-nuclear-reactor-much-longer-you-might-think

    “The 80-Year Club

    Eleven reactors are already using this research to apply for a second 20-year extension.

    Florida Power and Light’s Turkey Point Units 3 and 4 became the first reactors cleared by the NRC to operate for up to 80 years.

    The NRC also approved Exelon’s Peach Bottom Units 2 and 3 and Dominion’s Surry Units 1 and 2. Several other utilities, including Duke Energy, have announced plans to apply. Xcel Energy is also considering an extension.

    To date, 20 reactors, representing more than a fifth of the nation’s fleet, are planning or intending to operate up to 80 years. More are expected to apply in the future as they get closer to the end of their operating licenses.

    Why It’s Important

    America has the largest fleet of reactors in the world. Nuclear energy generates nearly 800 billion kilowatt hours of electricity each year and makes up more than half of the nation’s clean energy.

    It operates at full power more than 92% of the time and has provided roughly a fifth of the nation’s power since the mid-90s.

    Despite this performance, 12 reactors have retired since 2013 due to challenging market conditions, and an additional 7 units are slated to shut down by 2025.

    Losing these reactors would ultimately reduce America’s large-scale supply of affordable and dependable clean power, as well as deplete the expertise, knowledge, and supply chain that goes along with the entire U.S. nuclear industry.”

  2. The only way the “greens” can get to where it is they want us all to go is nuclear.

    Any other recipe is fantasy.

    ✌️😎

  3. The NRC has approved Nu Scale Power’s modular nuclear reactor design, each module capable of 50 Mw, and can be ganged into a group of up to 12.

    This may be a big step forward. Individual reactors and most components can be manufactured and assembled in a factory and shipped to the site.

    No longer do they all have to be massive, custom on-site builds; and with permitting and licensing of the reactors themselves already accomplished, you only need to focus on site permitting and local concerns and geography.

    ✌️😎

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