From Bloomberg News | U.S. nuclear-power output slipped for a second day as Scana Corp. slowed its Summer reactor in South Carolina and Exelon Corp. slowed the 1,152-megawatt Braidwood 2 reactor in Illinois to 91 percent of capacity from 97 percent yesterday.
Inside these posts: Exelon Nuclear
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Exelon nuclear plant closing 10 years early
The nation’s oldest nuclear power plant will close in 2019 — 10 years earlier than planned — but will not have to build costly cooling towers, according to two people with direct knowledge of the situation.
The people, who spoke to The Associated Press on Wednesday on condition of anonymity because they weren’t authorized to discuss the plans ahead of an announcement expected Thursday, said the Oyster Creek Nuclear Generating Station in the Forked River section of Lacey Township will close a decade earlier than called for under its current license.
In return, the aging plant, owned by Chicago-based Exelon Corp., will not be required to build one or more cooling towers to replace its current technology, which draws 1.4 billion gallons of water a day from Barnegat Bay, killing billions of aquatic creatures each year. Get the full story »
Exelon considers bid for troubled nuclear plant
Power utility Entergy Corp. said it was exploring the sale of its 605-megawatt nuclear plant in Vermont, months after the state Senate voted to shut it in 2012 due to pollution issues.
Vermont politics could, however, complicate any potential sale. Earlier this year, the state Senate voted overwhelmingly to shut the reactor and the person heading that effort is now the unofficial Governor-elect Peter Shumlin, a Democrat.
Analyst Brian Chin said the likely bidders could include other nuclear operators like Exelon Corp., NextEra Energy Inc. and Constellation Energy Group Inc. Get the full story »
Exelon begins $4.6B in Illinois projects
Exelon Corp. announced a “massive spending program” Monday that will invest $4.6 billion in Illinois nuclear projects, beginning with the 10-year decommissioning of Zion Nuclear Power Station in September.
The investment is well above the company’s usual expenditures for refueling operations. Get the full story »
