Environment & Energy Report

Push to Save Struggling Nuclear Reactors Returns to Illinois

Aug. 1, 2019, 6:04 PM

The battle over subsidizing struggling nuclear plants is heading back to Illinois.

Exelon Corp. Chief Executive Officer Chris Crane said Thursday that three of its plants in the state are “financially challenged” and that the company is working with lawmakers to ensure nuclear power is included in any legislation that supports clean energy.

“We will not operate unprofitable or negative cash-flow plants,” Crane told analysts Thursday on the Chicago-based company’s second-quarter earnings call. He singled out the Braidwood, Byron, and Dresden plants.

Illinois already passed legislation in 2016 granting $235 million a year for Exelon’s Quad Cities and Clinton nuclear...

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