Rauner & Area Officials To Meet To Discuss Exelon Proposal To Protect Clinton, QC Nuclear Plants

May 12, 2016
 
Exelon's Clinton nuclear power station.

Exelon's Clinton nuclear power station, in an undated photo.

(Wikimedia Commons)

News-Gazette reporter Tom Kacich talks with Illinois Public Media’s Brian Moline about a meeting set for Thursday between Gov. Bruce Rauner, and area officials to talk about a new plan from Exelon, which it says must be passed into law to prevent it from closing its Clinton and Quad Cities nuclear power plants.

While the Chicago-based company is very profitable overall … Exelon says those two plants are losing millions of dollars each year. 

Exelon wants help from the state of Illinois to keep the plants open. A more expensive plan stalled in Springfield last year. Exelon’s new proposal would provide it with $150 million in state assistance.

Story source: WILL