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ARTICLE ARCHIVE
Tuesday
Sep012015

"Exelon plans cost cuts, won't rule out layoffs"

As reported by the Chicago Tribune, Illinois-based Exelon Nuclear has warned its employees that layoffs may lie ahead, as five atomic reactors in the state continue to hemorrhage money.

Exelon has been buffeted recently. The Washington, D.C. Public Service Commission (PSC) rejected Exelon's proposed takeover of Mid-Atlantic utility Pepco. The PJM capacity auction left Exelon reactors in three states in the lurch. The U.S. Environmental Protection Agency's Clean Power Plan did not give nuclear lobbyists, especially at Exelon, what they wanted. And the Illinois State Legislature went on summer recess on May 31st, without giving Exelon the $1.5 billion bailout it requested, at ratepayer expense, to prop up its uncompetitive reactors.

During testimony under oath before the DC PSC, Exelon Nuclear CEO Chris Crane, who wrote the memo that prompted the Chicago Tribune article above, also indicated that should Exelon takeover Pepco, job cuts at Pepco will follow. Exelon and Pepco have made known they plan to appeal the DC PSC's rejection by the 30-day deadline.

Tuesday
Sep012015

"Protests greet FirstEnergy rate request hearings"

Photo compliments of Ohio Sierra Club Nuclear-Free CommitteeJim Provance, Columbus Bureau Chief for the Toledo Blade, has reported on "Protests greet FirstEnergy rate request hearings."

The protest took place at the HQ of PUCO, the Public Utilities Commission of Ohio, in the state capital, Columbus. It marked the beginning of weeks of formal hearings, where PUCO will consider FirstEnergy's requested ratepayer bailout.

Speakers included Harvey Wasserman of Solartopia fame, Bob Fitrakis of Columbus Free Press, Neil Waggoner of Sierra Club's Beyond Coal Campaign, and Pat Marida of Ohio Sierra Club Nuclear-Free Committee (who posted photos, including the one to the left). More.

Monday
Aug312015

"Exelon mulls closure of unprofitable Quad Cities nuke plant"

As reported by the Chicago Tribune, Exelon must decide by the end of September whether or not Quad Cities' two reactors will continue operating past May 2017 -- the current cut off for their electricity generation capacity commitments. The dirty, dangerous, expensive, age-degraded and uncompetitive reactors have been hemorrhaging money.

Increasing the likelihood of a permanent shutdown, Exelon's Quad Cities has failed to clear PJM capacity auctions; Exelon lobbyists have failed, thus far, to convince IL state legislators to fork over $1.5 billion of ratepayer money to prop up its troubled reactors; and the DC PSC rejected Exelon's takeover of Pepco, by which it had hoped to funnel Mid-Atlantic ratepayer money to IL to bail out its troubled reactors.

The article did not mention that Quad Cities Unit 1 and 2 are General Electric Mark I Boiling Water Reactors, identical in design to Fukushima Daiichi Units 1 to 4.

Friday
Aug282015

Handguns stolen from LaSalle nuclear power plant arsenal in security breach

With  gun violence proliferating at an alarming rate across the United States, federal authorities with Nuclear Regulatory Commission are now investigating a security breach at Exelon's LaSalle nuclear power plant involving the theft of two handguns the sites security arsenal. The ABC news affilitate in Chicago, IL first reported the gun theft and security breach. 

Company officials claim that the theft was not a security breach. The fact of the matter, the event exposed that the arsenal for the nuclear power plant was not secured and the two weapons were apparently slipped past site metal detectors.

Exelon's site security was in the news in 2013 after two of its nuclear power plant workers at the Dresden nuclear power plant were discovered to have been plotting and recruiting other workers to stage an armed robbery of a payroll truck. 

For more on the LaSalle security breach go to Enformable.

Tuesday
Aug252015

VICTORY: DC PSC rejects Exelon Nuclear's takeover of Pepco!

Logo courtesy of Public Citizen's Energy and Climate ProgramThe Washington, D.C. Public Service Commission has voted unanimously to reject Exelon Nuclear's attempted takeover of the Mid-Atlantic electric utility Pepco. This blocks the acquisition, despite other jurisdictions -- including in Maryland, Delaware, Virginia and New Jersey -- having already approved the proposal.

As reported by AP: "[D.C. Public Service] Commission chairman Betty Ann Kane says the companies did not meet their burden of showing that the proposed merger would benefit the public."

Beyond Nuclear has been proud, honored, and privileged to be a part of the PowerDC coalition -- led by such groups as Public Citzen's Energy and Climate Program (see logo, left) -- sending out action alerts to our DC supporters, attending rallies, press conferences, and public meetings, bearing witness at Exelon Nuclear CEO Chris Crane's testimony before the D.C. PSC, etc. PowerDC deserves congratulations and thanks. It has consistently warned about the dangers of Exelon taking over Pepco, from the gouging of D.C. ratepayers in order to prop up dirty, dangerous, and uncompetitive old atomic reactors in IL, to the sabotaging of D.C.'s strides in renewable energy and energy efficiency. More.