The Chicago-based nuclear giant formally notified the U.S. Nuclear Regulatory Commission that it will permanently close its Quad Cities Units 1 & 2 and Clinton nuclear generating stations in Illinois. The two Fukushima-style reactors at Quad Cities, both GE Mark I boiling water reactors will close in 2018 and Clinton, a GE Mark III boiling water reactor will permanently close in 2017.
The Exelon formal filing to the NRC is just the latest in a trend of reactor closure announcements across the country at Fort Calhoun in Nebraska by the end of 2016, Diablo Canyon Units 1 & 2 by 2025 in California. This latest trend of closure announcements follows on the 2013 shutdowns at Crystal River 3 (Florida), San Onofre 2 & 3 (California), and Kewanee (Wisconsin). Vermont Yankee (Vermont) permanently closed in 2014. Additional closure announces have been submitted to the NRC for Fitzpatrick (NY) in 2017 and the Pilgrim (Massachusetts) and Oyster Creek (New Jersey) nuclear power stations in 2019. More reactor units, like Pennsylvania’s infamous Three Mile Island nuclear power station, are still pending formal announcements to the NRC.
Nuclear power is rapidly becoming redundant where conventional utility-scale renewable energy generation and efficiency cost less. Nuclear power’s full-on-all-the-time operating mode is recognized as inflexible to these increasing competitive electricity markets. Operating costs and major repairs for an aging and inherently dangerous nuclear technology have simply become unaffordable at many reactors. The added cost of even more safety-related nuclear accident retrofits is one more straw on the industry’s bowed economic back. Add to the steadily rising cost of nuclear power, energy efficiency is not only its cheapest competitor it is the quickest to deploy to customers at residential, commercial and industrial levels. As a result, electricity demand in the United States has continued to drop in five of the past eight years due to advances in energy efficiency technology.
Exelon withdrew plans to close Quad Cities 1 & 2 after state legislators approved a $235 million dollar bailout for Exelon over the next ten years.