Energy

Keeping Illinois nuclear plants open saving some customers $237 a year

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Byron, UNITED STATES: The Exelon Byron Nuclear Generating Stations running at full capacity 14 May, 2007, in Byron, Illinois. (Photo credit should read JEFF HAYNES/AFP via Getty Images)

JEFF HAYNES | AFP | Getty Images

Nuclear energy pays in times of energy price fluctuations.

In September, Illinois lawmakers passed a watershed clean energy law which established the state as a leader for its efforts to decarbonize. One of the key provisions in the law was a commitment to keep its existing nuclear power fleet online, even if the plants were not profitable.

Nuclear reactors generate power without emitting greenhouse gasses but they often can’t compete when other forms of energy such as natural…



Source cnbc.com

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