Illinois weighing its options in the face of potential nuclear plant closures [VIDEO]

1 min read
23 January, 2015


Energy markets are continuing to garner considerable attention in the Illinois legislature, as a debate about the make-up of the state's generation mix heats up.

Exelon, which owns nuclear power plants throughout the state, threatened to shut down some of its unprofitable plants if the state government doesn't give them the same subsidies that other carbon-free generators get.

A loss of this capacity could greatly impact energy prices throughout Illinois. Legislators are reportedly considering adopting a cap-and-trade rule or a low-carbon portfolio standard, which would penalize carbon-producing plants while giving more economic advantages to cleaner power sources.

Thanks for watching and tune in next week for more energy market news!

Learn More About POWWR

Get Email Notifications