Exelon Generation Announces Intent To Retire Two Illinois Nuclear Plants In 2021
August 27,2020
Exelon Generation announced today that it intends to retire its Byron Generating Station and Dresden Generating Station, located in northern Illinois, in the fall of 2021
The plants collectively include four nuclear generation units
Exelon said that Byron, located just outside Byron, Ill., will close in September 2021, and Dresden, located in Morris, Ill., will close in November 2021.
Exelon called the plants "uneconomic."
"[W]e will continue our dialogue with policymakers on ways to prevent these closures," said Christopher Crane, president and CEO of Exelon. "To that end, we have opened our books to policymakers and will continue to do so for any lawmaker who wishes to judge the plants’ profitability."
Exelon said that Exelon Generation’s LaSalle and Braidwood nuclear stations in Illinois are also at, "high risk for premature closure."
With respect to Byron and Dresden, Exelon said, "In the days and weeks ahead, Exelon Generation will file a deactivation notice with PJM and inform key stakeholders and regulatory agencies of the retirements."
In addition, the company will:
• Make official shutdown notifications to the Nuclear Regulatory Commission within 30 days;
• Terminate capital investment projects required for long term operation of Dresden and Byron; and
• Scale back the refueling outages scheduled for this fall at Dresden and Byron. The move will result in spending reductions of $50 million