Readers could have seen your ad here when reading this story. Email
       Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation

Exelon to Retire Three Mile Island Generating Station, Absent Needed Policy "Reforms"

May 30,2017

Exelon Corporation today said it will prematurely retire its Three Mile Island Generating Station (TMI) on or about September 30, 2019, "absent needed policy reforms."

Exelon is immediately taking one-time charges of $65-110 million for 2017 associated with the announcement, and accelerating approximately $1.0-1.1 billion in depreciation and amortization through the announced shutdown date

Exelon is also terminating capital investment projects required for long-term operation of TMI and canceling 2019 fuel purchases and outage planning

Exelon said that, "Amending the AEPS is one of many potential solutions to preserve Pennsylvania’s nuclear plants. Other options include establishing a zero emissions credit program, similar to the approach being implemented in Illinois and New York."

Exelon   Nuclear   Pennsylvania   Subsidies  

Comment on this story

NEW Jobs on
Executive Director -- Retail Supplier
Director/Manager Channel Sales -- Retail Supplier -- Houston
Director of Billing Operations
Analyst, Supply/Settlements -- Retail Supplier -- Houston
Manager of Supply -- Retail Provider -- Dallas

More Stories on
PUC Encourages Consumers to Include Electric, Natural Gas Shopping on Black Friday 'To Do' Lists
ExGen Texas Power Files For Bankruptcy
Pennsylvania Adopts State Budget With No PJM Transaction Tax
Retailer (DOE Coal NOPR): Customers Won’t Bother Shopping If 80% Of Bill A Pass-Through Charge
FirstEnergy Launching Online Marketplace For Products/Services, Some Can Be Paid For On EDC Bill

comments powered by Disqus

Advertise here:

Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service


Developed by: Avidweb Technologies inc.