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PG&E Announces Proposal to Close Diablo Canyon Nuclear Power Plant by 2025

LCG, June 22, 2016--PG&E yesterday announced a Joint Proposal with labor and environmental organizations that would increase investment in energy efficiency, renewables and storage beyond current state mandates while phasing out PG&E's production of nuclear power in California by 2025. The Joint Proposal would replace power produced by two nuclear reactors at the Diablo Canyon Power Plant with energy efficiency, renewables and energy storage. The Joint Proposal includes a PG&E voluntary commitment to a 55 percent renewable energy target in 2031.

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Exelon Announces Early Retirement of Nearly 3,000 MW of Carbon-Free Nuclear Capacity

LCG, June 3, 2016--Exelon Corporation yesterday announced that it will close two nuclear plants in Illinois, given the lack of progress on Illinois energy legislation. The Clinton Power Station in Clinton will close on June 1, 2017, and the Quad Cities Generating Station in Cordova will close on June 1, 2018. The two plants have lost a combined $800 million in the past seven years, despite being two of Exelon's best-performing plants.

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Industry News

Blugegrass State's Bluegrass Plant Starts Up

LCG, June 13, 2002--A new 500-megawatt, natural gas-fired power plant, intended to operate during peak-demand months June through September, began operating in Kentucky's Oldham County this week.

The plant is run by Bluegrass Generation Co. LLC, a subsidiary of Dynegy, and will sell its output on the open market, mostly in the Midwest. The simple-cycle peaking plant's three turbines are connected to the Louisville Gas & Electric Co. transmission system.

Some opposition to the plant persists, even following emissions testing and the lifting in May of a state moratorium on new merchant permit applications. An organization called Community Against Power Plants is bringing legal challenges concerning alleged health and environmental effects. An administrative hearing is planned for the second week of September.

Dynegy owns another plant in Kentucky's Lawrence county; that facility began producing power in June 2001.
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