Byron nuclear plant could close in 3 years
BYRON – Exelon’s Byron nuclear generating station could close as early as mid-2022 because of financial risk, some 2 decades earlier than its planned retirement.
The company said in a Feb. 8 filing with the Securities and Exchange Commission that the Byron plant and two others – Braidwood and Dresden – are showing “increased signs of economic distress which could lead to an early retirement in a market that does not currently compensate them for their unique contribution to grid resiliency and their ability to produce large amounts of energy without carbon and air pollution.”
Crain’s Chicago Business said the earliest the Byron plant could close would be mid-2022, the same for Braidwood, and as early as 2021 for Dresden.
Paul Dempsey, communications specialist for the Byron station, said the Byron plant’s prices were too high for a transmission company to pay in an August bidding process. He said Exelon is working at the “state, regional and federal levels” to emphasize the “benefits of nuclear energy.”